OAPs enticed to buy flats
Language: English Series: Guardian ; 9/4/90 p4Publication details: 1990Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2615-23 (Browse shelf(Opens below)) | 1 | Available | 35945-1001 |
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.