Wednesday, 13 June 2018

Fury As Housing Associations Redevelop And Sell Affordable Homes


Housing associations have made at least £82.3m from auctioning homes in five London boroughs since 2013. Analysis by the Labour MP for Westminster North, Karen Buck, shows that Westminster, Brent, Camden, Hammersmith and Fulham, and Kensington and Chelsea sold 153 properties at auction through Savills estate agents – with more than half in Westminster where sales totalled £36.4m. The true figures are likely to be much higher as the data only covers sales made by one agency. Read more on the Guardian website.

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