The page draws together information on the scheme from a number of sources as well as providing a forum for the public to comment and Like - attracting around 250 Likes in its first day.
Housing Minister Grant Shapps said:
"Years of punitive limitations on the level of discounts under Right to Buy have sabotaged the aspirations of hardworking council tenants who want to take their first step on the property ladder.The government has promised that the additional homes sold under the revamped scheme will be replaced by new properties for affordable rent, ensuring there is no reduction in the number of affordable homes.
"This Government wants to help everyone achieve their aspirations - so I'm delighted to announce that from today these miserly restrictions on discounts are history, and tenants will once again receive genuine assistance to feel the pride of home ownership."
Yet the policy advisor for ARCH, the body that represents councils with housing, says:
"It looks very difficult for most councils to do one-for-one replacement.
"Receipts after the discount will not be sufficient to deliver 30 per cent of [the cost of building] a replacement in any area we have looked at. They just don't seem to add up."