Third of Ex-Council Homes Now Owned By Rich Landlords

The multi-millionaire son of a Tory minister who presided over the controversial “right-to -buy” scheme is a buy-to-let landlord owning scores of former council flats.  A Daily Mirror investigation found a third of ex-council homes sold in the 1980s under Margaret Thatcher were now owned by private landlords.  In one London borough almost half of ex-council properties are now sub-let to tenants. Tycoon Charles Gow and his wife own at least 40 ex-council flats on one South London estate. His father Ian Gow was one of Mrs Thatcher’s top aides and was Housing Minister during the peak years of right-to-buy.  Read more on the Daily Mirror website.