Hammersmith Council to bulldoze Council flats
Please see the article in yesterday's Financial Times: Stanhope Plc are about to sign a deal with Hammersmith Council to redevelop Council estates as the flats "fall vacant".According to the FT article called "Stanhope in groundbreaking council house deal":‘Leading regeneration developer Stanhope [plc] is facing a political row over a groundbreaking deal that it is about to sign to redevelop a swath of London council estates.The plan will see hundreds and possibly thousands of council houses in Hammersmith & Fulham, west London, demolished and replaced with properties for sale.Conservative-dominated Hammersmith & Fulham Council, which is widely seen as pioneering in its approach to housing policy, is set to approve the 15-year joint venture early next month. But the area’s Labour MP [Andy Slaughter, MP] has written to the company warning that the deal risks its corporate reputation.Andrew Slaughter, MP, called the joint venture “the clearest example yet of social engineering in a borough that is now notorious for such schemes”. He warned Stanhope chief executive David Camp that such plans would face “huge public opposition” during the forthcoming local elections in May'.Please remember that there are Council elections coming up in May. I see only one way of reminding the Conservatives in Hammersmith that they should be acting in the interests of EXISTING residents of the borough, and not in the interests of investors from the Far and Middle East (Malaysia, Singapore, UEA, Saudi Arabia, Russia and China) who are queuing up to invest in luxury flats to be built on "repossessed" Council land....
Una Hodgkins ● 4125d0 Comments