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Sir Keir Starmer pays off mortgage on his £2million London townhouse.H

The mortgage on Sir Keir Starmer’s £2 million townhouse has been paid off, official documents show.

Sir Keir and Lady Starmer have achieved what many homeowners can only dream of – putting them in the top one-third of English homeowners in not having to make mortgage or rent payments.

The four-bedroom property, in north London’s trendy Kentish Town, officially became mortgage-free on Monday last week.

Keir Starmer and his wife Victoria achieved what many homeowners can only dream of when their four-bedroom north London property officially became mortgage-free on Monday last week

There was previously a loan from Barclays Bank noted on the Land Registry title deed, a public document. But on September 16, it was updated to show the loan has been ‘discharged’, meaning the high-street bank no longer retains any rights over the four-storey terraced house.

Previously the Labour leader has politically ‘weaponised’ his mortgage to attack the Conservatives. While in opposition, he condemned then-PM Rishi Sunak for failing to understand the anguish caused by rising mortgage rates.

Keir Starmer and his wife Victoria achieved what many homeowners can only dream of when their four-bedroom north London property officially became mortgage-free on Monday last week

Mr Starmer rehearses his keynote speech which he will deliver to the Labour Party Conference in Liverpool on Tuesday

Asked during a live event in June last year whether he and wife Victoria had been affected by rising rates, Sir Keir said pointedly: ‘Yes, we have a mortgage and ours has just gone up.’

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Happily for the Starmers, this no longer appears to be an issue.

Sir Keir has long been at pains to play down his privilege and talk about his working-class roots.

However, during his 20 years as a top-flight lawyer, before moving into politics, his earnings have placed him comfortably in the country’s top 1 per cent of earners.

The Starmers bought their home in 2004 for £650,000. Since then they have carried out renovations, including a loft conversion involving the installation of two rooflights and a dormer window.

The property, which is in a sought-after area, is now estimated to be worth £2 million. Added to his £1 million gold-plated pension pot, the Prime Minister is believed to be worth around £3 million

Keir Starmer with his wife, Victoria Starmer at the UEFA Euro 2020 Championship Final between Italy and England at Wembley Stadium on July 11, 2021

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Keir Starmer meets Naomi Campbell at the British Fashion Council Reception on September 16

During the 2020 Labour leadership contest, Sir Keir – who was paid up to £400 an hour during his two decades as a senior lawyer – played down his wealth, saying at one point ‘I’m not a millionaire’.

The 62-year-old is entitled to two annual salaries – one as a constituency MP and one as PM – totalling £166,786.

His wife, 50, works in the NHS in occupational health, having previously been a solicitor.

According to The Sunday Times, her salary is believed to be up to £50,000 pro rata.

In recent days, Sir Keir has been embroiled in criticism for taking more than £100,000 worth of gifts and hospitality during the past five years.

They include suits and spectacles worth £18,000 from Labour donor Lord Waheed Alli – who was yesterday seen in Liverpool clutching his own pair of specs and sporting a dark suit and white trainers.

The PM has also accepted a luxury box at Arsenal’s Emirates Stadium.

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