UK government to announce change in council property rent structure

Discussion in 'UK Property' started by Nicholas Wallwork, Jul 6, 2015.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    George Osborne is contemplating a major change in the council property rent structure in his forthcoming budget speech. There is intense speculation that those earning £40,000 and located within London, or £30,000 outside of the capital, living in subsidised council properties will be forced to pay the market rate from 2017/18. It is expected this [...]

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