Inside Housing has reported:
“Since 2012, councils have been allowed to keep a portion of the receipt from a Right to Buy home to build a replacement, with a total of 10,644 started so far against 51,352 sales.
But Freedom of Information Act responses from 111 councils – 75% of those building replacements – showed only 48% (3,962) of the 8,109 new homes they had started were at social rents.
Affordable rent, which is set at up to 80% of the market rate and is much higher than social rents in many areas of the country, made up 3,971 replacements with the remainder temporary housing and other tenures.”