Prime Minister and Chancellor cash in while claiming to support renters

Prime Minister and Chancellor cash in while claiming to support renters

10:09 AM, 8th November 2024, About 2 months ago 6

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The Prime Minister is raking in thousands as a landlord, despite avoiding commenting on whether landlords are considered ‘working people.’

According to reports in the Telegraph and the Daily Mail, new ministerial declarations reveal Sir Keir Starmer is the ‘owner of [a] let family home’ in London.

The Prime Minister is not the only landlord in the cabinet after reports from the Telegraph revealed Chancellor Rachel Reeves and her husband are earning a combined rental income of £74,000.

Renting out his home in North London

Ministerial documents reveal the Prime Minister is renting out his north London home after moving into Downing Street (rent-free) following Labour’s election victory.

Sir Keir, his wife Victoria, and their two children used to live in Kentish Town in a house they bought in 2004 for £650,000 — now worth nearly £2 million.

Similar homes in the area for rent are between £3,000 and £5,000 a month.

The Daily Mail reports the property has undergone extensive renovation including a loft conversion involving the installation of two rooflights and a dormer window.

Plagued by black mould

Labour has the most landlord MPs in Parliament, with 44 landlords, according to the Financial Times.

Despite claiming to be ‘on the side of renters,’ the party faced criticism when Jas Athwal, Labour MP for Ilford South, admitted his rental properties were plagued by ant infestations and black mould.

Mr Athwal later apologised and said that although his properties are managed by a letting agent, he would be terminating the agent’s contract.


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Downsize Government

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11:12 AM, 8th November 2024, About a month ago

So what's Keir going to do when he gets kicked out of downing street and he can't move back into his old property because there are no fixed tenancies anymore?

Markella Mikkelsen

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11:28 AM, 8th November 2024, About a month ago

He might have to wait for 18 months while the court processes his Section 8 :)))))

JB

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15:31 PM, 8th November 2024, About a month ago

I hope he has tenants from hell so he can experience what many landlords have to put up with.

Stella

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16:49 PM, 8th November 2024, About a month ago

Reply to the comment left by Downsize Government at 08/11/2024 - 11:12
When Keir gets kicked out of Downing Street he does not have to worry about getting his house back, he could probably live rent free at Lord Alli's 18m penthouse.

Desert Rat

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3:49 AM, 9th November 2024, About a month ago

If Reeves tenant stops paying rent and she has to go through the courts to get them out, it would make my day.

Let them both reap what they sow.

The icing on the cake would be Starmers tenant refusing to move out and he has to take it through the courts for a year or 2. ( I know it will never happen, but wishful thinking).

Stella is probably correct and his mates will bail him out.

The thoughts of him being homeless just puts a big grin on my face.

Unfortunately I don't own any houses in London but It would give me great satisfaction to tell him that I would not rent my house to him as an asylum seeker needs it.

Cider Drinker

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12:11 PM, 9th November 2024, About a month ago

Reply to the comment left by Downsize Government at 08/11/2024 - 11:12
Labour politicians will all be significantly wealthier by the end of the single term in office. It’s always the case regardless of political colour.

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