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The number of properties selling for more
than £1m fell by just over a quarter during
the first six months of 2005, the Halifax bank has
said. Sales of seven-figure homes stood at 1,508 in
the first half of the year compared with 2,033
during the same period last year. London saw by far
the biggest fall in £1m-plus property sales
followed by the south east, south west and East
Anglia. The fall reflects a general slowdown in the
UK property market, Halifax said. But overall,
sales of £1m properties have proved more
resilient to the slowing housing market than less
expensive property Hardy market "Nationally the
uppermost sector of the residential property market
has held up relatively well with the 26% fall in
sales of £1m properties comparing with a 36%
decline in total house sales between the first
halves of 2004 and 2005," Martin Ellis, chief
economist at the Halifax said. Sales of £1m
homes accounted for just 0.4% of all properties
that changed hands during the period, and even in
the high price London market they accounted for
just 2% of total sales. One out of every three
homes that sold for more than £1m was in
either Kensington and Chelsea or Westminster during
the six months. Halifax estimates that there are
around 53,400 £1m-plus properties across the
UK - up from 3,400 in 1995. In London there are
around 33,000 £1m-plus homes, compared with
2,600 in 1995.
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they are released . Taymouth
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European
castles for sale
There are a small number of
castles for sale in Europe . In Slovakia the
government has published a list of 50 manor
houses, two castles, six bourgeois houses and 12
houses for sale . The prices are very low but
the catch is that they all need substantial
renovation to bring them up to a reasonable
standard . learn more about European
castles
freehold period house ,
Wimbledon , London for sale
This house is a substantial
detached period 3 storey residence in a large
garden . It has planning permission for 5 bedroom
house and 3 apartments . Near Wimbledon Tennis
Club
for sale at auction . more
details at Nelson
Bakewell
Ferry Inn for sale
This house was built for
Queen Victoria's daughter Princess Louise .
It is one of only 2 buildings in Scotland
designed by Victorian architect Edwin Lutyens .
It has 4 bedrooms , 3 bathrooms , a drawing room ,
dining room , study , amazing views of Loch Gare
and 2 acres of ground . contact FPD Savills
Linn Park
Linn Park mansion house in
Cathcart has been bought by a developer to convert
into a block of flats .
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The
Scottish
Civic Trust
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and buildings at
risk
in Scotland
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Duncraig
Castle
Duncraig
Castle
, near Plockton , Ross-shire has been sold . The
castle has been empty for 12 years . The castle has
been used as a catering college and when the BBC
series Hamish Macbeth was filmed in nearby Plockton
the production crew and cast used the castle as a
base .
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Castle
for Sale In Glasgow
Breeze's
Tower was built in 1820 (by a tea merchant named
Captain Breeze).
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