PETER Mandelson is reported to have offered ￡8million for a four-storey, three bathroom townhouse in an exclusive part of London,Ray Ban Sunglasses Ray Ban Sunglasses People are being priced off pub, complete with landscaped gardens and a wine cellar.The Labour peer, who once said he was “relaxed about people getting filthy rich”, has set up a number of business ventures since leaving Government last year.But questions have been asked about how he can afford such an expensive property. Lord Mandelson was forced to leave Government in 1998 after he borrowed ￡373,000 from Treasury minister Geoffrey Robinson to help pay for a ￡475,Ray Ban Fuel Cell Sunglasses,000 London home.He bought his current home in London’s Primrose Hill for ￡2.4million in 2006.Since leaving office he has set up a consultancy business, worked as an adviser to merchant bank Lazard Ltd and set up a company for the profits from his memoirs and speaking engagements,Canada Goose Jackets Mens Canada Goose Jackets Mens Oscar Pistorius backed t. A spokesman for Lord Mandelson said: “No house purchase has been completed,www.sunglassesamerica.org Our leaders are all taki, but were it to take place it would be funded by a loan from a bank on normal commercial terms.”But Tory MP Richard Bacon said: “As a cabinet minister Lord Mandelson earned a decent wage and more when he was at the European Commission. But it is a matter of public interest how he can afford such an expensive home within barely a year of leaving government.”