Wednesday, 4 November 2015

Council Says Tenants Will Have No Right To Buy Homes

Tenants will not have the right to buy 2,000 planned council houses in east Cheshire, despite the government expanding its right-to-buy scheme. Cheshire East Council has announced a £200m project to enable more people on lower incomes to live in rural areas. The Tory council will not sell the homes so it can retain the stock for "really poor people we need to help". The Government said the scheme was "unacceptable" and "would not support" the council. It is hoped the cost of Cheshire East Council's scheme can be sourced from housing developers, by replacing their current obligation to build affordable homes, defined as housing with rent at least 20% below local market rates. The authority will create an arms-length company to run the homes. Read more on the BBC website.

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