Expensive House

The multi-billionaire steel magnate, Lakshmi Mittal, is to pay 70m pounds for his new home in London making it the most expensive house in the world. The property, a two bedroom flat in East Acton, has been on the market for a little over two months before Mittal put in an offer. Features and fittings of the dwelling include a recently fitted B&Q kitchen, stylish laminate flooring in the living room and a leaky Mira shower.

The house was sold by Formula One racing boss Bernie Eccleston, who bought it for 140,000 pounds three years ago but never lived in it.