Labour MP Emily Thornberry accused of 'hypocrisy' after her husband made £500k profit on home bought from housing association

Wealthy judge Sir Christopher Nugee paid £572,000 for the townhouse at auction in 2007.

It was on the market as part of an “excess” social housing sell-off, a practice which Labour opposes.

The property in Islington, North London — which Ms Thornberry’s brother Ben lives in — has since doubled in value to more than £1million.

The revelation, in a TV probe into fatcat bosses of “greedy” housing associations, led Tory chairman Brandon Lewis to accuse the Islington South and Finsbury MP of “pocketing the profits from a policy Labour want to scrap”.

Ms Thornberry’s spokesman said the housing association sold the properties as they were “no longer a cost-effective use of their limited budget”.

He added: “She has consistently argued for an increase in the provision of social housing.”

Channel 4’s Dispatches found housing associations have made over £400million from selling 1,600 properties, and at least 179 bosses earn more than the PM.

  • Dispatches, Channel 4, Monday July 16, 8pm

    GOT a story? RING The Sun on 0207 782 4104 or WHATSAPP on 07423720250 or EMAIL [email protected]

Source: Read Full Article