The UK’s total housing value hit a record high in 2022 – but that’s likely to be ‘a high watermark for a few years’

The total value of UK residences climbed by 2.7% - or £190bn - in 2018, says Savills, but London saw a 1.5% drop; all the homes in Britain are now worth £7.29 trillion.

“The tax changes introduced from 2016 onwards have undoubtedly taken the heat out of the buy-to-let market," argues Hamptons' research chief Aneisha Beveridge.

North America retains its position as the top global region for the super-rich, while Europe has overtaken a "lacklustre" Asia-Pacific according to Capgemini’s new World Wealth Report.