Can I rent out my Right To Buy Flat once purchased

Norman_Castle

armchaireconomist wrote: »

Ah, so council tenant has enough cash to buy council property outright at taxpayer discounted rate, to transfer property into private rental.


Need I continue? You're everything that's wrong and immoral about RTB.

Nope. Troll claims to want to rent out rtb property bought with cash to provoke responses.

Don't be a mug.

Cakeguts

Norman_Castle wrote: »

Nope. Troll claims to want to rent out rtb property bought with cash to provoke responses.

Don't be a mug.

If it is a troll it is an epic fail as a question simply because if you had a lot of cash to buy a house in Manchester you would buy something on the open market rather than a council house because most people wouldn't want to buy a council house if they could afford something better even with the discount. So on that basis a cash buy would be for something that was really cheap like a flat in a tower block or a house on a sink estate. Neither of which anyone including council tenants would want to rent unless they were desperate and had been evicted by the council for anti social behaviour or something. So Manchester was a bad choice of area if all you wanted was to provoke a reaction.

Norman_Castle

Cakeguts wrote: »

If it is a troll it is an epic fail as a question simply because if you had a lot of cash to buy a house in Manchester you would buy something on the open market rather than a council house because........................

They clearly didn't expect to encounter an expert of the Manchester property market such as yourself. You've really outsmarted them