Thursday 9 February 2012

Thousands of people earning over £100,000 living in council houses...

New plans are being drawn up that will save the taxpayer over £100million by demanding that people pay the market rate of their property or move out? Most people are expected to refuse to pay the massive increases and to leave their properties instead as they could probably expect to live in better areas if they were paying the market rate. Almost 720,000 people (a fifth of council households) earn over the national average wage. For some London properties, tenants would have to pay £70,000 a year more than they are charged at the moment if they were renting their homes on the open market. Ministers believe voters will be ‘staggered’ to learn that people on such high incomes enjoy council homes subsidised by the taxpayer. Need conveyancing? Visit www.helpfulconveyancing.co.uk

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