The average age of tenants buying their homes through the
Right to Buy pilots is more than 50, housing associations have revealed. At the National Housing Federation (NHF)
Affordable Home Ownership conference in London, Sovereign and Riverside – two
of five landlords piloting the Right to Buy extension to housing association
tenants – revealed some findings from the pilots. Riverside said the average age of tenants
applying to buy their home in Riverside’s pilot is 53. The tenants purchasing
homes had average incomes of just under £20,000 and savings of close to
£15,000. Average selling price in the Merseyside pilot Riverside operates is
£94,000. Read more on Inside Housing.
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