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Capital Funding Guide: Administrative Allowances 2006-08

When disposing of property under New Build Homebuy, Social Homebuy, or other Voluntary or Statutory schemes RSLs may deduct the following administrative allowances when calculating sums to be credited to the Recycled Capital Grant Fund or Disposal Proceeds Fund.

Further guidance on calculating sums to be credited to the RCGF or DPF can be found in the Corporation’s Capital Funding Guide, Recycled Capital Grant Fund and Disposal Proceeds Fund chapters.

Property disposal deductible administrative allowances
Staircasing sales £449
Right to Buy sales (house) £701
Right to Buy sales (flat) £1,576
Voluntary and Statutory Purchase Grants (house) £701
Voluntary and Statutory Purchase Grants (flat) £1,576

 

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