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Swinney makes £75k out of home sell-off

FINANCE Secretary John Swinney is at the centre of a row over MSP perks after making a £75,000 gain from the sale of his taxpayer-funded second home.

DES RES: Mr Swinney, below, bought the Morningside property, above and left, as a taxpayer-funded second home for £355,000 in 2003. He sold it for £430,000 this summer. During his ownership he claimed £60,000 from the public purse to cover mortgage interest.

Swinney, who is cutting spending and imposing a two-year pay freeze in the public sector, recently sold his Edinburgh residence for £430,000, according to official records.

He bought the four-bedroom apartment on one of the capital’s most desirable streets for £355,000 in December 2003 while SNP leader.