Letter to the Clerk of the Committee from
the Parliamentary Relations and Devolution Team, Foreign and Commonwealth
Office
QUARTERLY REPORT
OF ESTATE
SALES
My letter of 11 October 2005 enclosed a list
of properties that the FCO had sold in the first quarter of the
Financial Year 2005-06. In accordance with Sir Michael Jay's commitment
in July 2004 to send the Committee regular reports, I am enclosing
a further report which shows that only one property was sold in
the second quarter of the Financial Year 2005-06.
As with previous tables, the figure shown is
the gross sales proceeds. Transaction costs will vary, but can
be expected to average 6-8%. The property involved was not the
residence of a Head of Mission.
Chris Stanton
Parliament Relations and Devolution Team
19 January 2006
FCO PROPERTY SALES FOR THE PERIOD 1 JULY
TO 30 SEPTEMBER 2005
| Post | Type of Property
| Gross Sales Receipts £ |
| 29 September 2005 | Lisbon |
Residential | 800,000 |
| | |
|
Gross Sale Proceeds £800,000
| 
