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Homebuy Scheme

Volume 459: debated on Monday 30 April 2007

To ask the Secretary of State for Communities and Local Government whether tenants purchasing an equity stake in a property under the Social HomeBuy scheme are responsible for the entire maintenance costs of the property. (129278)

Housing association and local authority tenants purchasing a share in their rented home at a discount under the Social HomeBuy pilot scheme assume financial responsibility for all maintenance costs. The Government are currently exploring different options for tenants purchasing small shares.