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How much less can you offer on a house in London, UK?

London houses are expensive. They’re expensive for locals, they’re expensive for foreigners (fun fact: the price of property in London makes up about 2% of the GDP).
The house price in Kensington and Chelsea is £1,000,000 (£2 million USD), so anything under £850k might be worth considering. Anything above £850k should probably come back down to earth before you offer that much

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