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Rent-to-mortgage plan

Language: English Series: Observer ; 17 October 1993, 16 | Daily Telegraph ; 16 October 1993, B9(2)Publication details: 1993Subject(s): Summary: 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.

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.