Landlords Own 40% Ex Council Housesx - GMB

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GMB@WORK Borough own the freehold. Marcus is an LLP member of High Holborn LLP, director of 373 New Kings Road Freehold Ltd (letting of property) and juststjohn.com ltd. Paul Kenny, GMB General Secretary, said “This investigation lays bare the harsh reality of the exploitation of our social housing stock. It shows private businesses making vast profits from the public purse while the people these homes were built for sit on waiting lists that never move. To add insult to injury many are using offshore tax havens to avoid paying tax on these profits. These homes were built and designed to be rented by ordinary London families. The investigation exposes Mrs Thatcher’s flagship policy of "right to buy" for individuals as nothing more than a charter for the exploitation of our social housing for private profit. Her plan to create a home owning democracy has turned into a "buy to let" bonanza. You could not make it up that the family of one of Mrs Thatcher’s aides who served as housing minister during the high tide of the right to buy ends up owning a vast swathe of London’s ex council housing. While tens of thousands of ordinary London families are unable to find council house to rent rich farmers and the elite are scooping them up by the tractor load. The "right to buy" has turned into a rich harvest for greedy farmers and others." End Contact Paul Maloney GMB Regional Secretary 07901 343 839 or Paul Grafton 07714 239 093 Wandsworth Housing Report Notes to Editors 1 Check appendix A to the attached report for information on 69 blocks of flats in Wandsworth on the estates in SW11 2, SW11 3, SW11 4, SW11 5, SW11 6, SW12 8, SW12 9 and a single block in SW15 4. This information has been downloaded from publically accessible records from the Land Registry, the official land registration service for England and Wales. The Land Registry provides details on the registered owners of property and land. It is compulsory to register all land and property which changes ownership or has a mortgage for the first time. Since 1990 the Land Registry has been open to public inspection governed by Section 66 of the Land Registration Act 2002 which provides for register information to be publically available. Further details are available from http://www.gmb.org.uk/newsroom/landlords-own-40-percent-ex-council-houses Page 10/15 Join online today at www.gmb.org.uk/join GMB Euston Office: 22 Stephenson Way, London NW1 2HD • Tel: 020 8391 6700 • email: info@gmb.org.uk
GMB@WORK http://www.landregistry.gov.uk/. 2 The summary table below shows all individuals with 2 or more properties and all companies searched: Wandsworth leaseholds Total Leaseholds ALL AREAS** CHELSEA ESTATES 30 51 LIMITED BIRKETT ESTATES 9 19 LIMITED Alexander James Birkett 10 Smith* Alexandra Clara Smith* 2 Helena Catherine Smith*6 Nicholas Joseph Birkett 9 Smith* TOTAL 66 PALMYRA 20 23 PROPERTIES LIMITED CPIF PROPERTY 13 20 LIMITED THE FERRYVIEW 2 3 PARTNERSHIP LLP AFFORDABLE 6 PROPERTY INVESTMENTS LIMITED SKYPROPS LIMITED 3 6 Richard James Verdin 2 and Christopher Neil Kemsley* TOTAL 46 http://www.gmb.org.uk/newsroom/landlords-own-40-percent-ex-council-houses Page 11/15 Join online today at www.gmb.org.uk/join GMB Euston Office: 22 Stephenson Way, London NW1 2HD • Tel: 020 8391 6700 • email: info@gmb.org.uk
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