Property News · March 16, 2016

It’s not just Blair raking in rental profits. Nearly a third of MPs are landlords | Jonn Elledge


For the many people who can’t afford to buy, it’s galling that so many MPs are profiting from renters – and have an interest in keeping house prices highOh, Tony Blair. You don’t make it easy for the left to like you, do you? It was bad enough when it was just ID cards, cuddling up to selected dictators, and the occasional bout of war – but since he left office, he’s really gone over to the dark side. Now, it seems, the Blair family are buy-to-let landlords, too.For those who may have missed this truly shocking development, here’s a quick recap. A Guardian investigation published this week found that the Blairs own at least 10 houses and 27 flats, worth an estimated £27m between them. Some of these are just the sort of properties that any self-respecting family possesses: an £8m family home in London, a £750k country pile, a £1m-plus property for each of the Blair’s three grown-up children … I mean, we’ve all got at least one of those, right? Continue reading…

Source : theguardian.com
Read more…It’s not just Blair raking in rental profits. Nearly a third of MPs are landlords | Jonn Elledge

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