"Savills is auctioning £7.2m worth of former social housing. Photograph: Stefan Wermuth/Reuters
Tenants opposed to the social cleansing of city centres will protest outside an auction at a luxury hotel where property developers and private landlords will bid for £7.2m worth of former social flats and houses.
Nearly one in 10 of the lots, which are being auctioned by leading estate agent Savills at the Marriott hotel in London’s Grosvenor Square on Monday, are former social housing, with 14 lots being sold by housing associations and six by councils.
They include three housing association flats in Croydon, two housing association flats in Camberwell and a housing association house in Harlesden. These three areas have more than 7,000 families in temporary housing and 104 people sleeping on the streets, according to the most recent government figures.
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In the last Savills auction in February, more than 15% of the lots were sold by social landlords, including a two-bed housing association flat in Bayswater sold for £603,000 and a housing association flat in Paddington belonging to a woman who was forced to move after her housing benefit was cut by the so-called bedroom tax.
These sales are part of a wider trend that has seen some housing associations sell off social housing in high-value inner city areas in order to fund new developments, which tenants claim are frequently let at close to market rents, or even sold on the open market to private buyers.
One, one of the country’s biggest housing associations, Genesis, is at the forefront of this commercial drive. The 32,000-home landlord, which operates across London, has four lots listed for sale. In February, Genesis listed 22 lots of social housing, including a two-bedroom flat in Maida Vale sold for £417,000, a one-bedroom flat in Notting Hill sold for £401,000 and a flat in Kilburn sold for £450,000"