Lib Dems in Government are giving tenants the ‘Right to Buy’ their homes.
The move is expected to help thousands of people get onto the property ladder by giving tenants a 50% discount on the cost of their home.
This new initiative is part of a wider Lib Dem plans to help people to own their own home.
These plans also include extra help for hard pressed first time buyers.
But The Lib Dem plan will see the Right to Buy discount increased, making it far more affordable for tenants to buy their homes.
Under the previous Labour government, the discount for tenants was so small that most tenants could not afford to buy leaving thousands without the chance to own their own home.
Minister for Housing Lib Dem Andrew Stunell MP said:
“Unlike previous Conservative governments, the new Lib Dem scheme will see all the profits of right to buy ploughed back into social housing.
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