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UK's most expensive property. Ever. £160m

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"Nick Candy has sold himself his own penthouse in One Hyde Park for £160m – smashing records for Britain’s most expensive home ever sold." https://www.theguardian.com/uk-news/2018/oct/09/record-160m-paid-for-uks-most-expensive-home-ever-sold

As you might expect, it's a murky money trail.

"It can now be revealed that Candy sold the property this summer to offshore companies he controls in Guernsey in order to remortgage it with an £80m loan from Credit Suisse." 

"The transaction was recorded by the Land Registry as a sale, making it by far the most expensive property ever sold in the UK. But a spokesman for Candy explained that the tycoon owned PHB London and therefore still owned the B.10.01 penthouse. “I can confirm that this is indeed a refinancing rather than a sale,” the spokesman told the Times."

 

 

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  • 259 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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