OAPs enticed to buy flats
OAPs enticed to buy flats
- 1990
- Guardian 9/4/90 p4 .
Property speculators are offering to buy the council flats of pensioners under the right to buy scheme and let them live rent-free, on the condition that when they die the flat is bequeathed to the speculator. This practice uses a legal loophole allowing speculators to contractually control the property without directly owning it.
COUNCIL HOUSING
Property speculators are offering to buy the council flats of pensioners under the right to buy scheme and let them live rent-free, on the condition that when they die the flat is bequeathed to the speculator. This practice uses a legal loophole allowing speculators to contractually control the property without directly owning it.
COUNCIL HOUSING