Letting agents ran drugs factory

Two men who ran a lettings agency in south London, Aidan Lynch, 51, and Jason Smart 47, were both  jailed for a total of eight years last Friday at Woolwich Crown Court, an accomplice Patrick McArdle, 37, was jailed for five years and six months for conspiracy to produce cannabis and another seperate charge.

The estate agency Home to Home was being used as a front to a cannabis growing operation,  police estimated that  the factories could have had an annual revenue of more than £2million. The leading detective on the case reportedly called it a “long and complex investigation” ran through a “very sophisticated operation”.

The premises was found to be using electricity with a complex heating, lighting and ventilation system installed,  the electricity meter at the address was being bypassed and was controlled through a fuse box.

Police searched the office of Home to Home estate agents and the accused homes, no tenancy agreement for the Crystal Palace property could be found and a number of documents were seized from the offices, more than £60,000 of cash was found at Lynch’s home address, which he could not account for.

Over the period  of the investigation at least seven properties that had been managed by Lynch at Home to Home estate agents had been used as cannabis factories.

Detective Constable Kirsty Marchi, the investigating officer from Lewisham, reportedly said: “This was a very long and complex investigation.

“I am pleased we have put a stop to their criminal enterprise; the owners of the properties who placed their trust in Lynch had no knowledge that he would use their premises in order to produce drugs.”

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Rightmove logo
Breaking News

Highest ever price gap between first-time buyer and second-stepper home

Latest Rightmove data shows that the price gap between a typical first-time buyer home and a second-stepper home is at its highest ever, increasing cost pressures on those looking to trade up: The average asking price for a 3-4 bedroom, typical mid-market second-stepper home is 52% more than a 0-2 bedroom, typical first-time buyer home…
Read More
Estate Agent Talk

Mortgage Rates and Human Behaviour: Why Small Changes Create Big Reactions

By Sarah Thompson, Group Financial Services Director, Mortgage Scout Mortgage rates have returned to the headlines in recent weeks, with some lenders pushing products back above 5%. Renewed market volatility has been driven in part by global uncertainty, including the conflict in the Middle East and its impact on energy markets and investor confidence. Yet…
Read More
Breaking News

Nearly six in ten UK property purchases trigger AML red flags

Nearly six in ten UK property purchases now require further scrutiny under anti-money laundering (AML) rules, according to new data from client due diligence platform Thirdfort. Analysis of more than 415,000 completed Source of Funds (SoF) checks found that 57.7% of transactions contained at least one red flag, with an average of two flags per…
Read More
Breaking News

Vanishing act of sub-4% fixed rate mortgages

A cut to Bank of England Base Rate (BBR) looks increasingly unlikely, with the upheaval in mortgage re-pricing leading to a vanishing act of sub-4% fixed mortgages, according to Moneyfactscompare.co.uk analysis. Mortgage market analysis The pool of lenders offering a sub-4% fixed rate deal has taken a significant blow. All of the biggest banks, namely…
Read More
Estate Agent Talk

Government’s Home Buying and Selling Reform

Will the Government’s Home Buying and Selling Reform Consultation Increase or decrease the speed at which the market moves? Kevin Shaw, National Sales Managing Director, LRG The government’s consultation on Home Buying and Selling Reform is a step in the right direction. It recognises what every estate agent and conveyancer already knows: property sales take…
Read More
Letting Agent Talk

The Draft Leasehold and Commonhold Reform Bill

Content and clarification Comment from the Association of Leasehold Enfranchisement Practitioners (ALEP) By Shabnam Ali-Khan – Partner, Russell-Cooke Following the rushed Royal Assent of the Leasehold and Freehold Reform Act 2024, further controversy has arisen. In the King’s Speech on 17 July, the new Leasehold and Commonhold Reform Bill was announced, but the full details…
Read More