March 2, 2024
News

Boris Johnson, Boy George, and Kate Moss relocate in 2022

Then the removal trucks and the hot tub installers showed up after a period of speculation and clandestine negotiations. This year was no different for the capital’s A-listers when buying or selling luxury real estate. Many celebrities purchased new houses in the city’s most desirable neighborhoods or sold their vast mansions. The most notable celebrity house swaps of 2022 are listed here. The Highgate home Kate Moss purchased for $11.5 million. All eyes were on the remarkably featureless room the supermodel was dialing in from as she took the (virtual) witness stand during the Moss-Depp trial. It has been said

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March 2, 2024 No Comments
UK News

The return of the world’s wealthy to London’s housing market and why it matters

If you’re searching for a barometer of the global economy, you might do worse than investigate the ultra-luxury segment of London’s real estate market. Prime Central London (PCL) has become a haven for the money of affluent foreigners for several decades, regardless of whether or not they choose to reside there. This resulted in a number of unintended consequences, the most notable being that trophy prices were established, and PCL was largely bordered by vacant buildings. Because of these exceptional conditions, PCL is again drawing attention as a preferred safe haven for international players seeking to conceal their wealth. Since

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March 2, 2024 No Comments
Finance

London’s Property Market Is Seeing Improvements and a Rebound

London’s real estate market is more active as a result of increased post-Brexit certainty. The fourth quarter of 2019 witnessed a surge in sales in London’s luxury real estate market due to a 3% tax on foreign buyers of houses in the United Kingdom, which was included in Boris Johnson’s Conservative party’s election agenda. Compared to the same period a year ago, the number of transactions involving London’s most costly houses increased by 78%, as did the number of home sales in the city’s most expensive areas. As 2020 diminishes much of the uncertainty after the conclusion of the Brexit

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March 2, 2024 No Comments