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<p>The table below answers the noble Lady's question:</p><p> </p><table><tbody><tr><td><p>Financial
Year</p></td><td><p>Receipts arising in that year<sup>1</sup> from Right to Buy sales
(or equivalents)<sup>2</sup> which are payable to HM Treasury (£ million)<sup>3</sup></p></td></tr><tr><td><p>2010-2011<sup>4</sup></p></td><td><p><strong>114.4</strong></p></td></tr><tr><td><p>2011-2012</p></td><td><p><strong>138.9</strong></p></td></tr><tr><td><p>2012-2013</p></td><td><p><strong>123.6</strong></p></td></tr><tr><td><p>April
2013-December 2014</p></td><td><p><strong>120.8<sup>5</sup></strong></p></td></tr></tbody></table><p>Notes</p><p><sup>1
</sup>Figures include the payable part of mortgage repayments and repayments of discounts
paid in the current year in respect of Right to Buy sales made in previous years.</p><p><sup>2
</sup>For 2010-2011 and 2011-2012, figures include the payable part of receipts arising
from all other disposals of dwellings. For 2012-2013 and 2013-2014, figures only include
receipts arising from sales of dwellings to secure tenants which are below market
value and some shared ownership sales.</p><p><sup>3</sup> All figures are provisional,
though those for all years up to 2012-2013 have been audited which means that they
are less likely to be amended.</p><p><sup>4</sup> Until the end of 2010-2011, receipts
received by authorities which were debt-free on 31 March 2004 were payable not to
HM Treasury but to the Department of Communities and Local Government and its predecessor
departments.</p><p><sup>5</sup> The figure for 2013-2014 is only for the first three
quarters of that year.</p><p>For 2009-2010, receipts arising from the sale of dwellings
received by local authorities that were not debt-free that were paid to HM Treasury
amounted to <strong>£132.7 million</strong>. For 2008-2009, the equivalent figure
was <strong>£135.9 million</strong>.</p><p>The reinvigoration of Right to Buy since
April 2012 has ensured, for the first time ever, that the receipts from the additional
sales (those over what was forecast prior to the change) are reinvested to help fund
new homes for affordable rent. So far, £300 million has been generated from additional
sales and already over 2,000 homes have been started on site or acquired.</p><p> </p>
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