A trophy address alone doesn’t do it anymore for buyers of London’s mansions. Along the tree-lined Avenue Road — a stone’s throw from Regent’s Park — with mansions priced at as much as £110 million ($134 million), there’s a burning question on the lips of prospective purchasers: How green are these homes?
The Russians are out; European buyers have gone. So, who are the new super-rich buying in post-Brexit London? After the exodus of the oligarchs from the capital’s most desirable quarters – from the Boltons in Chelsea to Belgrave Square – you might have thought the odd multi-million pound trophy pad might sit derelict for a while.
Wealthy homebuyers are snapping up Mayfair properties at the fastest rate in over two years, as London’s priciest homes defy a slowdown in the city’s housing market.
Wealthy foreign buyers are snapping up London’s most expensive homes in cash, tempted by a cooling property market and weak pound.
Black Brick, a leading London-based buying agency, is pleased to announce that its managing partner and founder, Camilla Dell, will be visiting the Middle East with a business trip to Dubai and Abu Dhabi at the end of January 2023.
If you want to follow the money, head to Dartford in Kent, Waltham Forest on the Essex borders, Trafford in Greater Manchester or Rushcliffe near Nottingham.
After a prolonged boom, house prices have started to drop – but how great will the impact be, and is now the time to buy/sell? We call in an expert to advise.
Black Brick has picked Mayfair, St John’s Wood, North Ken, Acton and Herne Hill as its five locations to watch in the year ahead.
Moving house is said to be one of the most stressful life experiences, right up there with bereavement and divorce. But what about the stress of not moving?
After two years of rocketing house prices, the property market is coming back down to earth. The average house price in the UK decreased for the first time in 15 months, dropping £4,000 from £272,259 to £268,282, in October, according to Nationwide.
The property developer Nick Candy has always had a talent for attracting new wealth.
Savvy property hunters may now be able to secure steep discounts on their purchases as chains break down and rising mortgage rates hit prices.
