Up until now it was only council tenants that have the right to buy the homes that they currently rent. But as announced in the Queen’s speech, when the new Housing Bill becomes law, housing association tenants will also gain the right to buy.
There has been a lot of controversy in the news with some people thinking that this extension to the right to buy scheme will create more problems than it will solve. Here at Green Spinnaker we see it as a positive move towards helping more people to get a foot on the property ladder.
With this in mind we have decided to find out more detail about what the extension actually means.