Rat and Mouse
Tue
16
Aug
Arsenal season ticket with that, sir?

Aug16arsenal.jpgWe have to recommend this well-written summation of the London market courtesy of Bloomberg. Among a number of interesting features, there's the first intrusion into Mervyn King's residential privacy I, for one, have encountered. They've managed to get an address for the BoE head - he apparently bought a two-bedroom flat in Notting Hill in June 1989 - and take it to OurProperty for some forensic valuation. He is said to have paid £320,000; the article suggests neighbours are looking at roughly £1 million when they put comparative properties on the market. Overall, the article paints a picture of a stultified London market - with homebuilders in particular acting desperate. Amongst the recent bribes, the article mentions Arsenal season tickets over at Wimpey/Taylor Woodrow's slow-shifting Vision 7 complex. Inevitable, the exception is east and south east London, where the Olympic adrenaline shot is kicking in nicely.


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