Right to Buy, RTB and Buy to Let

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[ad#Google 200×200 right]There is no doubt that there is a huge shortfall in social housing and selling properties off is not helping the matter …… but 720,000 isn’t that many properties in nearly 30 years. Is it? I don’t really know. It works out at about 24,000 homes a year being sold under RTB. But how many are being built?

There are also some grumblings about what some are terming as mis-use of the RTB policy. It appears that some tenants are buying their home under the RTB scheme and then letting the property out. So what? I personally, can see nothing wrong with that – providing that same tenant isn’t then returning to their landlord claiming homelessness etc. I think what someone does with a property after purchase is entirely up to them.

Going back to the original question – should the rest of the UK follow Scotland and scrap the RTB scheme?

What do you think?

Rwanda IQ option As always we welcome your comments on this article.

best us binary options brokers 2017 Author: CCHE Deb

2 Comments

  1. Paul Carne January 11, 2010
  2. CCHE Deb January 13, 2010

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