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Ultra-Wealthy US Buyers Snap Up UK Trophy Homes 23.03.22Savills has seen a 40% jump in the number of UHNW US buyers registering with its London Private Office in the last two years, reports Abode2. These are serious players – most have budgets ranging from £20m to £50m –…
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France Property Market On A High 16.03.22
It’s shaping up to be another record year in the French housing market, reports Abode2, with record numbers of homes changing hands – exceeding the million homes in the year before the Covid pandemic. Latest data from the Notaires de…
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Wales Clamps Down on Second Home Owners 09.03.22
Second home owners in Wales are facing huge council tax hikes under new rules announced this week, reports Abode2. As part of a move to tackle issues around second homes and unaffordable housing, the Welsh Government has confirmed plans to…
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Housing Secretary Considers Seizure Of UK Property Owned By Sanctioned Russians 03.03.22
Housing Secretary Michael Gove is “looking at seizing the land and property of sanctioned [Russian] individuals”, reports Abode2 luxury property magazine, with a view to potentially allowing the British government to “swiftly acquire specific land and property in the UK…
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Golden Postcodes in England and Wales Revealed 23.02.22
Latest industry analytics has crunched house price data to come up with a list of “golden postcodes” across England and Wales – regional enclaves with the highest property values per square foot, Abode2 reports. There are just five postcodes outside…
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Mallorca Enticing Back Overseas Buyers 16.02.22
The Mallorca real estate market is benefiting from the financial strength of European buyers and is undergoing a significant boom in demand at present, according to latest industry findings. In Q1 2021, on-island agents recorded a 66% increase in online…
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European House Buying Shows No Sign of Slowing Down 09.02.22
New data recently released shows a steady rise in interest in buying property in Europe in the 12 months since Brexit, reports Abode2 luxury property magazine. Kyero, which has over 820,000 European properties listed on its site, making it the…
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Off-Market Sales – The New Niche Sector? 26.01.22
More than 135,000 homes were sold without ever appearing on a property portal or being publicly advertised in 2021, according to new data, while a quarter of £1m+ sales in London were off-market deals, reports Abode2 luxury property magazine. Analysis…
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London’s Super-Prime Market Soars 19.01.22
London’s super-prime markets stellar end to the year is evidence of the influence that the pandemic-fuelled desire for more space has on residential markets, reports Abode2 luxury property magazine. More London homes sold above £5m in 2021 than in any…
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