In the Press

Live in the present with new-build

Proposals unveiled last week by the government to boost the housing market — including a scheme to help encourage the return of 95% mortgages — are, as ever, directed towards the new-build market, which is, at present, turning out less than half the number of properties required.

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Is buying a new-build house a better choice than an older, Victorian or Edwardian home?

In an article for The Times this week, Black Brick’s Founder, Camilla Dell argued that the answer is yes – at least for the prime central London property market, anyway.

“New-build properties priced at £5m or more command a 25% premium over their period equivalents, especially those offering large amounts of the lateral space that is so popular with well-heeled foreign buyers.”, she said.

Read more in the full article here.