MoS: By nominating it as his second home, he was able to claim for the mortgage interest payments under the now-infamous Commons’ Additional Costs Allowance (ACA).
NotW: By naming it as his second home he was able to claim around £20,000 a year for the mortgage interest payments under the now-discredited second home allowance.
MoS: Just four months after securing the £350,000 mortgage, Mr Cameron paid off the £75,000 loan on his London home, taken out only six years earlier.
NotW: Yet just four months after securing the mortgage he paid off a £75,000 loan on his London home, which he had taken out six years earlier.
MoS: There is no suggestion that he broke any rules.
NotW: There is no suggestion he broke the rules.
MoS: But mortgage experts say that if he had kept the loan on his London home and borrowed £75,000 less on the Oxfordshire property, taxpayers could have been saved more than £22,000 between 2002 and 2007.
NotW: But if he had KEPT the loan on his London home and borrowed £75,000 LESS on his Oxfordshire home, mortgage experts say he could have saved taxpayers over £22,000.
Shoddy. On the substance, the Tories deny any wrongdoing – see the MoS story for details. I lack the nous to adjudicate, but just wanted to point out how crap some journalism is.
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