Labour MP Ian Lavery denies wrongdoing over NUM mortgage
Labour’s trade union spokesman Ian Lavery has denied any wrongdoing after BBC Newsnight learned he received a heavily subsidised mortgage.
The mortgage was from the benevolent fund of the National Union of Mineworkers in Northumberland.
Mr Lavery was the general secretary of that union from 1992 to 2010, and also faces questions about redundancy money he received when he left.
He says the mortgage was a “private” matter and denies any impropriety.
In total Ian Lavery faces questions about £250,000 of payments the union’s books suggest he received from the NUM, Northumberland Area during his period there.
Newsnight has established that Mr Lavery received a £72,500 mortgage in 1994 from the union’s benevolent fund repayable at less than half the market interest rate.