>The UK health secretary, Jeremy Hunt, has apologised after it was discovered he made errors over the purchase of luxury flats on England’s south coast.
Hunt said his failure to declare a business interest with both Companies House and the parliamentary register of MPs’ interests was down to “honest administrative mistakes” and that he did not gain financially as a result.
The Daily Telegraph said Hunt failed to notify Companies House of his 50% interest in Mare Pond Properties Limited – something that took him six months to rectify.
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He also did not inform the parliamentary register of members’ interests of his share in the business within the 28-day time limit, according to the publication.
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>It is claimed Hunt set up the company with his wife, Lucia Guo, to buy seven properties in the Ocean Village development in Southampton on 7 February.
>The UK health secretary, Jeremy Hunt, has apologised after it was discovered he made errors over the purchase of luxury flats on England’s south coast.Hunt said his failure to declare a business interest with both Companies House and the parliamentary register of MPs’ interests was down to “honest administrative mistakes” and that he did not gain financially as a result.The Daily Telegraph said Hunt failed to notify Companies House of his 50% interest in Mare Pond Properties Limited – something that took him six months to rectify.
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>He also did not inform the parliamentary register of members’ interests of his share in the business within the 28-day time limit, according to the publication.
>
>It is claimed Hunt set up the company with his wife, Lucia Guo, to buy seven properties in the Ocean Village development in Southampton on 7 February.
Easy thing to honestly make mistake about.
I’m not surprised.
Most likely the majority of English & Scottish constituency based MPs over the age of 40 are also landlords. Whether openly or covertly through intermediaries.
I mean. Unless they clarify that as tens of thousands, earning “thousands” could be as little as having 1-2 apartments to rent, which wouldn’t be egregious.
“Earning” is a strong word I wouldn’t associate with a landlord.
Damn, imagine you finally find somewhere to rent, your landlord turns up and it’s the Deportation Goblin herself, Suella Braverman.
Quelle surprise…wealthy bastards buy property to make even more money..
Shocked /s
I mean, would I find it ridiculous that 5 out of 15 members of cabinet have more than one house (as I’d be assuming they live a house they own)? Not particularly- as I’d imagine them to be pretty senior politicians. Would I find that to be egregious? Probably not either.
If they’re earning tens of thousands a month, then yeah, it starts being pretty egregious.
TL;DR Wealthy people and Landowners are making bank off properties and off people with their bigger pile of accumulated cash.
Paired with the increase in cash build up during the pandemic it’s no wonder homeownership is down as the wealthy will just buy your house among other assets and resources.
10 comments
And somehow there no conflict of interest when passing laws…
For those with short memory:
[https://www.theguardian.com/politics/2018/apr/13/jeremy-hunt-sorry-for-luxury-flat-purchase-errors](https://www.theguardian.com/politics/2018/apr/13/jeremy-hunt-sorry-for-luxury-flat-purchase-errors)
>The UK health secretary, Jeremy Hunt, has apologised after it was discovered he made errors over the purchase of luxury flats on England’s south coast.
Hunt said his failure to declare a business interest with both Companies House and the parliamentary register of MPs’ interests was down to “honest administrative mistakes” and that he did not gain financially as a result.
The Daily Telegraph said Hunt failed to notify Companies House of his 50% interest in Mare Pond Properties Limited – something that took him six months to rectify.
>
>
He also did not inform the parliamentary register of members’ interests of his share in the business within the 28-day time limit, according to the publication.
>
>It is claimed Hunt set up the company with his wife, Lucia Guo, to buy seven properties in the Ocean Village development in Southampton on 7 February.
Easy thing to honestly make mistake about.
For those with short memory:
[https://www.theguardian.com/politics/2018/apr/13/jeremy-hunt-sorry-for-luxury-flat-purchase-errors](https://www.theguardian.com/politics/2018/apr/13/jeremy-hunt-sorry-for-luxury-flat-purchase-errors)
>The UK health secretary, Jeremy Hunt, has apologised after it was discovered he made errors over the purchase of luxury flats on England’s south coast.Hunt said his failure to declare a business interest with both Companies House and the parliamentary register of MPs’ interests was down to “honest administrative mistakes” and that he did not gain financially as a result.The Daily Telegraph said Hunt failed to notify Companies House of his 50% interest in Mare Pond Properties Limited – something that took him six months to rectify.
>
>He also did not inform the parliamentary register of members’ interests of his share in the business within the 28-day time limit, according to the publication.
>
>It is claimed Hunt set up the company with his wife, Lucia Guo, to buy seven properties in the Ocean Village development in Southampton on 7 February.
Easy thing to honestly make mistake about.
I’m not surprised.
Most likely the majority of English & Scottish constituency based MPs over the age of 40 are also landlords. Whether openly or covertly through intermediaries.
I mean. Unless they clarify that as tens of thousands, earning “thousands” could be as little as having 1-2 apartments to rent, which wouldn’t be egregious.
“Earning” is a strong word I wouldn’t associate with a landlord.
Damn, imagine you finally find somewhere to rent, your landlord turns up and it’s the Deportation Goblin herself, Suella Braverman.
Quelle surprise…wealthy bastards buy property to make even more money..
Shocked /s
I mean, would I find it ridiculous that 5 out of 15 members of cabinet have more than one house (as I’d be assuming they live a house they own)? Not particularly- as I’d imagine them to be pretty senior politicians. Would I find that to be egregious? Probably not either.
If they’re earning tens of thousands a month, then yeah, it starts being pretty egregious.
Here is a report on [who’s won and who’s paid](https://www.ippr.org/research/publications/who-wins-and-who-pays) during covid-19. You can see the effects of the report still happen today.
TL;DR Wealthy people and Landowners are making bank off properties and off people with their bigger pile of accumulated cash.
Paired with the increase in cash build up during the pandemic it’s no wonder homeownership is down as the wealthy will just buy your house among other assets and resources.