housing association tenants are paying £ 150 a year to live in £ 1 million flats . Properties are funded by lottery as part of affordable housing pledge . New right - to - buy legislation could see tenants able to purchase homes . They will be offered discounts to buy their properties , providing an extra benefit to those who currently occupy flats in exchange for cheap rents .
Housing association tenants are paying £150 a week to live in £1m homes . Properties are owned by associations as part of affordable housing pledge . New right-to-buy legislation could see tenants able to purchase homes . They will be offered discounts to buy their properties , giving an extra benefit to those who currently occupy flats in Mayfair for cheap rents .