Tuesday, 19 January 2016

Number Of MP Landlords Has Risen By A Quarter Since Last Parliament

The number of MPs supplementing their incomes by acting as landlords has risen by a quarter since the last parliament, with David Cameron and George Osborne among those earning extra money by renting out properties. Almost a third of MPs are now letting out their houses or flats, with 196 declaring rental income on the official register of interests this year. The majority of those are earning more than £10,000 a year from the property, topping up their basic MP’s annual salary of £67,060. The Conservative party has the highest number of landlord MPs at 128, meaning 39% of Tory MPs are landlords, compared with 26% of Scottish National party MPs and 22% from Labour. Read more on the Guardian website.

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