Loading ...A London property company is charging £255 a week for “studio apartments” as small as three metres by three metres that tenants claim are “worse than prison cells” and that breach statutory overcrowding regulations.
Nineteen tiny, dilapidated rooms above a McDonald’s in Islington, north London, are earning a multi-millionaire landlord and a sub-letting company an estimated £400,000 a year in rent, a Guardian investigation has revealed.
The rent per square metre is more than twice that for other one-bed privately rented flats in the same area. Recently built studios on the same road for students are double the size but cost less. Rent on the unfithousing was being paid largely by the taxpayer through housing benefit, although Islington council has now said it will no longer pay as the units represent a “category one hazard” under health and safety regulations in terms of crowding and space. It said the taxpayer was being “ripped off”. The council has now issued an order rendering the tenancies void in two months. It follows a series of door-to-door inspections of private rented properties in the borough over the summer.
read more and see this article in the Guardian
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