Two months after the Chancellor George Osborne announced
the voluntary Right to Buy pilot in his Comprehensive Spending Review, five
housing associations have opened applications to test the scheme across
England. Tenants renting homes from Riverside, L&Q, Thames Valley, Saffron
and Sovereign in particular local authorities will be able to apply to purchase
their homes at a discount through the voluntary Right to Buy pilot. Successful
applicants will need to meet specific criteria, including having been a tenant
of a housing association or council for 10 years or more. There will be a
limited number of sales under the pilot which will be allocated on a first come
first served basis to tenants. Read more on 24dash.
Eight in 10 homes in London’s poshest postcodes now sell below asking
price, Coutts finds
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Sellers in areas such as Belgravia and Mayfair face hundreds of thousands
of pounds in losses as property prices fall
Eight out of 10 properties in Londo...
9 hours ago

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