Right To Buy - Number of Receipts by Local Authority

Published by:
Ministry of Housing, Communities and Local Government
Last updated:
26 February 2018
Topic:
Towns and cities
Licence:
Open Government Licence

Summary

Right to Buy Receipts

The figures include receipts arising from all sales included in the sales figures. Figures for a particular quarter may include receipts arising from a sale in another quarter, but do not include receipts arising from sales before 1 April 2012. These figures represent the total receipt that and authority receives from the sale of a property after the Right to Buy Discount. A portion of these receipts are reserved for costs incurred by authorities in administering the RTB scheme, paying off additional local authority housing debt, an amount for authorities to use for general capital purposes, a share required by HM Treasury, and (in a small number of cases) for buying back former council properties, the remainder of the receipts are for the funding of additional homes for affordable or social rent.

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Additional information

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Harvest GUID
http://opendatacommunities.org/data/housing-market/right-to-buy/receipts/letting
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