Rent-to-mortgage plan
Rent-to-mortgage plan
- 1993
- Observer 17 October 1993, 16 Daily Telegraph 16 October 1993, B9(2) .
Building society representatives and the Council of Mortgage Lenders are not enthusiastic about the rent-to-mortgage scheme, pointing to difficulties tenants have experienced under the Right to Buy scheme; greater than expected maintenance costs; difficulties in reselling former council houses, and raising mortgages.
RENT-TO-MORTGAGE SCHEME
RIGHT TO BUY SCHEME
Building society representatives and the Council of Mortgage Lenders are not enthusiastic about the rent-to-mortgage scheme, pointing to difficulties tenants have experienced under the Right to Buy scheme; greater than expected maintenance costs; difficulties in reselling former council houses, and raising mortgages.
RENT-TO-MORTGAGE SCHEME
RIGHT TO BUY SCHEME