Cameron submits expenses for scrutiny
Monday 01 June 2009
David Cameron's claims for mortgage interest on his second home will be examined by his own scrutiny panel in the same way as every other Tory MP's, he promised yesterday.
Questions have been raised about why the Conservative leader took out a taxpayer-funded mortgage on his second home at around the same time that he cleared the mortgage on his first home, which he could not claim for from parliamentary expenses.
Mr Cameron took on a £350,000 mortgage to buy a home in his Witney, Oxfordshire, constituency shortly after he was elected to the Commons in 2001. He reclaimed approximately £20,000 a year in interest payments.
He also sold his Kensington property for £1,150,000, making a profit of £935,000, having paid off the original £75,000 loan, and bought another London home. Asked yesterday whether he would be defending his expenses claim before the scrutiny panel he has set up to judge other Tory MPs, Mr Cameron said: "Of course. The scrutiny panel looks at every single Conservative MP."
But he denied suggestions that he could have saved the taxpayer thousands of pounds if he had reduced the amount he borrowed to buy his second home instead of paying off the Kensington mortgage.
He said the claims he submitted were actually less than he was paying in mortgage interest, and even if he had got interest payments down below the permitted maximum, he would then have been entitled to claim other costs of running his Witney home.
"I don't think what is being said that somehow I could have reduced the claim on the taxpayer, I don't think that's right," he told BBC1's Politics Show.
- 1 Belgium fan Axelle Despiegelaere lands L'Oreal campaign after World Cup viral photo
- 2 Why I'm on the brink of burning my Israeli passport
- 3 Israel-Gaza conflict: ‘Sderot cinema’ image shows Israelis with popcorn and chairs 'cheering as missiles strike Palestinian targets'
- 4 Blackest is the new black: Scientists have developed a material so dark that you can't see it...
- 5 Iraq crisis: How Saudi Arabia helped Isis take over the north of the country
Scottish independence: Scots of Corby take matters into their own hands in mock referendum - and deliver overwhelming verdict
Protesters fight to save Arturo, the polar bear sweltering in baking hot zoo
Fry ‘criticises Operation Yewtree in dinner party rant’ calling for tougher laws to deter false sex abuse allegations
Supermoon 2014 in pictures: Moon appeared bigger and brighter at the weekend
Saharan remains may be evidence of first race war, 13,000 years ago
Sustained immigration has not harmed Britons' employment, say government advisers
War is war: Why I stand with Israel
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
Socialist Worker called to apologise over ‘vile’ article saying Eton schoolboy Horatio Chapple's death is ‘reason to save the polar bears’
Emergency data law: David Cameron plots to bring back snoopers’ charter
NUT strike: David Cameron announces crackdown on strike action ahead of mass industrial action
Not Specified: Recruitment Genius: One of the UK's most progressive and innova...
£40000 - £45000 per annum + competitive: Progressive Recruitment: SQL Develope...
£40000 - £50000 per annum + benefits: Progressive Recruitment: This exciting c...
Negotiable: Deerfoot IT Resources Limited: Business Analyst - Horsham, West Su...