Bitcoin has been surging over the past year, going from almost $1000 in January to $18000 this month. This has lead to people investing in it and seeing what else it can do. One of the things it was able to do, was buy someone a home in the UK. A house outside of Colchester was sold for almost 83 Bitcoins or around 375,000 GBP. Due to the volatility, the buyer and seller had to lock into a price to ensure that both sides were getting a fair deal.
- The house sold for almost 83 bitcoins or 375,000 GBP at the current conversion rate.
- Bitcoins have been surging recently, from $1000 in January to almost $18000 today.
- The owner is hoping to sell another home in Colchester for bitcoin and is asking for 595,000 GBP
“Now another bit of crypto history has been made as a house in Essex has become the first home sold for Bitcoin in the UK.”
Now that you've read this are you interested in talking to a mortgage adviser? Fill out the quick form below and you'll be contacted soon by an independent, regulated mortgage specialist for a free no obligation quote.
and £15,000 on your Mortgage
Get a custom rate and see how much you will save
by filling out the quick form below.