However, the company defaulted on a £2.1m loan from the historic London bank C Hoare & Co, which appointed receivers to sell the property at auction.over the £1.24m cost of an eight-month overstay in the hotel’s £4,725-a-night penthouse, appointed his friends Helen Lawton and Bechara Madi to the board of Winston’s House and agreed the cut-price rent deal with them.: “The property is occupied under a common law tenancy at a rent of £250 per annum.
Madi said this week: “It’s our home, for the short term and for the long term. We will be putting our Christmas tree and decorations up in the next few days. We are going nowhere. “We have spent a lot of our own money on the upkeep of the house, it’s our home and we have no plans to move,”, adding that they had put a share of their money into the company that bought the house. “We are not tenants, we have a major share in the house and have put in hundreds of thousands of pounds of our own money.”
Someone should tell them.
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