Jacob Rees-Mogg has played down speculation he harbours ambitions to become Prime Minister after he moved nearer to Parliament.
Popular Tory MP Mr Rees-Mogg recently moved his family from their home in Mayfair to a house in Cowley Street, Westminster.
But when asked by ITV News if this was in lines with career ambitions, Mr Rees-Mogg said it had been to do with money.
"The Cowley Street thing is absolute nonsense," he said.
"I am a father of six children and I have moved from Mayfair to Cowley Street because Cowley Street is cheaper and I couldn't afford a bigger property in Mayfair."