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  • Property-a-holics

    Landlord issued with largest ever penalty



    A landlord has been hit with a bill of some £500,000 after illegally dividing a property into eight tiny flats.

    Farook Owadally, 55, bought the property – a shop with a maisonette above –  in Maida Vale, London, for £965,000 in 2008.

    He then converted the entire property, from its basements to its third floor into flat, some of which were just one small room. He did so without planning permission.

    Over ten years, he made huge profits by charging the tenants in each flats monthly rents of £1,000, said the council.

    Several flats did not meet minimum size requirements, and one was just 18 square metres.

    This month, after a prolonged investigation, at Southwark Crown Court, Owadally was ordered to pay a £400,000 confiscation order under the Proceeds of Crime Act plus a £90,000 fine and £40,000 costs.

    Westminster Council said it was the largest such fine it had ever imposed. It said that Owadally had ignored warnings over a period of seven years, with enforcement notices dating back to 2012.

    Full/source article 

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