| answer text |
<p>(a) Only since 01 April 2012 has a portion of Right to Buy receipts been calculated
as being retainable by the local authority if a sufficient level of expenditure on
replacement social housing is incurred.</p><p>(b) Table includes the 167 local housing
authorities which on 01 April 2013 owned a substantial amount of housing stock.</p><p>(c)
All figures in the Table are provisional and are subject to change as a result of
assurance and reconciliation exercises.</p><p>(d) All local housing authorities may
also, subject to conditions, fund new council housing from: (i) other portions of
their Right to Buy receipts which they may retain, (ii) other housing capital receipts,
and (iii) capital receipts arising from the disposal of other assets.</p><p>(e) Where
an authority’s portion is indicated as zero, it means that there are no Right to Buy
receipts remaining after other costs have been met.</p><p>The attached table shows
the portion of receipts arising from Right to Buy sales received by each local authority
in each full financial year since 2012-2013 which is retainable for the purposes of
providing replacement social housing.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p>
</p><p> </p><p> </p><p> </p><p> </p><p> </p>
|
|
