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Guidance

Retained Right to Buy receipts and their use for replacement supply: guidance

This document provides guidance on how local authorities can use the money raised from Right to Buy sales (“Right to Buy receipts”) to deliver replacement homes.

Applies to England

Documents

Details

This guidance incorporates the changes to the Right to Buy (RTB) pooling system that have happened since 1 April 2021. It takes account of the amended terms of the Retention Agreements to be concluded between the Secretary of State and authorities under section 11(6) of the Local Government Act 2003 to enable them to retain RTB receipts, and the subsequent amendments to the Local Authorities (Capital Finance and Accounting) Regulations 2003.

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