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Bloomberg

Luxury Mayfair homes are selling at the fastest rate since 2020

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.

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Enquiries are up 60% this year at Black Brick

Black Brick notes some ‘green shoots of hope’ across the prime postcodes. Few were predicting a bouncy start for the housing market in 2023, but agents are making increasingly encouraging noises about activity levels across the prime postcodes.

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How wealthy foreigners are using the weak pound to snap up London homes

Wealthy foreign buyers are snapping up London’s most expensive homes in cash, tempted by a cooling property market and weak pound.

Zawya

Black Brick to visit UAE and advise where to buy in London this year

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.

The Sunday Times

The new house price hotspots favoured by high earners

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.

Luxury London

How will the property market fare in 2023?

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.

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Where to buy in London in 2023

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.

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Why are so many property sales collapsing?

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?

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Gazundering backfires for buyers as deals collapse

The practice of gazundering reared its head in the wake of the ill-fated mini-budget, but it doesn’t sound like vendors have been buying it.

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House prices are falling. Should I wait to sell my property?

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.

Investec

Q&A: Navigating the London property market

As the UK economy continues to be subjected to inflationary pressures and rising interest rates, many of our clients are closely monitoring the property market to understand how these challenges may impact their investments and buying decisions in the coming months.

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Nick Candy flips £8.7m Mayfair flat to cash in on pound slump

The property developer Nick Candy has always had a talent for attracting new wealth.