Right to buy scheme re-introduced

Conservative conference - Help for national builders to build more social housing, the re-introduction of right to buy scheme to help fund the new builds.

This week the Conservative government have re-introduced the Right-to-buy scheme to allow people in social housing to purchase their property at up to 50% discounted market value. The money raised from selling the social housing will help fund the building of new social housing and help the stagnant national building industry.

So the Government are prepared to sell off more social housing, just like when Margret Thatcher first introduced the Right to buy scheme in the 1970s. This does not help those first time buyers out there working hard to build a deposit so they can step onto the property ownership ladder. Do you think this is fair? Have your say, please leave your comments here.

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