Executives Now Choosing Lifestyle Over Luxury

The traditional markers of executive success are shifting as UK business leaders increasingly abandon prestigious London addresses for rural estates and countryside living. This exclusive contribution for The Executive Magazine written by Mark Geraghty, Partner at Executive Recruit, explores how remote working and changing values are reshaping property aspirations among the nation's most successful professionals
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Mark Geraghty

Partner at Executive Recruit | Contributor at The Executive Magazine

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For generations, the quintessential symbol of success for a UK business leader was a prestigious London address, with the grand townhouses of Mayfair, Kensington, and Belgravia constituting the undisputed pinnacle of achievement. However, through our business leadership role at Executive Recruit and our firm’s deep engagement with C-suite and board-level leaders, a cultural shift becomes evident. We observe a growing cohort of high-calibre individuals consciously eschewing urban density for pastoral tranquillity and expansive space. This migration, as they articulate it, transcends a simple change of scenery or property investment; it signifies a deeper evolution in core personal values. This strategic reprioritisation places a premium on holistic lifestyle, heightened environmental consciousness, and a pragmatic adaptation to the established prevalence of location-independent work.

The Decline of London’s Allure

For decades, owning a property in central London was the pinnacle of aspiration for business leaders. The convenience of being near corporate headquarters, luxury boutiques, and exclusive members’ clubs made these areas highly desirable. However, the rise of remote working, accelerated by the pandemic, has diminished the necessity of a London base. Many executives now find that they can manage global enterprises from anywhere, reducing the appeal of an expensive pied-Ă -terre in the capital.

Moreover, London’s cultural landscape has shifted. The once-bustling wine bars and fine-dining establishments, though still thriving, no longer hold the same exclusivity they once did. Younger entrepreneurs and established leaders alike are increasingly drawn to a different kind of luxury, one defined by space, nature, and a slower pace of life.

The Rise of the Countryside Elite

A decade ago, sprawling estates in the Cotswolds, Surrey, or the Scottish Highlands were often considered secondary investments, weekend retreats rather than primary residences. However, as demand for rural living has surged, these properties have become some of the most coveted assets among the UK’s wealthiest. The shift has been so pronounced that countryside homes once available at relatively modest prices now command premiums, with bidding wars among affluent buyers seeking privacy, land, and a connection to nature.

The appeal extends beyond mere square footage. Many business leaders are now opting for smallholdings, equestrian estates, or sustainable farms, embracing a lifestyle that blends luxury with self-sufficiency. The ability to walk out onto private land, grow organic produce, or keep livestock has become a new status symbol, replacing the need for a Mayfair address.

Lifestyle Over Luxury

This migration is not solely driven by financial considerations but by a fundamental change in values. The fast-paced, high-stress environment of London has lost its allure for many who now prioritise mental well-being, family time, and environmental sustainability. Country living offers fresh air, open spaces, and a sense of community that urban centres often lack. For retirees, in particular, the prospect of spending later years in peaceful isolation, whether in a coastal Cornwall home or a Highlands manor has become increasingly attractive.

Fashion and retail have swiftly adapted to this shift, in fact many led the change. Once-niche country brands like Barbour, Hunter, and Schöffel Country have seen renewed popularity, while high-end designers now cater to the rural elite with tailored tweeds and luxury outdoor wear. The aesthetic of understated, practical elegance has replaced the flashier urban styles of previous decades.

Remote Leadership Challenges

As more high-net-worth individuals embrace rural living or relocate abroad, the challenge of balancing remote leadership with corporate demands has grown. While many businesses no longer require executives to be physically present in city offices daily, identifying leaders who can effectively steer organisations from a distance, while preserving the energy and engagement of in-person leadership, requires a specialised approach.

Executive Recruit excels at identifying senior talent who possess not only the necessary skills but also the discipline and adaptability to lead teams across both digital and physical environments. For executives who have moved to rural settings or sunnier international locations, this means securing roles that allow them to split their time between home offices and periodic in-person engagements, maintaining strong connections with key stakeholders without compromising their preferred lifestyle.

Supporting Semi-Retired Founders in Transition

Many founders stepping back from the day-to-day management of their businesses, often coinciding with a move abroad or to the countryside still require trusted leadership to oversee their urban-based operations. Replacing a founder’s passion and deep understanding of their enterprise demands more than hiring a capable CEO; it requires a leader with an owner’s mindset. Executive search firms specialise in sourcing individuals who align with the founder’s vision and demonstrate the same drive, values, and long-term commitment. Whether it’s appointing a managing director to lead daily operations or a non-executive chair to provide strategic oversight, search partners ensure continuity, enabling founders to step back without relinquishing control.

As the appeal of countryside living continues to rise, executive search firms play an increasingly pivotal role in reshaping leadership models. By connecting remote-ready executives with progressive businesses and supporting semi-retired founders in appointing like-minded successors, they facilitate smooth transitions between urban corporate demands and rural aspirations. The ability to lead from anywhere, without compromising the rigour and impact of traditional leadership will define the next era of business excellence. Executive Recruit is at the forefront of this transformation.

The Future of Elite Living

As more business leaders and high-earning professionals reassess their priorities, the trend towards outside the UK and semi-rural living is likely to continue. The concept of success is no longer confined to postcode prestige but is increasingly defined by quality of life, sustainability, and personal fulfilment. While London will always hold significance as a financial and cultural hub, the countryside has emerged as the new frontier for those seeking both wealth and well-being. The transformation in property aspirations underscores a broader societal shift, one where material excess is no longer the ultimate goal. Instead, the true luxury lies in space, freedom, and the ability to live life on one’s own terms. For the UK’s business elite, the countryside is no longer an escape, it is home.


Executive Recruit is a boutique executive search firm specialising in helping organisations source and attract top-tier leadership talent. With a tailored approach, we partner with businesses to identify high-calibre executives who drive growth and transformation. Their expertise ensures clients find the right blend of experience and acumen to strengthen leadership and board effectiveness.

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