
Do you remember the ‘Right to Buy’ scheme my Walsall Property Blog readers? The ‘Right to Buy’ (RTB) scheme was a policy introduced by Maggie Thatcher in October 1980 which gave secure council tenants the legal right to buy the Council home they were living in with huge discounts. The heyday of Council ‘Right To Buys’ was in the 80’s and 90’s, when 1,719,368 homes in the country were sold in this manner between October 1980 and April 1998. However, in 1997, Tony Blair’s New Labour reduced the discount available to tenants of council houses and the numbers of properties being bought under the RTB declined.
So what does this mean for Walsall homeowners and landlords? Well quite a lot in fact!


















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