Monday, January 7, 2013

Living Like Lord Grantham

Living like an Lord isn't cheap! CNBC's Robert Frank takes a look at what it costs to keep up the lavish "Downton Abbey like" lifestyle. Click here to watch the video. Trust me it's worth the click!

With this week's premiere of the third season of "Downton Abbey," we decided to take a look at what it costs to buy, own and maintain a grand estate in the U.K.

Rupert Sweeting, head of the Country Department of Knight Frank in London, said that the biggest costs of owning a country estate are the staff. He said that for a "moderate-sized" 1,500 acre spread, you'll need a butler, cook, secretary, groundspeople and cleaning staff.

"And for hunts, you need gamekeepers, one or two at the very least," he said.
Total annual cost for the staff would be anywhere between $600,000 to $1 million a year.

Watch the video & read more here.

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