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Chamber and committees

Question reference: S3W-02223

  • Asked by: Jamie Hepburn, MSP for Central Scotland, Scottish National Party
  • Date lodged: 18 July 2007
  • 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.