Friday, 19 January 2018

Councillor Renting Out 10 Ex-Authority Homes In ‘Right To Buy To Let’ Capital

The council with the highest level of stock sold under the Right to Buy now in the private rented sector is Milton Keynes, with 70.9% of 1,609 flats sold under the policy in the hands of private landlords. Inside Housing has learned that John Bint, who has been a councillor since 2007, is likely to be receiving thousands of pounds a month in rent payments through buying the properties. A register of interests document for Mr Bint from June 2017 shows he owns 14 homes in Milton Keynes. Information obtained from the Land Registry indicates that 10 of these were owned by the council before being sold. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/councillor-in-right-to-buy-to-let-capital-renting-out-10-ex-authority-homes-54043?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60

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