Submitted on Sunday 4th May 2014
Published on Tuesday 6th May 2014
Current status: Closed
Closed: Monday 30th March 2015
Signatures: 4
right to buy equil discounts for housing associations
Under the right to buy, council housing tenants can purchase their homes with a discount of up to 75k. But for housing association residents, the scheme applies only to those with secure tenancies started before 1989. The maximum discount that housing associations can get is 16k, some as low as 9k.I think first time buyers keep the housing markets moving, also give tenants on low income a nest egg for the future when state pensions as they will own a real tangible asset that could also have growth potential.
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