An elegant townhouse in a revived corner of London

With a luxurious, four-story Victorian townhouse in Earls Court up for sale for a staggering £3.5 million, a new article in The New York Times reflects on the regeneration of its southwest London neighbourhood.

As a London buying agency that’s been in business for nearly 20 years, we shared our experiences and reflections on the ever-changing London market for the article.

“As recently as 10 years ago, there was a real divide between property prices in the Earls Court postcode of SW5 and the South Kensington postcode of SW7”, Black Brick’s Partner, Caspar Harvard-Walls said.

Senior Consultant, Tom Kain added that, “We are seeing higher asking prices there as a result of the ongoing redevelopment,” referring to a long-term project on the site of the former Earls Court Exhibition Center, which has been torn down to make way for new homes and a commercial district.

Read the full article here.

Struggling pound livens up the London housing market

The euro’s seeming dominance over the pound is starting to attract interest for the London property market from wealthy buyers in Europe…

As a top London buying agency specialising in supporting wealthy clients to secure high-end property in the capital, we were delighted to share our perspective (and experience) on the growing number of European investors interested in London homes.

“Property price fluctuations in the next few years would depend on unemployment, interest rates and mortgage availability.”, Camilla Dell, Black Brick Founder shared in The Telegraph.

“Once interest rates start to go back up, it is likely we may see a large number of properties come onto the market in London, and this could put a stop to the recent price rises we have seen over the last few months,” she continued.

Read more in the full article here.