William Eichler 09 October 2018

Councils call for extension on time limit for all Right to Buy receipts

Councils call for extension on time limit for all Right to Buy receipts image

District councils have urged the Government to extend the time limit for spending Right to Buy receipts for both existing and future receipts.

Under the current system, local authorities have five years to spend their existing Right to Buy receipts. However, they still only have three years in which to spend future receipts.

The District Councils’ Network (DCN) argued in a submission to the Government on the use of receipts from Right to Buy sales that having two different time limits for receipts that are used for the same purpose - house building - is ‘illogical’.

‘We support the time limit for spending existing Right to Buy receipts being extended from three years to five years so that councils can maximise the benefits of the housing borrowing cap being scrapped, to build much needed homes in their local areas,’ said Cllr Sharon Taylor, the DCN finance lead.

‘However, this proposal must be extended to the use of future receipts so that councils can ensure that they achieve best value. There is no logical reason why future receipts should be subject to a shorter time frame compared to existing receipts.’

DCN also said that for particularly complex and high value regeneration schemes, there should be a limit of seven years to avoid deterring major housing delivery projects.

They added the 30% cap on Right to Buy contributions should be increased to 100% to allow councils to play ‘a full part in delivering the Government’s ambitions for social housing.’

SIGN UP
For your free daily news bulletin
Highways jobs

Senior Accountant x2

Islington London Borough Council
£39,462 - £45,594 per annum
There are two roles currently being advertised, one working with our Resources finance team, and one with our Housing and Public Health finance team. Islington, London (Greater)
Recuriter: Islington London Borough Council

Programme Director – Fisheries

Falkland Islands Government
£50,771 up to £56,292
The Programme Director – Fisheries will support the Director of Natural Resources Falkland Islands (FK)
Recuriter: Falkland Islands Government

Principal Engineer/Team Leader Street Works

Bath & North East Somerset Council
£39,880 - £42,821 pa
The Council’s Street Works Team is responsible for managing all aspects of road works and events that take place on our highway network. Keynsham, Bristol
Recuriter: Bath & North East Somerset Council

Social Worker / Advanced Practitioner – Children & Families Service

North Yorkshire County Council
£30,451 - £39,880 per annum pro rata + relocation support
North Yorkshire County Council have a national reputation for excellence. Skipton, North Yorkshire
Recuriter: North Yorkshire County Council

Senior Technician - Asset Management - Highways & Flood Risk

West Berkshire Council
£23,541 to £29,577 per annum (Grade G)
We are currently looking to recruit to two exciting opportunities who will join us and play a role in improving West Berkshire’s highways. Newbury, Berkshire
Recuriter: West Berkshire Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue