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MPs' second homes

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    MPs' second homes

    So are we all agreed that the housing market is still dead?

    If so, and we have a General Election in July, as the rumour-mill is suggesting, what happens to all the out-of-work MPs with a couple of mortgages and no incomes?

    Foreclosures, bankruptcy? Or will they get extra expenses to cover it????

    #2
    Originally posted by SillyMilly View Post
    So are we all agreed that the housing market is still dead?

    If so, and we have a General Election in July, as the rumour-mill is suggesting, what happens to all the out-of-work MPs with a couple of mortgages and no incomes?

    Foreclosures, bankruptcy? Or will they get extra expenses to cover it????
    I believe that beaten MPs receive a tax-free sum.

    Comment


      #3
      I think the 60 odd k resettlement grant might ease the pain a bit.

      Comment


        #4
        Originally posted by ASB View Post
        I think the 60 odd k resettlement grant might ease the pain a bit.
        According to the BBC website it's 50-100% of final salary

        Comment


          #5
          My heart bleeds for them.
          'elf and safety guru

          Comment


            #6
            60K won't go far towards the average mortgage......especially if it's in London.

            Interesting times! Joanna Lumley and the lady on QT last night get my vote.

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