The ground underneath a London mansion block was sold this month for £150,000 at auction as an ‘unexcavated basement’. It has no planning permission and it is believed to be the first time that such a deal has been struck where the developer must work around – or rather below – existing homes.
Nationwide ‘set to axe 600 jobs’
Nationwide Building Society is expected to axe 600 jobs following its takeover of Virgin Money, according to reports.