Summary from a career-related article

Right to buy: 10,000 homes sold since April 2012

This notice talk about the changes introduced by David Cameron to Margaret Thatcher’s principal plan scheme in April 2012. Thanks to this, 10,000 people had bought their own property. This effect was produced, specifically, because prime minister increased the discount cap to £75,000. In words of the Cameron:

"With over 10,000 people taking up the opportunity to buy their council home this year, the demand to make that step on to the housing ladder is clear. What is more, we're ploughing the additional money from right-to-buy sales straight back into building more affordable homes”.

Part of the money of the sells houses has been accumulated by the councils, which are built with these money new homes. And in this way, the councils are helping more and more hardworking people to buy somewhere to live and get on in life, said Cameron.

This increased in the discount cap respond to the fallen right-to-buy since 1998-99 to 2008-09 in a 26%. Kris Hopkins, the housing minister, said:

"For years the right to buy was allowed to wither on the vine, with ever-decreasing discounts leaving the prospect of home ownership out of reach for far too many social tenants. But our reinvigorated scheme has changed that (…)”

Notice: http://www.theguardian.com/money/2013/oct/10/right-to-buy-boom