To ask the Secretary of State for Housing, Communities and Local Government, with reference to the King's Speech on 17 July 2024, who would be responsible for determining the sale price of a property under Community Right to Buy.
Answered on
9 September 2024
The government recognises the vital importance of high streets and community spaces and is committed to supporting them to thrive across the country. As part of this, we are developing proposals to introduce a Community Right to Buy which will empower local people to preserve the places and spaces important to them.
My department is working hard to consider the most effective and balanced valuation method as part of these proposals and will provide more detail on how this will work in due course.