Property Knowledge Base

Property finance strategy, broker insights, quizzes, common myths and market history.

Surprise me

Little Known Facts

The 1980 'Right to Buy' Revolution

Margaret Thatcher's 'Right to Buy' policy allowed millions of council tenants to buy their homes at a massive discount, permanently changing UK property.

The UK's Most Expensive Street

Kensington Palace Gardens in London is routinely ranked as the most expensive street in the UK, with average house prices exceeding £30 million.

Brits Now Move House Only Once Every 23 Years

The frequency of moving house in the UK has plummeted. In the 1980s, people moved roughly every 8 years; today, it is closer to every 23 years.

The Illegal Act of Beating a Carpet

It is illegal to beat or shake a carpet in a public street in London, though there is a bizarre exemption for doormats before 8:00 AM.

London's Billionaire 'Iceberg Homes'

In wealthy London boroughs, strict planning laws prevent building upwards, so billionaires dig massive multi-story basements known as 'Iceberg Homes'.

Handling Salmon in Suspicious Circumstances

Section 32 of the Salmon Act 1986 makes it a criminal offence to 'handle salmon in suspicious circumstances'.

The UK 'Right to Light' Property Law

In England and Wales, if a window has received natural daylight for 20 years, the property owner gains a legal 'Right to Light'.

It Is Illegal to Carry a Plank on a London Pavement

Under the Metropolitan Police Act 1839, it is technically a criminal offence to carry a plank of wood along a public pavement.

The Largest Private House in the UK

Buckingham Palace is huge, but it's not the largest private residence in the UK. That title goes to Wentworth Woodhouse in Yorkshire, which has a facade twice as long as the King's palace.

Fire Brigades That Let Your House Burn

In 18th century London, fire brigades were run by private insurance companies. If your burning house didn't display their specific 'fire mark' plaque, they would literally watch it burn to the ground.

Bona Vacantia: The King's Windfall

If you die in Cornwall without a will or living relatives, your entire estate doesn't go to the government—it goes directly to the Duke of Cornwall (Prince William).

Spite Walls and Ransom Strips

A 'Ransom Strip' is a tiny piece of land intentionally retained by a seller to block access to a larger development site, forcing developers to pay extortionate fees.

The Bank of England's Golden Foundations

Deep beneath the streets of the City of London sits a vault larger than the third tallest building in the city, holding over 400,000 bars of gold.

Air Rights and Flying Freeholds

You can own a room that hovers over your neighbour's property. It's called a 'Flying Freehold' and it is a notorious nightmare for mortgage lenders.

The Billionaire Iceberg Basements

In Prime Central London, where building upwards is banned, billionaires dig downwards. Some 'iceberg homes' have basements three storeys deep featuring car elevators and swimming pools.

The UK Leasehold System is Unique in the World

England and Wales are almost entirely unique globally in their use of the residential leasehold system. The rest of the world uses strata titles or condominium ownership.

London's Narrowest House

The narrowest house in London is just 5 feet 6 inches wide. It recently sold for over £1 million, proving that in prime London, width is irrelevant.

Chancel Repair Liability: A Medieval Trap

You could be forced to pay millions to repair the local church roof. Chancel Repair Liability is a medieval law that still catches out modern homebuyers today.

Why Old UK Houses Have Bricked-Up Windows

Ever noticed bricked-up windows on grand Georgian houses? It wasn't for structural reasons. It was widespread tax evasion in response to the infamous 'Window Tax' of 1696.

The Crown Estate Owns the UK Seabed

If you want to build an offshore wind farm or lay a submarine cable in the UK, you have to pay the Crown Estate. They own the entire seabed out to the 12-nautical-mile limit.