Wonder how much Swire’s second home is worth now – but is it the one in mid-Devon or the one in London? Is Neil Parish’s second home his London pad or his Somerset farm?
“Boris Johnson’s Oxfordshire farmhouse has soared in value to £1.2million – but the taxpayers who helped him buy it won’t see a penny.
Boris’s nest egg is one of 170 “second homes” owned by current and former MPs that have shot up by £100million.
Many were bought in flashy Central London postcodes before the 2000s boom – some have quadrupled in value.
The average growth is £570,000 for each of the 170 MPs, before costs and tax, if the properties were sold today.
Boris bought his country pile in 2003 after he was elected MP for Henley.
He paid £640,000 for it and has since seen its value rise by £560,000, or 88%.
Boris designated it his second home, meaning between 2004 and 2008 he claimed £77,957 in mortgage interest. He continued to own it throughout his two-year stint living at taxpayers’ expense while Foreign Secretary.
Of the MPs’ properties the Mirror has uncovered, the top five increases in value were all owned by Tories. …”
https://www.mirror.co.uk/news/politics/boris-johnson-among-170-mps-14272830
East Devon Watch 