Records show Cherie Blair and son Euan added homes in Whalley Range to their burgeoning residential portfolio before 1 April landlord tax kicked inCherie Blair and her eldest son,Euan, appear to beget added recently to the family’s property empire, and with files for their company showing they took out a mortgage on four flats in the north-west shortly before a fresh tax for landlords and second homebuyers came into force.
Records for Oldbury Residential show that it registered a charge with Companies House,related to four properties in the Whalley Range area of Manchester, a suburb a couple of miles from the city centre current with young professionals. The flats are each likely to bring in around £500 a month in rent, or a total of £24000 a year before tax. Continue reading...
Source: theguardian.com