Property News · September 4, 2016

'Living Rent' should be central to Tory housing policy, says thinktank


Thinktank Renewal proposes a ‘living rent’ for low wage workers and the option to purchase a home after two years of rentingTheresa May should oversee a huge revival of government-funded housebuilding by constructing 75,000 homes a year for rent by low-paid workers, an influential Tory thinktank has said.Under the proposals from Renewal, after two years of paying a “living rent” – no more than a third of the average low pay in a local authority – occupiers would have the option of buying their home. Continue reading…

Source : theguardian.com
Read more…‘Living Rent’ should be central to Tory housing policy, says thinktank

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