UK Parliament / Open data

Housing (Right to Buy) (Maximum Percentage Discount) (England) Order 2014

I think that I will need to follow up this debate with a specific letter that covers some of the specific detail. What has happened in terms of business planning is that, clearly, local authorities were preparing for sales on the basis of the previous scheme. On the introduction of the new scheme, sales have increased; when sales have increased in the light of us reinvigorating the scheme, and there is an increase above and beyond their estimates, the money goes straight back to local authorities. It has never happened before. That money must be used for the construction of new homes.

Type
Proceeding contribution
Reference
754 c242GC 
Session
2014-15
Chamber / Committee
House of Lords Grand Committee
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