Liebour set to scrap it,if you can buy now before its to late.

This Government are a complete clusterfck.

How much does she cost? I doubt there will be dynamic pricing on her.

never agreed with it from day 1 especially when nothing new was built to replace the stock sold off on the cheap. those who moved into them in the first place never did that as they knew down the line they could buy em on the cheap. people cannot moan about the lack of rented property for them and their grown up family hen somebody has bought them off the council.

Didn’t the blessed Angela take advantage of the scheme to buy her’s….?

Obviously you are clueless and have no idea that is why there is shortage of affordable rental housing, another one of Thatchers bright ideas same as selling off the North Sea Oil and the Utility Companies.

100%. And in areas where house prices are high a big proportion are sold on and rented out within a few years, making a ton of money for private landlords and zip all for councils.

From personal experience most people who buy them stay put, it’s their home.
Relations of mine have bought them and not one has moved, they wanted security.
With these clowns on the job I can see long term residents being treat like cattle and moved out to some new location to make way for families to occupy their bigger home like sheep.
If you want to watch something it’s landlords buying up new affordable homes to rent and taking over the market.
Buying a council house you’ve lived in for a few years is hardly gonna be worth mega bucks and not enough to move up the property ladder.

Nope my in-laws bought their Council House for £4000, sold for £15000 when my mother in law had to go into a home then a couple of years later £65000, nice little earner.
A relation is buying an ex Council House for £150000 on Owton Manor they bought it on the right to buy scheme for £30000.. Whilst there isn’t mega bucks involved it’s a canny profit.

From personal experience most people who buy them stay put, it’s their home.
Relations of mine have bought them and not one has moved, they wanted security.

Buying a council house you’ve lived in for a few years is hardly gonna be worth mega bucks and not enough to move up the property ladder.[/quote]


You're right, snowy......I can understand people getting peeved about the discount though.It's about 87K down here.

The house in question must have been lived in from the early 70’s to go for that price. so no profiteering there if they lived there 50 years.
You first paragraph makes no sense as the last figure reveals no great profit by subsequent owners and is nothing to do with your in laws.

Why do people go on about Thatcher selling off Council houses when selling off started two decades earlier…but you had to go before Councillors to ‘plead your case’.
All Thatcher did was give everyone the right without having to appeal, she never started it off, just tidied it up.

The difference was the proceeds from the sales went to the Council and there was no restriction in building replacement houses unlike the Thatcher scheme where the majority of the proceeds went to the government not allowing the funds to replace the houses.

From the House of Lord’s Library.

The Housing Act of 1936 permitted the local authorities to sell their social housing stock to tenants with ministerial consent.
The house purchase and Housing Act of 1959 removed the requirement of ministerial consent for a sale.
Tenants could then buy their house with agreement of the local council, but they had no right to buy unless the Council approved the purchase.
1980 Thatcher gave all tenants the right to buy their property.

What they did with the money is another story, I am only concerned with the various Acts that lead us to 1980.

Are some of these recent "announcements" being leaked/floated by Labour to judge public opinion?

Believe it was comments by Angie….could be mischief, but nothing surprises me now.

how many people knew of these acts pre thatcher or bought the property.

Funnily enough the road my gran lived in in the 60’s had people who bought theirs and years later I wondered how and checked it how they did it.
After 1959 I suppose if you were in the know and had the opportunity’s you could take advantage of it but it wasn’t publicised…and most people then didn’t want the responsibility of home ownership or even afford it.
I suppose it could be abused as well on reflection.
Thatcher’s reform took that away as you then had the right.
It wasn’t so much her actions ….it was the two original Acts on the books that created it.

Is she back from that rave in Ibiza ?

https://neweconomics.org/2024/05/more-t ... -landlords

In Brighton 86% of council houses sold under right to buy are now being privately let.

It's almost impossible for the younger generations to get on the property ladder nowadays.
A situation were landlords renting make a fortune due to the housing shortage created by mass immigration. Only one of the problem this decease causes as well as a lifetime burden to the law abiding tax payers.

Was talking to someone a while back who moved upgraded to a 4 bedroom house due to been married with 3 children.
40 year old taking on a 40 year mortgage and said the monthly payments weren't a problem.
But that's a massive gamble to sustain till your 80 year old.
Unless the bank of mam n dad comes into play.

Bad example Brighton, silly prices being paid, but he consequence of selling them means the right to sell on…and not forgetting when these houses were sold in the 80’s boom most of the owners could have passed on after living there for over 40 years…the trouble is landlords outbidding private buyers.
I don’t like private Landlords.
But even after selling to private landlords the houses are still occupied by people, they don’t disappear and no shortage is caused by selling the houses on because they remain what they are.

Maggie got this right but it should have been ‘sell one, build one’

I might be way off the mark here but I reckon we're building loads of houses everywhere across the entire country. Certainly when you look around your local areas there's far more houses being built than being demolished.
The root cause is population growth which is mainly a result of uncontrolled immigration.

As an aside, where is all the extra Council Tax I come going because it doesn't appear to be being spent on provision of local services and amenities. When you look at the developments of Seaton, outwards towards Hart, for examples village over recent years the number of houses within the scope of Hartlepool Council must have almost doubled in the last 30 years or so.

That might have worked if right to buy homes hadn't been sold at a massive discount - the average in the 1980s was 44% of the market value. And councils didn't get to keep the remaining 52% - the government took a chunk for itself.

I approve of council house sales if you’ve been there 10 years and maximum discount was 20%, and ALL the balance given to the Council solely for building new houses.

There was a scheme in the mid 90’s where Council tenants could buy a house (not a council house) on the market and their 10% deposit paid for them but they must live in the new house for 10 years and the deposit would then be written off…move before then and it it had to be repaid….this was to free up Council houses.

its the norm these days for couples/people in their late 30s/40s to either just be getting on the ladder or going big and bust and getting the longer term and bigger mortgages. I settled for the cheaper monthly longer term as ill enjoy the extra cash in my pocket now whilst my kids are young and worry about the bullshit later (if im still here).

Wasn’t there a rule you had to live in the house for a certain number of years after buying before you could sell it ?

You could sell your house after five years without an financial clawback by the council, but to actually sell it within 10 years you need the permission of the Council.

We bought ours 10 years ago for 20k paid cash outright we have now saved 50k in rent and the house is worth 150k winner winner chicken dinner

As of 2023, approximately 8.38 million people lived alone in the United Kingdom. That is an increase of 1.78 million single person households since 1996.

That's quite a lot of additional properties required

That’s their choice, they ain’t the problem.

it might be worth that but it would all disappear if you had to move to most areas of the country. the buy your own property scam where you do not actually make money to put into your pocket unless you do something most would avoid doing by selling and moving into a cheaper but poorer property. most want to improve their lot especially women.

Boasting about house prices is the ultimate dead end.
Sell it, but unless you’re going to downgrade you won’t make any profit….you only crack the system when you die….that’s the small technical drawback not yet overcome.