Oh Dear, But My Sympathy Is Muted.

[Canary42]

https://uk.yahoo.com/news/jacob-rees-mogg-mortgage-gone-064953516.html

[ToraToraTora]

what's your point? Anyone with a variable mortgage is paying more.

[barry1010]

He isn't whinging about it, he answered a question.

[naomi24]

He's not asking for sympathy. He answered a question.

[FatticusInch]

Not sure how genuine he is, I’m just trying to envisage what sort of mortgage something a better worth of £150 million has got? Variable? Fixed rate?

[Kardashev]

"Variable? Fixed rate?" - a cursory examination of the above would seem to indicate that his mortgage has risen. One therefore can assume it is variable.

[gulliver1]

He is asking for his personal wealth not to be discussed in Public.
In case it damages the already heavily damaged image of the Tory Party.

[naomi24]

//In case it damages the already heavily damaged image of the Tory Party. //

Is that the reason he gave, Gulliver .... or did you make it up?

[Canary42]

I think you know the answer to that naomi, LOL

[naomi24]

Yes indeed. He does say some silly things.

[Gromit]

JRM is a multi-millionaire.

https://spearswms.com/what-is-jacob-rees-moggs-net-worth/

Why does he have a mortgage at all ?

[youngmafbog]

His mortgage has gone up, he hasnt moaned just answered a question.

So what?

[youngmafbog]

//Why does he have a mortgage at all ?//

Clearly you have never run a business or looked at a set of accounts and probably have no clue about cash flow.

Someone in his position can easily be net rich but cash poor.

[naomi24]

Gromit, Sometimes it's more financially astute to borrow money rather than to spend it.

[ToraToraTora]

gromit; "Why does he have a mortgage at all ?" - Same reason anyone has, they want to buy a place that they don't have the liquid cash for.

[FatticusInch]

youngmafbog
//Why does he have a mortgage at all ?//

/Clearly you have never run a business or looked at a set of accounts and probably have no clue about cash flow.

Someone in his position can easily be net rich but cash poor/

Clearly you have no concept of the real world.
Is JRM trying to pass himself off as comparable to the men in the street?

https://www.opendemocracy.net/en/opendemocracyuk/jacob-rees-moggs-new-brexit-post-make-him-richer/

But I’m sure his windfall will negate his ‘increased mortgage’.

https://amp.theguardian.com/politics/2022/sep/23/jacob-rees-mogg-in-line-for-potential-windfall-from-sale-of-somerset-capital

Must be awful to be so cash poor.

[Gromit]

Us mere mortals are worried because our home mortgage repayment are going up.
Imagine being in Jacob’s position with several properties to pay for?
His most recent purchase, a £5Million property in staggering distance from the HoP, in one of the most affluent boroughs in the country, must be a big burden on his meagre pennies.

[ToraToraTora]

You really should consider getting that 4x2 removed from your shoulder gromit.