Threads / Local Government Finance Settlement / Local authorities capital finance regulations
Consultation Outcome Published 17 Oct 2017 Ministry of Housing, Communities and Local Government ↗ View on GOV.UK

Local authorities capital finance regulations

Consultation on the formula for the calculation of local authorities’ Right to Buy receipts to be paid to HM Treasury.

Opened 9 Feb 2017
Closed 3 Mar 2017
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Local housing authorities are required to pay HM Treasury a share of the receipts arising from the sales of their homes made under Right to Buy. The formula for calculating this expires on 31 March this year.

This technical consultation proposes that receipts paid to HM Treasury for a further 4 years are calculated essentially on the same principles as previous years.