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Strictly Come Dancing’s Craig Revel Horwood’s home for sale for £3.3m

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The stunning Hampshire home of Strictly Come Dancing judge Craig Revel Horwood is for sale at £3,295,000 – and it’s a property that’s strictly glamorous.

Inside, the seven-bedroom country house matches the famous sparkling personality of its owner with plenty of glitz, including a Swarovski crystal-encrusted Buddha in the living room, clear designer dining chairs in the kitchen and a white grand piano in the impressive conservatory.

Fittingly, the conservatory has three bespoke glitter balls as finials, also covered in Swarovski crystals.

MailOnline Property spoke exclusively to Craig about his love for the house, why despite that he is selling up, and his property plans for the future. 

It's a 10!: The stunning Hampshire home of Strictly Come Dancing judge Craig Revel Horwood is for sale for £3,295,000

It’s a 10!: The stunning Hampshire home of Strictly Come Dancing judge Craig Revel Horwood is for sale for £3,295,000

The grand countryside property has a long driveway, sits in seven acres and has five bathrooms along with its seven bedrooms.

The performer has lived at the property for the past seven years, having previously lived in London’s Camden. 

About the interior design of his home in Middlecot near Andover, he said: ‘It is not going to suit everyone, but there are a lot of sparkles and I love it here.

‘It is more like a London house in the middle of Hampshire. It was built in 2008 and I have lived here for seven years.’

The main living room has wooden flooring, a large stone fireplace and a Swarovski crystal-encrusted Buddha

The main living room has wooden flooring, a large stone fireplace and a Swarovski crystal-encrusted Buddha

Craig has lived at the property for seven years and has loved being part of the Hampshire village with his fantastic neighbours

Craig has lived at the property for seven years and has loved being part of the Hampshire village with his fantastic neighbours

The sale of the modern countryside property in Hampshire's Middlecot, Quarley, is being handled by estate agents Dybles

The sale of the modern countryside property in Hampshire’s Middlecot, Quarley, is being handled by estate agents Dybles

Each of the rooms at the property are spacious, and even the conservatory has sufficient room to house a grand piano

Each of the rooms at the property are spacious, and even the conservatory has sufficient room to house a grand piano

The 'vol-au-vent' kitchen is separate from the professional kitchen and is perfect for entertaining family and friends

The ‘vol-au-vent’ kitchen is separate from the professional kitchen and is perfect for entertaining family and friends

The dancing show judge’s favourite parts of the house, include the orangery and the conservatory.

He said: ‘In the glass house, you are really sitting in the garden and you feel connected to that when the bifolds are open.

‘You can sit it in quietly and observe nature and the animals, such as the deer.’

Craig's engagement to Jonathan Myring means that the couple are now looking to move closer to Jonathan's family

Craig’s engagement to Jonathan Myring means that the couple are now looking to move closer to Jonathan’s family

Craig installed this large conservatory at the rural property to make the most of the surrounding countryside views

Craig installed this large conservatory at the rural property to make the most of the surrounding countryside views

Craig's favourite part of the house: The large conservatory has bifold doors that lead into the main living area

Craig’s favourite part of the house: The large conservatory has bifold doors that lead into the main living area

The dining room also has bifold doors that open out onto the conservatory, along with a fireplace and a large mirror

The dining room also has bifold doors that open out onto the conservatory, along with a fireplace and a large mirror

On moving out of the capital, Craig said: ‘I had no idea what it was going to be like moving to the countryside, in fact I was quite afraid of the dark having been used to city street lights permeating the dark.

‘But now I wouldn’t give it up for the world and only go back to London for work. I’m really pleased I made the decision seven years ago to move here.’

However, his engagement to Jonathan Myring means that the couple are now looking to move closer to his partner’s family.

Craig said: ‘We want to move north, a similar distance from London, to be near Jonathan’s family. That is the only reason we are moving.’ 

Behind the scenes: There is a separate chef's kitchen where the food is prepared when Craig hosted lavish dinner parties in pre-pandemic lockdown times

Behind the scenes: There is a separate chef’s kitchen where the food is prepared when Craig hosted lavish dinner parties in pre-pandemic lockdown times

Keeping on dancing! There is a dedicated space in the house for working out using some gym equipment and free weights

Keeping on dancing! There is a dedicated space in the house for working out using some gym equipment and free weights

There is plenty of sparkle throughout the house, including large mirrors and a long glass chandelier that hangs over the stairs

There is plenty of sparkle throughout the house, including large mirrors and a long glass chandelier that hangs over the stairs

A bedroom fit for a diva? In total, the Hampshire property boasts seven bedrooms, as well as  five bathrooms

A bedroom fit for a diva? In total, the Hampshire property boasts seven bedrooms, as well as  five bathrooms

Craig loves the house and has added some parts, including a separate chef’s kitchen. It leaves the original kitchen as an entertaining space.

