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Greenwich Council: Now they're paying for people's mortgage deposits after allocating £65m to buying market homes

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Greenwich Council must be one of the iffiest around. How many schemes they draw up to push up prices is amazing. It's apparently a "Labour" council in London with a dire shortage of truly affordable homes.

Yet they are going to pay mortgage deposits using taxpayers money. 

http://www.fromthemurkydepths.co.uk/2018/01/30/greenwich-council-now-using-taxpayer-money-to-pay-mortgage-deposits/

It wasn't enough deciding to spend at least £65 million on buying homes off the market instead of using money to build outright.

http://www.fromthemurkydepths.co.uk/2018/01/18/greenwich-council-spending-65-million-buying-more-private-homes/

 

Edited by sf-02

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Why don't you forward this to some of the journalists / investigative areas that people mention on here (PrivateEye etc)? Seems way outside of the remit of a council.

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  • 406 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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