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Transcripts For BBCNEWS The Housing Benefit Millionaire 20240707

and claims the charity has been failing some tenants. it doesn t feel like home, it feels like a prison. it was destroyed, absolutely destroyed. i ve never seen anything like it. we ask, is public money being exploited for private gain? it s a really wild west system i and the winners are the people creaming off quite often very large profits. - boats like this don t come cheap. most people would never have the opportunity to own a boat like this. it would cost you more than a couple of hundred grand, and you can see why. one just like this was bought by a property developer called paul o rourke. here he is explaining his business model. we are a private limited company that buys properties for one price, develops them, and sells them for another and that s what we do as a business. there is a bit more to it than that. and it s all about the housing benefit that can be claimed to house vulnerable people who need support. the government calls it exempt accommodation. exempt ac

Transcripts For BBCNEWS The Housing Benefit Millionaire 20240707

and that s what we do as a business. there is a bit more to it than that. and it s all about the housing benefit that can be claimed to house vulnerable people who need support. the government calls it exempt accommodation. exempt accommodation is a particular type of supported housing which is exempt from having benefit regulations, which means you can charge a higher rent. while there are good providers of this type of housing, there is mounting evidence this taxpayer funded system is open to exploitation. it s a really wild west system and the winners are the people creaming off quite often very large profits. you and i are paying for this situation every day that we pay tax. paul o rourke works closely with a charity called my space housing solutions. it is a registered provider of social housing. this is the village of north wingfield in derbyshire. in 2018, paul o rourke bought arcam house here. my space took a 20 year lease on the property and used it to house and supp

Transcripts for BBCNEWS The Housing Benefit Millionaire 20240604 02:52:00

of the government but, in 2017, it refused to pay the charity the £360 it wanted for each one bedroom flat. itjust didn t stack up. they are charging more for rent than everybody else, itjust didn t feel right to me. how can i put it? it didn t sit comfortably with me. at a rent tribunal earlier this year, the council argued paul o rourke was indirectly profiting from high charges my space were charging. thejudge didn t agree, saying he had seen no evidence to suggest impropriety, and the rent was fair. i showed councillor fritchley some of the documents from our whistleblowers. they show there is a link between paul o rourke

Transcripts for BBCNEWS The Housing Benefit Millionaire 20240604 02:51:00

the council hands out housing benefit on behalf of the government but, in 2017, it refused to pay the charity the £360 it wanted for each one bedroom flat. itjust didn t stack up. they are charging more for rent than everybody else, itjust didn t feel right to me. how can i predict? at a rent tribunal earlier this year, the council argued paul o rourke was indirectly profiting from high charges my space were charging. thejudge didn t agree, saying he had seen no evidence to suggest impropriety, and the rent was fair. i showed councillor fritchley some of the documents from our whistleblowers.

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