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Social Housing Tenants To Live Rent Free after 25 years of rental Payment.

2 Comments 10th January 2015

This proposal would allow social housing tenants to live in social housing rent free after a total of 25 years of rent payments.

After the tenant dies, the rent payments would then continue, even if the tenancy is taken over by family members.

This would bring Social Housing tenants inline with Mortgage holders, but still of course at a disadvantage because obviously the mortgage holders would own the property at the end of 25 years and this proposal would mean the Social Housing home would still remain the property of the landlord at the end of 25 years but allow the tenant to live a rent free retirement.

I think this would be fair on the tenant as they would of paid a lot of money over 25 years and with the current situation they get nothing back. This proposal gives them something back and it would probably improve rent payments amongst the tenants as their would be something to aim for.

Why does this matter?

IMPROVE RENT PAYMENTS

ALLOW SOCIAL HOUSING TENANTS TO LIVE RENT FREE IN RETIREMENT

THE OWNERSHIP PROPERTY REMAINS WITH THE LANDLORD SUCH AS THE COUNCIL OR HOUSING ASSOCIATION.

BE A NEW COST WORTHY INITIATIVE WHICH WOULD BE AS POPULAR AS RIGHT TO BUY (BUT WITH FAR LESS COST TO THE TAX PAYER).

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2 Responses to Social Housing Tenants To Live Rent Free after 25 years of rental Payment.

  1. Rick Seymour says:

    If the social landlord, a private housing association was not receiving rent for the property who would maintain the property?

  2. marie broderick says:

    This is a great idea. Many people such as single parents had to give up work to look after children and have no pension provision or savings as a result. In addition many of those same people need to support their children well into adulthood because they are unemployed or unwell or just unable to manage their own affairs.

    Taking up work with the help of tax credits would be a very attractive option in this situation if rent for the social rented home was not such an issue

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