January 15, 2024
Falling mortgage rates push up demand but it remains a buyers’ market. Buyers negotiated discounts on 50 per cent of properties sold in 2023. Sellers of UK residential property are expected to rein in lofty price expectations this year as buyers remain cautious despite falling mortgage rates, according to agents and housing market experts.
January 3, 2024
Prime buying agency Black Brick has seen cash buyers double this year. Data from the buying agent shows 66% of clients have bought with cash this year, compared with 34% in 2022.
December 21, 2023
The property and interiors trends we will be taking into 2024, and the ones we will leave firmly behind us.
December 7, 2023
Sellers in London and the South East are being forced to accept offers of an average of £25,000 below their asking price, according to Zoopla’s latest House Price Index.
November 23, 2023
Mayfair-based Black Brick has sourced 23 properties on behalf of its clients this year, including two "rare treasures" in Chelsea and Knightsbridge - and an apartment overlooking the Eiffel Tower in Paris.
November 7, 2023
Minutes from Parliament at Westminster, 9 Millbank used to be the headquarters of Imperial Chemical Industries, formerly the largest manufacturer in Britain, which once made products such as the acrylic plastic Perspex.
November 3, 2023
Buyers are sitting on their hands waiting. Waiting to catch that mythical sweet spot between interest rates falling and property prices rising.
November 1, 2023
Renovating a house from top to bottom is not for the faint-hearted, but if the property is listed, this comes with many added layers of red tape and expense.
October 26, 2023
In the early summer the sun was shining, the air was scented with lilac and Kam Babaee was full of optimism when he put his former family home on to the market for £7.95 million.
October 6, 2023
Owning buy-to-let property can offer a range of benefits, including a passive income and the potential for capital growth. And for those with property in London’s prized ‘golden postcodes’, there’s also the added allure of status.
September 22, 2023
Who would you trust with the biggest investment you’ll ever make; the Labour party or the Conservatives? A year on from Liz Truss’s mini-budget, with mortgage interest rates of 6.5 per cent biting into incomes, it feels as though the connection between politics and the housing market has never been stronger.
September 11, 2023
Demand may have fallen off a cliff during the pandemic, but 2023 has seen apartments mount a resurgence in PCL, accounting for a growing share of sales as lockdown memories fade: 44% of £5mn+ transactions across the capital in the year to last month, up from 40% last year and just 28% in 2021.
London may be no different from other world cities in this regard, but recent media reports have painted a particularly grim picture of the capital: widespread looting, armed burglaries and attacks on high-profile personalities in broad daylight have all featured on the front pages over the summer – and security concerns have even been cited as a factor in some A-listers’ decisions to move out to the country.
September 7, 2023
Answer: They sit on top of the Mediterranean Sea in Monaco, in an enclave designed by a starchitect dream team. And the developers are handpicking every resident By Mark Ellwood Portier is a turn in the road familiar to Formula 1 fans, a double right- hander that tees up one of the trickier stretches of […]
August 10, 2023
It was a pleasure to chat to Bloomberg’s Francine Lacquer and Ray Boulger from John Charcoal about what another rate rise means for London house prices.
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Ealing, W5
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Marylebone, W1U
Paddington, W2
Fulham, SW6
Knightsbridge, SW1X
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West Hampstead, NW6
Highbury, N5
South Kensington, SW7
Earl’s Court, SW6
Chelsea, SW3
