London’s super-prime property market is roaring back to life. Overseas buyers are beginning to return and the supply of luxury bricks and mortar is set to be boosted by the launch of luxury developments with multimillion-pound price tags.
London’s high-end property market is showing glimmers of recovery as a second consecutive quarter of price increases followed years of falling or flatlining values, according to new data.
Black Brick has signed up eight new clients in the last fortnight – all but one of whom are looking for apartments in London’s top postcodes: ‘It was tumbleweed for 18 months but now it is a frenzy’.
When the UK applied a stamp duty surcharge to overseas property investors in April this year, tax advisors and property consultants were flooded with enquiries from concerned buyers.
Nearly 60 per cent of Britons have tried to find out how much people they know spent on their latest property purchase, new figures have revealed.
With a £175m price tag, property developer Nick Candy’s penthouse at One Hyde Park is in a league of its own.
Although London is generally a sellers’ market right now, particularly for houses, there are always homes which stubbornly fail to sell.
Sales of “super-prime” homes in the capital increased in 2020 despite the pandemic, showing widening gap between rich and poor.
London’s (and indeed the whole country’s) lockdown has shifted people’s attitudes, and first-time buyers are cashing in.
David Bell meets Camilla Dell and Caspar Harvard-Walls from Black Brick where they discuss common misconceptions in the UK property market. Watch below:
In this episode of devcast… Senior Consultant, Ryan Doyle, was joined by luxury real estate advisor, Ms Camilla Dell.
A year ago this week, England’s housing market was temporarily closed as part of the first national coronavirus lockdown.
