Report Trickle Down Effect in House prices and the economy Posted September 10, 2012 · Edited September 10, 2012 by shermanator Hello guys, thought i'd give you an update - please see my opening post for background. My friend's Grandmother's house had lots of viewings and was under offer within 2 weeks for 410k so her family made an offer for a 2 bed flat in Bromley (asking 250k) which was accepted. Anyway, at more or less the last moment in the process of solicitors the buyers of gran's house wanted another 55k knocked off citing market conditions (they couldn't get a mortgage truthfully) which was rejected so it's back on the market and the vendors of the flat my friend wanted have dropped them - cue tears, arguments, recriminations and solicitors/surveyors fees for nothing. Thought i'd share this vignette with you as it relates to the 'buoyant' London market. I wonder how much this scenario is going on now.