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juvenal

Retiring Mp's Cash In On Hpi And Tax-Payer Funding.

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http://www.dailymail.co.uk/news/article-3010917/Retiring-MPs-line-make-9-MILLION-profit-selling-taxpayer-funded-second-homes.html

We paid out - they cash in.....

Don't they get a goodbye/relocation big bung as well?

All the 'departure' allowances can add up to six figures sums per MP - plus the generous pension...

Nice work if you can get it..

Edited by juvenal

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Didn't they change the rules to disallow MPs owning second homes at taxpayer expense?

So wouldn't that make it their landlords getting the money? As with others on expenses (including benefits)?

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http://www.dailymail.co.uk/news/article-3010917/Retiring-MPs-line-make-9-MILLION-profit-selling-taxpayer-funded-second-homes.html

We paid out - they cash in.....

Don't they get a goodbye/relocation big bung as well?

All the 'departure' allowances can add up to six figures sums per MP - plus the generous pension...

Nice work if you can get it..

You can get it, just stand in an election and the chance is there for (almost) anyone

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Didn't they change the rules to disallow MPs owning second homes at taxpayer expense?

So wouldn't that make it their landlords getting the money? As with others on expenses (including benefits)?

They did change the rules, as you say.

As far as I understand it, taxpayers no longer pay mortgage interest on MP's second homes. But those who bought London houses/flats decade(s) ago for peanuts and (since the expenses scandal) now have to pay their own mortgage interest are those who can now cash in the proceeds of London HPI. In many cases hundreds of thousands.

Not to mention that those homes were often taxpayer renovated, and furnished (via John Lewis) on expenses.

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Didn't they change the rules to disallow MPs owning second homes at taxpayer expense?

So wouldn't that make it their landlords getting the money? As with others on expenses (including benefits)?

Didn't the MPs then just buy and rent to eachother instead? Had the same effect.

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Yes but I buy a house and I pay the mortgage and then and rent it to you and you claim the rent on expenses and then you buy a house and you pay the mortgage and then rent it too me and I claim the rent on expenses. Job done. There was a newspaper article about MPs who rented property to each other.

Like the Boswells.

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If anyone has any reasons to wonder why the Westminster cartel constantly fail to do anything about HPI, your questions have been well and truly answered by this piece of journalism. The shameless venality is quite shocking, even after the expenses scandal broke, the sense of entitlement is repugnant.

We really do need a massive revolutionary reform of our political system, less MP's and social blocks for these civil servants to reside in while they work in London, no second home allowances, no ridiculous expenses and very public criminal investigations of corruption of any type whilst in office, this total misuse of public funds and trust needs to stop, now.

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We really do need a massive revolutionary reform of our political system, less MP's and social blocks for these civil servants to reside in while they work in London, no second home allowances, no ridiculous expenses and very public criminal investigations of corruption of any type whilst in office, this total misuse of public funds and trust needs to stop, now.

Nope.

Every MP should be required to live and work full-time[1] in the constituency they purport to represent. Conferencing using our IT infrastructure, and meeting face-to-face in an occasional conference (maybe three weeks in a year) hosted in conference venues around the country. An allowance of - say - £200/day+travel for those face-to-face meetings would be huge reduction in those expenses.

[1] In the same sense as professional people in general, so with a reasonable holiday allowance, and bona-fide personal and business travel.

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Nope.

Every MP should be required to live and work full-time[1] in the constituency they purport to represent. Conferencing using our IT infrastructure, and meeting face-to-face in an occasional conference (maybe three weeks in a year) hosted in conference venues around the country. An allowance of - say - £200/day+travel for those face-to-face meetings would be huge reduction in those expenses.

[1] In the same sense as professional people in general, so with a reasonable holiday allowance, and bona-fide personal and business travel.

I actually like your solution :)

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