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House Prices In London

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Hi All,

I've been coming to HPC for a few years to gain a REAL understanding on what is going on out in the real world so thank you all for the insight.

I thought I would let you know a bit about what I have been seeing of late. I insure high value homes in and around London and it has gone absolutely crazy. Here are some examples:

1) Property on the market for £2.75m. My client buys it for £3m to secure the property as it had over 30 viewings

2) Client offers £2.45 for a lovely home in Hertfordshire but is gazumped at the last minute.

3) 30 year old banker buys a pad in Fulham for £3m and spends £200k 'doing it up'

Meantime in the real world I am having to rent a very small 3 bed house for me, wife and 3 kids because I can not afford a home were I live. As I mentioned the house I am renting is very small but would still cost 6 x income. It is really depressing. Am I just in a job where I am seeing a small number of extremely wealthy owners or is it like this over the rest of the SE?

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  • 145 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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