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RTB sales fall 22% in Quarter 2 20/12/2018 Labelled as Finance

Latest figures from the Ministry of Housing, Communities & Local Government show that councils sold an estimated 2,417 dwellings under the RTB in Quarter 2 of 2018-19 (July to September 2018).   

 

This is a decrease of 22% on the same quarter of 2017-18.

 

Sales generated £205.3 million in the quarter - 17% lower than the £247.3 million in the same quarter of the previous year.

 

The average receipt per dwelling sold in the period was £84,900.

 

Compared to the 2,317 dwellings sold in the quarter there were only 1,160 dwellings started on site as part of the government's Right to Buy replacement policy.

 

Read the full MHCLG statistical release.

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