Friday, 19 May 2017

Lib Dems Unveil 'Rent To Buy' Pledge For First Time Homeowners

Tens of thousands of young renters will be offered “rent to buy” deposit-free homes as part of a Liberal Democrat manifesto aimed at enticing a younger generation to back the party. The announcement is the flagship policy among a number of reforms aimed at attracting younger voters, also those most likely to be receptive to the party’s hard remain message and a promise of a referendum on the final Brexit deal to allow voters to opt to stay in the EU. Under the “rent to buy” pledge, young professionals and working families unable to afford a home would be able to buy their first home for the same cost as renting, with each monthly payment steadily buying a share in the home. Read more on the Guardian website.

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