Labour MP Chris Bryant made £649,500 in gross profit – Paid by YOU the taxpayer??

The Wales Online website has reported on yet another MP sitting handsomely on tonnes of property equity and cash thanks to the tax payer whom of course are not even respected enough to have their democratic vote respected hence the cesspit of a mess within the current government and house of commons / lords that we have today.

Anyway, it seems to be good news for Chris Bryant, Labour MP who is reported by Wales Online to have made a nice tidy sum of £649,500 in gross profit having sold two London flats and even rented out one of the flats when the rules changed helping him to claim £84,350 from the taxpayer to live somewhere else – Yes, you couldn’t make it up.

Who wouldn’t want to be an MP – It is a licence to print money it seems and also allows you to disrespect the actual people that voted you in as Chris Bryant was reported to have voted to remain in the EU “Chris Bryant voted for a permanent and comprehensive United Kingdom-wide customs union with the European Union.” whereas his constituency voted to leave by a majority of 53.7% to 46.3%.

Campaigners have demanded MP’s who have made profits from selling homes they’ve benefited from taxpayer support to run pay back the cash – Parliamentary rules though state that politicians are entitled to keep the money. Bryant declared that he had not profited from the taxpayer as he had owned the property prior to becoming an MP.

Full story on the Wales Online website.

EAN Breaking News

Breaking News. Have a new story to share with us? Then please get in contact today!

You May Also Enjoy

Estate Agent Talk

What to know when buying land

The closure of UK Land & Farms (UKLAF) has left a significant gap in the UK’s specialist land market with buyers and sellers now forced to adapt after 18 years of relying on UKLAF as the cornerstone of the industry. As interest in land continues to grow, the company says the closure also serves as…
Read More
Letting Agent Talk

Tenant demand strong, landlord supply shrinking

New RICS data shows tenant demand at its strongest in over a year – while landlord supply keeps shrinking. That’s not bad luck. It’s a trust problem, and it’s fixable. “These numbers should be good news for landlords. Demand is the strongest it’s been in over a year. Instead, they are deciding to head for…
Read More
Letting Agent Talk

Why Join a Letting Agents Association?

Why Every Letting Agent Should Join a Professional Body The lettings industry continues to evolve, with new legislation, increasing compliance requirements and higher expectations from landlords and tenants alike. For letting agents, staying informed and operating to recognised professional standards has never been more important. Joining a letting agents association provides far more than a membership…
Read More
Breaking News

House price growth remained subdued in July

UK annual house price growth slowed to 1.8% in July, from 2.2% in June House prices were up 0.1% month on month Average time in a home is 14 years: 24 years for those owning outright and 5 years in private rented sector Three quarters of moves were within same tenure type in 2024/25 Headlines…
Read More
Breaking News

Rent hikes and tighter tenant checks as landlord costs climb

Rising costs are prompting 63% of professional landlords to raise rents, prioritise lower-risk tenants and reassess portfolios Renters face a more expensive and more selective rental market as professional property investors respond to re-emergence of realistic gilt yields, rising operating costs and regulatory change by increasing rents and reassessing tenant risk and selection criteria, according…
Read More
Rightmove logo
Breaking News

North-South divide for time to move as Londoners see longest wait

New analysis reveals a north-south divide in the time it takes to move home: In London it takes 174 days on average to go from agreeing a sale to completing a move, whereas it takes 141 days in the North East Scotland is the fastest part of Great Britain at 98 days, due to the…
Read More