Property News · September 20, 2018

London only has one home on sale for £100,000 or less


Studio would still require £20,000 deposit and mortgage of three times average salaryLondon has only one home listed for sale at £100,000 or less, as the capital’s housing crisis puts affordable homes out of reach.The property is a studio off a busy dual carriageway in Hornchurch, on the periphery of east London. It is one of several flats carved out of a former commercial building, measures 4.9m by 4.5m (15ft by 16ft) and has one door and two windows. Continue reading…

Source : theguardian.com
Read more…London only has one home on sale for £100,000 or less

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