After a summer in Hyannis with the Kennedy's Taylor Swift is reportedly set to buy a new home in London

Taylor Swift

The 'We Are Never Ever Getting Back Together' singer - who is rumored to have rekindled her casual romance with One Direction star Harry Styles, 18, just weeks after splitting from Conor Kennedy - is said to have fallen in love with the English capital while promoting her new album 'Red' and is eager to invest in a property there.

A source told gossip website "Taylor is looking into expanding her property portfolio in Europe and London is one of her preferred destinations. She loves being in London, just because it's such a vibrant city and if she had a base there, it would be easier for her to travel around Europe when she's touring.

 "She's also a realist who knows a successful pop career can sometimes be short-lived. She wants to invest the money that's pouring in from the amazing success of 'Red' into real property."

Last year the 22-year-old country singer bought a home in Nashville for $2.5 million. She also reportedly owns a huge penthouse apartment in the city, as well as a $3.3 million home in Beverly Hills.

Taylor also bought a $4.9 million 13-room property in Hyannis Port, Massachusetts in August after spending time in the area with her now ex-boyfriend house Conor, 18, and the property is said to be across the street from his grandmother's home.