Jeremy Corbyn – Can I buy a £650,000 flat for just £162,500 please?

February 18, 2019

A few damning headlines in the national press, and quite rightly so in my mind, in fact when is the investigation due please on Jeremy Corbyn’s son who has been reported to have purchased a 2 bedroom flat in London for £162,500 when the others in the block are valued at £650,000 and then uses AirBNB to pocket a useful £150 a night.

How many readers would love to purchase their next home at 25% value? I’ve got my hands up in the air though of course, lucky or maybe not in this case, my father is not Corbyn and I did not find myself working for Shadow Chancellor John McDonnell.

Keep it in the family. A good advert for labour. ‘Rank hypocrisy’ & other headlines have been used – I can think of several more.

We all know what exactly has happened here don’t we and we also know that no investigation will take place as it would simply open up a can of worms… ?

Jeremy Corbyn of course supports a crackdown on Airbnb and also is against housing associations selling off stock – What chance he will change his position to suit this latest story? I mean, is Corbyn for Brexit or against… anyone know that?

Anyway, no doubt it will be swept under the carpet before not too long when another damning headline will hit the national press.

Reporting on the story released by Daily Mail website.

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Estate Agent Talk

How Technology is Changing the Prime Property Viewing Experience

The world of luxury real estate has always been about delivering a premium, personal experience. But in today’s rapidly evolving digital landscape, even the most traditional sectors are being reshaped by technology—and prime property viewings are no exception. From augmented reality to AI-driven virtual tours, the way buyers interact with high-end properties has changed dramatically.…
Read More →
Love or Hate Rightmove
Breaking News

Average two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate

The average two-year fixed mortgage rate for those with a 40% deposit (60% LTV) is now cheaper than the average five-year fixed equivalent, the first time this has happened since the mini-Budget The average two-year fixed, 60% LTV mortgage rate is now 4.18%, while the five-year equivalent is 4.19% The gap between average two-year fixed…
Read More →
Overseas Property

How UK Property Investors Can Manage Exchange Rate Risk When Buying Off-Plan Overseas

Off-plan purchases are especially common in developing overseas property markets with a high proportion of international investors. In these less mature markets, a significant share of stock is sold directly by developers, making off-plan transactions a natural sales model. These opportunities appeal to international buyers because they typically require less upfront cash due to extended…
Read More →
Breaking News

Foxtons Lettings Market Index – March 2025

London rental market gains momentum as new rental listings surge, Foxtons data shows   March saw a 14% increase in new rental listings across London compared to February Applicant registrations rose by 11% month-on-month in March. Year on year, demand was stable, tracking just 2% below March 2024 levels The average rent in March stood…
Read More →
Breaking News

UK’s mid-market firms show improved business growth in March but economic uncertainty continues

Key findings: NatWest’s Mid-market Growth Tracker shows improved business growth in March, led by a strong service sector performance SMEs register a softer decline in output levels during March Market conditions remain challenging and we could see continued challenges in the coming months   Mid-market businesses continued to outperform the wider UK economy in March,…
Read More →
Breaking News

ONS Private rent and house prices UK – April 2025

The Price Index of Private Rents (PIPR) measures private rent inflation for new and existing tenancies. The UK House Price Index measures house price inflation. Main Headlines Average UK monthly private rents increased by 7.7%, to £1,332, in the 12 months to March 2025 (provisional estimate); this annual growth rate is down from 8.1% in…
Read More →