Author Archives: The Cloister

13,000-Square-Foot Florida Villa Currently Listed for $7.4 Million Heads to Auction

A 13,230-square-foot Florida villa is headed for online auction starting Jan. 22, according to Concierge Auctions, which is presenting the sale. The eight-bedroom, nine-bathroom home will be sold without reserve through Concierge Auctions’ online marketplace. The winner will be determined when the gavel goes down on Jan. 26, said Carolyn Wright, project sales manager at […]

Former Pacific Palisades Home of Michelle Pfeiffer Asks Nearly $20 Million

A 1930s mansion in Pacific Palisades with some serious celebrity cachet has hit the market for the first time in 20 years. The traditional-style red-brick pile is one of a number of homes actress Michelle Pfeiffer and her husband, TV writer-producer David E. Kelley, have bought and sold around the posh Los Angeles neighborhood. The […]

Richest 1% have almost a quarter of UK wealth, study claims

Almost a quarter of all household wealth in the UK is held by the richest 1% of the population, according to alarming new research that reveals a historic underestimation of inequality in the country. The study found that the top 1% had almost £800bn more wealth than suggested by official statistics, meaning that inequality has […]

London’s Population Is Set To Decline For The First Time Since The 1980s

In the immortal words of Samuel Johnson, “when a man is tired of London, he is tired of life” – and at the moment, it sure looks like a lot of people are tired of life. I mention this because accounting firm PricewaterhouseCoopers has released their UK Economic Update for 2021, a report which indicates that London’s […]

Sadiq Khan Has Declared A ‘Major Incident’ In London As A Result Of Coronavirus

As the coronavirus crisis deepens over the winter, London is facing a serious health crisis. That’s been brought home today, as Mayor of London Sadiq Khan has formally declared a “major incident” in the capital as a result of surging coronavirus cases. After consulting with NHS trusts in London, emergency services, local authorities, and Public […]

International Travellers Must Provide Negative Covid-19 Test Before Entering The UK

In order to keep new strains of Covid-19 out of the UK, the government is set to implement tighter border controls. International travellers heading to the UK via plane, train or ferry will soon be required to present a negative test certificate no more than 72 hours before departure in order to enter the country, […]

Home Sales Can Proceed Amid Heightened Lockdown in England

British real estate agents remained hopeful that robust housing demand will continue despite Prime Minister Boris Johnson’s announcement Monday night that England would enter the most extreme lockdown measures since Covid-19 first gripped the U.K. last spring.  “The latest news of another national lockdown should do little to slow the momentum of the U.K. property […]