I went to London last week, to check out some of the cheapest property that is for sale in one of the most expensive cities in the world.

None were cheap...the range was starting at £300,000 to £500,000 and I was only looking at houses, not flats.

It was crazy to see what these houses were like, especially as I am from the North where for £500,000 you can pretty much buy a mansion.

I also took out any leasehold properties whilst looking round. I got 5 different viewings, in different locations, but they were all to the east really. In the west the average price for a house is over £1,000,000 and to the east it is £750,000...which just boggles the mind.

I was also looking at central/ish London, so zones 1-5 really. Not any of those areas which claim to be London but are actually the suburbs.

I also paid a visit to Grenfell tower, to pay my respects, as this isn't really a film about cheap property but a film about what happens when housing is so unaffordable and unregulated, and Grenfell is, tragically, the result of that.

Whilst there is a housing crisis, and a cost of living crisis, this film was super interesting to make, seeing what is available on the lower side of housing in London, whilst seeing if anyone can actually afford to buy there.

Thank you to everyone who I got chatting to, whether you ended up in the film or not, it was super helpful and gave great insight.

#explore #invest #housing #london #property #housingcrisis #millionaire #rich #money #costoflivingcrisis


London's (not so) Cheap Flats!

I headed back to London but this time to look at flats. So I was down in the capital a few months back looking at cheap houses, and it turned out to be super interesting and one of my most commented on videos, I just knew I had to get back down and make another one.

I was looking for the cheapest flats that I could find in general, but also the cheapest in specific areas, such are very central, wealthy London

Looking at flats turned out to be even more interesting. The state of them was shocking, added into that the fact that they were all really small, one of which was literally just a room. But they also were leasehold flats, with the shortest being only 86 years. Imagine that, paying a quarter of a million pounds to only own it for that long.

The housing market is currently going through huge changes. Interest rates rising, mortgages doubling and rental properties becoming impossible to secure. This video ended up being a deep look into what is going on with housing in the united kingdom. From who owns the most amount, to the struggles of those with nothing, living on the streets.

#explore #invest #housing #london #property #housingcrisis #millionaire #rich #money #costoflivingcrisis