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London’s luxury real estate is hotter than ever, but which neighborhood is the chicest?

According to Beauchamp Estates, a company specializing in ultra-prime property, 92 private palaces with prices above £15 million were purchased in 2022, up from 40 in 2021 and a paltry 17 in 2020. Wealthy Americans looking to capitalize on the strong US dollar against the pound and investors from India, the Middle East, and the rest of Europe seeking a safe haven for their fortunes have all contributed to the recent uptick in demand for luxury townhomes, sprawling penthouses, and tasteful period conversions in the United Kingdom. Where, however, is the poshest address that can be found? Nearly a third

January 5, 2023 No Comments

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London house prices skyrocket as homebuyers take advantage of stamp holiday extension

Cost of London homes reach an all-time high, now at £501,320, as homebuying spree expected to continue until June With London’s residential property buyers taking full advantage of the stamp duty holiday, house prices touched an all-time high in January. The average cost of a home in the British capital soared to £501,320, or 0.1 per cent higher than what we saw in December 2020, and 5.3 per cent higher than January 2020. Ever since the lockdown restrictions were eased last May, house prices have been steadily increasing. This trend can be attributed to the Chancellor of the Exchequer Rishi

April 1, 2021 No Comments

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Global Britain ready for the world stage

There has been much speculation around the ‘Global Britain’ slogan adopted by the UK, but the vision is now clearer with the recent publication of the Integrated Review of UK’s Defence, Security, Development and Foreign Policy. More than just branding, ‘Global Britain’ is a forward-thinking and tech-driven roadmap towards domestic and international resilience. Britain’s declaration of its international ambitions comes at a time when liberal alliances are fraught, nations struggle from societal polarisation, and democracy is being undermined. Thus, it is heartening to see the Review underscore the UK’s unique strengths and why the world welcomes this incarnation of Global Britain. The

March 25, 2021 No Comments

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2021 dubbed ‘The Year of Optimism’

While there are several grounds for this optimism, these are the four main reasons for the positive outlook in 2021 It’s easy to remain cynical after a devastating 2020. Numerous lockdowns, industry closures, rising unemployment, travel restrictions, and lives lost from COVID-19 drove several countries into recession. Although the world is still grappling with this pandemic, we can finally see some light at the end of this tunnel. This year is especially crucial for our collective healing and recovery. The prevailing sentiment is that the worst is behind us and things can only get better from here. Vaccination programmes underway

February 3, 2021 No Comments