Sunday, 2 October 2011

PM to return to Thatcher's 'right to buy' policy by increasing discounts for council tenants

In a dramatic return to the Thatcherite policy of the 1980s David Cameron will today pledge to make it cheaper for tenants to buy their council house.

The Prime Minister will increase discounts for those wanting the 'right to buy' and also plans to build a new home to replace every property sold.

More than 2.2 million people could benefit from the plan and it is understood Nick Clegg's Liberal Democrats have given their blessing.

Margaret Thatcher's 1980 policy was at first criticised for reducing housing stock but it allowed millions to own a home for the first time and increased social mobility.   Read More

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