Capital Funding Guide: Administrative Allowances 2008-2011
When disposing of property under New Build Homebuy; Social Homebuy - or other Voluntary or Statutory schemes RSLs may deduct the following administrative allowances when calculating sums to be credited to the Recycled Capital Grant Fund or Disposal Proceeds Fund.
Further guidance on calculating sums to be credited to the RCGF or DPF can be found in the Corporation’s Capital Funding Guide, Recycled Capital Grant Fund and Disposal Proceeds Fund chapters.
| Property disposal deductible administrative allowances | |
|---|---|
| Staircasing sales | £449 |
| Right to Buy sales (house) | £701 |
| Right to Buy sales (flat) | £1,576 |
|
Voluntary and Statutory Purchase Grants (house) e.g. RTA and SHB |
£701 |
| Voluntary and Statutory Purchase Grants (flat) e.g. RTA and SHB | £1,576 |
