The fairly little UK villages being taken over by American millionaires | UK | News | EUROtoday
The United States of America got here into being after British colonies broke away from their motherland over taxes, identification, enlightenment concepts and restrictive legal guidelines. But centuries later, many fashionable Americans have grown to love the United Kingdom very a lot certainly, and have even determined to maneuver right here.
After seeing Blighty’s inexperienced and nice rolling hills, scattered with little historic villages in BBC tv sequence and movies, a few of our mates throughout the pond have discovered themselves dreaming of a slower-paced life within the previous world. This 12 months, an property agent primarily based within the Cotswolds has seen a rise of as a lot as 20% within the variety of American purchasers exploring the potential for shopping for a house.
This a part of Britain has change into a firmly established favorite with our trans-Atlantic cousins, inckuding celebrities like Ellen DeGeneres. It was even rumoured earlier this 12 months that Beyoncé and her husband Jay-Z had been eyeing up a spot within the space of pure magnificence.
Buying agent Katy Campbell instructed CNN that Americans buy what’s normally their second, third or fourth house for between £1million ($1.3 million) and “tens of tens of millions”.
The main selling point seems to be a degree of anonimity.
“They can wander in villages and people don’t really turn and stare,” Ms Campbell said.
“So you can be fairly incognito in the Cotswolds.”
In previous years, it has usually been the case that people from the US of A buying properties in the English countryside already lived across the pond, perhaps in London.
However, it is becoming more common for Americans to be moving all the way from across the sea, straight to the UK’s quieter patches for a more serene existence.
The US Vice President, JD Vance, who is widely thought likely to become Donald Trump’s successor, visited the Cotswolds in the summer, proving that their attractiveness has even affected the highest echelons of America’s political leadership.
The region is made up of more than 100 villages, with the most visited including Bourton-on-the-Water and Bibury.
There are additionally bigger cities, like Cirencester and Stow-on-the-Wold.
https://www.express.co.uk/news/uk/2150528/uk-villages-taken-over-american-millionaires