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03/99 Right to Buy - changes to discount and Cost Floor

Informs registered social landlords of amendments to the cash discount limits on Right to Buy, Preserved Right to Buy and voluntary sales by registered social landlords and local authorities; extends the Right to Buy Cost Floor from eight to ten years and introduces the inclusion of repair and maintenance costs in excess of £5,500 over this extended period.
28 Feb 1999

This Circular Is For The Attention Of:

  • Registered Social Landlords; less than 250 properties
  • Registered Co-ownership Societies
  • Local Authorities
  • Registered Social Landlords' Auditors

Relevant Legislation:
  • The Housing (Right to Buy) (Limits on Discount) Order 1998, SI 1998 2997.
  • The Housing (Right to Buy) (Cost Floor) (England) Determination 1998


03-99.pdf (195 Kb)
 
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