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Capital Funding Guide: revision history

October 8 2004

  • The Key Worker Living chapter (KWL.pdf) has been revised to update the Key Worker Shared Ownership Flat lease.

October 1 2004

 

Key Worker Living Programme

  • The Shared Ownership and Intermediate Rent sections of this chapter are now available. Also included are samples of both house and flat leases for use with the keyworker living programme. Please note these leases do not apply to traditional shared ownership programmes.
  • Paragraph 9.2 of KWL-2 has been corrected to show that the Corporation is not expecting to recover Homebuy surpluses from the 2004/5 and 2005/6 programmes.

General

  • GENERAL-1 para 5.10 has been expanded to include reference to the Corporation's new Regeneration policy.

Transfer of Properties

  • The procedures governing the transfer of properties have been revised together with revisions to form TOP1, now known as TOP1 (R). Details can be found in GENERAL-3, paragraphs 10.3 etc.

Scheme Processing

  • Section 2 of the General Chapter relating to scheme processing is still under consideration. Meanwhile associations should direct any questions to the Programme Manager at the Corporation's office at Maple House.

Sale

  • SALE-9 has been updated to provide clarification in respect Stamp Duty Land Tax.

Homebuy

  • Following the revised definition of qualifying lending institutions contained in the July 04 version of the guide, a number of the sample letters at HOMBUY-7 have been updated to reflect the new definition.

VPG

  • VPG-5 now explains that RSLs should submit their claims within 6 months of the date the property is sold.

RTA

  • RTA-4, para 11.1 now explains that RSLs should submit their claims within 6 months of the date the property is sold.

Repair

  • DEN3 applications are now extremely rare, if not non-existent, and the reference at REPAIR-2 paragraph 5.15 has been removed. Users should refer to previous versions of the guide for information.

Partnering Programme

  • PP-3 paragraph 1.2 now includes an explanation regarding Other Public Subsidy in relation to scheme processing.