An interesting piece over at the Primelocation blog, inspired by a live radio spat with the Mail's Mira Bar Hillel over whether it was Thatcher or Macmillan who gave us the dysfunctional property market we so enjoy today, includes this:

According to agent Jackson-Stops & Staff, wealthy commuters could buy a good six bedroom family home in the stockbroker belt of Surrey with an acre of garden for £250,000 – today it would cost over £2 million.

And Dawn Carritt, who heads up JSS’s country house department, also remembers how “loans would not be considered for anything more than two and a half times a person’s salary” and mainly came from building societies and that only a few years before women would have needed to get their father’s or husband’s consent to get a mortgage in their own name.

Read the rest here.

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