To add a discount percentage rate to a right to buy scheme parameter

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The procedure to add a discount percentage rate to a right to buy scheme parameter is as follows:

  1. Navigate to Quick Menu > Home Buy > Configuration > Home Buy Discount Percentage. The Home Buy Discount Percentage Configuration window is displayed.
  2. Expand a company subheading from within the nested Right To Buy classification structure and select an associated discount percentage from the alphabetical list (or enter its name into the Search Discount Percentage field). By default the list is filtered to show Current discounts. An alternative filter can be applied using the Select view drop-down field: Expired, Future or All combinations 1.
  3. Click on Percentage. The Percentage tab is activated.
  4. Click on New Percentage. The Percentage window is displayed.
  5. Using the Asset type drop-down field, multi-select all parameter values to which this new discount percentage rate is applicable, or choose the All option, as required 1.
  6. Enter the base level discount percentage applicable to the right to buy scheme into the RTB starting discount % field provided. The Up and Down arrows are available to increment or decrement the value, as required.
  7. Enter the upper percentage threshold applicable to the right to buy scheme into the RTB maximum discount % field provided. The Up and Down arrows are available to increment or decrement the value, as required.
  8. Enter the overriding cash limit applicable to the right to buy scheme, irrespective of the percentage rate in operation, into the RTB maximum discount cash value field provided. The Up and Down arrows are available to increment or decrement the value, as required.
  9. Enter the annual percentage increment applicable to the right to buy scheme into the RTB additional discount % (per year) field provided. The Up and Down arrows are available to increment or decrement the value, as required.
  10. Choose an Effective from date for this discount percentage rate i.e. the date on which it came into effect 2.
  11. Choose an Effective to date if the discount percentage rate is to be reviewed on a specific date or to capture a change of circumstances; a blank field means the rate will be continually valid.
  12. Click on Confirm. The discount percentage rate is displayed in the Percentage summary table.
  13. Repeat steps 4 through 12 to add further percentage rates to the discount parameter 3.
  14. Click on Save 4.


Tip

1 Where only a small number of parameter values are not required, activate the All tick box first and then de-select individual items from the full list, as required; the All tick box will be automatically removed once an item is de-selected.

Note

1 The Search Discount Percentage field will match against any element of the parameter description.

2 The Effective from date defaults to the current system date and cannot be left blank.

3 System validation rules ensure that each asset type can only be linked once to a discount percentage rate within the same effective period.

4 To amend the details of an existing discount percentage rate, double-click on the desired row in the Percentage summary table and repeat steps 5 through 14.


See related topics...

System parameters overview

To define a discount parameter for a home buy scheme

To add a discount percentage rate to a social home buy scheme parameter

To add a discount percentage rate to a right to acquire scheme parameter