Lord Mandelson 'would have needed £5m mortgage to buy his £7.6m mansion' | Mail Online
Former Cabinet Minister Lord Mandelson paid £7.6 million for his new home in one of London’s most exclusive districts, according to documents lodged with the Land Registry.
Mortgage experts estimate the Labour peer would have required a mortgage of about £5 million to finance the purchase, after putting down a deposit of £2.6 million.
The massive sums involved raise fresh questions about how the former Business Secretary is able to afford such a lavish home.
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