Shapps to Look At Giving Tenants Free Equity Stakes in Social Housing

Housing minister Grant Shapps has agreed to look at plans to give working tenants a free equity share in their property - which could be cashed in when those tenants leave the social rented sector. The call came from Conservative MP for Harlow Robert Halfon in a debate on social housing in Wesminster Hall. He cited the “Breakthrough Britain” report, by the Centre for Social Justice, which called for social tenants who work, or who make a genuine effort to find work, to be rewarded with increasingly larger equity stakes in their home. Read more on 24dash.