Cameron does a Thatcher again – this time he’s extending Right to Buy

A whopping 1.3 million people could buy their homes

Last week we reported David Cameron had copied Margaret Thatcher in a speech and now it seems he’s nicking the former prime minister’s policies too.

The Conservative leader has said if his party is elected, that he’ll extend the Right to Buy scheme for 1.3 million tenants who live in housing association properties.

Right to Buy was one of the more popular Thatcher policies, which has seen 1.5 million council homes sold to their residents since 1980.

Theresa May said it showed the party was “on the side of working people”.

She told BBC News: “It means that more families will have the opportunity to have affordable homes and to be living in a home that they own.

“It is a very important policy because it shows what sort of government a Conservative government would be. It shows that we’re a government that’s on the side of working people who want to get on and build a better future for themselves and their families.”

However, the announcement has come under criticism as it will cost the taxpayer money to reimburse housing associations who will sell the properties below their true value.

A Labour housing spokesperson called it “yet another uncosted, unfunded and unbelievable announcement”.

She said: “Having exhausted the magic money tree, the Tories now want people to believe that they can magic up billions of pounds a year from selling off a few council homes.

“Last year that raised just over £100 million, while this policy costs £4.5 billion a year.

“Labour will help people own their own home, that’s why we support Right to Buy. But in the 21st century that means building homes and not forgetting the vast majority of people that want to buy their own home but currently rent privately or live with their parents.”


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