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Abolition of the Right to Buy and Associated Rights (Wales) Bill

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Proposed legislation to abolish the Right to Buy and associated rights is expected to be introduced in the National Assembly for Wales.
Under the Right to Buy scheme, you can buy your home at a price lower than the full market value.
The Right to Acquire gives qualifying Registered Social Landlord tenants a right to purchase their homes.
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The Bill will end the Right to Buy, Preserved Right to Buy and Right to Acquire for tenants of local authorities and registered social landlords.

Our social housing is a valuable resource, but it is under considerable pressure. The size of social housing stock has declined significantly since 1980 when the Right to Buy was introduced. The number of homes lost through the Right to Buy is equivalent to 45% of the social housing stock in 1981. This has resulted in longer waiting times for people in housing need, many of whom are vulnerable, to access a home they can afford. 

To ensure tenants are aware the Right to Buy is ending, the Bill requires the Welsh Government to publish information, which social landlords must provide to affected tenants, within two months of Royal Assent.

When will the Right to Buy end

To encourage the development of new housing stock, the Right to Buy and Right to Acquire will end for new homes two months after Royal Assent. For existing housing stock, final abolition will take place at least one year after Royal Assent.

Information on the scrutiny of the bill is available at the National Assembly for Wales (external link).

Consultation - Draft 'Information for tenants of social landlords' document

The summary of responses is now available.