Sunday, March 8, 2009

Huge profits still yet to materialize

Grant and Anthea sell off £5m ski chalet

Back when the credit crunch started, the husband of TV presenter Anthea Turner dismissed rumours that his property company was in trouble. He boasted: ‘I am sitting in our £5million chateau in Megève in the Alps. I will sue anyone who says that Imagine Homes is in financial difficulty.’ Yesterday it was revealed that the couple have been forced to put their Alpine bolt-hole up for sale. Worse still, anxious estate agents have suggested they lower their £5.5million asking price because of a lack of interest.

Posted by little professor @ 09:19 AM (1575 views)
Please complete the required fields.



10 thoughts on “Huge profits still yet to materialize

  • Norfolk&clue says:

    Why doesn’t someone buy them a couple of Cadbury’s Flakes to cheer them up…? :o)

    Reply
    Please complete the required fields.



  • Well it couldn’t happen to nicer people. You can just imagine the scene in the estate agents.

    “But if Madame could perhaps think about lower the price a little … ”
    “We’re celebrities! That’s a wow factor! Besides we’re running a business here and we intend to make a profit!”
    (storms out)

    Reply
    Please complete the required fields.



  • charlie brooker says:

    I suppose when Anthea and Grant have finished their fire sale and liquidated everything they own I guess they’ll have to ‘Imagine Homes’ too.

    Reply
    Please complete the required fields.



  • Anthea will be ok. She can always sell her hard luck story to hello magazine or something.

    Reply
    Please complete the required fields.



  • japanese uncle says:

    A homeless person with neither debt nor asset is in a much better financial position, than someone, say, with 10 million asset along with 11 million debt.

    Reply
    Please complete the required fields.



  • “anxious estate agents have suggested they lower their £5.5million asking price because of a lack of interest.”

    Lack of interest? Nonsense – I’m watching intently with big grin on my face!

    Reply
    Please complete the required fields.



  • Haven’t they had plenty of time to sell off some assets before things got as bad as this? Too deep in denial I guess.

    Reply
    Please complete the required fields.



  • 4. japanese uncle

    A homeless and cashless person is not losing money or asset valuation through inflation or deflation so he has profits that have not yet materialised. : )

    Reply
    Please complete the required fields.



  • mark wadsworth says:

    Brilliant, that chalet will go nicely with my other trophy holiday home, the Berghof in Berchtesgaden. I might even keep Anthea on to do the cleaning.

    Reply
    Please complete the required fields.



  • shining wit says:

    So let me get this right:

    Grant Bovey and Anthea Turner:

    £100 million property empire – In the sole ownership of the bank HBOS – effectively gone
    £5 million home in surrey – For Sale – effectively gone
    £5 million swiss chalet home – For sale – effectively gone

    Didn’t darling Anthea have a decorating business go belly up also?

    I think these people are morally and financially bankrupt. I think Millets and the Army & Navy stores have some quite reasonable tents this time of year.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>