Tuesday, September 21, 2010

Tories refuse a moratorium on RTB

'Right to buy' scheme puts coalition at loggerheads

"The right to buy has given many households access to home ownership but not to better places. The buyers were social renters to begin with, and for a reason. They have less money than most people, find it harder to get a mortgage and now cannot attract buyers for ex-council homes which are unpopular," van Ham says. Interesting article all-round; particularly enjoyed seeing the Lewisham couple's anecdote again - that one (along with a few other questionable sub-prime candidates) did the rounds a a year or so ago.

Posted by sibley's b'stard child @ 11:56 AM (1129 views)
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4 thoughts on “Tories refuse a moratorium on RTB

  • sibley's b'stard child says:

    http://news.bbc.co.uk/1/hi/business/7680498.stm

    Aha, managed to find it!

    What the Guardian article failed to mention was:

    “We had to pay interest at 9.8%, which I was advised was the best I could get at the time because of credit problems, as neither my wife nor I were working”.

    Genius.

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  • In one of the first official parliamentary sessions of the new Government, Simon Hughes was deferred to, as a senior member of the new coalition. His immediate question was on the subject of affordable Housing. Now the Liberal Democrat Deputy Leader, he’s one of the very few frontline MP’s battling the corner for present and future generations re: Housing. Tough and adroit, he’s a man to be respected as a Politician. If any real fairness and common sense can be garnered from policy (in the basic need of keeping a roof over your head) this is probably where it will come from – and he’s on the Government benches.

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  • Im not sure I understand this.

    Surely, Council houses were sold to council tenants. They were not sold to others who were looking for a house, therefore NOBODY moved into the market ahead of anyone else.

    So why are people saying it was a bad idea again?

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  • Around my way (Bournemouth) sellers are pricing their council houses at the same price as any other non-council house. Personally I wouldnt buy one as I resent the fact that they only paid around £5000 for them and now expect the full market price!!

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