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@PQR
On the house price situation we put an offer in slightly over asking for a place in the NW (of the country, not London) at the weekend. It was rejected as there was a cash buyer who went a long way over the asking price.
EA said there had been 7 offers over the weekend, 5 of them over asking so not sure about this price drop. There isnt much stock on so prices seem to be staying high