Tuesday, Oct 27, 2009

MPs to be told to rent second homes

BBC: MP mortgage claims 'to be banned'

MPs will be banned from claiming the cost of mortgages on their second homes under proposals being put forward, sources have told the BBC. It is understood the Kelly committee, which has been reviewing MPs' expenses, will recommend that MPs will only be able to rent second homes in future. It is also expected to recommend that MPs will not be able to employ family members in the future.

Posted by krustyatemyhamster @ 08:28 PM (1069 views)
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1. devo said...

"I'll shut the stable door darling... oh dear, the horse appears to have escaped!"

Tuesday, October 27, 2009 08:38PM Report Comment

2. str 2007 said...

So who's name can they put their own house in to then rent it back ??

Maybe they could rent off each other.

There must be away around this little conundrum.

Tuesday, October 27, 2009 08:40PM Report Comment

3. devo said...

There must be a way around this little conundrum.

Like the rest of us, they'll wait for the crash, then try to pick up the pieces.

Tuesday, October 27, 2009 08:47PM Report Comment

4. eyeoftheweasel said...

Suspect they'll all be renting second homes off each other at rates well above what they'd get on the market, and employing each other's relatives to 'work' from home at well above market wage levels.

Tuesday, October 27, 2009 09:38PM Report Comment

5. Browneconomy said...

I love the phrase they use "phase in over the next 5 years!'
Public opinion says they should repay the money they have stolen (sorry, received) over the LAST 5 years!

Wednesday, October 28, 2009 08:09AM Report Comment

6. will said...

Any pay rise limits ?

Wednesday, October 28, 2009 09:33AM Report Comment

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