Mark Conrad 22 March 2021

Councils to be given five years to spend Right to Buy receipts

Councils to be given five years to spend Right to Buy receipts image

Councils will be given five years to spend receipts from Right to Buy sales as part of an overhaul of the key housing policy, local government secretary Robert Jenrick has announced.

The Ministry of Housing, Communities and Local Government belatedly published its response to a 2018 consultation on Right to Buy (RtB) over the weekend.

In a letter sent to council chief executives and leaders at authorities with housing stock, Mr Jenrick said he had listened to authorities concerned about the short period of time in which they must spend RtB receipts, which had been just three years.

Some councils had complained that the short timeframe left them little time to plan and execute time-consuming housing programmes.

Ministers have agreed to back-date the policy so that receipts raised in 2017-18 can be spent within the new five-year window.

But Mr Jenrick confirmed that the Government will not scrap the one-for-one RtB replacement commitment.

In his letter, Mr Jenrick wrote: ‘This set of reforms, combined with the abolition of the borrowing cap in 2018, give authorities substantially increased flexibilities to build the homes the country needs.’

Chairman of the Local Government Association, Cllr James Jamieson, said: ‘Extending the time limit for spending RtB receipts and increasing the proportion of a new homes that councils can fund using receipts will boost councils’ ability to build desperately-needed affordable housing for local communities.’

Skate parks are not the only fruit image

Skate parks are not the only fruit

On Go Skateboarding Day, Susannah Walker asks councils and their leisure and park departments to think differently about what facilities they provide for teenagers.
SIGN UP
For your free daily news bulletin
Highways jobs

Social Worker - Adult Social Care (CLDT)

Bolton Council
£31,895
This is a permanent Social Work role in Adult Social Care. Bolton, Greater Manchester
Recuriter: Bolton Council

Principal Programme Officer

Bolton Council
£35,336
Do you enjoy variety and change? Can you keep your eye on the detail whilst also thinking strategically? Bolton, Greater Manchester
Recuriter: Bolton Council

IDT Junior Developer

Telford & Wrekin Council
£28,226 - £30,095
Telford & Wrekin Council are seeking an enthusiastic and highly motivated Junior Developer. Telford, Shropshire
Recuriter: Telford & Wrekin Council

Activities Leader (Outdoor Adventurous Activities)

Leicestershire County Council
£20,856
Lead activities and ensure that delivery of programmes are of a high standard. Leicester, Leicestershire
Recuriter: Leicestershire County Council

Transition Support Worker (Complex Needs)

Leicestershire County Council
£19,701
This is an exciting opportunity for to work with an experienced team delivering high quality learning opportunities and care. Leicester, Leicestershire
Recuriter: Leicestershire County Council

Partner Content

Circular highways is a necessity not an aspiration – and it’s within our grasp

Shell is helping power the journey towards a circular paving industry with Shell Bitumen LT R, a new product for roads that uses plastics destined for landfill as part of the additives to make the bitumen.

Support from Effective Energy Group for Local Authorities to Deliver £430m Sustainable Warmth Funded Energy Efficiency Projects

Effective Energy Group is now offering its support to the 40 Local Authorities who have received a share of the £430m to deliver their projects on the ground by surveying properties and installing measures.

Pay.UK – the next step in Bacs’ evolution

Dougie Belmore explains how one of the main interfaces between you and Bacs is about to change.