One In Seven Council Homes Sold To Tenants On Housing Benefit Under Right To Buy

One in seven council homes sold through the Right to Buy since David Cameron hiked discounts in 2012 has been bought by a tenant on housing benefit. In order to secure a mortgage necessary to purchase a Right to Buy property, a tenant on housing benefit would need someone else to provide the finance. In most cases, this is likely to be family members looking for an easy route onto the housing ladder but it could also be lenders seeking to profit illegally. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/one-in-seven-council-homes-sold-to-tenants-on-housing-benefit-under-right-to-buy-63193?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60