- Estate agents described atmosphere as ‘manic’ as homes were put on sale and snapped up almost immediately
- London saw a surge in properties being put on the market as threat of mansion tax on £2million homes faded away
- Becky Fatemi says she didn’t sleep on election night and her company sold properties worth £60million in 24 hours
As soon as the exit poll at 10pm on Thursday night signalled a majority for the Conservatives, the London housing market immediately saw a frenzy with million pound properties put on the market – and sold – in a matter of hours. With the threat of a Labour-imposed mansion tax fading away, wealthy buyers – no longer afraid of the levy on £2million properties and determined to avoid the post-election hike in house prices – quickly brokered deals for homes in some of the capital’s most exclusive postcodes. In exclusive Mayfair, prime estate agent Wetherell revealed they had sold a £26.5 million palatial property as well as a £2.5 million flat. And another estate agent revealed to MailOnline that she didn’t sleep on election night – and in just 24 hours, had sold properties worth almost £60million.
To read full articles click here