Martin Bashir lost £125,000 when he sold his London house in a hurry

Martin Bashir lost £125,000 when he sold his £1.9m London house in a hurry to the boss of saucy lingerie firm Coco de Mer amid Princess Diana interview scandal

  • Records show Martin Bashir made a £125,000 loss when he left London last Nov
  • Lucy Litwack, owner of underwear brand Coco de Mer, snapped up the house 
  • The price was £125,000 lower than the £1,925,000 Bashir paid five years ago

Selling his house in a hurry to a lingerie executive meant Martin Bashir made a £125,000 loss, records show.

The BBC’s religion editor packed up and left London in a rush last November, as the scandal raged over his Princess Diana interview.

Lucy Litwack, owner of luxury underwear brand Coco de Mer, snapped up the house for £1.8million, according to filings at the Land Registry.

Martin Bashir, the BBC’s religion editor, sold the house in a hurry as the scandal raged over the Princess Diana interview

Lucy Litwack, owner of luxury underwear brand Coco de Mer, snapped up the house for £1.8million, according to filings at the Land Registry

She scooped a bargain, because the price is £125,000 lower than the £1,925,000 that Mr Bashir and his wife paid for the north London townhouse five years earlier.

Miss Litwack, 46, is well known for her business acumen. 

She was a senior executive at lingerie brand Victoria’s Secret before joining Coco de Mer as managing director in 2014 and then leading a City buyout in 2017.

Lucy Litwack was a senior executive at lingerie brand Victoria’s Secret before joining Coco de Mer as managing director

Since taking the helm at Coco de Mer, she has presided over rising profits, including an uplift in sex toy sales during lockdown.

The house sale went through on Monday, November 16, two days before the BBC announced an inquiry into how Mr Bashir clinched his famous Panorama interview with Diana in 1995.

The BBC reporter moved out at the height of the furore over rogue tactics he allegedly used to trick the princess. Two large removal vans appeared at his front door on the Friday before the sale. The two-storey house had not been known to be listed on the market and neighbours seemed to know little about the move, prompting speculation it was a panic sale.

The BBC’s religion editor packed up and left his London home (pictured) in a rush last November, as the scandal raged over his Princess Diana interview

Although he is still the BBC’s religion editor, Mr Bashir, 58, went on sick leave last summer after being hit by coronavirus and later having a quadruple heart bypass operation, and he has not appeared on screen since.

He privately told work colleagues the Princess Diana scandal was a ‘sad way to retire’. 

He and his wife have bought a retirement home outside London. There was no comment yesterday from Miss Litwack.

Source: Read Full Article