Question reference: S3W-02223
- Date lodged: 18 July 2007
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Current status: Answered by Stewart Maxwell on 1 August 2007
Question
To ask the Scottish Executive how much has been raised through the sale of council houses in each year since the introduction of the right to buy scheme.
Answer
The following table providesthe amount raised through the sale of council houses to sitting tenants underthe right to buy and rent to mortgage schemes, and through voluntary sales.
Total Value of Sales ofLocal Authority, New Town and Scottish Homes Stock
Sitting Tenant Right to Buy,Rent to Mortgage and Voluntary Sales
Year | Receipts (£ million) | Year | Receipts (£ million) |
1979 | 7.5 | 1993 | 293.2 |
1980 | 46.6 | 1994 | 316.9 |
1981 | 84.3 | 1995 | 255.0 |
1982 | 123.0 | 1996 | 197.0 |
1983 | 169.3 | 1997 | 256.7 |
1984 | 166.3 | 1998 | 214.0 |
1985 | 153.9 | 1999 | 209.0 |
1986 | 150.5 | 2000 | 224.3 |
1987 | 199.7 | 2001 | 215.2 |
1988 | 326.8 | 2002 | 272.5 |
1989 | 408.9 | 2003 | 300.8 |
1990 | 363.4 | 2004 | 256.0 |
1991 | 289.1 | 2005 | 258.1 |
1992 | 331.7 | 2006 | 232.8 |
Source: Sales3 returnsprovided to the Scottish Executive by local authorities
Note: The table excludessales to sitting tenants who preserved their rights to buy their home followingthe transfer of stock to housing associations in Dumfries and Galloway, Glasgowand the Scottish Borders in 2003, and in Argyll and Bute and Eilean Siar in2006. The total value of these additional sales is £102 million.