Angela Rayner’s constituency home may have been worth substantially less than the £650,000 valuation under which she sold a stake to her disabled son’s trust to buy a seaside flat, it emerged yesterday.
The former Deputy Prime Minister bought the detached house in Ashton-under-Lyne, Greater Manchester, for £375,000 in 2016 along with her then husband, Mark.
When they divorced two years ago, half of its value was transferred to a trust benefiting their teenage son, who was left with lifelong disabilities after being born prematurely.
In January this year Ms Rayner sold her 25 per cent stake to the trust for £162,500, using the money as a deposit towards an £800,000 flat in Hove, East Sussex.
But analysis of property sales data has put the house’s £650,000 valuation in 2023 into question.
