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Boyband Snap Up Luxury Homes

Boyband Snap Up Luxury Homes

Boyband Snap Up Luxury Homes

By: Nick Marr -  Category: United Kingdom - Added: 2012-07-26

They may have only come third in 2010’s X-Factor contest, but boyband One Direction are already millionaires thanks to their success on both sides of the Atlantic.  Now, according to reports, the quintet re intent on spending their multi-million pound earnings on luxury homes.

Keep reading to learn more about the luxury property being snapped up by the UK’s latest pop sensations.

X-Factor stars snapping up million pound homes in London

The Examiner reports that One Direction have earned £32 million this year and says that the band are ‘credited with driving up the flat prices in London.’  The band has enjoyed a transatlantic hit with their single What Makes You Beautiful and their debut album Up All Night.

Sources say that the band’s Harry Styles already owns a property worth around half a million dollars (£319,400) and both he and band mate Liam Payne are viewing luxury £1 million properties.

A source said: “The boys are working so hard and getting so much attention they want to start seeing what they’ve earned and find somewhere they can call their own and relax in.

“They really like the idea of Primrose Hill. It’s a celebrity haven and they’re the biggest news in town right now.”

Meanwhile other members of the popular band are also spending their million pound fortunes on property.  Once source said: "None of the boys are desperate for money, they are all being sensible by investing in property.”

The Examiner reports that Zayn Malik spent £32,000 on a Bentley Continental GT and is in escrow with the purchase of a £2.4 million home. Zayn also owns a London property that is worth £950,000. Louis Tomlinson spent £45,000 on a Porsche, and a £2.5 million home in London.

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