Chancellor Rachel Reeves Admits Housing Rule Breach. Chancellor Rachel Reeves admitted breaching housing rules by renting out her Southwark home without the required licence. She informed Prime Minister Keir Starmer, the ethics adviser, and Parliament’s standards commissioner about the error. The issue was first revealed by the Daily Mail and confirmed by Reeves’s spokesperson as an “inadvertent mistake”. Reeves rented the property for £3,200 a month after moving into Downing Street following Labour’s 2024 election win. The home is in a Southwark Council zone requiring landlords to hold a “selective licence” to rent properties legally. Reeves said her letting agency did not inform her about the licensing requirement but has since applied for one. Conservative leader Kemi Badenoch demanded a full investigation, saying the prime minister must act if laws were broken. Reeves could face an unlimited fine if Southwark Council decides to take legal action over the unlicensed rental. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT