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

Breaking News

Real-life value of the most famous Christmas film homes

The real-life value of the most famous Christmas film homes, from budget classics to multimillion-pound mansions New research has gathered and analysed the estimated valuations of real homes featured in popular Christmas films, ranking them by cost. The priciest homes are featured in The Holiday, Trading Places, and Home Alone, with Amanda’s home from The…
Read More →
Estate Agent Talk

77% of buyers refuse to buy a flood risk property

Despite 4.7 million English homes facing flood risk New research from Lyons Bowe has revealed that 77% of homebuyers would not consider purchasing a property in a flood risk area, despite more than 4.7 million homes across England currently being deemed at risk of flooding. The findings come as the Government launches a new flood taskforce amid…
Read More →
Letting Agent Talk

Poor Communication becomes Expensive at Scale

The hidden cost of fragmented property management By Adam Hills, Client Services Director, LRG Living Markets A landlord asks for an update on a repair. The property manager asks the contractor, who is waiting for access from the tenant. Meanwhile, the accounts team has received an invoice but cannot tell whether the work is complete.…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

When Estate Agents Decide to Go Solo

Leaving an established estate agency to work independently gives experienced agents more control over fees, client service and working hours. It also brings responsibility for compliance, cash flow and every part of the customer experience. Before handing in your notice, test the idea against realistic sales volumes, local competition and the amount of time you…
Read More →
Estate Agent Talk

What Should Buyers Ask Before Reserving a New Build?

Research from Skipton Building Society has found that 44% of aspiring first time buyers would rather buy a new build than an older property, with just 30% favouring an older build. Modern fittings and appliances were the biggest draw, cited by over half of those who preferred a new build, alongside the promise of lower…
Read More →
Breaking News

The UK cities with the largest property price increases revealed

A new study has unveiled the most challenging UK cities for first-time buyers. Newry leads Northern Ireland’s ranking, with a property price increase of 12.8%, while Hull leads Great Britain’s ranking, recording an increase of 6.6%. The research examined data from HM Land Registry to reveal the cities that have faced the highest property price…
Read More →