Reply to post:

Kids these days will never understand the value of money

Anonymous Coward
Anonymous Coward

"[...] that now means none of the kiddies can afford houses."

Having no offspring I would like to leave my house to a deserving young friend who would raise a family in it and appreciate it.

Unfortunately the house price bubble has pushed its "location value" over the threshold for UK inheritance tax. That means I have to try to make sure there is enough surplus cash in my estate to pay the tax.

Otherwise it is the sort of property that would be snapped up and subdivided into multiple occupancy rentals by the landlords who are gradually buying up the street. One across the road was being converted this week. The number of beds that were delivered was ridiculous.

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