London luxury-homes price gains accelerate on overseas demand

Luxury homes in London soared at the fastest rate in a year this May, a new report has revealed.

Sharing our insights into this year’s market in prime property, Black Brick’s Founder, Camilla Dell offered her thoughts in Bloomberg this week.

“For many investors and potential owner-occupiers based in fast-growing emerging countries, prices of prime central London property are actually well below the 2007 peak in their own currency terms.”, Camilla shared.

“For international investors scouring the world for unique assets with a degree of safety that aren’t exorbitantly valued, prime central London continues to fit the bill,” she continued. “Prices are unlikely to fall soon because the shortage of properties is fueling competition between purchasers.”

London’s Rich Tap New Breed of Broker in Hunt for Homes

Louise Beale interviews Camilla Dell for Bloomberg News, reporting on the use of buying agents to secure homes in the central London residential property market, where demand outstrips supply.

London luxury-homes revival may be hit by bonus curbs

The curb on banking bonuses in Britain may well lead to a stunted recovery rate for London’s luxury property market.

In a new piece for Bloomberg this week, we share our thoughts a top buying agency for prime central London property:

“The curb on bonuses will result in there being less competition,” said Camilla Dell, Founder of Black Brick buying agency. “Price rises are bound to be lower if you cut off a large chunk of the buyers.”, she continued.