POLITICS

Boris Johnson chases large income to buy bigger home

Boris Johnson is said to be looking for a new central London home big enough for his wife and their children
Boris Johnson is said to be looking for a new central London home big enough for his wife and their children
TOBY MELVILLE/REUTERS

Boris Johnson wants to make “big money” quickly after leaving Downing Street so that he can afford to buy a new family home in London, according to allies of the prime minister.

Both his former home in Oxfordshire and the £1.3 million house in Camberwell, south London, that he jointly owns with his wife, Carrie, are let. He is said to be looking for a new central London home big enough for his wife and their two young children when he leaves Downing Street in September.

Johnson will stay on as a Tory MP but will make significantly more from the back benches than the £164,080 salary as prime minister. Analysts have suggested that the prime minister could earn more than £3 million next year