The Government has launched the Midlands
Voluntary Right to Buy Pilot giving housing association
tenants the opportunity to buy their home at a discount with the
Government promising to reimburse housing associations for the
discounts they give to tenants.
The Government is providing £200 million for this Voluntary
Right to Buy pilot, with applications to buy through the pilot
being allocated through a ballot. The ballot will close on 16
September 2018, with the pilot running until spring 2020 giving
successful candidates adequate time to complete the purchase.
Housing association tenants who are successful in the ballot
will not be guaranteed that they can purchase under the scheme -
they will still need to meet the eligibility criteria and complete
the application process in full.
Housing associations will have discretion over which properties
they sell. Where the home is exempt from the pilot, the housing
association will give the tenant the opportunity to use their Right
to Buy discount to buy another housing association property. This
is known as the portable discount, and is being tested through the
The launch of this pilot came the day after the launch of the
Social Housing Green Paper and the decision to abandon the proposal
for a High Value Asset Levy on stock retaining councils paid for by
the sale on the open market of so called higher value council
housing which leaves open the question of where the government
would find the finances to fund a nationwide extension of the pilot
The Government says it will assess the impact of the pilot
before deciding on the next steps for this policy.