The London and wider UK property market is changing, but how?

A new piece in The Times this week looks at how the market is adapting and evolving as we approach summer.

Sharing our insight into the prime property landscape in London, Black Brick Founder and Managing Partner, Camilla Dell offered her thoughts to the article, predicting that the cooling market for properties over £2 million will bring about clarity on any future tax costs.

Read the full article here.

“Families are increasingly choosing to dig basement extensions as the cost of moving rises”, writes Anna Mikhailova of The Times this week.

Black Brick’s Partner, Caspar Harvard-Walls offered his thoughts for the article, sharing his insight as a top buying agent for London luxury property.

“In central London, the square footage value ofbasements is now treated as the same as the rest of the property. Outside of these areas, values are treated differently — historically, agents valued basement space at approximately 50% less than upper floors, but this is starting to change. Basement excavations can affect the values of a street — a successful sale can bring prices up to a new level.”, he said.

Read the full article here.

“Get the pricing right, have your paperwork in order and proceed with caution if you want to sell in this unusual market”, writes Jayne Dowle of The Times this week.

The property market can be a tricky and testing place to navigate alone. In this piece, we’ve shared our top tips for hpw people can hope to get the best deal, as smoothly as possible, on their house sale.

Leaning on our decade-long experience in the property sector as leading buying agents, Black Brick Partner, Caspar Harvard-Walls shared:

“It’s vital your property is priced competitively otherwise it will become a ‘lever’ flat for the selling agents. A lever flat is where your property is shown to prove to an incoming buyer that another flat is actually really good value. This is to be avoided at all costs.”

Read more in the full article here.

Secret, hidden away homes with beautiful gardens is hardly something you’d imagine London would have.

And yet, a new article in The Times is sharing all about how the UK capital does in fact have a host of tucked away “hidden homes”, and they’re highly sought-after.

In the piece, our Founder and top London buying agent, Camilla Dell offered her advice to those hoping to secure one of these prestigious hideaway homes:

“We recently acquired an off-market house on Earls Terrace in Kensington for a high profile Asian businessman. The road is popular because it’s concealed from Kensington High Street by a high hedgerow and it is also gated with 24/7 security. Even better, you can drive into and out of the car park underneath the houses to avoid being photographer by paparazzi.”, she said.

Read more in the full article here.

Is buying a new-build house a better choice than an older, Victorian or Edwardian home?

In an article for The Times this week, Black Brick’s Founder, Camilla Dell argued that the answer is yes – at least for the prime central London property market, anyway.

“New-build properties priced at £5m or more command a 25% premium over their period equivalents, especially those offering large amounts of the lateral space that is so popular with well-heeled foreign buyers.”, she said.

Read more in the full article here.