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    • FOI request (FOIR-580020846)

      Right to Buy Properties

      Requested Wed 24 January 2024
      Responded Tue 12 March 2024

      I am writing to request information under the Freedom of Information Act (2000). I would like to know:

      1. How many leasehold properties have been sold by the local authority under the Right to Buy scheme (1980) since its inception?
      2. How many of these leaseholds are currently registered at an away address (an address which is not that of the property itself)?
      3. How many properties initially sold under the Right to Buy act have been subsequently purchased by the local authority?
        1. How many of these were purchased on or after January 1st 2020?
        2. How much money has the local authority spent on purchasing these properties? (If any properties have been sold again after being re-purchased, please also specify this income)

      Response

      Please accept my apologies for the delay in responding. 

      Q1 & Q2. Hastings Borough Council did a Large Scale Voluntary Transfer (LSVT) in 1996. We do not hold information prior to the LSVT.

      Q3. How many properties initially sold under the Right to Buy act have been subsequently purchased by the local authority?

      Answer: 32

      a. How many of these were purchased on or after January 1st 2020?

      Answer: 23

      b. How much money has the local authority spent on purchasing these properties? (If any properties have been sold again after being re-purchased, please also specify this income):

      Answer: The total of the purchase price for the 23 units is £4,477,660. No properties have been sold again.

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