How Celebrities House Hunt

We all know that finding and buying a house is never easy, but it’s so rewarding when it’s finally all finished. When you’ve got the keys and the deeds, and you’re ready to move in, decorate and furnish; the feeling is overwhelmingly good.

But, have you ever wondered what it’s like for a celebrity. As we all know, celebs do pretty much everything a little differently – and buying a house is no exception.

This week Zing’s done their homework, to bring you a blog on how celebrities house hunt. Check out our 6 ways that celebrity house hunting is different from the likes of us.

1. Buying ‘Exclusive’ Property

It’s very rare, extremely rare actually, that you’ll find a celebrity’s home listed on Rightmove, Zoopla or even with your local estate agent. High profile celebs aren’t that keen to divulge where and what property they’re buying, which is why it’s done ‘off market’. Americans refer to celebrity properties as ‘pocket listings’, homes unseen by anyone that isn’t famous or really rich. Celebrities will know the ‘right people’ to find properties to view.

2. Three’s a Crowd…

Whilst you may ask your mum or your friend to come along for the house viewings, chances are celebrities will out do you… They’ll never shop alone for a property and are usually surrounded by a team of helpers, ensuring that the house is right and handle all the liaising between the agents. It’s more than likely that sellers and agents will never meet the celeb.

3. Spending More

It’s a given that celebrities are most definitely going to spend a lot more than your average house buyer. They’ll be looking at properties that are going to be worth a lot more than your average borrower will be able to get for a mortgage. Spending a few million on a house is nothing to the likes of the Kardashian-Wests…

4. Buying at a Younger Age

It was reported that Taylor Swift bought her first home, 8 years ago, at the age of 20… Now, she owns multiple properties across the world. See, when you’re a big-time celebrity, with a lot of cash to spare, you may find that owning your own home is easier. No university debts or deposits, the likes of Kendall Jenner and Justin Bieber buy their houses young.

5. Moving Around

When us regular folk buy our first home, we’re not thinking about moving out for a while… But, it’s not uncommon amongst celebrities to move in and out of new homes at the drop of a hat. Take Kanye and Kim Kardashian-West for example. They bought a multi-million-dollar home, to renovate and then sell – before they even lived in the property…

6. Interesting Amenities

Whilst many of us consider some decking or nice garden a nice feature, celebs tend to look for something a little different… For example, Britney Spears’ home boasts a 3,500-bottle wine cellar, whilst Jennifer Lopez has a private beach in her back garden. The Kardashian-Wests have 4 gold toilets in their home – talk about luxury living…

Your average celebrity will probably never need a mortgage, but you might. If you do, Zing is here to help. We’ll find you an excellent mortgage, and help you secure the home of your dreams. Give us a call to discuss your mortgage needs!

Source: https://www.forbes.com/sites/samanthasharf/2016/07/15/6-ways-celebrities-buy-homes-differently-than-you-and-me/#4daf9fb024d5

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