Bank of England Governor Mark Carney moves out of £3m West Hampstead pad

PUBLISHED: 06:00 26 February 2015

Mark Carney, Governor of the Bank of England, was well-liked by his neighbours

Mark Carney, Governor of the Bank of England, was well-liked by his neighbours

PA Wire/Press Association Images

When the incoming Governor of the Bank of England chose West Hampstead as his new UK home in 2013, he was praised for not picking the flashy bankers and oligarchs of Chelsea – or indeed Hampstead – as his new neighbours.

The removal van outside the former house of Mr CarneyThe removal van outside the former house of Mr Carney

But such is the London property market that even here Canadian Mark Carney was forced to use his entire £250,000-a-year pre-tax accommodation allowance (taking his salary close to £1million) to rent his “modest” £3,750-a-week pad in Parsifal Road.

And now it seems the move to the four storey, five-bedroom house – complete with gym, wine cellar, media room and under-floor heating – may have been a mistake for the Carneys.

On Monday, the Ham&High spotted removal vans outside the £3million home with the house now filled with boxes.

Where the “rock-star banker” is going, it is not yet known. But several residents said they would miss the “lovely and friendly” family, with one saying: “We are very disappointed he is leaving. He and his family were friendly to the street. It’s sad to see him go.”

His departure also appears not to have been quite as traumatic for the neighbours as his arrival.

One resident, who also did not want to be named, told the Ham&High: “When he moved in, five juggernaut removal lorries came, blocked up the street and then damaged a tree so badly the fire brigade had to be called.

“His move out of the street hasn’t been quite so bad – he’s just got one van this time.

“In all honesty, I didn’t think the Carneys would stay – I’m not sure the road’s posh enough.”

Rosalie Miles, chair of the Parsifal Road Residents’ Association, added: “It’s a shame he’s going because he was such a nice, natural, down-to-earth guy.

“But at about the time he arrived a couple of the landlords on the street put up their rents. Saying you lived in the same road as the Governor of the Bank of England obviously had a ring to it.”

One can only imagine the distress it would cause Mr Carney were he to learn a property bubble was following him around wherever he went.

He has issued stark warnings to the country in the past over the dangers posed by a booming housing market, saying it was “the biggest risk to financial stability”.

His former home is now being advertised for a slightly reduced £3,550-a-week.

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