Tuesday, 8 July 2014

Families Face Eviction after Richest MP Buys Housing Estate and Hikes up Rent

Devastated families are facing being evicted after the inherited estate of Britain’s richest MP bought a stake in their homes. Tory Richard Benyon’s £110million family firm is part of a consortium that snapped up the housing estate and announced plans for a massive rent hike. Up to 90 households in East London fear the Benyons’ plan to charge “market rents” will treble their bills. The New Era Estate, in Hoxton, has a long history of providing affordable housing and has been home to some people for 70 years.  The Benyons have already hiked rents by 10% this year. Read more on the Daily Mirror website.

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