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The [pounds sterling]20million man; That's what aides say Blair will earn in five years after leaving No 10... so no wonder he got a mortgage 15 times his salary.
From:
The Mail on Sunday (London, England)
| Date:
November 7, 2004
| COPYRIGHT 2004 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Byline: JASON LEWIS
TONY Blair signed a secret book deal to secure a mortgage on his new [pounds sterling]3.65 million London home, it was claimed last night.
The extraordinary 'future earnings' deal enabled the Prime Minister and his wife to borrow more than six times their combined annual income to buy the property.
The highly unusual loan went through even though Mr Blair's [pounds sterling]178,000 salary is not enough to cover interest payments...