Right to Buy policy framework
E28084
The Right to Buy policy framework is a UK government scheme that allows eligible social housing tenants to purchase their homes at a discount, aiming to increase homeownership.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
government scheme
ⓘ
homeownership policy ⓘ housing policy ⓘ |
| administeredBy |
local authorities
ⓘ
registered social landlords ⓘ |
| appliesTo |
council housing tenants
ⓘ
social housing tenants ⓘ some housing association tenants ⓘ |
| benefit | purchase discount on property price ⓘ |
| country | United Kingdom ⓘ |
| criticisedFor |
contributing to housing affordability pressures
ⓘ
reducing social housing stock ⓘ |
| discountDependsOn |
length of tenancy
ⓘ
type of property ⓘ |
| discountType | percentage reduction from market value ⓘ |
| feature |
eligibility criteria based on tenancy length
ⓘ
exclusions for certain types of housing ⓘ maximum discount cap ⓘ requirement that property is self-contained ⓘ requirement that property is tenant’s only or main home ⓘ |
| geographicScope |
England
ⓘ
Northern Ireland ⓘ
surface form:
Northern Ireland (with variations)
Kingdom of Scotland ⓘ
surface form:
Scotland (historically, before abolition)
Wales (historically, before abolition) ⓘ |
| hasCondition |
possible restrictions on resale
ⓘ
repayment of some discount if property sold within specified period ⓘ |
| hasOutcome |
reduction in number of council-owned homes
ⓘ
transfer of ownership from public to private sector ⓘ |
| implementedThrough | statutory right for qualifying tenants to buy ⓘ |
| introducedBy |
Conservative government of the United Kingdom
ⓘ
surface form:
UK Conservative government
|
| introducedUnderPrimeMinister | Margaret Thatcher ⓘ |
| legalBasis | Housing Act 1980 ⓘ |
| policyArea |
homeownership
ⓘ
housing tenure ⓘ social housing ⓘ |
| purpose |
enable social tenants to buy their homes
ⓘ
increase homeownership ⓘ |
| relatedConcept |
social housing privatisation
ⓘ
tenants’ purchase rights ⓘ |
| relatedPolicy | Right to Acquire ⓘ |
| requires |
Right to Buy application to landlord
ⓘ
completion of conveyancing process ⓘ tenant not be in serious rent arrears ⓘ valuation of the property ⓘ |
| startDate | 1980 ⓘ |
| supportedFor |
expanding property ownership
ⓘ
promoting individual asset accumulation ⓘ |
| targetGroup | long-term social tenants ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
Department for Levelling Up, Housing and Communities
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portfolioIncludes
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Right to Buy policy framework
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