Mar

Half the council tax tenants pay should be saved for a home deposit – SMF

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In a bid to help tenants save for a deposit to buy a house, half of their council tax payment should paid into a dedicated savings account, one think tank says.

The novel solution by the Social Market Foundation (SMF) acknowledges government efforts to help first-time buyers but argues they haven’t addressed the issue in high-demand areas.

View Full Article: Half the council tax tenants pay should be saved for a home deposit – SMF