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Half price house from daddy state and he pays thee mortgage!


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http://www.insidehousing.co.uk/tenancies/warning-over-right-to-buy-risk/6520718.article

 

A high proportion of homeowners who were bailed out by the government’s mortgage rescue scheme in the north of England bought their homes under the right to buy.

 

Figures from housing associations that run the scheme, which launched in 2009, reveal a major north-south divide, with some areas seeing as many as 50 per cent of all mortgage rescue applications for right to buy properties.

 

The revelation has prompted fears that the move to reinvigorate the 1980s policy could lead to a fresh round of financial problems as up to 100,000 tenants attempt to capitalise on increased discounts of up to 70 per cent.

 

Not only does daddy state give you a half price house, it will also pay your mortgage.

 

It is Right to buy, with SMI

 

And thy expects the youth to pay half their wages to live in a HMO?

 

Complete joke.

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