A Conservative council hopes to scrap the Right to Buy
policy and replace it with a scheme to allow tenants to “earn” a deposit to buy
a house. The Earn Your Deposit Scheme could be offered to all 400 tenants of
Woking Council’s company, Thameswey Housing, if it is approved by the council.
It is aimed at young people looking to buy their first home. However, a
spokesperson for the Ministry for Housing, Communities and Local Government
poured cold-water on the plans.The spokesperson said: “No negotiations on
changes to Right to Buy are taking place between Woking and the government and
none are currently planned.” Read more
on Inside Housing.
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