Thursday, 14 August 2014

Council Spending £500,000 Renting Back Homes Flogged Off Under Right to Buy

Harrow Council is paying nearly £500,000 a year renting back homes it used to own – a situation denounced as “utterly ludicrous” by the borough’s housing chief. The council has revealed it is leasing 35 properties sold under the right to buy (RTB) scheme, with landlords being paid up to £350 a week for a four-bed property. It means that Harrow people are effectively paying hundreds of thousands of pounds a year to put tenants into houses the authority was forced to sell. Read more on 24dash.

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