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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

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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

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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

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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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