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The Latest Breaking News from Knight Frank

UK failing to attract wealthy individuals after non-dom changes, report says

The number of billionaires is set to reach nearly 4,000 by 2031

The Independent UK

Number of billionaires globally could reach 4,000 in next five years

There are now 3,110 billionaires but analysis shows ‘deep structural acceleration’ in wealth creation around world

The Guardian - UK

The great central London office crisis

Far from being killed off by the pandemic, the office is back — so much so that the City is running out of space...

Evening Standard

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Tilda Swinton's former home listed for sale for £650,000 in Chelsea

Swinton lived in the King’s Road flat for 15 years, from 1983 to 1998

Evening Standard

Trump’s planned limits on US property investing could spur foray into UK housing market

Ban on private equity firms buying single-family homes in US raises concerns institutions could deepen housing crisis on Britain

The Guardian - UK

Postmodern 'Venetian palazzo on the Thames' for sale for £1.25 million

The houses around Shadwell Basin were completed in 1988 as part of the regeneration of the London Docklands in a distinctive postmodern style

Evening Standard

No longer ‘unloved’: retailers investing more in physical stores, UK data shows

Knight Frank says shopping centres and food stores lead revival as retail outperforms other commercial property

The Guardian - UK

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Regents Park mansion sells for almost £11 million after Rachel Reeves's Autumn Budget

The Budget’s ‘soft landing’ triggered the £10.95 million deal, say selling agents Beauchamp Estates

Evening Standard

‘Boxing Day bounce’ expected to boost housing market

Online property searches often jump on Boxing Day, and some home buyers could be set to spring into action now that Budget uncertainty has cleared

Evening Standard

Warning Reeves’s landlord tax will push up rents and ‘dry up’ housing supply

Simon Gammon, founder of Knight Frank Finance, says tax hike on landlords’ rental income will be the ‘last straw’ for many, forcing them to sell up

The Independent UK

What the autumn Budget could mean for pensioners

Rachel Reeves is expected to confirm an above inflation rise on state pensions

The Independent UK

Mapped: Where mansion tax could hit as Reeves looks at raising council tax rates

Around 310,000 high-value homeowners could be hit by proposals to tweak council tax bands

The Independent UK

Buying in the Alps? Here is where prices have increased the most

As skiing season approaches in Europe, you may be dreaming of a wintery getaway to beat the post-summer blues. Looking to buy a property in the Alps? Here are some in-demand spots.

Euronews

The most unusual homes ever listed on Rightmove — from a stiletto bathtub to The Shark House

With Rightmove turning 25 this year, here are some of the most talked about properties to grace the portal, from The Shark House to a glitzy private island

Evening Standard

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The Guardian - UK

Londoners buying lowest share of property outside capital since 2013

Stalling house prices and shift back to office working are affecting people’s ability to move out of city, say experts

Evening Standard

New Yorkers in London: why so many Americans are swapping the big apple for the big smoke

Frustrated by Trump, attracted by London cool and the comparatively low cost of living, Americans are moving to the UK in droves

The Independent UK

Voices: We can’t afford to let London’s ‘golden postcodes’ go to the wall

COMMENT: A slowdown at the top end of London’s property market is the latest indicator that individuals with a high net worth are hedging their bets on Britain, says Knight Frank’s Simon Gammon. The government can no longer bank on a globally minded minority to fund massive imbalances in taxing…

The Guardian - UK

Sales of UK country houses rise as buyers tempted out by lower prices

Deals for homes worth more than £750,000 are up 7% in June over last year with more properties on market

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Evening Standard

I Want It All: Queen drummer's former Surrey estate for sale for £8.95 million

Roger Taylor lived in the property for 24 years, between 1979 and 2003

Evening Standard

The only way is up: Secrets of the City’s skyscraper boom

Despite the hybrid working revolution, the race for space in the Square Mile shows no sign of slowing down

Evening Standard

'The jewel in the crown of Portobello': building featured in Paddington films for sale for £4.5m

The property, with its distinctive red façade, starred as Mr Gruber’s antiques shop in the Paddington films

Evening Standard

Secluded Essex island where Rihanna and Stormzy have recorded albums hits the market for £25 million

Want to start your own offshore community? Osea Island has 38 residential properties and its own village pub

International Business Times UK

Data Shows, Branded Homes Boom as the Global Elite Seek More Than Just Real Estate

Branded residences are booming globally, with Europe's market set to grow 180%, while APAC now holds 23% of global supply as wealthy buyers seek luxury and investment

Evening Standard

Mayfair and Bayswater in demand as prime central London sees first house prices rises since 2023

Sales of £5 million-plus homes are up, with high demand around luxury new developments and a growing number of US buyers

Evening Standard

The UK's new £1m property hotspots include this south-east London grown-up hipster favourite

While London homes remain the most expensive in the country, its house prices are not rising as fast as elsewhere in the country

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