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.
Updates to this page
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The guidance has been updated to include further flexibilities announced by the government on 2 July 2025.
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The guidance has been updated to include the increased flexibilities on the use of Right to Buy receipts which were announced by the government on 30 July 2024.
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The updated guidance includes the provision that authorities may retain their Treasury share for the 2 financial years 2022-23 and 2023-24 (paragraph 13) and the acquisition cap has been frozen at 50% for a further 2 years (paragraph 35).
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First published.