February 5, 2024
Nothing is certain except death and taxes,” Benjamin Franklin, the US founding father, once said. Labour may be ahead in the polls but the outcome of the general election remains uncertain.
January 25, 2024
Echoing other reports from across Prime Central London, buying agency Black Brick has reported its busiest January to date, with a flurry of deals and a book of clients with budgets ranging up to £25mn.
January 24, 2024
A staggering 71 per cent of buyers in prime central London chose to buy property using cash this year, according to research by the estate agency Savills.
January 16, 2024
Bargain-hunting home buyers have caused a spike in “gazundering”, a tactic when a buyer makes a lower offer at the eleventh hour to force the seller to cut a property’s price.
January 15, 2024
Falling mortgage rates push up demand but it remains a buyers’ market. Buyers negotiated discounts on 50 per cent of properties sold in 2023. Sellers of UK residential property are expected to rein in lofty price expectations this year as buyers remain cautious despite falling mortgage rates, according to agents and housing market experts.
January 3, 2024
Prime buying agency Black Brick has seen cash buyers double this year. Data from the buying agent shows 66% of clients have bought with cash this year, compared with 34% in 2022.
December 21, 2023
The property and interiors trends we will be taking into 2024, and the ones we will leave firmly behind us.
December 7, 2023
Sellers in London and the South East are being forced to accept offers of an average of £25,000 below their asking price, according to Zoopla’s latest House Price Index.
November 23, 2023
Mayfair-based Black Brick has sourced 23 properties on behalf of its clients this year, including two "rare treasures" in Chelsea and Knightsbridge - and an apartment overlooking the Eiffel Tower in Paris.
November 7, 2023
Minutes from Parliament at Westminster, 9 Millbank used to be the headquarters of Imperial Chemical Industries, formerly the largest manufacturer in Britain, which once made products such as the acrylic plastic Perspex.
November 3, 2023
Buyers are sitting on their hands waiting. Waiting to catch that mythical sweet spot between interest rates falling and property prices rising.
November 1, 2023
Renovating a house from top to bottom is not for the faint-hearted, but if the property is listed, this comes with many added layers of red tape and expense.
October 26, 2023
In the early summer the sun was shining, the air was scented with lilac and Kam Babaee was full of optimism when he put his former family home on to the market for £7.95 million.
October 6, 2023
Owning buy-to-let property can offer a range of benefits, including a passive income and the potential for capital growth. And for those with property in London’s prized ‘golden postcodes’, there’s also the added allure of status.
September 22, 2023
Who would you trust with the biggest investment you’ll ever make; the Labour party or the Conservatives? A year on from Liz Truss’s mini-budget, with mortgage interest rates of 6.5 per cent biting into incomes, it feels as though the connection between politics and the housing market has never been stronger.
We would be delighted to hear from you to discuss your own property requirements. For a non-obligatory consultation, please contact us.
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Marylebone, W1U
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