Wednesday, 16 May 2012

Tenants ‘Delighted’ With New Right to Buy

Wandsworth council says more than 1,000 council tenants have made enquiries about buying their homes from the council since the Government officially re-launched the Right to Buy.  The revamped scheme offers council tenants a discount of up to £75,000 on the purchase price of their home. Previously, the maximum discount in London had been capped at £16,000.  Since the scheme was relaunched the council says that more than 1,000 enquiries have flooded in and the number of full applications has more than doubled. It said that so far, the average discount offered to eligible Wandsworth council tenants is £72,000.  Read more on the Wandsworth Council website.

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