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Ex-homeless man who was sofa-surfing can buy a house for £1 in pioneering scheme

Ex-homeless man who was sofa-surfing can buy a house for £1 in pioneering scheme
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Devon woman jailed for running brothels in Exeter and Torquay

Her 70-year-old husband Michael Stockwell, and son Richard Christian, 33, helped collect rents and launder the profits. The mother-of-four, previously of Lakefield Road, used a daughter to run her business in Oxford. She made £120,000 over two years in Devon, with police finding £3,588 in cash hidden in a daughter’s school bag. She admitted eight counts of managing a brothel and two of possession or conversion of criminal property, and was jailed for two years and eight months at Exeter Crown Court. Her husband collected rent on one occasion and almost £18,000 of the profits went through his bank account. A total of £117,000 went through the couple’s accounts in the 21 months before police shut down the business in March 2020.

The salary needed to afford Oxford s cheapest homes

This is especially the case in Oxford which is home to some pricey and luxurious places. In fact, Zoopla estimates that the average property price in Oxford is an eye-watering £528,102 However, it is possible to buy properties far below this average so keep your eyes peeled. We have already looked at the  - now it’s time to look at properties on the other end of the price spectrum in Oxford. It s important to note that there are many factors that impact the cost of a mortgage and lenders assess affordability on a case by case basis- salary isn’t the only deciding factor.

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