Buying a Burnt-Out Cottage Instead of a Move-In Ready Home Pushed Him to the ‘Absolute Limit’
A tough approval process, legal fees and pandemic price increases almost derailed Paul Fox’s project in Totteridge, but in the end, he got the home across the finish line

By: Fred A. Bernstein
June 25, 2025 12:00 pm ET
Paul Fox thought he was looking for a new house. It turns out he was looking for a project.
The 46-year-old financier figured that out after an agent showed him a lovely house in Mill Hill, a leafy suburb of London, that was move-in ready. He wasn’t interested, he says, because there would have been nothing left for him to do. LEARN MORE…
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