London House
London House
Out of context: Reply #8
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- Gordy220
Not 100% how it works but...
some friends of mine part bought with the council in Stoke Newington. Basicaly, you get a morgtage on 50% of the house and pay nominal rent on the councils half. Over time, you can graducally buy the councils half back off them. If you sell it, you and the council split the profits. Working well for them at the moment...