HC Deb 17 November 1930 vol 245 c72W
Mr. MILLS

asked the hon. Member for Carlisle, as representing the Ecclesiastical Commissioners, whether, seeing that the income from the Bishop of London's Paddington estate amounted last year to about £50,000 sterling, he can state how much it was in 1920, 1910, and 1900, respectively?

Mr. MIDDLETON

The accounts appended to the Ecclesiastical Commissioners' annual reports to Parliament show that the amounts received by them from the Paddington estate were (for the year preceding 1st November in each case) as follow:

£
1929 48,271
1920 22,861
1910 19,752
1900 15,398

The increased receipts have arisen partly from the falling into possession of properties of the smaller class, now in consequence managed directly by the Estate Trustees and well maintained, but chiefly from new leases and renewals of leases of houses of the richer class at greatly increased rents over the former ground rents. The property in the area of which the conditions have been adversely criticised is held against the Commissioners and the Estate Trustees on a lease for 2,000 years on terms settled in the year 1812, when the area was bare land and the ground rent receivable by the Commissioners and the Estate Trustees represents the value of the bare land, and does not amount in respect of each house since erected thereon by the lessees or their sublessees.

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