| Heading: |
Right to Buy Scheme: Local Government Finance |
| Question ID: |
1754496 |
| UIN: |
23201 |
| House: |
Commons |
| Date tabled: |
2025-01-10 |
| Asking Member ID: |
5146 |
| Asking Member display name: |
Michael Payne
|
| Asking Member handle: |
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| Asking Member Twitter reference: |
Michael Payne
|
| Member interest: |
false |
| Question text: |
To ask the Secretary of State for Housing, Communities and Local Government, with reference to paragraph 5.149 of the Autumn Budget, whether receipts from right to buy sales (a) are ringfenced for new council housing or (b) can be used for general spendin |
| Is named day: |
false |
| Date of holding answer: |
|
| Date answered: |
2025-01-30 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4520 |
| Answering Member display name: |
Matthew Pennycook
|
| Answering Member handle: |
mtpennycook
|
| Answering Member Twitter reference: |
@mtpennycook
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
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| Answer text: |
At the Budget on 30 October 2024, the Chancellor confirmed that local authorities can now retain 100% of their receipts from Right to Buy sales.Approximately 65% of these receipts are conditionally retained by councils on the basis that they will be used ... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
7 |
| Answering body name: |
Ministry of Housing, Communities and Local Government |
| Tweeted: |
true |