Thanks to the Rat and Mouse reader who alerted me to this cracking tale of right honourable greed. Tory man-and-wife MPs Sir Nicholas Winterton and Ann Winterton have managed to get their trotters on £165,000 of Commons expenses for a £700,000 second home with zero mortgage. How've they managed that? They've taken the home out of their own name and into a "family trust", benefiting twice... avoiding any future inheritance tax when the property would have been left to their kids, and claiming £30,000 a year in "rental", tax money paid into the family trust to benefit their kids. Clearly, there's nothing illegal about this. But is it right? Sir Nicholas - challenged by the Standard - can't see why not:

He said: "I am not dishonest. We don't own the flat, because once it is handed over, it becomes the property of the beneficiaries of the trust [his children].
"I see nothing unethical or wrong in it. It was agreed by the Commons Fees office – I happen to rent a property that I bought outright."

Let's hear that again, Sir Nicholas:

"I happen to rent a property that I bought outright."

One of two things is happening here. He's either being disingenuous. He can see the problem, but chooses to pursue self-interest at the expense of ethics. Or, he really can't see why buying a house and paying his own family rent from the public purse is a problem. Either way, is this a man suited to making law?

Technorati Tags: celebrity, property, real estate