Buyers face bidding wars to snare homes despite soaring inflation, cost of living crisis and fears of property crashIt took less than a week to sell a two-bedroom garden flat in north London, with a guide price of £950,000. Featuring a large patio, garden, oak floorboards and underfloor heating, it is in a mixed area on the outskirts of Islington and Camden.“We’ve been inundated with people wanting to see it,” says Andrew Groocock, a regional partner at the estate agents Knight Frank, which helped organise 23 viewings. “It ticks the boxes of exactly what’s hot in the market at the moment. It’s still an incredibly buoyant market. The last two years have been remarkable.” Continue reading…
Source : theguardian.com
Read more…‘We’ve been inundated’: UK housing market frenzy shows no signs of slowing
