June 21, 1924

First published in News Watford Observer: Photograph of the Author by , Nostalgia Editor

It is probable the tenant-purchase scheme of the Watford Corporation, under which 20 houses are to be built at Harebreaks, will be the forerunner of a much bigger scheme. Applications for the dwellings are already being received in considerable numbers.

A purchaser pays £50 down, and the balance of the purchase money is spread over 25 years. The cost of the houses will probably come out at £650, towards which a subsidy of £100 is received from the Government.

The repayment, inclusive of principle, interest, rates, and taxes, should be under £1 a week.

[From the Watford Observer of June 21, 1924]

For more stories from the Watford Observer’s archive, go to our Nostalgia section by clicking HERE

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree