Right-to-buy discounts: Council tenants handed up to £75,000 to buy their home | Mail Online
Millions of council tenants will be helped to take up the right to buy their homes from today as David Cameron revives one of Margaret Thatcher’s most popular policies.
Discounts of up to £75,000 will be offered – four times the current deal on offer in London and treble the discount for residents in the rest of the country.
Home ownership for tenants of council and housing association properties has fallen in the past two decades as the discounts on offer fell and house prices surged.
Labour failed to embrace the policy during its 13 years in power and started to reduce the value of the deals.
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