Hundreds of people, including many who are elderly and in
poor health, face being kicked out of their homes in the run up to Christmas
after losing a test case – despite the judge saying they may have been the innocent
victims of fraud. All the tenants affected found themselves in this situation
after being persuaded several years ago to sell their homes to companies that
promised they could continue living in them. Many were in dire financial
straits at the time and were told that in return for selling their houses at
knockdown prices they would enjoy a discounted rent for life as well as other
potential benefits. But a judge at the supreme court, which has just ruled on
the case, said the former owners “may have been ... the victims of a fraud
which tricked them out of their homes” and added that criminal charges were
pending. Read more on the Guardian
website.
Across Europe, the financial sector has pushed up house prices. It's a
political timebomb | Tim White
-
We’ve been living in a great experiment: can finance provide basic human
rights such as housing? The answer is increasingly no
“The housing crisis is now...
14 hours ago
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