Black Brick launches new country and coast department – expanding into the West Country

April 2, 2024

Multi-award-winning buying agency Black Brick is expanding out of prime central London, the Home Counties, and the South East following its most successful start to any year to date.

Well-known agency expands with new ‘country and coast’ offering

March 21, 2024

Black Brick is expanding out of prime central London, the Home Counties, and the South East, with the launch of a new country and coast department.

Buying agency Black Brick rolls into the West Country

Property buying agency Black Brick has set up a new arm covering locations across the West Country. The Mayfair-based firm’s new country and coast department, launched to coincide with this year’s spring market, will be overseen by two new recruits – both of whom will be based out in the field.

Spring Budget 2024: all the housing and property announcements from Chancellor Jeremy Hunt

March 6, 2024

There were hopes that the Spring Budget 2024 could bring new schemes to help first-time buyers and surprising tax cuts. Chancellor Jeremy Hunt promised that “building homes for young people” is a priority in his speech. But anyone hoping for the much trailed 99 per cent mortgage scheme, stamp duty relief for downsizers, or a Lifetime ISA penalty repeal to help London’s first-time buyers will go home empty handed.

‘Another missed opportunity’: Prime property industry reactions to the Spring Budget 2024

The property industry seems underwhelmed by this year’s Spring Budget. Chancellor Jeremy Hunt set out a suite of tax tweaks and spending pledges, but stopped short of pulling any blockbuster moves.

Large London Apartments Are Disappearing, Meaning It’s a Great Time to Own One

March 4, 2024

London building restrictions are making sprawling single-story luxury apartments harder to find even as their appeal skyrockets—presenting a situation that nearly promises buyers of such units future financial upside. 

Budget 2024: The prime property sector’s hopes & expectations

February 28, 2024

Jeremy Hunt is preparing the next big outing for HM Treasury’s red box, limbering-up to make a suite of tax and fiscal policy announcements next week. His speech on 6th March will very likely be the last big Budget address before the next General Election – which means the Chancellor is more likely to pedal vote-garnering tax-cutting policies than in a less politically-charged year.

Why The UK’s Foreign Homebuyers Will Have To Pay More Tax

February 5, 2024

Nothing is certain except death and taxes,” Benjamin Franklin, the US founding father, once said. Labour may be ahead in the polls but the outcome of the general election remains uncertain.

PCL Buying Agency Reports ‘busiest-ever’ January as Market Reignites

January 25, 2024

Echoing other reports from across Prime Central London, buying agency Black Brick has reported its busiest January to date, with a flurry of deals and a book of clients with budgets ranging up to £25mn.

How To Beat A Cash Buyer For A Property Purchase

January 24, 2024

A staggering 71 per cent of buyers in prime central London chose to buy property using cash this year, according to research by the estate agency Savills.

Bargain-Hunting Home Buyers Behind Spike In ‘Gazundering’

January 16, 2024

Bargain-hunting home buyers have caused a spike in “gazundering”, a tactic when a buyer makes a lower offer at the eleventh hour to force the seller to cut a property’s price.

Cautious UK Homebuyers Force Correction In Sellers’ Price Expectations

January 15, 2024

Falling mortgage rates push up demand but it remains a buyers’ market. Buyers negotiated discounts on 50 per cent of properties sold in 2023. Sellers of UK residential property are expected to rein in lofty price expectations this year as buyers remain cautious despite falling mortgage rates, according to agents and housing market experts.

Buying Agent Boosted By Increased Cash Sales

January 3, 2024

Prime buying agency Black Brick has seen cash buyers double this year. Data from the buying agent shows 66% of clients have bought with cash this year, compared with 34% in 2022.

The 2023 London Property Trends Barometer: From Mega Discounts on Mega-Mansions to the Quirkiest Auctions

December 21, 2023

The property and interiors trends we will be taking into 2024, and the ones we will leave firmly behind us.

House Price Falls: London Sellers Accepting Hefty Price Reductions in Buyers’ Market

December 7, 2023

Sellers in London and the South East are being forced to accept offers of an average of £25,000 below their asking price, according to Zoopla’s latest House Price Index.