Housing Revenue Accounts: Debts – Parliamentary Written Answer

Hilary Benn: To ask the Secretary of State for Communities and Local Government what assessment he has made of the potential effect of further council house sales on the ability of local authorities to service housing revenue account debt.

Andrew Stunell: The Government have made clear that in reinvigorating the right to buy the viability of the housing revenue account must be maintained. We have laid regulations before Parliament that permit local authorities to retain from receipts obtained from additional right to buy sales a sum sufficient to cover the debt on those properties.