David council proposes extension to right - to - buy housing policy . PM promises to extend Right to Buy to all housing association tenants . Discounts of up to 70 % to allow 1.3million families to buy their home . uk Housing Federation said the subsidy will cost taxpayers £ 5.8bn . Claimed it was effectively worth £ ##500 for each family who bought . But the Tories said it would be cheaper by letting councils sell off homes .
David Cameron announces extension to right-to-buy housing policy . PM promises to extend Right to Buy to all housing association tenants . Discounts of up to 70 % to allow 1.3million families to buy their home . National Housing Federation said the subsidy will cost taxpayers £5.8bn . Claimed it was effectively worth £100,000 for each family who benefited . But the Tories said it would be funded by making councils sell off homes .