Sunday 14 August 2011

Rich cash in from boom in sales for £1million-plus properties | Mail Online

Rich cash in from boom in sales for £1million-plus properties | Mail Online

The rich, famously, are different from us. And so, unsurprisingly, are their houses.

In testing economic times, most properties have been dropping in value. But those at the top of the housing league have been rising.
Figures today from Investec Specialist Private Bank show a sharp rise in houses at £1 million or more. Among them is actress Jenny Agutter's London home, offered last month at £1.8 million.

During the second quarter of this year, prices generally dropped 0.5 per cent compared with the first quarter and 3.5 per cent compared with a year earlier, according to the Halifax house price index.


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