Wealth transfer
Here is perhaps a useful snapshot barometer of the world, in terms of finances :-
- Only 1 of the 20 most expensive homes in Britain has been bought by a Brit in the last 5 years
- 8 of the top 20 properties were sold by Brits in the last 5 years
- Outside of the top 20, in the £10,000,000.00 plus bracket, estate agents report that foreign buyers are responsible for about 50% of purchases, rising to around 90% when prices rise above £30,000,000.00.
