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Rate of home-owners buying up council houses more than doubles

The Government has announced that the rate at which people in Newcastle are buying their council houses has more than doubled.

The coalition re-launched Margaret Thatcher's famous policy last year and offered eligible tenants up to £75,000 off the price of their rented homes.

Currently you must have lived in your property for at least five years to apply, but that will be reduced to three years in the near future.

Housing Minister Mark Prisk told ITV News that the rise was because the Government had been appealing directly to prospective home-owners.