Right-to-buy discount increased

Updated
Secretary of State for Communities and Local Government Eric Pickles
Secretary of State for Communities and Local Government Eric Pickles

Council houses will be available to buy at a discount of 70% this year, the Government has announced, while pledging to invest the proceeds in new properties.

Communities Secretary Eric Pickles said a £75,000 cap on the cash value of the discount would also begin increasing in line with the CPI rate of inflation in a bid to revitalise the right to buy scheme.

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