Musk ally buys £57m London penthouse in UK’s biggest deal since 2024

Igor Babuschkin, the co-creator of Elon Musk’s xAI, has purchased the largest penthouse in Park Modern, a £530 million development overlooking Hyde Park

Black Brick’s Camilla Dell is featured in The Times giving commentary on the new Park Modern development on Queensway.

To learn more, read the article here.

‘My home is no mansion’: the suburb left on the brink by new tax

Affected residents of London and the wider UK have been asked to share their thoughts on the new £2 million mansion tax.

Announced by Chancellor Rachel Reeves in the Budget last week, the tax is set to add a surcharge of £2,500 to £7,500 a year in council tax bills for owners of properties valued at more than £2 million.

Black Brick Managing Partner Camilla Dell shared her insights in a feature for The Times written by Martina Lees, discussing how buying agents like us are adapting to the tax news and supporting clients for future purchases.

Read the article here.

Is Rachel Reeves really destroying the housing market?

Whilst we anxiously await the Autumn Budget announcement, the property market stands still.

The Chancellor is set to announce key tax changes soon that will surely impact the UK housing market, but the details of which we just don’t know yet. Speculation is rife but still, we wait. And whilst we wait, the market slows.

Our Managing Partner and highly regarded London buying agent, Camilla Dell shared her input in a feature for The Times, forecasting what announcements may be made and our prime property buyers will adapt.

Read it here.

Property market freezes as tax rises spook buyers

Featuring in The Times this week with David Byers and Emanuele Midolo, Black Brick Managing Partner, Camilla Dell shares her thoughts on Rachel Reeves’s upcoming budget and its potential impacts on the UK property market.

“I don’t think I’ve ever seen so much kite-flying in a run-up to an autumn statement in my entire professional career,” Camilla commented.

Read the full article here.

Best coastal towns to live in the UK 2025

Popular with avid swimmers, sailors and outdoor adventurists, our many coastal towns are a staple of our culture as an island nation here in the UK.

Rupert Stephenson, Regional Director for Devon, Dorset and Somerset at Black Brick buying agents, has lent his expertise to The Times’ latest feature on the best UK coastal towns and regions to find homes in this year.

Popular with avid swimmers, sailors and outdoor adventurists, our many coastal towns are a staple of our culture as an island nation here in the UK.

Written by Tim Palmer, Rupert has shared his experience and expertise on why some coastal hotspots in England, Wales, Scotland and Northern Ireland are better than others, considering aspects like property prices, living affordability, culture and community.

Read the article here.

First-time buyers today are going straight for the family house

In a new feature for The Times, Black Brick Managing Partner, Camilla Dell shares why young people are leaning towards buying their ‘forever home’ early on, rather than climbing the ever-challenging property ladder.

“In the old days, you might buy your studio, then sell it, then buy your one-bed, then sell, then a two or three-bed, then a family house,” she said. “That pattern, certainly in London, has vanished as a result of extortionately high stamp duty rates. People are moving less and trying to future-proof. First-time buyers want a house that will last them a good ten years.”

Read the full article by Hugh Graham here.

How interest rate cuts will help revive our flagging housing market

With over 100,000 property sellers cutting their prices last month alone, it poses the question: is the Bank of England’s base rate cut signal future mortgage rate reductions?

Speaking with David Byers of The Times, Black Brick Managing Partner and experienced UK property expert Camilla Dell shares why she believes the impact of Labour’s tax rises, and in particular the end of the non-dom scheme, is hobbling the priciest parts of London.

“Buyers of prime London property are nervous about buying into a market with excessively high stamp duty rates and an exodus of wealthy people leaving our shores for more favourable tax jurisdictions.”

Read the full article here.