article_snippet.sent: Thirdly, the Help to Buy:
article_snippet.sent: Equity Loan scheme has been extended to 2020.
article_snippet.sent: Mr Cameron also announced a massive extension in the Right to Buy scheme to 1.3million housing association tenants.
article_snippet.sent: The existing Right to Buy allows tenants living in council-owned properties local authority tenants to buy houses and flats at a discount of as much as 70 per cent up to a maximum of £102,700 in London and £77,000 across the rest of England.
article_snippet.sent: Mr Cameronannounced a massive extension in the Right to Buy scheme to 1.3million housing association tenants .
article_snippet.sent: The Conservatives plan would extend scheme to 1.3million housing association tenants to people living in properties owned by housing associations - not-for-profit bodies that receive public money and loans from the private sector to provide low-cost homes.
article_snippet.sent: Around 500,000 housing association tenants currently have no purchase rights and 800,000 who qualify only for much less generous discounts of £16,000 or less.
article_snippet.sent: Local councils will be required to sell off Local councils most expensive properties as Local councils become vacant, in order to raise an estimated £4.5 billion a year to fund the scheme.