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the scheme is good in a way that it allows the poorer people to be able to buy,
Moog is right. There are always people with a better opportunity than you. Whether that be a dad in the building trade who enables them to redo houses at a low cost or just lots of money. Just be happy you are in a position to buy somewhere.
However, on the general point. The right to buy may have made sense in a post war Britain as you try and move away from state ownership where there is sufficient housing.
Now it's is beyond ridiculous.
hugo7
Will have a look. Thanks.
On a different topic, maybe I am saying this out of jealousy, or maybe I don't think this is entirely fair. You know the right to buy scheme that allows council and certain housing association tenants to buy the place they are living in?
So some people at work know I have been looking to buy for a while, as do you guys, but it won't be an easy road for me. On the other hand, a colleague who has been living in various housing association housing for the last 12+ years, while I have no doubt he once needed it, he more than certainly do not anymore and have not for as least 4 years. We are on the same salary bracket, only he works full time and I don't, he is also at the top of the bracket, meaning he earns around £8k per annual more than me. To cut a long story short, as he's been telling me about his personal circumstance so I know well enough that we are, financally, pretty much on par.
Anyway, while I am scratching my head trying to find locations that will fit my budgets, he is planning on buying his 2 bedroom flat right in the middle of Hackey for £100k+ less than my total budget, it's not a coucil block, but a coverted house type, so even nicer. He also told me he wants to get the smallest possible mortgage and pay it off in a few years then sell it off to make a large profit out of it. To put it into persepctive, his mortgage would be around £100k less than mine, althoug I have a larger deposit than his, he earns more so...
Now I don't know and I don't want to know the ins and outs with his specific scheme with regards to buy and sell, but I just don't think it's entirely fair that someone once, in the fairly distant past needed social housing, is now able to buy off their home with a very large discount, when a lot of us, have never been in enough need to be put in social housing, now struggle to buy, or have to make do with locations that wouldn't necessarily be the ideal choice. (Note: I don't want to live in Hackey but I do want to remain in Camberwell, which isn't going to happen)
I was once very ill for a good few years, now better but still a condition that will stay for life. At my lowest point, the docs say they would try get me a counil flat and I would be bumped up the waiting list due to my situation at the time, but I said no because I didn't want to rely on the system as I know once I am used to paying next to nothing rent, like this colleague of mine is (he pays just over £100 a week), I'd never want to stand on my own 2 feet... Point I am making is that the scheme is good in a way that it allows the poorer people to be able to buy, but those of us who sit very closely on the other side of the fence ain't usually that much better off and here is where I find the most unfair.
Tell me I am right, tell me I am wrong... just having one of those sleepless nights and need to get this off my chest...