Hunt spent £3.5m on his 7 flats
APOLOGY TORY leadership contender Jeremy Hunt spent more than £3.5million on a controversial purchase of seven luxury flats to rent out, it can be revealed.
Last April, Mr Hunt was forced to apologise for failing to declare his part-ownership of a company which bought the luxury seaside pads in Southampton. The Foreign Secretary’s company got a bulk discount on the flats.
Newly uncovered documents reveal the staggering value of Hunt’s purchase, which was channelled through a company he and his wife Lucia Guo set up to manage the properties. The cheapest flat was £437,000 and the most expensive £685,000.
In total the seven properties were bought for just over £3.5million. Details of the purchases made through Mare Pond Properties have just been made public on the Land Registry. Mr Hunt faced an inquiry into the way he managed the handling of the purchases – and apologised.
It emerged that he was given a “bulk discount” from property firm Nicolas James Group, which is owned and chaired by Conservative Party supporter Nicolas James Roach. He has