“Is it tax changes, market timing or something more sinister?”, asks Melissa York in her new piece this week for The Times.
The question comes as parts of London’s most luxurious and high-priced areas begin to empty, leading to a rather dramatic stand-still in the capital’s prime property market.
Camilla Dell shared her insights into just why this may be the case, citing how many luxurious London home owners find their city properties too un-prepared to cater for their short trips into the capital. With no full-time lodgers, the homes go empty with dust collecting, no clean bedsheets, and no food in the fridge.
She also shared how Black Brick have found a solution to the problem in our development of Prime Property Asset Management, where we check over empty, second-home properties for heating, plumbing, electrics and ventilation, and prepare them as warm, clean homes stocked with fresh groceries, flowers and wine, ready for their owner’s arrival.
Read more in the full article here.