For many years, the US has had a reputation for being the world’s largest wealth market by a considerable margin. According to Henley and Partners’ just released 2023 USA Wealth Report, the country accounts for 32% of global wealth and…
Read morePrime property markets across the UK are “softening” as interest rates climb, reports Abode2. Average top-end values across UK markets outside of London (broadly the top 5% to 10% of the market by value) slipped by -1.5% in the second…
Read moreRates continue to rise this week as the market adjusts to two sets of disappointing inflation numbers. The Bank’s message that it still expects inflation to ease significantly in the second half of the year is reflected in the difference…
Read moreThe average UK tenant now spends over 28% of their pre-tax income on rent, the highest in the past 10 years, according to data from property portal Zoopla. Average rents for new leases have also increased by 10.4% in a…
Read moreWomen account for 54% of luxury homeowners under 35, indicating a significant female presence in the purchasing of luxury real estate, reports Abode2. Following a new study from Luxury Portfolio International, more women are now climbing the corporate ladder and achieving…
Read moreReal estate prices increased exponentially between 2021 and 2022 in popular second home hot spot Croatia, as price increases almost doubled compared to the EU average increase for the same period, reports Abode2. In 2022, real estate prices increased by…
Read moreA new law tabled in Parliament looking to ban landlords from evicting tenants with no justification is part of a long-discussed overhaul of the private rental sector in England. Tenants would also be given the legal right to request a pet…
Read moreMiddle Hobby, Trebetherick Guide Price £3.5m A rare opportunity to acquire this sleek and substantial, contemporary property with excellent energy credentials, occupying an enviable position in Trebetherick, on the North Cornwall coast. With impressive open plan living areas, Middle Hobby…
Read moreLondon’s super-prime property market has just posted its best 12 months since the Brexit vote, confirms Abode2. Wealthy buyers splashed £3.1bn on 161 properties worth £10mn or more in the year to March. That compares to £2.5bn and 144 transactions…
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