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Topic: Re:Re:Ealing Councillor's Loan
Posted by: Alan Fairclough
Date/Time: 26/03/15 10:57:00

From what I've been told the Bell's did not buy the property they acquired back in 2007 but were gifted it by elderly relatives. They may have also taken on a mortgage debt at the time.

Ignoring for now the uncomfortable fact that a well connected local politician has at some time in the past managed to secure tenancy of a large family house on a subsidised rent which are as rare as hen's teeth in the borough it is possible to feel a degree of sympathy for Mr Bell's current predicament.

It might seem like a dream come true to be given a house but it is a mixed blessing for a Labour Councillor. If he gave up his social housing tenancy to live in the property he would have lost the revenue he gained from renting it out. In addition if the person who gifted it to him died within seven years of making the gift then he probably would have been hit with a substantial inheritance tax bill.

Also, he seems to have taken on financial responsibility for the care costs of an elderly relative - presumably this is because although the property has been gifted, the local authority still treat it as an asset of the original owner when it comes to calculating care costs. These may be continuing to accumulate.

Obviously to be completely above reproach he should have handed back the keys to the housing association property and moved into the home that was gifted to him. However, it is possible to have some sympathy with his decision not to - as well as losing the rent and risking a big inheritance tax bill he has a job which he can't assume he will keep for the long term. I'm sure some ambitious rival in the local Labour party is watching this scandal carefully with a view to making a move to take over as Council Leader (and get the salary that goes with the job).In this scenario Julian Bell could effectively lose hundreds of thousands of pounds and end up with substantially higher housing costs and a mortgage he doesn't have the income to pay. Most people in his position would have done the same thing as he did and kept the social housing.

Entire Thread
TopicDate PostedPosted By
Ealing Councillor's Loan22/03/15 17:58:00 John Martin
   Re:Ealing Councillor's Loan22/03/15 18:50:00 Andrew OSullivan
      Re:Re:Ealing Councillor's Loan22/03/15 19:09:00 John Martin
         Re:Re:Re:Ealing Councillor's Loan22/03/15 19:56:00 Andrew OSullivan
         Re:Re:Re:Ealing Councillor's Loan22/03/15 19:56:00 Nigel Brooks
            Re:Re:Re:Re:Ealing Councillor's Loan22/03/15 21:54:00 John Martin
               Re:Re:Re:Re:Re:Ealing Councillor's Loan23/03/15 15:32:00 Nigel Brooks
                  Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan23/03/15 15:45:00 John Martin
                     Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan23/03/15 16:22:00 Nigel Brooks
                        Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan23/03/15 16:45:00 John Martin
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan23/03/15 16:58:00 Nigel Brooks
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan23/03/15 18:08:00 Nigel Brooks
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan23/03/15 19:38:00 John Martin
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan23/03/15 21:33:00 Nigel Brooks
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan24/03/15 08:29:00 John Martin
   Re:Ealing Councillor's Loan26/03/15 10:25:00 John Martin
      Re:Re:Ealing Councillor's Loan26/03/15 10:57:00 Alan Fairclough
         Re:Re:Re:Ealing Councillor's Loan26/03/15 12:03:00 Nigel Brooks
            Re:Re:Re:Re:Ealing Councillor's Loan26/03/15 12:43:00 Alan Fairclough
            Re:Re:Re:Re:Ealing Councillor's Loan26/03/15 12:49:00 john martin
               Re:Re:Re:Re:Re:Ealing Councillor's Loan26/03/15 13:01:00 Nigel Brooks
                  Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan27/03/15 01:00:00 John Martin
                     Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan27/03/15 01:19:00 John Martin
                        Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan27/03/15 09:34:00 Alan Fairclough
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan27/03/15 09:55:00 John Martin
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan27/03/15 10:17:00 Alan Fairclough
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan27/03/15 10:33:00 John Martin
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan28/03/15 14:02:00 Alan Fairclough
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan28/03/15 19:55:00 John Martin
                                          Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan28/03/15 20:06:00 Nigel Brooks
                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan28/03/15 21:26:00 John Martin
                                                Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan29/03/15 20:26:00 John Martin
                                                   Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan30/03/15 16:38:00 Anita Blake
                                                      Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan30/03/15 22:23:00 John Martin
                                                         Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan31/03/15 18:08:00 Dan Evans
                                                            Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan31/03/15 18:32:00 Nigel Brooks
                                                            Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan31/03/15 19:49:00 John Martin
   Re:Ealing Councillor's Loan31/03/15 21:28:00 Claire Moran
      Re:Re:Ealing Councillor's Loan31/03/15 22:22:00 John Martin
         Re:Re:Re:Ealing Councillor's Loan31/03/15 23:01:00 Nigel Brooks
            Re:Re:Re:Re:Ealing Councillor's Loan31/03/15 23:12:00 John Martin
         Re:Re:Re:Ealing Councillor's Loan31/03/15 23:06:00 John Martin
            Re:Re:Re:Re:Ealing Councillor's Loan01/04/15 21:13:00 John Martin
               Re:Re:Re:Re:Re:Ealing Councillor's Loan01/04/15 21:15:00 John Martin
                  Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan01/04/15 22:12:00 John Martin
                     Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan06/04/15 23:57:00 Andrew OSullivan
                        Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan07/04/15 08:57:00 John Martin
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan15/04/15 21:12:00 John Martin
                        Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan07/04/15 09:52:00 Nigel Brooks
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan07/04/15 10:09:00 John Martin
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan07/04/15 10:43:00 Nigel Brooks
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan15/04/15 21:21:00 Claire Moran
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan15/04/15 21:38:00 John Martin
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan15/04/15 21:19:00 Claire Moran
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan17/04/15 05:03:00 John Martin
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan28/08/15 01:33:00 Angela White
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan28/08/15 06:07:00 John Martin
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan28/08/15 08:56:00 Angela White
                                          Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan28/08/15 09:09:00 John Martin
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan28/08/15 10:20:00 Gary Malcolm
   Re:Ealing Councillor's Loan28/08/15 09:12:00 John Martin
      Re:Re:Ealing Councillor's Loan28/08/15 10:29:00 Angela White
         Re:Re:Re:Ealing Councillor's Loan28/08/15 11:36:00 Gary Malcolm
            Re:Re:Re:Re:Ealing Councillor's Loan28/08/15 12:27:00 John Martin
               Re:Re:Re:Re:Re:Ealing Councillor's Loan28/08/15 15:05:00 Andrew OSullivan
                  Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan28/08/15 15:54:00 Brian May
                     Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan30/08/15 15:57:00 Brian May
                        Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan30/08/15 16:02:00 Keith Iddon
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan30/08/15 16:07:00 Carl Wynne
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan30/08/15 16:37:00 Brian May
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan31/08/15 16:28:00 Brian May
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan31/08/15 18:26:00 John Martin
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan09/09/15 19:37:00 Brian May
                                          Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan09/09/15 19:55:00 Peter Millman
                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan09/09/15 20:09:00 Claudia Jachtmann
                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan09/09/15 20:14:00 Angela White
                                                Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan09/09/15 20:41:00 Claire Moran
                                                   Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan09/09/15 22:06:00 Brian May
                                                      Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Ealing Councillor's Loan09/09/15 22:39:00 Claire Moran

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