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Miliband only leader to pay mansion tax

Ed-Miliband.jpegEd Miliband is the only political leader who would be required to pay mansion tax, according to research by Zoopla.

The research shows Miliband’s north London home is valued at £2.73m, more than three times the average in the area. Both prime minister David Cameron’s west London home and Nick Clegg’s south London house fall just short of the £2m threshold for the proposed tax, valued at £1.97m and £1.89m respectively. UKIP chief Nigel Farage’s Kent residence is valued at £550,000.

Miliband has seen the value of his home increase by £1m since the coalition came to power. Cameron’s home has risen in value by £671,000 and Clegg’s by £573,000 during the same period.

alex.horne@estatesgazette.com

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