Chancellor of the exchequer Jeremy Hunt has come under fire after his plans to extend his £1.7 million London home were reported.
He has submitted a planning application to Westminster City Council for various works to be done on the four-storey town home in Pimlico, which he bought in 2010.
Despite applying in September, the Liberal Democrats and Green Party have recently criticised Mr Hunt, saying he is “out of touch” with the public.
Co-leader of the Green Party Adrian Ramsay said: “For many, the current economic crisis has left people choosing whether to heat their homes or put food on the table.”
He added: “But for the richest, life appears to go on in a completely normal fashion.”
The Evening Standard revealed a heritage design and access statement for the application, which stated intentions to increase residential floorspace in the property. This includes making bedrooms bigger, remodelling the internal space, and adapting the lower ground floor to include a larger bedroom.
The council has not yet made a decision on whether the work can go ahead on the home, which could be worth twice as much now.
According to the Land Registry, the average house price has increased from £174,458 in January 2010 to £295,000 in September 2022, a rate of growth of 69 per cent. Therefore, Mr Hunt’s property could currently be worth as much as £2.87 million.
This comes after the chancellor announced the Autumn Statement last week, which included plans to increase taxes by £25 billion, and reduce public spending by £30 billion.
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