Overview

• Reforms would extend the qualifying period from three to ten years before tenants can purchase council homes.
• Discounts will start at five percent of a property’s value and increase by one percent per year up to a 15 percent cap, replacing previous discounts of up to 70 percent.
• All newly built social homes will be exempt from Right to Buy for 35 years to ensure councils recover construction costs.
• Councils can retain 100 percent of Right to Buy sales receipts indefinitely and may combine them with grant funding from 2026-27 to accelerate housebuilding.
• The government will invest £12 million in a Council Housebuilding Skills & Capacity Programme and deploy a £39 billion homes package to boost local building capacity and deliver 300,000 affordable homes over the next decade.