Wednesday, 13 June 2012

Council Agrees Downsizing Pot

Richmond Council has agreed a pot of £150,000 to offer tenants a cash incentive to downsize after their children have left home.  The cabinet decided to put the cash towards its Sponsored Moves scheme, which is already up and running and has so far made more than 200 family-sized homes available.  It awards tenants who move to a smaller property £2,500 for every bedroom they lose as a result of the move, up to a maximum of £7,500.  The council may also provide help with the cost of removals and redecoration.  Read more on the Richmond Council website.

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