DLUHC launches consultation on Right to Buy reforms to protect social housing
The Department for Levelling Up, Housing and Communities (DLUHC) has launched an eight week consultation on proposed reforms to the Right to Buy scheme. Key measures under consideration include extending the minimum tenancy period for eligibility, exempting newly built social homes from the scheme and introducing targets for councils to replace sold stock. The government has already reduced maximum Right to Buy discounts to £16,000 - £38,000 and increased the cost floor protection period to 30 years. Councils can now retain all receipts from sales and the scheme will not be extended to housing associations. These reforms aim to create a more sustainable Right to Buy programme while protecting and increasing social housing stock amidst unprecedented housing pressures.