Right to Acquire Scheme
(asked on 9th February 2017) - View Source
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Communities and Local Government, what plans he has to introduce a cost floor for homes sold through the right to acquire scheme.
This question was answered on 23rd February 2017
The Cost Floor for the Right to Buy is designed to safeguard a landlord who has spent money on the acquisition and repair and maintenance of a property.
A provision to provide a similar safeguard for the Right to Acquire is set out in existing legislation.