MoD seeks to buy back 38,000 homes leased from billionaire

Guy Hands and Annington Homes, rather than taxpayers, benefited from soaring UK property market after 1996 privatisation

The UK government wants to reverse a controversial privatisation deal by seeking to wrest ownership of 38,000 homes in the Ministry of Defence housing portfolio from the billionaire private equity boss Guy Hands.

The move is expected to lead to a legal battle between the MoD and Hands’ private equity firm Terra Firma over whether the government can take back full ownership of the homes.

Continue reading…

5799

748

Subscribe

Connect with

Login

I allow to create an account

When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.

DisagreeAgree

Notify of

new follow-up comments new replies to my comments

Label

{} [+]

Name*

Email*

Website

I allow to create an account

When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.

DisagreeAgree

Label

{} [+]

Name*

Email*

Website

0 Comments

Inline Feedbacks

View all comments