A leading London estate agent has dramatically predicted the inevitable crash of the booming house and flat market.
Alan Ballspade of Brains, Chatsworth and Dickinsons in North London has sensationally announced how the market is to take a turn for the worst.
"It's all going to go wrong," said Ballspade. "People will stop buying, house prices will plummet and a LOT of realty-rich people are going to be in a lot of debt-heavy trouble. Of course, it's going to be good news for first time buyers who have been unable to buy as property will be a lot cheaper now than they have ever been."
When asked what homeowners could do to steel themselves for the worst, Ballspade replied, "Sell now and sell fast before the slump arrives. Accept ridiculously low offers on your property whilst you can still sell it. Take anything. B, C and D will gladly help out any potential seller for 2.5%."