The Ministry of Defence (MoD) and the Defence Infrastructure Organisation have formally completed a landmark deal to bring 36,347 military houses back into public ownership. This acquisition, valued at £10.1 billion and purchased for just under £6 billion, terminates a £600,000 daily rental expense and allows for significant housing redevelopment. The impact on net financial debt is limited to £1.7 billion. The agreement facilitates accelerated construction of modern housing, with planning applications imminent for RAF Brize Norton and Catterick Garrison. A new military housing strategy is under development, focusing on accommodation renewal, homeownership opportunities for forces personnel, and optimal utilisation of MoD land. This deal effectively reverses the 1996 privatisation, which had resulted in an estimated £8 billion loss to taxpayers over time.