Posted in News

£7.5 million home in Epping Forest bought for cash

Just seen an Essex Live report on Twitter that 9,500 homes in Essex were purchased last year by buyers who paid for their new properties outright with cash.

The most expensive one was in Epping Forest which sold for £7.5 million  –  in cash.   The report doesn’t say where the house was but it guesses it was one that sold in High Road, Chigwell.

The fact it was cash does not, of course, mean that it changed hands for a great wad of dirty £50 notes, although it may have done!   It means that the purchasers didn’t buy it with a mortgage.

It reminded me that when I was Agent for Epping Forest it was always said that houses changed hands in a certain road in Chigwell as people went in and out of prison, or alternatively had to leave the country in a hurry.   But that can’t possibly be true of Chigwell !

Advertisements

Author:

For We Are the People of England, and We have not Spoken Yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s