tag:blogger.com,1999:blog-2967945126715280855.post6047615941328670202..comments2009-11-25T12:32:35.978ZDebra Storrhttp://www.blogger.com/profile/00709860197387717627noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2967945126715280855.post-4401985046370092182009-11-25T10:43:48.039Z2009-11-25T10:43:48.039Z

This could make the council money, but it is more likely to make a lose as the council seem to do from time to time.Long term investments in Buy-to-Let is usually a good thing. But this kinda stinks of bailing out the builders. I will be interested to no what sort of deal they get on these houses.And also what kind of builders guarantee they get.

N Frasernoreply@blogger.comtag:blogger.com,1999:blog-2967945126715280855.post-5791784381785025922009-11-25T09:45:32.080Z2009-11-25T09:45:32.080Z

Neil,<br />if you&#39;d read the press article, you&#39;d have seen that the Government is proposing buying the houses and renting them via a new body -the National Housing Trust.<br /><br />I agree this new Quango is unnecessary - but my main point was, in these days of financial strain and with council budgets under severe pressure, it is difficult to see how councils are to fund this.

Debra Storrhttp://www.blogger.com/profile/00709860197387717627noreply@blogger.comtag:blogger.com,1999:blog-2967945126715280855.post-20231806502076091842009-11-24T22:53:05.702Z2009-11-24T22:53:05.702Z

So the council are to buy houses to rent out i assume. Can i ask, then why the houses they rent out at present do not conform to the HMO&#39;s they force on private landlords. They seem to want their cake and to eat it too.<br />There is already a council body to look after homes is there not. That is the council, after all they already have council houses and people used to be able to rent then

N Frasernoreply@blogger.com