The family of the late Captain Sir Tom Moore has been compelled to reduce the price of their lavish country estate yet again, as reported by the Mirror.
Initially, the relatives of the lockdown hero attempted to capitalise on his fame by listing the expansive seven-bedroom mansion for an eye-watering £2.25 million, even featuring a photograph of Captain Tom's knighthood ceremony with the Queen in 2020 within the online advertisement. However, after failing to attract buyers, they knocked down the price by £250,000.
Now, merely three months later, they've slashed another £50,000 off in a desperate attempt to sell it. A source disclosed: "It's a blow for the family who have been trying to sell the property for months."
Previously, the online listing showcased a bust commemorating Captain Tom's remarkable fundraising walk during the pandemic, positioned prominently in the main hallway. Yet, the property was withdrawn from the market following criticism over the management of the charity founded in his honour.
In January, the Marston Moretaine home in Bedfordshire was relisted with a guide price just above £2 million, this time without any reference to Captain Tom in the promotional images. This week, the asking price was further reduced to £1.95 million, reports the Mirror.
The current listing omits any mention of the war veteran's charitable achievements and does not name his daughter Hannah Ingram-Moore, aged 53, or her husband Colin, aged 66. It simply notes: "The vendors have owned the property for 18 years and have undertaken a comprehensive programme of improvement and renovation."
In November, the couple faced criticism from a watchdog for pocketing over £1million in his name. They reaped substantial financial gains from their association with a charity - the Captain Tom Foundation - which they established in 2020, according to a report.
The Charity Commission revealed that its investigation into the foundation exposed "repeated failures of governance and integrity" by trustees Mr and Mrs Ingram-Moore. Captain Tom, a Second World War veteran, raised nearly £39m for charity during the pandemic by walking 100 lengths of his garden before his 100th birthday in April 2020.
He was knighted a few months later and passed away at the age of 100 in 2021.
The statutory inquiry by the Charity Commission discovered a "misconduct and/ or mismanagement [was a] repeated pattern of behaviour" of "misconduct and/or mismanagement" by the Ingram-Moores. It also stated that sales of Captain Tom's autobiography, Tomorrow Will Be A Good Day, did not benefit the Captain Tom Foundation.
In the prologue, he wrote about being given "the chance to raise even more money for the charitable foundation established in my name". However, an advance of £1.4m for the three-book deal was paid to Club Nook, where the Ingram-Moores serve as directors.
The commission stated that the charity "hasn't received any money from the first publishing agreement". It added that the public "would feel misled" upon discovering that the charity did not profit from the book sales.
In a shock 2023 confession, Mrs Ingram-Moore admitted pocketing profits from book sales and revealed they had no deal to give this revenue to charity. She even eyed a £150,000 salary prior to taking over as boss of the charity, according to the commission's damning report.
The oversight body also slammed the couple for misusing the foundation's name in an application for a lavish spa pool at their posh Bedfordshire pad, a blunder they blamed on their hectic schedule. Significant weight was given by planners to claims the construction was for charity use when permission was granted. But then came a council crackdown demanding its demolition.
After being stripped of their right to serve as charity trustees, the Ingram-Moores blasted the exposure of the book deal as an invasion of privacy. In their fiery rebuttal, they claimed to be victims of "selective storytelling" by the authorities, painting themselves as "unfairly and unjustly" maligned and alleging a heavy-handed probe that's left their reputation in tatters, disrupting their mission to uphold Captain Sir Tom's legacy amidst a family health crisis.