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TENANTS HIT THEIR ROOFS

Association raise £2m in a single morning, selling off homes
TENNANTS are outraged that a leading housing association has put much-needed homes under the hammer.
Paddington Churches Housing Association (PCHA) made almost £2 million on Monday when eight of its properties were sold at a housing auction. Three flats in Westbourne Crescent in Paddington were sold for under £200,000 while a four-storey house in Ashmore Road, Maida Hill, went for £590,000. The auction took place at the Millennium Hotel in Mayfair attended largely by developers and property magnates.
Head of the Labour opposition Councillor Paul Dimoldenberg also attacked the sale. “It is absolutely outrageous that a housing association should be selling properties on the open market when there are such huge housing problems in that part of Paddington. It is a complete disgrace. On the one hand the government gives people millions to create social housing while at the same time they are selling them off. There needs to be a public inquiry into housing associations selling homes like this.”
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