Black Brick
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Latest property news
London and SW buying agency goes ‘surf and turf’
Black Brick which is best known for its urban credentials, is expanding into the west country with the help of two new hires.
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Latest property news
Counting the Costa! Great estates push out high street chains to maintain house prices
Leading property search firm says London's big central land owners want to create boutique-strewn 'villages' much beloved of wealthy house hunters.
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Latest property news
Fast-growing luxury buying agent hires former Marsh & Parsons sales star
Fast-growing luxury property buying agent Black Brick has poached one of London’s fast-rising agent stars, Alex Oliver (pictured, right). Harrow-educated Alex has joined Black Brick after four years working in the capital including initially two years and four months at Foxtons in Brook Green as a sales negotiator, and then a year and eight months at Marsh Parsons in Notting Hill. At M&P he was a senior sales negotiator and also one of the company’s top performing sales people. During his career to date Alex says he has sold property worth £50 million in “some of the toughest property markets”. “We are delighted to welcome Alex to the team,” says Camilla Dell, Managing Partner at Black Brick who, like Alex, is a former Foxtons employee (pictured, left). “As a boutique company, we work on a one to one, bespoke basis with our clients and Alex’s knowledge, expertise and personal approach is the perfect fit for our company ethos.” The company says its success is down to current market conditions and increased demand from buyers seeking impartial advice from the buying agency. The growing team now consists of nine staff, with plans for further expansion in the coming months. Times interview…
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Latest property news
10% more off-market sales in London so far this year
London’s slowing property market has driven 10% more vendors in its prime central markets to dispose of their homes via off-market sales this year, according to Mayfair-based buying agent Black Brick. The company says it considers ‘off market’ to be those which are sold directly via the vendor to the seller, via an estate agent, who will utilise their contacts to sell a property without any marketing or brochures, or those sold from buying agent to buying agent. Some 38% of all properties sold by Black Brick during the first six months of the year were sold this way, it says, an increase of 10% compared to last year. The company says this is because London’s super-rich are increasingly anxious about putting their homes on the open market, and particularly worried about then having to drop their asking price, as London’s prime property markets cool off dramatically. Off-market sales According to Lonres, prices per square foot in London’s prime central postcodes have dipped by 11% since their 2014 peak and that vendors are waiting five months to find a buyer, on average. And Hamptons recently reported that foreign buyers have all but deserted central London since the EU Referendum, while…
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Movers & Shakers
Black Brick launches hotel acquisition arm
Black Brick has appointed Edward Minter as Development Consultant, focusing on sourcing high value residential development deals for larger institutional clients. Edward will also help to develop Black Brick’s new hotel acquisition arm. Edward trained as a property lawyer, working for London’s top law firms, Eversheds and DLA Piper. He will focus on servicing the growing interest in development investment and help to create a new hotel acquisition arm as buying hotels has become more popular, particularly with overseas investors who view hotels as a safe haven investment class. Edward says, “I’m very excited to be a part of the Black Brick team and to have this great opportunity to help them build the hotel acquisitions portfolio. I hope my experience across the high end property market will really add to their already well established list of successes.” Camilla Dell, Managing Partner said, “We’re delighted to welcome Edward and looking forward to working with him on the establishment of our new hotel acquisition arm. With Edward on board, we will now be able to tap into these opportunities and assist clients looking to diversify their portfolios in hotel investment.”
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