Jeremy Corbyn finds buyer for £700,000 London home after 19 years
Former UK Labour leader Jeremy Corbyn has agreed to sell his North London home for over £700,000 after multiple price reductions. The sale marks the end of his 19-year residency in the property, which he originally purchased in 2007.
Why it matters
The sale of a high-profile political figure's property often draws public interest regarding personal wealth and the broader London real estate market.
Former Labour leader Jeremy Corbyn is set to nearly double his money on his North London home after agreeing terms with a prospective buyer. According to The Telegraph, the 77-year-old Your Party MP for Islington North has put his three-bedroom terraced house in Finsbury Park on the market for offers over £700,000, after initially listing the property for £800,000 earlier this year.Corbyn bought the property for £363,000 in 2007 and has lived there for nearly two decades. The publication reported that the property is now under offer, although the final sale price has not yet been disclosed and will only become public once contracts have been exchanged.Jeremy Corbyn’s house price and sale historyThe North London property was initially listed in March by estate agent Kinleigh Folkard & Hayward with an asking price of £800,000.
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