The end of Right to Buy
The 'Right to Buy' scheme (which gives tenants the right to buy their rented home at a discounted price) ended for council and housing association tenants in Scotland on 31 July 2016.
Ending Right to Buy will prevent the sale of 15,000 homes over a 10-year period. It will protect the existing stock of social rented homes, and ensure social landlords can help people who need social housing.
Funding - Housing Revenue Accounts (HRA)
Councils must maintain a dedicated housing revenue account for their housing stock and submit their accounts to Audit Scotland.
It summarises the legal basis for having a separate council landlord account and lists the accounting and auditing protocols which councils must adhere to.
This guidance reinforces the principles of the Scottish Housing Charter, and covers:
- the HRAs' role
- how it must work
- who the resources in it are meant to benefit
- what outcomes can be expected from those resources