Showing posts with label taxpayer-funded mortgage. Show all posts
Showing posts with label taxpayer-funded mortgage. Show all posts

Saturday, May 30, 2009

Is There ONE Honest Politician to Be Found ANYWHERE?

MAIL Online: David Cameron has now been dragged personally into the expenses row as it was revealed that he paid off a loan on his London home shortly after taking out a £350,000 taxpayer-funded mortgage on his constituency house.

The disclosure followed a powerful call by the Tory leader for the 'full force of the law' to be deployed against MPs who have abused allowances.

Following a Mail on Sunday investigation Mr Cameron could now face searching questions about his own expense claims.

He took out the £350,000 mortgage - close to the maximum amount that can be claimed for - to buy a large house in Oxfordshire in August 2001, two months after winning his Witney seat in the General Election.

By nominating it as his second home, he was able to claim for the mortgage interest payments under the now-infamous Commons' Additional Costs Allowance (ACA). David Cameron Took Out Maximum Taxpayer-funded Mortgage - Then Paid Off Own £75k Loan Four Months Later >>> Glen Owen | Saturday, May 30, 2009