Wednesday, 6 May 2015

Tory Council Spends £90m Buying Back the SAME Flats It Sold Off Under Right to Buy

Westminster City Council was notorious for a huge Right to Buy scandal in the 1980s, when Tory leader Dame Shirley Porter was found to have sold off council homes to likely Tory voters. The cost to the taxpayer at the time was roughly £27 million. Now, to tackle its crisis in affordable housing, the council has set up a charitable company called Westminster Community Homes. The company has spent £90.74 million buying back 295 ex-council homes, at an average cost of £307,593. A Mirror investigation has found that the prices being paid to buy back the homes are up to 22 times more than they were sold for. Read more on the Daily Mirror website.

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