A Tory Mp Said He Quit His Ministerial Role Because He Could Not Afford To Pay His Mortgage On A Salary Of £118,300

[Hymie]

It should be fairly easy to get a 4x salary mortgage, which would mean he could buy a property valued at a shade under half a million – but I suppose if he told the mortgage broker that within less than a year he will be thrown out of his job, and has no discernable abilities that would make him employable by anyone but McDondal’s, I can understand his position.

https://www.bbc.co.uk/news/uk-england-norfolk-68133873

[Hymie]

by only McDonald's

[newmodarmy]

There's a clue in the article in your link.

"Mr Freeman, who spent more than a decade in the life sciences and technology sectors before entering Parliament, will be able to make more money outside of government."

[Hopkirk]

Surely mortgage providers want to see dome sort of job security.

[andres]

I thought an MPs salary was  about £86,500 ? The extra  up to £118,300 for staff, offices, expenditure etc.

[THECORBYLOON]

He was paid more because he was a government minister. 

[andres]

^^^ thanks