Harringay online

Harringay, Haringey - So Good they Spelt it Twice!

Interesting interactive piece on the Mirror website today, which gives these results for Haringey borough:

Haringey

Private landlords get 45.6% of £267.85Mhousing benefit.
Top landlords in this area are:

Landlord Amount
1 Anthea Investments Ltd. £1,042,907
2 B & R Estates Ltd £919,082
3 Northumberland Park House Ltd £874,278
4 Woodlands Estates Ltd (Mr Andrew Charalambous) £826,395
5 Easy Properties London Ltd £755,382
6 Mr H Parmar £733,031
7 Btc Residential Ltd £690,041
8 General Accommodation Estates Ltd £579,463
9 Manlow Developments Ltd £493,490
10 Midos Management Co Ltd £473,140
11 Adelfia Ltd £418,975
12 Chris Anthony Estates Limited £414,127
13 Uk North London Lettings Ltd £403,839
14 Gaya & Co Properties Ltd £366,560
15 Teepee Property Management £351,973
16 Chris Lykourgou T/A Lyko Property Services £350,446
17 Kings Estate Agents Limited £324,707
18 Choice Property Services Ltd £301,745
19 North London Homes Ltd £273,920
20 Pointview Estates Ltd £267,247

These people living off benefits, eh? 

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Mr H. Parmar. Now there's a name I remember well!  And you may too if you'd read the Haringey Independent back in 2009 which carried a report about his conviction for stealing electricity.

Though I recall Mr Parmar for a local case I took up successfully. He'd erected a breeze block structure without planning permission. It was so close to the adjoining primary school that it blocked out daylight and a classroom was unusable. Rats were nesting in the space between the buildings.

So why does KoberKouncil allow Mr H Parmar to continue as a private landlord on three-quarter of a million from our c. tax, while not allowing Mr A. Stanton to continue as a public councillor on a decidedly lower allowance?  

Where are poor people supposed to live when there is no social housing available?

The listing for a Mr Andrew Charalambous would appear to refer to this fellow. Have I got that right?

Ha! Looks like it.

I thought Housing Benefit for non-council properties was paid to the applicant, not the landlord ?

Not always, and in any case the money will simply be passed on to the landlord. Have a look at the  Shelter website.  If tenants don't pay then the local Council has an option to make payments directly to the landlord. And of course the landlord has a reason to evict them.

You will realise, John, that a large landlord who spends as little as possible on maintaining and managing their properties is likely to be in a good position to add further to their holdings. If they are "cash rich", they have no sale-chain to worry about. And they can bid both at auctions and in other sales of properties coming on the market.

It seems to me this further tips the scales against individual buyers who are mainly looking for a home, rather than an investment. ('Use Value' more than 'Exchange Value' as some 19th Century writers put it.)

Quite

But I just thought the heading to this thread was inaccurate and misleading.

What if one of those named and shamed landlords were a philanthropist charging what Hugh would call the market rate. Does it matter where the money comes from ?

How would they be a philanthropist if they were charging the market rate? Does not compute.

Exactly. The irony escaped you ?

Hmm, evidently

How do you know if I am buying to let. or to live in? Or, indeed for my aged mother to live in?

Someone who buys to let should be paying income tax on the rental received anyway/

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