Reply To: Savings Credit possible deprivation of capital?


i think you probably need to understand how the purchase was funded – customer had to be on the ownership docs as they were the only one entitled to a right to buy discount.

If customer didnt put anything into the purchase of the property, then signing it over probably wouldnt be depravation – what the customer bought to the deal was the ability to get the property at a cheap price, rather than any monetary contribution.