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Evening Standard
Evening Standard
World
Anthony France and Jonathan Prynn

Sir Keir Starmer pays off mortgage on his £2million London townhouse

Sir Keir Starmer no longer has a mortgage on his £2 million townhouse in north London.

The Prime Minister and wife Lady Starmer paid off the Barclays Bank loan taken out on their four-bedroom property in Kentish Town, official documents show.

The couple, who have two children, are now in the top one-third of English homeowners who don’t have to make mortgage or rent payments.

The terraced house the Starmers bought for £650,000 in 2004 officially became mortgage-free on September 16, the Daily Mail reports.

Publicly available Land Registry title deeds - seen by the Standard - were updated to show the loan has been “discharged”, meaning the high street bank no longer retains any rights.

Since owning the property, the Starmers have carried out renovations including a loft conversion involving the installation of two rooflights and a dormer window, according to the Mail.

The property, which is in a sought-after area, is now estimated to be worth £2 million.

Last July, a Tory MP accused Sir Keir, 62, of an “absurd” attempt to show “solidarity” with ordinary working class people after he implied he shares the pain of soaring interest rates.

At an event for the New Statesman, the then-Labour leader declared: “Yes, we have a mortgage and ours has just gone up.”

“Mortgage free” - Sir Keir Starmer and his wife Victoria (PA Wire)

Sir Keir and his most senior ministers have been embroiled in a row about accepting donations to pay for their clothes from prominent Labour donor and peer Lord Alli.

The Arsenal fan has also come under pressure over free football tickets at the Emirates Stadium and concert seats.

Sir Keir was head of the Crown Prosecution Service as director of public prosecutions from 2008 to 2013.

Added to his £1m gold-plated pension pot, the PM is personally believed to be worth around £3m.

He is entitled to two annual salaries - one as a constituency MP and the other for being PM - totalling £166,786.

His wife Victoria, 50, works in the NHS in occupational health, having previously been a solicitor. According to The Sunday Times, her salary is believed to be up to £50,000 pro rata.

Downing Street was approached by the Standard for comment.

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