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TBS in The Times > Welcome to the millionaire zones

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Knight Frank
London and Country specialist property buying agents
05 Mar 2016  |   Jonathan Bramwell

Welcome to the millionaire zones.

Are you a millionaire yet? Give it another 14 years. As house prices continue to rise, the number of UK homes worth £1 million or more is expected to more than triple by 2030, according to a report by Santander Mortgages, making one in four London homeowners into property millionaires. As it is, the proportion of million-pound homes is relatively small, the research found — less than 500,000 in the UK and only 1.77 per cent of the nation’s housing stock. By 2020 this will rise to 689,000, and 2.37 per cent, and by 2030 it will be 1.6 million, and 5.14 per cent

Read the full article for Claire Owen‘s insight on the appeal of Bath:
Welcome to the millionaire zones | The Times

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