‘I’m paying people to buy 40 of my houses because the Government hates landlords’

The Telegraph is running a piece on a Nottingham landlord who is making his tenants an unconventional offer – he will gift them a deposit so they can buy their homes from him.

If they cannot get a mortgage, he is also prepared to cut the sale price by a tenth, with the stipualtion that the landlord he sells will keep the existing tenants on.  This could cost him more than half a million pounds.

The whole article can be seen here (subscription may be necessary)

 

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