Mark Pack

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

By | Sat 10th April 2010 - 5:20 pm

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.

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