David Cameron 'has earned £500,000 in private rent since becoming Prime Minister'

The allegations come days after Conservative MPs voted against an amendment to the Housing Bill which would require landlords to ensure homes are suitable for "human habitation"

The Prime Minister has reportedly earned the sum whilst living in 10 Downing Street (Rex)

David Cameron has earnt up to £500,000 in rent whilst Prime Minister, it has been reported.

According to The Mirror, since moving into 10 Downing Street in May 2010 when he first became Prime Minister, Mr Cameron has been letting out his home in the luxury London district of Notting Hill.

A similar property in the area can be rented for £1,750 per week. This would suggest that if Mr Cameron’s property were to be let for a similar rate, he would have received an estimated £500,000 in rent over the course of the past 67 months.

Research released earlier this week revealed that a growing number of MPs are landlords. 128 Conservative MPs (39 per cent) are now landlords, followed by 26 per cent of SNP MPs and 22 per cent of Labour MPs.

Chancellor George Osborne has also been revealed as renting out a residential property in London since 2011.

Earlier this week, a government Housing Bill was criticised for “signalling the end of the road for affordable housing.” Conservative MPs voted against an amendment which would require that landlords ensure rented properties were “fit for human habitation.”

The bill will also see the introduction of “pay to stay” fees for residents of council housing who earn more than £30,000.

Lifelong tenancies of social housing will be phased out and replaced with contracts lasting between two and five years, which campaigners say will result in greatly reduced security for residents.

The Independent has contacted David Cameron for comment.