Rents-to-Mortgages Scheme

Part of Oral Answers to Questions — Environment – in the House of Commons at 12:00 am on 12th June 1991.

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Photo of Tim Yeo Tim Yeo Parliamentary Under-Secretary (Department of Environment) 12:00 am, 12th June 1991

I agree with my hon. Friend, who makes an important point. I am sorry to say that, even today, in the boroughs of Lambeth and Hackney disgraceful obstacles are put in the way of tenants trying to exercise their right to buy.

I am glad to say that the rents-to-mortgages experiment is going extremely well. I expect the first completions to take place later this month. It is an important extension of tenants' rights. I shall be interested to see whether the Labour party overcomes its hostility to allowing council tenants to become home owners more quickly under the rents-to-mortgages scheme than under the right-to-buy scheme.