UK Proposes 35-Year Minimum For Council Homes
The UK Secretary of State clarified that council home discounts will reach a maximum of 15%. The discount structure starts at 5% and increases based on the length of residency. Residents must live in the home for at least 10 years to qualify for the discount.
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Developing
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Sources · 7 independent
LBC London
“Secretary of State? It'll be 15% maximum. So people will still get a discount. So it starts at five, is that right? And it goes up depending on how long you've been there.”
LBC London
“Now that's great for the people that got the home, but it's terrible for those 170,000 families living in temporary accommodation that didn't have anywhere to go and live.”
LBC London
“we've opened up this pot of funding called the Social and Affordable Homes Programme, £39 billion with a B. That will be the biggest increase in social and council housing that we've seen in this country for a generation.”
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