Right to Buy sales down 23% year-on-year

The government has published its England Right to Buy Sales data for January to March 2019.

In the quarter (January to March 2019), local authorities sold an estimated 2,612 dwellings under the Right to Buy scheme. This is a decrease of 23% from the 3,396 sold in the same quarter of 2017-18.

In Q4 2018-19, local authorities received approximately £219.7 million from Right to Buy sales, 16% lower than the £262.4 million in the same quarter of 2017-18.

The average receipt per dwelling sold in Q4 2018-19 was £84,100. This compares to £82,800 in the same quarter of 2017-18.

There were 1,406 dwellings started on site or acquired (as part of Right to Buy replacement policy) in Q4 2018-19, 13% lower than the number of dwellings started or acquired in the same quarter of 2017-18.

Exit mobile version