Financial Times FT.com

£20m Mayfair house repossessed

Published: June 12 2009 19:49 | Last updated: June 12 2009 19:49

A £20m house has been repossessed in London’s chic borough of Mayfair, in a sign that any recovery in the market is fragile, writes Sharlene Goff.

Hamptons International, which is a joint agent for the property with Sotheby’s, said it was the most expensive repossession it had ever seen.

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