Margaret Thatcher Home Ownership
For margaret thatcher home ownership was a right and one which which she believed should be extended to council house tenants.
Margaret thatcher home ownership. By the time margaret thatcher left office in 1990 it was 67. Council houses were sold off often below market price mortgage interest relief at source was introduced in the 1983 budget it gave a tax break to households taking out a mortgage. 15 million council houses were sold by 1990 by 1995 it was 21 million and as a result of the right to buy the treasury received 28 billion.
She was the longest serving british prime minister of the 20th century and the first woman to hold that office. Margaret thatcher made a huge impact on the housing sector during her time in office and we can still feel the effects today margaret thatcher handing over the keys and deeds to home in amersham. Mrs thatcher sought to encourage home ownership.
Margaret thatcher takes tea with former glc council house tenants in balham in 1978. House prices rose rapidly especially at the end of the 1980s. Margaret thatcher gave bush a few words now a famous quote remember george this is no time to go wobbly today this advice goes to trumpsters reeling over a banana republic attempt to.
13 october 1925 8 april 2013 was a british stateswoman who served as prime minister of the united kingdom from 1979 to 1990 and leader of the conservative party from 1975 to 1990. One of the first acts of her government was to launch a right to buy. A terraced property in harold hill near romford in essex was first sold in 1980 to its council tenants for just over 8000 and the sale was sealed by margaret thatcher herself.
Home ownership stimulates the attitudes of independence and self reliance that are the. Growth in home ownership home ownership grew from 55 of the population in 1980 to 64 in 1987.