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A quarter of Tory MPs are private landlords
By: []
Date: None
A quarter of all Conservative MPs are landlords making money from private property.
Analysis by openDemocracy has revealed that 90 Tory MPs boost their income by at least £10,000 a year thanks to rental properties.
The landlords include Boris Johnson, who started renting out his Grade II-listed cottage in Oxfordshire last month, having reportedly advertised it at £4,250 a month.
The prime minister also part-owns houses in London and Somerset, which he also rents out.
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Jacob Rees-Mogg, the leader of the House of Commons, earns rental income from a farmhouse, land and other buildings in Somerset, as well as from a residential property in London.
Other landlords include Sajid Javid, the new health secretary, defence secretary Ben Wallace, and the government’s chief whip, Mark Spencer.
In total, 115 (18%) MPs across all parties have declared earning money from rent, with Tories making up the vast majority. This compares to around 3% of the UK’s adult population, meaning MPs are roughly six times more likely to be landlords.
The percentage of landlords rises to 27% among MPs appointed as ministers or whips – including seven of the 25 MPs who attend Cabinet.
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