- in 2013 to 2014 quarter 1, local authorities sold an estimated 2,149 dwellings under the Right to Buy scheme; this is nearly 5 times the 443 sold in the same quarter of the previous year
- there were approximately 300 fewer sales in 2013 to 2014 quarter 1 than in 2012 to 2013 quarter 4; this was the first quarter on quarter reduction in sales after 3 quarters of increases
- local authorities in London accounted for 18% of sales in 2013 to 2014 quarter 1, this compares to a maximum of 21% in the previous 7 years
- in 2013 to 2014 quarter 1, local authorities received approximately £129 million from Right to Buy sales, more than 5 times higher than the £24 million in the same quarter of 2012 to 2013
- the average receipt per dwelling in 2013 to 2014 quarter 1 was £60,000, this compares to £54,000 in the same quarter of the previous year
- there were 65 dwellings started on site or acquired in 2013 to 2014 quarter 1, this compares to 14 in the same quarter of the previous year
Sunday 29 December 2013
Right to Buy Conveyancing - 2013 to 2014, Quarter 1
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