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Fundr ai si ng
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Devel operoft heMont h
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Upcomi ngEvent s
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Char i t yoft heMont h
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Heal t hLeader shi p
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Heal t h&Soci alCar e
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Tr ai ni ng&Cour ses
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Nat i onalNur si ng&Recr ui t mentCampai gn
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LocalGover nment-Housi ng&Envi r onment
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LocalGover nment-Counci lTax
Hundr edsofExCounci lTenant sar e now Pr oper t yMi l l i onai r es! Rec enti nv es t i gat i onsc onduc t edbyKI SFi nanc edi s c ov erhowt heRi ghtt oBuy Sc hemehast ur nedex c ounc i l homet enant si nt opr oper t ymi l l i onai r es . Fol l owi ngt her ec entdec i s i ont oendt heRi ghtt oBuySc hemei nWal es ,t her e hav ebeenr enewedc al l sf orEngl andt of ol l ows ui t .TheChar t er edI ns t i t ut eof Hous i nghasex pr es s edc onc er nst hatt heongoi ngl os sofc ounc i l pr oper t i esi s c ont i nui ngt oi mpac tont heaf f or dabl ehous i ngc r i s i sass oc i al hous i ngi snot bei ngr epl ac edf as tenough. Si nc et heRi ghtt oBuySc hemewasi nt r oduc edi n1980,ar ound2. 6mi l l i onc ounc i l homeshav ebeens ol dandar enowpr i v at el yownedbyt het enant swhous ed t or entt hem f r om t hec ounc i l .
WhenMar gar etThat c heri nt r oduc edt heRi ght t oBuys c hemei n1980,herv i s i on wast hatmor epeopl ec oul downt hei rownhome.Howev er ,40% ofc ounc i l hous es s ol dundert hes c hemei nLondonar enowr ent edoutpr i v at el y .Thi sgoesc ompl et el yagai ns tt heor i gi nal i nt ent i onofhomeowner s hi pbyal l owi ngpeopl et ot ur nt he s c hemei nt oamoney mak i ngbus i nes soppor t uni t y . Thi shasal s omadet her ent al mar k etf armor eex pens i v ef orpot ent i al t enant sas t heav er ager entc har gedbypr i v at el andl or dsac r os sEngl andi s£690permont h, c ompar edt oj us t£374f orac ounc i l pr oper t y .Thi sr oc k et st oanav er agepr i c eof £1, 473i nLondon,whi c hi s3t i mest heav er ageamountc har gedbyt heLoc al Aut hor i t y( £468) .
Ont opoft hepr i c ei nc r eas e,t hi shasal s ol edt omuc hl es ss ec ur i t yf ort enant s . Thes c hemepl ac esahugedi s c ount ,upt o70% oft hepr oper t yv al ue,ont hepur - Wher easc ounc i l t enant sk nowt hatt heyhav et hes ec ur i t yoft hei rhomef ormany c has epr i c e,whi c hi nt hel as t39y ear shasmadehomeowner s hi paf armor eaf - y ear s ,pr i v at el andl or dsc angi v ey ouj us tonemont hs ’ not i c et ol eav e. f or dabl epr os pec tf ort enant s . HasRi ghtt oBuyhadi t sday ? Howhav eex t enant smanagedt omak es omuc hmoneyf r om buy i ngt hei rc ounc i l home? Ov ert hey ear s ,t hedi s c ount sav ai l abl eandt er m ofr es i denc yneededt oqual i f yf or t hes c hemehav ev ar i ed.Cur r ent l y ,t hemax i mum di s c ountav ai l abl ei supt o70% of Duet odi s c ountappl i ed,andt hel owerhous epr i c est hr ought he80s ,90sand t hepr oper t yv al ue,oramax i mum of£80, 900( £108, 000i nLondon) .Thes c hemei s 00s ,ex t enant swer epur c has i ngt hei rhomesf orj us tat i nyf r ac t i onofwhatt hey nowonl yav ai l abl ei nEngl andaf t erbei ngabol i s hedi nSc ot l andi nJ ul y2016,and ar ewor t hnow.Thi shasl edt ohugepr of i t sbei ngmadebyt hos ewhos ol dt hei r J anuar y2019f orWal es . pr oper t yaf ewy ear saf t erpur c has i ngi t . Thenumberofr i ghtt obuypur c has espeak edi n1988–1989at135, 701.Thi s Forex ampl e,onepr oper t yi nHac k ney ,London,waspur c has edbyt het enantf or f i gur ehasdr oppeds ubs t ant i al l yt o1 1, 833s al esi n2017/ 18s howi ngt hatmay be £171, 000i n2000ands ol di ti n2014f or£1, 000, 000,mak i ngapr of i tof£829, 000. t hi ss c hemehashadi t sday . Anot herpr oper t yi nt hes amear eawasboughtf or£220, 000i n1997ands ol df or £1, 940, 000i n2013. Rel eas ef r om ht t ps : / / www. k i s br i dgi ngl oans . c o. uk / Pr i v at el andl or dst ur ni ngs c hemei nt obus i nes soppor t uni t y
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Nat i onalChar i t yRecr ui t mentCampai gn
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Nat i onalEducat i onCampai gn
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