UK Landlord Forum / Life

Quote
Families will be able to rent a new home at a discounted rate while they save for enough for a deposit to buy the property, the Government has announced.

The "rent to buy" scheme has been included in a package of measures designed to ease pressure in the housing market and help first-time buyers get a foot on to the property ladder.

Couples with a combined income of £60,000 or under will be able apply for the scheme, and pay rent at a discounted rate of around a fifth less than the market value.

Wait a sec, a combined income of 60k? Are you kidding me? Anyone else thinking that's an extremely high amount? A couple that's earning 60k aren't struggling, or at least shouldn't be (unless they have a few bad habits).

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What?! That sounds abit mental me and my boyfriends combinedincome is about 37k and we are definately not struggling!! Im actually quite impulsive with clothes and stuff for my house.


This is abit stupid.

Yeah, i'm not sure how they calculated that 60k figure.