He said: ‘You come out into the vol-au-vent kitchen. If you have a dinner party and you want to prep everything, it is good to have the second kitchen area.’

He explains that his favourite dinner party guests – in pre-lockdown days – were his ‘oldest friends from London’ who don’t come to the country for a day, but have stayed for a week as they see it as a holiday.

The house is certainly big enough to accommodate a large party with its vast entertaining space and its separate annexe.

Craig added a kitchen to the annexe, which he says would be ideal for someone who works from home.

Craig spoke exclusively to MailOnline Property about how difficult it will be to leave the house he has fallen in love with

Craig spoke exclusively to MailOnline Property about how difficult it will be to leave the house he has fallen in love with

The property has a separate annexe, which now includes a sleeping area, office space and a well-equipped kitchen

The property has a separate annexe, which now includes a sleeping area, office space and a well-equipped kitchen

Outside on the patio, there is more space for dining and entertaining, which is surrounded by seven acres of land

Outside on the patio, there is more space for dining and entertaining, which is surrounded by seven acres of land

The fun continues outside with an inviting hot tub and a large swimming pool - overlooked by a couple of penguin statues

The fun continues outside with an inviting hot tub and a large swimming pool – overlooked by a couple of penguin statues

Craig told MailOnline Property that he shall miss the neighbours in Hampshire, who he described as 'fantastic'

 Craig told MailOnline Property that he shall miss the neighbours in Hampshire, who he described as ‘fantastic’

Craig also has plans to start his own vineyard. These will now continue in a separate location, although he had moved down the road of creating one at his Andover home.

He said: ‘Covid struck and we couldn’t get hold of the vines. I don’t have the same amount of land in the new property, which has two acres rather than the seven that we have now, so we will need to look at buying additional land.

‘We had the soil tested here and it is possible to grow Champagne. It is a Champagne area and the land is on an incline. It is perfect for that.’

Craig says it will be difficult to leave the property, but he is ready to start his new chapter with his fiancé.

He said: ‘I have absolutely loved living here and being part of Hampshire. I shall miss all the neighbours, who are fantastic and you don’t often get that. It will be a difficult house to give up as I have totally fallen in love with it.

‘It is a new adventure and we are now going to start our married lives together in a new place near his family. It will be so nice to share our lives together a bit more.’

Vineyard business potential: Craig has had the soil tested at the property and says it is possible to grow grapes for Champagne-style wine

Vineyard business potential: Craig has had the soil tested at the property and says it is possible to grow grapes for Champagne-style wine

One of the many features that Craig loves about the property is the long driveway that leads up to the main entrance

One of the many features that Craig loves about the property is the long driveway that leads up to the main entrance

: There is a large multi-car garage, which houses a large woodburner

The property is ideal for those with several cars as there is a multi-car garage, which also houses a large woodburner

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Could equity release be used to help more younger homebuyers?

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Younger first-time buyers could be given more financial help from the Bank of Grandma and Grandad, through the use of improved equity release products, a new report suggests.

The document written by Tom McPhail, of consultancy The Lang Cat, claimed that younger buyers are missing out because older members of their family are unable to satisfactorily tap into their property wealth.

Mr McPhail said: ‘Releasing some of the equity in a property means older homeowners can choose when and how they share their wealth with younger generations.

‘An equity release by grandparents of say £20,000 now, could be transformational for a 20 something struggling to raise a deposit and get on the housing ladder but would make only a very modest dent to the value of the grandparent’s house.’

Releasing some of the equity in a property means older homeowners can choose when and how they share their wealth with younger generations, says new report

Releasing some of the equity in a property means older homeowners can choose when and how they share their wealth with younger generations, says new report

The report acknowledged that equity release has endured a poor reputation in the past after customers suffered ‘severe’ financial knocks.

The sector has been criticised for encouraging people to take on debt, particularly later on in life.

There has also been other concerns about equity release, such as customers falling into negative equity where the value of a property is less than the loan taken out against it when house prices fall.

The report suggested that while the equity release sector has since begun to put ‘its house in order’, it is ‘still not perfect’ and some regulatory safeguards need to be strengthened.

It called for several issues to be looked at, including early redemption charges on equity release products.

It said that most providers apply a simple sliding scale of charges, for example 10 per cent in year on to 1 per cent in year 10.

However, it claimed that some providers apply an early redemption charge based on prevailing gilt rates at that time, putting customers at an ‘unfair disadvantage’.

This is because the fees are not transparent as there is no way a customer can know in advance whether they’d be liable for a charge and if so, how much. 

In the past, customers have also fallen foul of the small print on their equity release loans when it comes to early-redemption penalties – such as couples who must pay an exit fee unless both of them need to go into care.

The report also raised questions about interest rates on equity release products. It said providers should be consistent with their lending criteria and not move the goalposts after customers have taken out a loan, as this can make it harder for them to access a top-up loan in the future, potentially forcing them to remortgage. 

