Annington Homes

(asked on 30th January 2018) - View Source

Question to the Ministry of Defence:

To ask Her Majesty's Government what savings the Ministry of Defence expected to make out of sales of unwanted service housing and reduction in rent negotiated with Annington Property Ltd for the financial years (1) 2018–19, (2) 2019–20, and (3) 2020–21.


Answered by
Earl Howe Portrait
Earl Howe
Shadow Deputy Leader of the House of Lords
This question was answered on 7th February 2018

The Ministry of Defence (MOD) is forecasting sales receipts for surplus service family accommodation in the range of £1.75 - £2 million in 2018-19.

No other sales are currently programmed for subsequent years.

As part of the 1996 sale and leaseback arrangement with Annington Property Ltd, the MOD negotiated a 58% discount against market rent. A rent review is due with Annington Property Ltd in 2021.

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