BNPParibusUK failed to carry out due diligence before partnering with London & Quadrant Housing Association, a huge unregulated & unaccountable £1bn charity business with a terrible reputation for bullying & almost universally loathed by its own tenants & homeowners alike. Currently concealing fire safety information too. L&Q has stated its aim is to be biggest social landlord in Europe & most recently it acquired Manchester based housing association ,it intends to remotely manage from London even though it doesnt manage its existing properties in South East region properly or seem to be performing very well. well. L&Q is a huge extremely ruthless & predatory corp butits financially & reputationally over exposed.A bad moral & social responsibility call,for BNPPARIBUSUK to invest in this rogue HA as it just landed the Housing Regulator in court but more generally a really unwise decision as L&Q is bound to make negative headlines , just matter of when not if. Watch this space for BNPParibusUK being forced by events to explain how it was duped by false impressions of success. BNBPPARIBUSUK has social responsibility to link funding to reform. BNPPARIBUSUK seem most reluctant to acknowledge L&Q's problems or those it habitually& largely unnecrsarily imposes on others.
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