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
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
armed police cordoned off the street a few months later when four masked men were seen running out of arcam house, one wielding a machete. all of the residents were immediately told to stay in their homes, doors and windows locked, not to come out until the police told them they could exit their properties. it was absolutely devastating for this community. mark taylor was a housing officer working for my space at the time. he says he d been told to fill arcam house, and quick. i had issues from the get go with arcam. it always felt too rushed. with vulnerable tenants, their housing benefit is usually paid direct to the provider. it was just assess, assess, assess, assess, get it filled, get it filled. what do you mean get it filled? just get the property filled, get tenants in the property, we need to start claiming rent.
armed police cordoned off the street a few months later when four masked men were seen running out of arcam house, one wielding a machete. all of the residents were immediately told to stay in their homes, doors and windows locked, not to come out until the police told them they could exit their properties. it was absolutely devastating for this community. mark taylor was a housing officer working for my space at the time. he says he d been told to fill arcam house, and quick. i had issues from the get go with arcam. it always felt too rushed. with vulnerable tenants, their housing benefit is usually paid direct to the provider. it was just assess, assess, assess, assess, get it filled, get it filled. what do you mean get it filled? just get the property field, get tenants in the property, we need to start claiming rent.