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ARCH annual report

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The ARCH annual report for 2015-16 is now available to view.

 

Download it here.

RTB sales down in Qtr 1 2017/18 12/10/2017

Sales of council housing under the governments reinvigorated Right to Buy (RTB) fell by 23% in the first quarter of 2017/18 compared to the same quarter in the year previous (2017/18). 

 

During the period April to June 2017 councils sold an estimated 2,601 dwellings compared to the figure of 3,382 sold in the period April to June 2016.

 

Since the government introduced the reinvigorated Right to Buy in April 2012 with significantly larger discounts councils have sold some 57,520 council homes, however the latest figures show that in total there have been only 13,623 affordable housing units started by local authorities, the Homes & Communities Agency and the Greater London Authority since the reinvigoration of the Right to Buy in April 2012.

 

In the first quarter of 2017/18 local authorities received approximately £219.5million from Right to Buy sales and the average receipt per dwelling sold was £84,000.

 

Download the latest statistical release.

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