Wednesday, 8 July 2015

Is Your MP A Landlord? There's A 1 In 5 Chance

The first Register of MPs' Interests of the new parliament was published last week. A comb through the data reveals that there are 126 residential landlords in Parliament. Landlords make up only 3% of the population but they are represented by 19% of the House of Commons (the same proportion of the UK population who rent privately). This is actually down from 153 at the end of the last Parliament, though the Guardian reported that was up on the 2010 figure. The register also reveals that another 10 MPs let out commercial land and property, and indicate that a further 88 own a second home that they don't let out (at least at a rent above the £10,000/year threshold). Read more on the Generation Rent website.

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