Margaret Moran makes £177,000 profit on tax-payer funded house

MPs’ expenses – the scandal that just keeps on giving:

MPs’ expenses: Margaret Moran sells taxpayer-funded Luton home for £177,000 profit

The MP for Luton South, who was suspended from the Parliamentary Labour Party over the expenses and lobbying scandals, bought the semi-detached property for £72,995.

She “flipped” her second home designation to the house for just one year but in that time used £22,341 of public money on it, which included the installation of a new central heating system and bathroom, a complete overhaul of the garden and the redecoration of several rooms…

Her three-bedroom house is now being sold for £250,000, making her a £177,005 profit on a house that was improved substantially by public money. (Telegraph)

Andy Strange, a Lib Dem activist in Luton, has an excellent blog on which he’s recounting the Luton South campaign where the Liberal Democrat candidate is Qurban Hussain, who has a very strong chance of taking the seat.

Read more by or more about , , , or .
This entry was posted in News.
Advert

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

If you are a member of the party, you can have the Lib Dem Logo appear next to your comments to show this. You must be registered for our forum and can then login on this public site with the same username and password.

To have your photo next to your comment please signup your email address with Gravatar.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?

Advert



Recent Comments

  • Peter Martin
    Should be "MMTers generally don’t go along with the deregulation of the financial sector that we’ve seen in the last 30 years"...
  • Peter Martin
    @ Joe, I didn't mention that the Covid pandemic has also caused a reduction to supply so this has to be included as a factor. A combination of pent up demand...
  • Joe Bourke
    Paul Johnson of the IFS published an article on the self-employed It’s time we stopped tre...
  • Nick Baird
    I was up there today, and we are pushing on an open door. The Christmas party thing is cutting through with ordinary voters, and they are not happy that the Tor...
  • Peter Davies
    Presumably you are talking about care home residents who are not regarded as tenants. As I said, Tenants have some security. Care home residents have none. That...