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From: The Socialist issue 818, 9 July 2014: Super-rich flash cash at Tory bash

Search site for keywords: Hackney - Evictions - Rich - Super-rich - Tenants - Council - Rents - Berkshire

New Era estate tenants, 9th July 2014, photo by Judy Beishon

New Era estate tenants, 9th July 2014, photo by Judy Beishon   (Click to enlarge)

Super-rich Tory MP profits from evictions

Brian Debus, Hackney Socialist Party

Market rents of 2,000 a month are the aim of rapacious landlord Benyon Estates for the 90 flats on the New Era estate in Hoxton, east London.

In the last year the rents have been increased by over 100 a month. The clear intention is to drive out the existing tenants and to make massive profits at their expense.

Benyon Estates is owned by Britain's richest Tory MP, Richard Benyon, who happens to be 'worth' 110 million. He also owns 300 properties in De Beauvoir town, a short distance from Hoxton.

The New Era estate is about the same size as Richard Benyon's home, Englefield House in Berkshire, which has a slightly bigger back garden containing its own deer park and farmland of 20,000 acres. It also rakes in a significant farm subsidy from the European Union, totalling 2 million since 2000.

There have been some words of sympathy for tenants from the local Labour Mayor Jules Pipe who has criticised these rent rises, but his council is just as guilty.

On the Woodberry Down estate, previously the biggest council estate in Europe, large sections have been knocked down and replaced with new private developments that local people cannot afford to live in. They are being used instead as investment opportunities by property speculators.

The only answer to these profiteers is rent controls and a mass council house building programme of hundreds of thousands of new homes to be built every year to house the homeless and knock the profit out of homes.


Angry residents meet to plan campaign

On Wednesday 9th July over 60 New Era estate tenants packed into a meeting room in a pub next to the estate to discuss building a campaign to stop the threatened rent rises and evictions.

A handful of energetic campaigners on the estate had already managed to get coverage of the threat to their homes in the national media, including in the Daily Mirror and the Times.

This was an excellent start to exposing the profiteering of Tory MP Benyon and the foreign investors who have bought the estate to line their own pockets.

All tenants at the lively meeting were fully supportive of building a strong campaign, with many ideas put forward on actions that can be carried out.

An e-petition has been set up, and there was applause when a Socialist Party member handed the residents many signatures on a petition supporting their campaign, from participants at the recent National Shop Stewards Network conference.

It was agreed to set up a tenants' association immediately which will meet regularly, and there were plenty of volunteers to serve on its committee.

Judy Beishon

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Article dated 9 July 2014

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