MoD married quarters sell-off to be finalised
Thursday 06 June 1996
But the Ministry of Defence has only been guaranteed a pounds 100m share of the proceeds. The rest may disappear into the Treasury "pot of gold", amid widespread speculation that the true purpose of the deal is to create a massive windfall to fund tax cuts.
The plans have outraged servicemen and their families, a number of members of the House of Lords, including Field Marshal Lord Bramall, who called them a "national disgrace", and MPs of all parties.
Under the scheme, the MoD will retain the freehold on the 60,000 married quarter houses on 800 sites across England and Wales, but leases them for 999 years. The MoD's Defence Housing Executive will retain control over the properties for as long as it requires them, and pay rent to the lessee. The Government will therefore get a massive cash injection, while the lessee gets a guaranteed income from a reliable source.The MoD also retains responsibility for maintenance of the properties.
- 1 Pope Francis issues top 10 tips for happiness
- 2 Disney heiress Abigail disowns her share of family profits in West Bank company
- 3 The secret report that helps Israel hide facts
- 4 Now diplomacy has failed, boycotting Israel might be the only way we can protect the people of Gaza
- 5 Israel's propaganda machine is finally starting to misfire
Russell Brand accuses Sean Hannity of terrorism after aggressive Israel-Gaza debate
Pope Francis issues top 10 tips for happiness
Justin Bieber posts Instagram photo of a crying Orlando Bloom after Ibiza fight 'over Miranda Kerr'
Disney heiress Abigail disowns her share of family profits in West Bank company
Air Algerie AH5017 crash: Jet fell 30,000 feet in three minutes ‘due to violent storm’
The secret report that helps Israel hide facts
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Boozy, ignorant, intolerant, but very polite – Britain as others see us
- < Previous
- Next >
Excellent Salary: Austen Lloyd: KENT MARKET TOWN - An exciting new role has ar...
£180 - £250 per day + competitive: Orgtel: Financial Accountants - Key Banking...
£200 - £500 per day + competitive: Orgtel: I am currently working on a large p...
£18000 - £25000 per annum + Commission: SThree: Computer Futures are currently...