Tenants have received discounts of nearly £5bn to help
purchase their council home under Right to Buy (RTB) since the size of the
discount was increased in April 2012, new analysis by the Local Government
Association (LGA) reveals. The LGA warns the scheme faces an uncertain future
unless councils are given the flexibility to set discounts locally and retain
100% of sales receipts to fund replacement homes. The national RTB discount,
set by government, currently averages 42% of market value. Since the Government
increased the size of the RTB discount in April 2012, the average discount on a
property has increased by 137% to more than £63,000. Read more on the LGA
website.
Baby found dead at Wagga beach homeless encampment as mother and another
infant taken to hospital
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Police say ‘no suspicious circumstances’ while local councillor argues
‘tragedy’ shows housing crisis has gotten out of hand in regional Australia
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20 hours ago

