Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Right to buy | |
Posted by: | Adrian Irving | |
Date/Time: | 17/04/15 16:02:00 |
Vanessa, The National Housebuilders Federation says under the three-year rule, 850,000 are eligible. Of those, it calculates that 221,000 households could afford to do so, based on a mortgage of three and a half times salary with a 5% deposit. I should add from my own experience a number of cash buyers will appear from nowhere..... ho hum? So, in reality the hoped for 1.3m may to prove a little bit of an overestimated to say the least. |