Black's Property Blog

Adrian Black delivers critical property market insights and the influences, behaviour and money driving them.

Blog entries tagged with: "property" - [remove filter]

Demystifying lease extensions and buying a share of freehold

Demystifying lease extensions and buying a share of freehold

by Adrian Black, Friday 20 May 2016

  We often get asked how the length of a lease can affect the value of a property. It is a pretty well defined determination requiring a set process and a certain level of judgement and possibly the involvement of the Leasehold Valuation Tribunal (LVT). Fundamentally, the process considers the remaining length of lease, ground rents and what is called a marriage value -

Read more...
High end property owners in West Prime Central London breathe a huge sigh of relief

High end property owners in West Prime Central London breathe a huge sigh of relief

by Adrian Black, Thursday 14 May 2015

Never has there been the degree of concern in west prime central London as existed before this General Election. The triple spectre of mansion tax, abolition of non-dom status and accelerated Annual Tax on Enveloped Dwellings “ATED” (which will probably continue) resulted in a large fall in both spend and transaction volumes. We estimate that half the money was sp

Read more...
300,000 new homes a year will get us back on track

300,000 new homes a year will get us back on track

by Adrian Black, Thursday 16 April 2015

As I have mentioned in previous blog posts, we are not building enough new homes. Planning policy and, arguably, greenbelt policy are holding us back. Constructing 10 new garden cities is a bold idea and one that should be embraced and supported. It is projected that the plan could lead to 300,000 new homes a year.   Further details at

Read more...
Spend on west prime central London property heading to more normal levels - vendors just don't have to or don't want to sell

Spend on west prime central London property heading to more normal levels - vendors just don't have to or don't want to sell

by Adrian Black, Thursday 02 April 2015

When we look back we will see that 2014 was an exceptional year for spending on property in West Prime Central London. In spite of the upcoming general election, spend in the area for this quarter will be at around normal levels looking back over the last 10 to 12 years. We estimate that about £1.2bn will be reported as being spent on property in this area in Q1 20

Read more...
Budgets, Balancing, Asset Sales, Home Building, the Green Belt and House Prices

Budgets, Balancing, Asset Sales, Home Building, the Green Belt and House Prices

by Adrian Black, Thursday 19 March 2015

There is a lot in the title, but it’s all important to consider when projecting the future of the housing market. Budgets, as we all know, are balancing acts. And at the moment all political nous is focussed at getting more vote support for the upcoming election. The Help-to-Buy ISA is another potential £3,000 free boost to a buyer’s deposit - it will b

Read more...
Green Belt

Green Belt

by Adrian Black, Thursday 26 February 2015

More supporting argument to build on a little green belt offered by Baron Valentine in today’s City A.M. We have run the arguments in previous blogs but doesn’t do any harm to continue supporting them. Main points: Only one fifth of London’s Green Belt is environmentally-protected land, parks and public access land 76% of the Gre

Read more...
Comments on FT article on ways to cool the property market

Comments on FT article on ways to cool the property market

by Adrian Black, Thursday 11 September 2014

Good article in FT on ways to cool the property market - that said I don't think we should be cooling it but we should be making it bigger, also I think an important aspect was missed.  For the financiers amongst us we all understand capital adequacy - one great way of managing lending is to change weights on risk assets and hence the capital required to support them. Some oth

Read more...
More help to supply support

More help to supply support

by Adrian Black, Friday 27 June 2014

Really good article by Samuel Brittain in the FT on 19th June supporting building on a small part of the greenbelt http://www.ft.com/cms/s/0/06b74300-efed-11e3-a943-00144feabdc0.html#ixzz35pwM0ch7 He also referenced a comment by Prof Paul Cheshire  in the London School of Econ

Read more...

Subscribe

Sign up for the latest posts via RSS Rss.

Curious about the value of your property?

Get a free, no-obligation valuation and receive a YOUeye report for your property and local area.