@james wyatt
i am renting from kfh in fulham. i was asking about the two up two down houses around here and they sai they are going for 800-900 ish, and were 1.1-1.25m before the crisis.
can i ask in your view how many of these buyers will get squeezed if interest rates rise and or there is a down turn in the city? there must be quite a few leveraged up accountants, consultants, lawyers etc... i can see interest rates going over 10% here for several years when the denouemont finally hits. i noticed on the chelsea thread you said the market is cash purchase driven, but surely in fulham its more domestic buyers with mortgages?