So the rich like property bargains too – even if they’re unimaginable to most of us

The rich are not like the rest of us – except that they too apparently like bargains.

They’re also more likely to use property buyers.

Cue Henry Pryor, who yesterday tweeted: “If you can hear screams it’s just the agent who has received my £5.5m offer for the house they are selling.

“It is the only bid they’ve had in six months, it’s all cash & we can move fast but it is 30% less than their asking price.”

Meanwhile Black Brick said it had sourced a luxury residence in Mayfair for a mere £15m – equating to a “highly competitive £1,748 per sq ft” – and £10m less than the £25m that was the original price tag.

The property, a converted pub, was bought out of receivership. It last sold in 2014 for £19.175m, but was subsequently repossessed.

Black Brick said that its client was not the only potential buyer but had to move fast, and from viewing to exchanging contracts took just seven days.

Camilla Dell, managing partner at Black Brick, said she was aware of properties in similar situations likely to come to the market soon.

Bargains!

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