Ebury Street house

Meeting: 
MQT on 2009-11-18
Session date: 
November 18, 2009
Reference: 
2009/3583
Question By: 
Gareth Bacon
Organisation: 
GLA Conservatives
Asked Of: 
The Mayor

Question

How much has been spent on marketing, estate agents, fees and Council Tax during the 7 years that TfL owned the house bought for Bob Kiley in Ebury Street? Have any other houses been bought for TfL employees, if so then why and how much has been spent on those homes?

Answer

Answer for Ebury Street house

Answer for Ebury Street house

Answered By: 
The Mayor

The property was occupied by the former Commissioner from 2001 until 2007. TfL have been marketing this property via specialist local agents since August 2007. A sale was agreed approx. three months ago and exchange of contracts is anticipated by 14th November. No fees or marketing costs have to date been paid to the agents marketing the property but a fee of £50,875 will be payable to them on completion of the sale. The property has been let since 25th October 2008 at a rental of £1750 per week and the tenant has been liable for Council Tax on the property since that time.

TfL has not purchased any other properties for employees.