The president from across the pond has once again shocked the world this week, this time with tariff turmoil that led to a stock market meltdown.

But just how much will they impact the London and wider UK property market? Black Brick Managing Partner and renowned buying agent, Camilla Dell shared her thoughts on the news in a new piece for The Times.

Having founded Black Brick Buying Agents in 2007, just before the financial crisis, Camilla commented that London’s luxury property market was already a buyer’s market well before Trump came along. The tariff news is just the latest in a series of that has led to the market slowdown, rather than the main reason. “The result of stamp duty increases and non-dom tax changes have caused prices in London to decrease to levels not seen since the financial crisis,” Camilla was quoted.

Read the piece written by Hugh Graham, David Byers and Carol Lewis here.

“Is it tax changes, market timing or something more sinister?”, asks Melissa York in her new piece this week for The Times.

The question comes as parts of London’s most luxurious and high-priced areas begin to empty, leading to a rather dramatic stand-still in the capital’s prime property market.

Camilla Dell shared her insights into just why this may be the case, citing how many luxurious London home owners find their city properties too un-prepared to cater for their short trips into the capital. With no full-time lodgers, the homes go empty with dust collecting, no clean bedsheets, and no food in the fridge.

She also shared how Black Brick have found a solution to the problem in our development of Prime Property Asset Management, where we check over empty, second-home properties for heating, plumbing, electrics and ventilation, and prepare them as warm, clean homes stocked with fresh groceries, flowers and wine, ready for their owner’s arrival.

Read more in the full article here.

As London’s premium property market prices have dramatically fallen, buyers can now get more for their money by buying in the UK capital compared to overseas.

Speaking with The Times, Black Brick Founder Camilla Dell says that this is “great news” for London, with 25% of our clients being American buyers.

“We’re pretty busy, despite the fact that the super-prime end of the market is coming down — and that’s just a fact.”

Read the full article here.

Right now in London, it seems to be confusingly both a buyers’ market and a sellers’ market.

Speaking in The Times, our Managing Partner, Camilla Dell shared her thoughts on the current state of our capital’s property market:

“In the outer prime London family neighbourhoods like Fulham and Clapham we’re definitely seeing increased competition, sealed bids, not enough supply and more buyers than there is available stock,” she said. “Part of the reason is people are moving less. In the days when stamp duty was lower, people would take baby steps up the housing ladder. Now they save and live with their parents for longer, and when they are ready to buy, they start with a family house. And that has caused increased competition.”

Read the full article by Hugh Graham here.

A new article in The Times this week has predicted the future of the UK housing market for 2025, and the findings are too remarkable not to share.

 

Reporting on the state of the housing market in London and beyond, writer David Byers drew on the 20 years’ experience of Black Brick Managing Partner Camilla Dell for his research into which most affluent UK property regions would be most affected this coming year.

Read the article here.

In a new article in The Times, writer Zoe Dare Hall discusses the best selling points for buying property in London and the wider UK.

Camilla Dell, Black Brick Founder & Managing Partner shared her insights into what key features buyers look for when browsing through neighbourhoods, namely being in close proximity to a Waitrose, or Gail’s!

Read the full article here.

Black Brick buying agents Rupert Stephenson, of the West Country branch, and Anna Sharp, of the Cornwall Branch, spoke with David Byers for a new piece in The Times this week that reflects on how expectated tax rises in the Autumn Budget are causing chaos in the property market.

“Some holiday homes that have been in the same family for generations are now coming up for sale as people not only worry about CGT but also have been affected by the change in holiday let tax relief and landlord relief that was imposed by the last government.” Rupert said, including “a number of prime estates, farms, and coastal properties”, particularly around Exeter and Salcombe in Devon, ranging between £4 million and £10 million.

Meanwhile just up the road, Anna shared that as international travel has increased, UK holiday bookings are down by around 37% in Cornwall. Combined with soaring mortgage rates, this trend has majorly impacted investors’ pockets. “For many, it is no longer a viable business transaction, with the yields simply not adding up,” she said.

Read the full article here.

Listed homes are usually worth around 50% more than unlisted ones, but there are often extra hidden costs and damages that buyers should be cautious of.

Sharing his insight into the nooks and crannies of the property market, Black Brick Buying Agent Tom Kain advises in The Times this week that buyers looking at listed properties should always be wary of undisclosed building consent regulations before buying anything.

“It is a case of buyer beware when understanding how they have been updated,” he said. To avoid an unexpected bill, Kain recommends asking a surveyor to compare the building with the listing description and commissioning a heritage consultant report that outlines whether enforcement is likely and gives an idea of the costs involved.

Read the full article here.

As people increasingly begin to crave a slower-paced lifestyle away from the concrete jungles of the UK, seaside properties are fast becoming some of our nation’s most desired places to live.

Our Regional Director for Cornwall, Anna Sharp has offered her thoughts to The Times this week to share her expertise on which particular seaside towns home hunters should be looking at to buy in 2024.

From the stunning sandy beaches of Cornwall to the wild coasts of Scotland, there are so many great places to live by the sea in our beautiful nation. But when you account for each seaside town’s culture, property pricing and architectural attraction, it’s clear to see which places are ranking the very best.

Read the article here.

Rich buyers from the US don’t care so much about UK politics, they’re happy to pay premium for the best of our country’s properties.

“None of [our American clients] are really talking to us about a Labour government or the general election and how that may impact them,” Camilla Dell, Founder of Black Brick, told The Times this week. “Some of them have been talking to us about Donald Trump, saying that if he gets elected [in the US] they’re going to think twice whether they want to stay there or even come here permanently. But others think Trump is good news for anybody in America who’s got money.”

Read the full article here.