Well I dont know how many of you are Daily Mail readers but there was an interesting article in yesterdays paper about the South East.......
If you live in the south-east of England and own a home you are king of the UK property market, according to research. Homes there are worth more than the combined property wealth of owners in Wales, the Midlands, Yorkshire and the north. Analysis shows the south-east, including London, has benefited the most during the boom years over the past decade and contains a third of all housing wealth in the UK. .....I met up today with a nice chap who sold his terraced house in London in 2007 for £400k (which he had no mortgage on) who has just bought a converted church quite close to me for £300k (down from £500k). I would say this sort of thing accounts for most of the property bought in this area. Probably 80% of the population here are from the south of England.
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