Former Crown Estate Tenants

Meeting: 
MQT on 2014-06-11
Session date: 
June 11, 2014
Reference: 
2014/1938
Question By: 
John Biggs
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

Escalating rents in the private sector mean that many former Crown Estate properties, now with Peabody, whose intermediate rents are benchmarked against the market are being priced out of their homes, and are finding it hard to make ends meet. What steps will you take to examine and as necessary intervene in this matter?

Answer

Answer for Former Crown Estate Tenants

Answer for Former Crown Estate Tenants

Answered By: 
The Mayor

The GLA will liaise with Peabody on this matter. Our initial understanding is that they have maintained the Crown Estates rent policy for the acquired properties.