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Showing posts with the label Right to Buy Homes Sales April to June 2015 England Update

Right to Buy Homes Sales: April to June 2015 England Update

Sales In 2015-16 April – June (Quarter 1), local authorities sold an estimated 2,779 dwellings under the  Right to Buy scheme. This is a decrease of 2 per cent from the 2,849 sold in the same quarter of 2014-15 (Table 1) . Local authorities in London accounted for 35 per cent of sales in 2015-16 Quarter 1 (Q1); 23 percentage points higher than the 12 per cent recorded in the same quarter of 2006-07 (Chart 1).Receipts In 2015-16 Q1 local authorities received approximately £223 million from Right to Buy sales, 5 per cent higher than the £212 million in the same quarter of 2014-15 (Table 2). The average receipt per dwelling sold in 2015-16 Q1 was £80 thousand, this compares to £74 thousand in the same quarter of 2014-15 (Table 3).  Introduction This statistical release presents official statistics on the number of sales of dwellings under the  Right to Buy scheme, as well as providing statistics on receipts resulting from those sales and  star...