Mutley,
You couldn't be more wrong me old.
Michael Portillo, as Defence Secretary, sold the ENTIRE MQ estate to Japanese Bankers, for approx £2 billion. They set up a company called Annington Homes. Annington homes and the Japanese Banks now own all the remaining MQ estates and have done since about 1996.
The DHE (Defence Housing Executive) is an MOD agency to oversee the running of the service use of these (private) estates.
As part of the agreement, short sighted I know, Annington Homes has the RIGHT to sell off a certain number of homes per year. Eventually there will be absolutely no Quarters left for the DHE to manage.
Since the sharp rise in house prices, Annington have been selling off houses at a faster rate than was originally expected. Can't blame them, it was a purely profit driven plan for them. And very nicely they are doing too.
The DHE have to fall in with Anningtons plans I am afraid!!
