Daily Mail

Homes for fat cats

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WHILE millions suffer from the housing shortage, these are boom times for the bosses of Britain’s biggest building firms.

Many have grown rich at taxpayers’ expense, as profits have soared from statebacke­d schemes such as Help to Buy.

Others have cashed in on rip-off leasehold deals, charging unsuspecti­ng home-buyers ground rents that can double every decade.

Now the most distastefu­l ploy of the lot. Today, the Mail reveals how multimilli­onaire developers take advantage of substantia­l discounts to snap up affordable homes meant for young families and first-time buyers.

Isn’t it sickening how often schemes intended to help the needy end up enriching those least in need?

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