Black Brick Founder & Managing Partner, Camilla Dell joined a panel of luxury property leaders this week, urging the Chancellor to “ease the tax burden on residential transcations, and to make Britain a more hospitable place for international investors & HNWIs.”

The panel comprised of estate agents, buying agents, developers, designers and mortgage brokers, all sharing their hopes and fears for the upcoming 2025 Spring Budget.

In the article by PrimeResi, Camilla reflected that changes to the SDLT regime since 2014 have been “like pouring glue into the London property market”, and urged for a return to the pre-George Osborne “slab” structure.

Read full article here.

With the news of non-dom tax regime abolition, Black Brick Founder & Managing Partner, Camilla Dell featured in PrimeResi this week to share her thoughts, alongside a panel of other experts in prime central London property.

The key consensus? The are no positive takeaways, Camilla concluded:

“There are no positive takeaways with either the Labour or Conservative Party proposed changes to the UK Res Non Dom regime and undoubtedly these changes will cause some UK Res Non Doms to leave the UK in search of more tax friendly jurisdictions and deter some wealthy people from relocating to the UK. Four years simply isn’t long enough for families to settle.

However it remains to be seen what effect the changes will have on PCL property pricing. Quitting the UK doesn’t necessarily mean a property gets sold in the process. And some UK Res Non Doms who have been in the UK for many years and built a life here may decide to swallow the changes as their lives and their families lives would be too disrupted by leaving.”

Read the full article here.

Black Brick buying agency boss, Camilla Dell shares her industry insights and reaction to the 2024 Spring Budget this week in a piece for PrimeResi, alongside fellow property experts and consultants.

Commenting on the reduction of Capital Gains Tax (CGT), Camilla called the news, “helpful and a step in the right direction to get the market moving.”

However, in reaction to the abolishment of Stamp Duty Land Tax (SDLT), her insight found that the change was “shortsighted”, concluding that it was “not good news for tenants as fewer Landlords results in higher rents”.

Read the full article here.

As the time nears for the Spring Budget 2024 announcement, Black Brick boss Camilla Dell shared what she hopes to be revealed in the statement.

Speaking in PrimeResi alongside a host of fellow prime property experts and agencies, Camilla summarised how the luxury property market was feeling ahead of the budget: I think we were all secretly hoping for some good news in this budget as a last-ditch attempt for the Tories to win back some support, but I just don’t see what they can give away tax wise.”

Read the full article here.