I make no apologies for doing well and have helped build many more homes

I make no apologies for doing well and have helped build many more homes

15:16 PM, 2nd August 2021, About 3 months ago 6

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Shaz Nawaz, the Labour Party Councilor for Peterborough Park Ward, has come under attack from the Peterborough Tenants Union claiming they were ‘disappointed’ that under his profession as an accountant he was instructing clients how to maximise their profit from property investment.

Mr Nawaz describes himself as: Entrepreneur, Accountant, Speaker, Author, Property Investor and City Councillor. Who likes cars, cricket and good conversations. Father of 3. Views are my own (I think!)

Mr Nawaz hit back saying he has “consistently called for action to tackle homelessness and the shortage of decent affordable housing in our city, including a recent election pledge to build 3,000 new council houses.

“Yes, I have done well in my business in the last 12 months and I make no apologies for that. I have built many more homes during a nationwide shortage of housing, a proportion of which will be rented out by housing associations in Lincolnshire at affordable rates.

“I have helped many tenants become first-time buyers through my advice, something that millions of working people in our country continue to aspire to. I have also supported my own valued tenants throughout the pandemic and can say honestly that I have never had a single complaint because I make it my business to ensure my tenants and their families are able to enjoy the homes.”

“I am not ashamed of my business performance. My parents moved to Britain to create a better life for their family. I have used that opportunity to better myself and, through hard work and perseverance, I now have a decent business and employ and sub-contract to over 100 people who live mainly in and around Peterborough.”

“I am proud of the Labour group’s record on challenging the Conservative-made housing crisis in Peterborough and we will continue to call for action on this and campaign on policies that will finally begin to tackle this crisis if implemented.”



Comments

by Mark Alexander

6:25 AM, 3rd August 2021, About 3 months ago

Good on him!

Now if he was the labour leader I might even consider voting for them!

by Mark Smith (Barrister-At-Law)

9:34 AM, 3rd August 2021, About 3 months ago

Not sure how tenants would suffer from having a landlord whose business is more efficiently structured. Shaz would not advise a client to how to make more profit by raising the rent. In fact, a business with an optimal structure is going to create less pressure to raise rents.

by Alistair Cooper

10:27 AM, 3rd August 2021, About 3 months ago

I suspect the 'attack' is from within, ie: other Labour Party members or supporters.
Having served for 8 years as a Labour Councillor in St Albans myself my 1997-2005 in roles including the Chair of Plans (Central) I am sadly used to ill thought through comments attacking any kind of financial success from within my own ranks.
Like Shaz I am rightly proud of the hundreds of tenants I have had the opportunity of providing safe clean and good value accommodation to over the last 33 years, a challenge many councils themselves struggle to rise to.
Organizations including Shelter and Tenant Unions consistently struggle to understand the role Private Sector Landlords play in providing quality housing and the clear fact that the percentage of disrepair cases is far higher in the 'public' sector.
Attacking the landlord, good or bad, has simply become a national sport spurred along by all mainstream political parties, all desperate to attract 'generation rent'. They however end up damaging the very supply of quality accommodation by encouraging more quality landlords to give up and leave the market in return doing a grave dis service to the very same tenants they claim to act as advocate for.

by Chris @ Possession Friend

11:07 AM, 3rd August 2021, About 3 months ago

Pure jealousy and communist ideologies coming to the fore from the Labour party.

by Mick Roberts

15:42 PM, 5th August 2021, About 3 months ago

I met me MP 2 weeks ago (he knows me well) & he said U got Lamboghini have u-He was laughing, not in bitterness-And I said Yes, but guess what. No one come & felt sorry for me when I was driving a van for 20 years.

Many of us on here with multiple houses have gone without to start with to have it later.
And if many of my tenants are paying £150 a month less than market average rents, then I can still hold me head high.

Alistair says it all. Licensing & UC are making me wealthy. They are removing my competition & giving me an income for life which I don't want. I want to sell most of my houses now, but can't cause the tenants can't move cause of Govt UC & Nottingham Council Selective Licensing.

by Mr smartt

13:22 PM, 7th August 2021, About 3 months ago

He is an expert accountant and very good at what he does, he has worked hard for it, however I am mindful of Labour pushing the tories to introduce massive tax hikes on landlords in the form of S24 so quite frankly find it hard to trust any of them.


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