The UK market is still being distorted by the hundreds of billions given to the banks by HMG. The principle is to allow banks to make big profits and build up their capital ratios to allow them to start lending again. In practice they are paying bonus’s and propping up the housing market in the commuter belt…in Surrey and Tonbridge Wells for instance.
Are you implying that it is the bank employees who are buying the houses ? If so, I think you are waaay off the mark.