Council offering £25k payout to tenants who downsize homes

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Published by Max Salsbury for 24dash.com in Housing and also in Communities, Finance, Local Government

Camden Council is offering up to £25,000 for tenants to downsize to smaller homes - in an effort to house larger families desperate for accommodation, and to mitigate the impact of the bedroom tax in April 2013.The offer - which will run till March 2013 - will see tenants who give up a four-bed home receive a £15,000 payout, a five-bed home £20,000, and a six-bed home £25,000.Over 5,000 overcrowded households in the London borough have applied for council housing, 798 of wh...

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