Consultation on Reforms to the Right to Buy

Topic of this consultation: This consultation seeks views on how the Right to Buy should be reformed so that it better protects the existing stock of social rented homes, provides better value for money for the taxpayer and ensures fairness within the system . We want to ensure that council tenants who have lived in, and paid rent on, their social homes for many years can retain the opportunity to own their home. However, reform of Right to Buy is essential to better protect much-needed social housing stock, boost council capacity and build more social homes than we lose, supporting the Government’s commitment to deliver the biggest increase in social and affordable housebuilding in a generation. The consultation follows the review and reduction of maximum Right to Buy cash discounts , which was announced at Autumn Budget 2024, and asks for views on: the qualifying criteria for tenants; initial an