Equity release products could help people access their property wealth to help younger members of their family onto the property ladder

Equity release products could help people access their property wealth to help younger members of their family onto the property ladder

The report argued that equity release products could help people access their property wealth to help younger members of their family onto the property ladder.

Mr McPhail added: ‘Raising a deposit has become an increasingly significant barrier to getting on the housing ladder, with increasing numbers of first-time buyers having to rely on financial help from older generations.

‘Releasing some of the equity in a property allows older homeowners to choose when and how they share their wealth with the younger generation.

‘This more targeted approach gives them greater control to use their assets to the maximum benefit at the point of need.’

Raising a deposit is a barrier to getting on the housing ladder, with increasing numbers of first-time buyers having to rely on financial help from older generations, says the report's author Tom McPhail

Raising a deposit is a barrier to getting on the housing ladder, with increasing numbers of first-time buyers having to rely on financial help from older generations, says the report’s author Tom McPhail

Equity release: How it works and advice

To help readers considering equity release, This is Money has partnered with Age Partnership+, independent advisers who specialise in retirement mortgages and equity release. 

Age Partnership+ compares deals across the whole of the market and their advisers can help you work out whether equity release is right for you – or whether there are better options, such as downsizing. 

Age Partnership+ advisers can also see if those with existing equity release deals can save money by switching. 

You can compare equity release rates and work out how much you could potentially borrow with This is Money’s new calculator powered by broker Age Partnership+.* 

 * Partner link

Jonathan Harris, of mortgage broker Forensic Property Finance, said: ‘Equity release has historically been viewed as a ‘murky’, high-risk sector, fuelled by minimal regulation, poorly-qualified advisers, only a handful of lenders and extortionately high interest rates.

‘Fast forward to today and we see a dramatically transformed sector, benefiting from strict regulation, highly-qualified advisers, multiple lenders and access to very competitive interest rates. 

‘Not surprisingly, equity release is now a viable and growing market for older borrowers looking to utilise the gains seen on property prices to bolster lifestyles, as well as pass on wealth to children when they need it.

‘Those considering equity release should make sure they understand the implications and involve family in any decision-making. It is always important to seek advice from suitably-qualified advisers.’

It comes as a separate report by Legal & General suggested that one in every £90 spent by retired Britons is funded by equity release.

It said that equity release funded an estimated £3billion in retirement spending last year, although it didn’t mentioned the money going to younger generations towards buying a property.

Instead, the report’s survey of 2,000 homeowners found that those with equity release have most frequently used the product to finance home improvements, at 26 per cent.

It said equity release is also being used to support costs such as medical expenses at 17 per cent, maintaining living standards in retirement at 16 per cent, and paying off personal debt at 16 per cent, for example paying off interest-only mortgages. 

It suggested that equity release is likely to play an increasingly important role in financing care-related expenses, with 19 per cent of prospective homeowners citing it as a consideration.

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Allianz Real Estate buys prime office building in Rome (IT)

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Allianz Real Estate, advised by Dils, has acquired an office property in the centre of Rome. The transaction, worth circa €175m, is one of the most important to have been carried out on the real estate market in Rome in recent years.

 

The building, consisting of eleven storeys, comprising nine above-ground and two underground, has a gross lettable area of circa 22,000m² and has undergone a major refurbishment, offering the highest environmental sustainability and energy efficiency standards (LEED Gold Certification). The strategic location, between the CBD and Termini Station, is enjoying great success, especially among corporate occupiers. 

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NCC sells Valby office scheme (DK)

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NCC is selling Kontorværket 1 office project in Valby, Copenhagen to Industriens Pension. The building will become biotech company Genmab’s new headquarters and will meet high environmental standards for both the building and the area. The transaction will be conducted as a company divestment, based on an underlying property value of approximately €81.9m (SEK875m). Transfer of the project and payment of the purchase consideration is expected to result in a positive earnings effect in the NCC Property Development business area in the first quarter of 2023.

 

“We are now selling Kontorværket 1, the first phase of our development project in Valby in the central parts of Copenhagen. Here we have developed property with an optimal infrastructure and appealing architecture, and I am pleased that Industriens Pension is now taking over,” said Joachim Holmberg, Business Area Manager, NCC Property Development.

 

Kontorværket 1 encompasses 16,000m² of lettable area and also includes a basement featuring a parking garage next to the building, with space for 280 vehicles and facilities for parking bicycles.

 

“This is an attractive and future-proof office property, located in an area with very good infrastructure, a motorway, a nearby metro and S-train station. The 15-year lease with Genmab fits well with our strategy as a long-term owner, and we expect the property to contribute a stable return for our members for many years to come. We look forward to welcoming Genmab’s experts in biotechnology,” said Soren Tang Kristensen, Head of Real Estate Investments, Industriens Pension.

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