Acronyms that contain the term right to buy 

Right to Buy

The Right to Buy scheme is a policy in the United Kingdom which gives secure tenants of councils and some housing associations the legal right to buy, at a large discount, the home they are living in. There is also a Right to Acquire for assured tenants of housing association homes built with public subsidy after 1997, at a smaller discount. About 1.5 million homes in the UK have been sold in this manner since 1980. Critics claim that this compounded a housing shortage for those of low income, initiated a national house price bubble, and what is commonly recognised as the displacement and social cleansing of traditional communities. Supporters claim that the programme gave millions of households a tangible asset, secured their families finances and by releasing cash to repay Local Authority loans, helped improve the public finances.

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