Keir Starmer turns into a landlord after transferring into Downing Street | Politics | News | EUROtoday

Keir Starmer has grow to be a landlord since getting into Downing Street, it has been revealed.

Released for the primary time for the reason that normal election, the brand new register of pursuits outlines any conflicts of pursuits ministers could have, together with former jobs, the roles of companions and relations, and different sources of revenue.

Under the Prime Minister’s entry, it revealed that Sir Keir Starmer is now letting out his Camden townhouse after it grow to be vacant following his household’s transfer to Downing Street.

This means he’s now one in all Britain’s latest landlords, placing himself at odds with warnings that Labour’s renting reforms will drive suppliers from the housing market.

Sir Keir and his spouse Victoria had lived of their Kentish Town home since 2004, initially bought for £650,000 in 2004 however now price practically £2 million.

Similar sized townhouses within the space go for between £3,000 and £5,000 a month, suggesting Starmer is now raking in a sizeable second revenue.

The Prime Minister earns £79,990 a yr, on high of his £91,346 MP wage.

Ministerial salaries have been frozen in 2015 by David Cameron, which means they’ve shrunk significantly in actual phrases over the previous 9 years.

Sir Keir joins Rachel Reeves, whom it was revealed final month is making £74,000 a yr in rental revenue from two properties.

These embody her household residence since transferring into No11 Downing Street, a 4 bed room property in South London, for £3,200; and a central London two-bed flat for £3,000 a month.

Ms Reeves confronted criticism following the revelation, after landlords and second residence house owners described her Budget because the “final nail in the coffin” for the buy-to-let sector.

In 2022 Keir Starmer raked in £400,000 after promoting seven acres of green-belt land in Oxted, Surrey, behind his dad and mom’ former residence.

He was later discovered to have breached the MPs’ code of conduct by failing to register the sale of the plot of land, nonetheless he bought away with a minor slap on the wrist.

As effectively because the Downing Street flat, Sir Keir can be awarded the best to make use of grace-and-favour properties together with Chequers and Dorneywood.