Since the Voluntary Right to Buy (VRTB) agreement was reached in 2015, the government has set up two pilot schemes to help test how it will work in practice, and ensure a smooth experience for tenants.
Eligible tenants living in the pilot regions have been able to go through the process of buying their own home, with a discount paid for by the government. An initial pilot was carried out in 2016, and a second pilot launched in the Midlands in summer 2018.
This was launched in August 2018, following the government’s announcement in the 2016 Autumn Statement of £200m funding for a new regional pilot.
The pilot will last for two years and will test two critical pillars of the original agreement:
The Midlands pilot will also test the application of the VRTB guidance, which is the policy that details how the scheme will operate. This policy has been jointly designed by housing associations, the NHF and the government.
Our member briefing provides a useful summary of this guidance.
The Midlands was chosen by the government because it has a good mixture of different communities, types of homes and operating markets, making it a good testing area for the above aspects.
Prior to the Midlands pilot, five housing associations were invited by the government to take part in a pilot scheme in January 2016. These housing associations were:
In collaboration with the pilot associations, we commissioned the Centre for Regional Economic and Social Research to conduct research into lessons learned from the pilots.
These learnings have been shared through a series of blogs, and a detailed research report.Read about the Voluntary Right to Buy principles