It's not hard to see why Tiddler is so aggressive of late....
London estate agents have begun to offer free cars worth £18,000, stamp duty subsidies of £150,000, plus free iPads and Sonos sound systems to kickstart sales in the capital’s increasingly moribund property market. The once super-hot central London market has turned into a “burnt-out core” according to buying agents Garrington Property Finders, prompting developers to offer ever greater incentives to lure buyers.
At one development in Muswell Hill, a relatively affluent part of north London, sales agents said this week they would be giving away a Renault Zoe electric car (RRP £18,045) to every house buyer. They would also pay stamp duty on the £1.99m homes, at £153,000.
Property agent Henry Pryor estimates that there is a pipeline of 59,000 high-end apartments under construction in London alone, yet annual sales of new-build flats in the city are only 6,000. “Developers will sell their first-born to shift them. It’s last-chance-saloon stuff. About the only incentive they have not tried is a bogof [buy one, get one free].” The developer behind the giant Battersea Power Station development of 4,360 apartments in south London last week slashed its profit forecasts amid rising costs and wider economic uncertainty.
https://www.theguardian.com/busines...lore-as-london-estate-agents-struggle-to-sell
The stupid **** voted for this.....
think you got the wrong politics board Tobes
.Don't go throwing your filth around here
