In a new article for Everything Overseas this week, Black Brick Partner, Caspar Harvard-Walls shares his perspective on the UK property market in autumn.

“The property market has, without doubt, shifted in favour of the buyer, so sellers need to make sure that they give themselves every opportunity of achieving a sale. The most crucial point is price, so owners need to look at their local market and honestly gauge whether they are listed at the right level.” he said.

“Owners who are looking to make a quick sale should make sure that they understand what their target audience demands. If they have a family house, then they should focus on making sure that the kitchen looks its best, rather than focusing on whether the surround sound system works. If, however, the property is likely to appeal to a professional couple, the priorities for the master bedroom and bathroom become much more relevant.”

“As a seller, you want a buyer to aspire to purchase your home. If the property is not taken care of, then this becomes so much more difficult. The first impression really does matter; try to think about your home through the buyer’s eyes. Just because you don’t mind your underwear all over the bedroom floor and the bath full of hair doesn’t mean that everyone else does. If in doubt, keep everything neutral, so that the buyer can imagine what it would be like if they moved in.”

View the article online here.

Black Brick buying agency has warned that some areas of prime central London might face a slowing market in the wake of the Brexit vote.

Sharing how thoughts in a new piece for Estate Agent Today, our Founder and Managing Partner, Camilla Dell commented on how the so-called ‘global-elite’ might not be so affected, though.

“Investors drawn to homes selling in the sub-£2m price bracket will continue, because of those properties’ favourable yields and domestic demand.”, but “the same can’t be said for the prime and new-build outer prime markets.”

Read the full article here.

Black Brick Founder and top London buying agent, Camilla Dell has revealed her thoughts on how Brexit may (or may not) affect the UK property market.

In a new article for Everything Overseas, Camilla shared:

“In the run up to the referendum, we are seeing two types of clients. Some clients are very aware of a potential Brexit and the uncertainty that surrounds the referendum. They therefore want to put their search on hold until the result is known. We have other clients who couldn’t care less. They want to buy, and buy now, and actually see the uncertainty surrounding the referendum as a good opportunity to get a better deal on their London property. The uncertainty is also having an effect on sterling, making London property cheaper for foreign buyers.

“Should we vote to leave, then this will create ongoing uncertainty as the UK seeks to agree a way forwards with the EU. Sterling may weaken even further, again, making London property very attractive to foreign buyers.

“Should we vote to stay in, normality will return to the market straight away and we may see a pickup in transaction volumes as a result of pent up demand from buyers that were waiting in the wings.

“In general terms, London is going to retain its attractiveness to wealthy international buyers regardless of whether the UK remains in the EU. Its cultural attractions, geographic location, legal system, and concentration of talent mean that there will always be demand for prime central London property.”