Voluntary Right to Buy
The Autumn 2017 Budget confirmed the Government’s intention to proceed with a large-scale regional pilot of the Voluntary Right to Buy (VRTB) scheme in the Midlands.
A pilot in the Midlands, where there is a range of different housing markets, will provide more information to Housing Associations and the Government before the scheme is launched nationwide.
We are keen to explore how elements of the VRTB scheme will operate as some of these are vital in boosting the nation’s housing supply.
We will work closely with everyone involved across the pilot area, building on the learning from the original pilot to ensure we can continue to deliver for our customers.
We do not yet know if we will be a part of this pilot, once we have more information on the plans for the VRTB Scheme we will provide further information to you.
If you have previously registered your interest in the VRTB scheme we still have your details and we will contact you when we receive confirmation that the scheme will be rolled out.
We will also update the information on our website as we receive additional information including details of when the pilot will launch, which housing associations will be included in the pilot and what the eligibility criteria will be.
The National Housing Federation have also produced some questions and answers that may be of use to you.