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

Home gym can add more than £24,500 to the value of a new-build home

The latest research from UK Property Development has revealed which sought-after features can add the most value to a new-build home, with dedicated wellness spaces and premium interior finishes commanding the largest price boosts. The research analysed the estimated potential uplift in value associated with some of today’s most desirable new-build features, applying each uplift to…
Read More
Breaking News

Beachfront homes command £1.4m as Britain’s love affair with the seaside endures

The latest research from LandSale, the property portal dedicated to land and rural property, has found that beachfront homes continue to command a substantial premium across Great Britain, with the typical property carrying a £1.395m asking price, more than five times the average British house price. LandSale analysed its own internal market data for beachfront…
Read More
Estate Agent Talk

Four to five houses is the sweet spot for first-time buyers

House hunting before the stress kicks in Just 20% of us feel excited on a first property viewing, rising to 47% by viewings 4 to 5 There’s a U shape trajectory of excitement when it comes to the viewing process However, there is a gradual rise in stress levels the more properties viewed Overall just…
Read More
Estate Agents should not all look the same
Letting Agent Talk

Opinion: Why Letting Agents Are The Cape-Wearing Heroes Landlords Need 

By Sally Lawson | Agent Rainmaker Let’s be honest – no landlords signed up to become compliance officers, legal experts, or legislative gurus. They signed up to invest in property. And yet, the weight of the regulatory obligation that’s landed on their shoulders has never been heavier.  And that’s even before the Renters’ Rights Act…
Read More
Letting Agent Talk

Void periods ease following RRA implementation, but remain higher than a year ago

The latest analysis by property management specialist, Rushbrook & Rathbone, has found that average rental void periods across England have eased since the implementation of the Renters’ Rights Act (RRA) in May, suggesting that landlords are beginning to adapt to the new legislative landscape. The firm believes many are using this period of change as…
Read More
Estate Agent Talk

76% of Poor Conveyancing Experiences Feature Communication Issues

Konnect You analysis finds that communication issues feature in more than three in four poor conveyancing experiences, with missing updates, slow responses and repeated chasing emerging as common frustrations. Communication problems, including limited updates, delayed responses and repeated chasing, featured in 76% of poor home-mover conveyancing experiences analysed by Konnect You. The findings suggest communication is a major factor in how home movers experience delays.…
Read More