Harry and Meghan announce Responsible Technology Youth Power Fund

       Prince Harry and Meghan Markle are reportedly house hunting looking at a possible new property in Malibu, having spent last weekend looking at a ￡6.37 million six-acre plot overlooking the Pacific Ocean.

       The estimated cost of construction on the land would be a further ￡8 million.

       According to US website TMZ, the couple are said to be drawn to the home due to the privacy it offers and its closeness to Hollywood.

       The property boasts "a guard house at the front of the property, plus a huge pool" while foundations have been laid for a 10,000-square-foot main residence, with added security provided by a "long driveway up to where the main house would sit".

       The Sussexes currently live in an ￡11.15 million mansion in Montecito, which is quite far from Hollywood, however the Malibu property would be less than a hour's drive away from the heart of Los Angeles

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       Harry and Meghan may be relocating (Image: Getty)

       TMZ reported that the couple are "talking about selling their Montecito home and moving to Malibu full-time.

       "It's close enough to Hollywood for them to do business, but far enough from Hollywood to give them security and privacy."

       Harry and Meghan are looking to boost their careers following mixed results from their joint endeavours with Netflix and Spotify.

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