Typical Labour. I’m alright Jack…..

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Shared ownership converts to full ownership when the staircasing ends, withthis idea the property transfers back to tne Council. Im not convinced that would appeal to renters who would have no incentive to make money on it to sell at full market value. It would have to be via a long lease so tne Council could protect its asset if for example it was usedas a crack den or unauthorised works carried out.

Apart from in the example I gave. You could even give the renter a chance to buy out the discount within 10 years at the original value and pay nothing back at the end.

Probably wouldn’t work where prices are low.
 
Thatcher ring fenced the money from selling off council houses…..and forced councils to hand over the money so she could use to bribe voters with tax cuts
I thought the money raised from the sale of council houses was supposed to be used to build more council houses.
Didnt Thatcher say that.
 
I thought the money raised from the sale of council houses was supposed to be used to build more council houses.
Didnt Thatcher say that.

I understood the basic idea, was to limit councils continuing being landlords/a social housing provider?
 
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Oh, well let’s just sell them all off and do nothing, eh?
No I was just pointing out a factor that has to be considered that will get worse the longer the tenant remains there. Essential maintenance needs to be ensured as well.

Having lived amongst them another type of person can crop up. Could afford a mortgage but do not want one. At the time these had no interest at all in owning a house.They saw it as a mugs game.
 
No I was just pointing out a factor that has to be considered that will get worse the longer the tenant remains there. Essential maintenance needs to be ensured as well

The house will be worth less then, so the owner will be shafting themselves of the RTB advantage they'd taken.


Having lived amongst them another type of person can crop up. Could afford a mortgage but do not want one. At the time these had no interest at all in owning a house.They saw it as a mugs game.

Hardly the ones who would be using RTB then :rolleyes:
 
No I was just pointing out a factor that has to be considered that will get worse the longer the tenant remains there. Essential maintenance needs to be ensured as well.

That would be a very wrong sort of character, to even consider buying their own property. Maintenance and repairs, are a constant, ongoing task, always something needs doing
Could afford a mortgage but do not want one. At the time these had no interest at all in owning a house.

Some people just don't want any responsibility, for their own welfare.

They saw it as a mugs game.

Much depends on the property itself. I was instrumental, in helping to persuade a friend and neighbour to buy their home, which I grew to slightly regret. For years, I had been the one to call, whenever their car had an issue, after the house was bought, I also became the one to call for any problems with the house too.
,
 
No I was just pointing out a factor that has to be considered that will get worse the longer the tenant remains there. Essential maintenance needs to be ensured as well.
Well, if it's a wreck, it will be valued accordingly and it wouldn’t be compulsory for them to buy it back.
Having lived amongst them another type of person can crop up. Could afford a mortgage but do not want one. At the time these had no interest at all in owning a house.They saw it as a mugs game.
They wouldn’t be the type I’d expect to buy a house then. Carry on renting, that’s who council houses are for.
 
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Maybe look at council house management now. Afraid it's a few links. None are long.

Intent and funding

What is a leaseholder

If a leaseholder

My father's private property was built on council owned land as were the council houses. Given the cost of ground rent he had no interest in going freehold. I sorted that after my mother died a few years after my father did. At that point Solihull owned the land. Boundary changes so no way of knowing who originally bought the land or how.

The escape from being a leaseholder is to buy the land. I'd suspect this has happened on many ex council houses so they are no longer in the pool. This infers that increasing the pool again means land needs to be bought other than in areas they own that have a lot of green in them. High rises for instance may have.
 
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