
Capital Funding Guide: revision history
October 2005
REC
- An entry at REC-3 para 8.2 etc details how to recycle grant and equity loan repayments in respect of ADP New Build Homebuy.
DPF
- DPF-1 para 4 has been amended to reflect the Housing Act 2004 provision that the repayment of RTA or VPG discounts is required if re-sales occur within five years.
HOMEBUY
- Guidance on ADP New Build Homebuy has now been added, see HOMEBUY-1 para 1.7, HOMEBUY-3 para 4.5, HOMEBUY-5 para 1.6 and 4.1 etc.
- Owners are now able to utilise a percentage of any increase in the value of their property to increase their borrowing to finance repairs or improvements. HOMEBUY-6 para 1 etc has been revised accordingly.
- When producing publicity material for Homebuy, RSLs are required to make it clear that where it includes examples of loan repayments that they are for illustrative purposes only. The sample legal charge at HOMEBUY-7 and the sample Statement at HOMEBUY-8 para 9.1 have been amended accordingly.
RTA
- New RTA-1 para 3.2 advises landlords of the requirement of Statutory Instrument 1735 to provide information to tenants in relation to RTA and its associated costs.
- RTA-4, para 10 etc now provides information relating to the suspension of RTA claims as a result of anti-social behaviour. Other entries have been revised accordingly: RTA-2, para 4.1; RTA-4, para 3.1 and 10.8.
KWL
- Police Community Support Officers has been added to Thames Valley and Essex Police as an eligible keyworker.
- Eligibility criteria for British Transport Police has been widened and will now also include Community Support Officers, please refer to Annex B for current details.
County Council provision of nursing care
- Some County Councils are to provide nursing care in new facilities, which will be run and managed by the Councils; they will not be hospitals. Nurses directly employed by Local Authorities to provide nursing care at these new facilities can be assisted in the same way as those nurses employed in the National Health Service.
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