Wednesday, 10 June 2015

Tenants on £100k May Get ‘Right to Buy’ Discount

Thousands of people earning as much as £100,000 a year could qualify for six-figure discounts funded by the taxpayer under David Cameron’s controversial new right to buy plans. Government data show that significant numbers of housing association tenants on four times the average salary will qualify for the £104,000 London discount.  Critics said the disclosure made a mockery of Mr Cameron’s vow to help “working people” enjoy the dream of home ownership and one senior London Tory MP urged ministers to “iron out its obvious iniquities”. Government data show that there are 21,000 households in social properties, including council and housing association homes, who have incomes higher than £60,000. Read more on the Evening Standard website.

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