May 28, 2015

The Queen’s Speech has implications for home-owners and landlords. From the BBC:

“Plans to  support home ownership and extend the right-to-buy scheme to 1.3 million social housing tenants in England feature in a new Housing Bill. Under the plans, housing association tenants will be able to buy the homes they rent at a discount. There will also be help for first-time buyers, with 200,000 starter homes made available to under-40s at a 20% discount. Both are commitments which were included in the Conservatives’ general election manifesto. The government says the bill will increase the housing supply and ensure local people have more control over planning.”

Full report at: