Jeremy Corbyn to effectively Confiscate Landlords PropertiesMake Text Bigger
It doesn’t get any worse for landlords than Jeremy Corbyn.
He has said that the ‘Right To Buy’ policy that lets council tenants buy their homes at a big discount should be extended to the tenants of private landlords.
To quote him, ““So why not go with Right to Buy, with the same discounts as offered by way of subsidised mortgage rates, but for private tenants and funded by withdrawing the £14 billion tax allowances currently given to Buy to Let landlords.”
So not only will you lose your property and your rental income you will also pay your former tenants deposit and subsidise their mortage.
On top of this there is his policy that rents should be capped to local average earning levels.
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