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 hours ago 2

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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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11:12 AM, 8th November 2024, About An hour 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 58 minutes ago

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

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