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

Planning disputes on new build land
Breaking News

Glamping sites rank as Britain’s most expensive land type

The latest data from LandSale, the property portal dedicated to land and rural property, reveals that glamping sites currently hold the highest price for land investment opportunities in Britain, with an average listing value of over £1.1m LandSale has analysed its internal data to see what kind of development and investment opportunities are currently available…
Read More
Estate Agent Talk

Fast track to London: The Essex villages offering country living and commuter convenience

For London buyers looking to exchange city life for more space, greenery and a stronger sense of community, Essex offers an appealing combination of countryside living and convenient connections into the capital. The rise of hybrid working has changed what buyers expect from a commuter location, and rather than simply searching for the shortest possible…
Read More
Breaking News

‘Spider season’ hits UK bedrooms

‘Spider season’ hits UK bedrooms – expert shares FIVE expert tips on keeping eight-legged visitors at bay As autumn sets in, millions of UK households are bracing themselves for ‘spider season’, the surge of male spiders entering homes in September and October in search for a mate. One of the most common places that spiders…
Read More
Estate Agent Talk

Good-view homes command 81% premium

The latest research from UK Property Development (UKPD) reveals that new-build homes that boast a good view command an average price premium of 81.4% compared to overall new-build prices, with the premium in London approaching 110%. UKPD has analysed the estimated average asking price of new-build homes in England marketed as offering a ‘good view’,…
Read More
Christmas Decorations - Good or Bad for Selling
Breaking News

Want to Be in Your New Home by Christmas?

Moving house can be a complex and stressful process, with delays at various stages potentially putting completion dates at risk. Government data shows that the average home purchase takes around 120 days to complete, while around one in three property sales fall through, costing sellers an estimated £400 million each year. With Christmas now just…
Read More
what is happening to house prices
Estate Agent Talk

Help Buyers to get Britain Building

Tim Foreman, Managing Director of Land and New Homes, LRG, comments: It is clear that Labour cannot meet its housing ambitions just through planning reform. It is imperative that Andy Burnham uses time at the upcoming Labour Party Conference to back a targeted successor to Help to Buy – one that restores demand without repeating…
Read More