Inhouse November 2006 Edition
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Transcript of Inhouse November 2006 Edition
residential sales lettings new homes international investment
www.lawlors.co.uk
inhousepage contents
1 Woodside Road
2/3 Personal Choice - Black Bush Farm
4/5 Chigwell
6 Bang & Olufsen
7 Repton Park
8/9 Loughton
10/11 Vantis plc
12 Lawlors International
13 Lawlors International and Bancroft School
14/15 Elite Homes
16 Foskett Marr Gadsby & Head
17 BB Partnership Ltd
18/19 Woodford
20 Michael Edmeades
21 Savills Private Finance
22/23 Lettings
24 Sofa Design
25 The Kilns
26 Diabetes UK, All Clear, Ash & Embers
27 SJK Interiors Ltd
28 Majestic Gardens, Cyprus
2 inhouse november 06
choicea personal
november 06 inhouse 3
PRICE GUIDE: £2,200,000 SOLE AGENT
BLACK BUSH FARM • HOOK LANE • LAMBOURNE END
A Grade II Listed Elizabethan Farmhouse built circa 1600
and set amidst 5.2 acres of landscaped gardens and
paddocks. In addition to the main Four Bedroom detached
residence, there is an additional two bedroom annex. In
addition to the accommodation there are various
outbuildings which offer stabling for nine horses, heated
swimming pool and tennis court.
Grade II Listed Farm house comprising: four bedrooms, two
bathrooms, lounge, dining room, study, fitted kitchen/breakfast
room, utility room, TV room, family room, games room, cloakroom,
Gardener's room and cellars.
· Self-Contained Annex including: lounge, dining room,
kitchen, study and two bedrooms both with bathrooms
· Stabling for nine horses with paddocks and land extending
to 5 acres
· Planning permission for additional Barn Conversion
which could be sold as a separate residence
· Leisure Facilities including: swimming pool and tennis court
For more information, please contact the Chigwell office on
020 8281 0123
Stradbroke Drive, Chigwell £1,399,995
Five Bedroom Detached residence offering Cloakroom/WC,
lounge, family room, dining room, kitchen/breakfast room,
utility room, master bedroom with en-suite, family bathroom,
detached double garage & carriage driveway.
Manor Road, Chigwell £1,250,000
Five Double Bedroom Detached Property situated in Chigwell. This particular
home has been carefully maintained and some benefits include master bedroom
with en-suite bathroom, four further bedrooms, kitchen/breakfast room plus
three further reception rooms, to the front of the property there is a block
paved carriage driveway and to the rear there is a mature 135' rear garden.
4 inhouse november 06
LAWLORSPROPERTY SERVICES
A selection of properties currently for sale in Chigwell and surrounding areas.
Retreat Way, Chigwell £335,000
Three Bedroom Modern Build Mid-Terraced House, set in a
semi-rural location and ideal for all local amenities and giving
easy access to neighbouring towns and major routes into the
City. This property also benefits with off street parking.
Lambourne Road, Chigwell £595,000
Four Bedroom Detached Property set over three levels. Property
offers good sized family accommodation with a spacious open
plan lounge to dining area. Utility room, two bathrooms, lounge,
dining room, kitchen, secluded rear garden & off-street parking.
Meadow Way, Chigwell £1,225,000
Four Double Bedroom Detached local to amenities and
Chigwell's Central Line Station, the property has planning
permission for the triple garage to be changed into living
accommodation and first storey extension.
Brook Rise, Chigwell £579,995
Four Double Bedroom Detached Property in a sought after
location within a short walking distance to Chigwell
Station and all local amenities. This property is beautifully
presented throughout and viewing is highly recommended.
november 06 inhouse 5
Please call 020 8281 0123 for more information on these and many more.
116 High Road, Chigwell,Essex, IG7 5BJ
t: 020 8281 0123 f: 020 8281 0222e: [email protected]
Meadow Way, Chigwell £1,100,000
A Four Bedroom Detached family home on a corner plot
boasting a spacious kitchen/breakfast room, utility room,
three receptions and a study. The garden is in excess of
130ft.
Chigwell Rise, Chigwell £965,000
A beautifully presented Four Bedroom Detached Property
with three receptions, fully fitted kitchen/breakfast room, a
southerly aspect garden and being in close proximity to
Chigwell Central Line station and local shops and amenities.
Chevers Halls Barn, Ongar £750,000
This property has the most spectacular views, being set in
a semi-rural setting. It has four bedrooms, a large dining
hall and a spacious kitchen/breakfast room. This property
also benefits from a detached garage with ample parking.
New Forest Lane, Chigwell £999,995
Character Four Bedroom Family Residence in one Chigwell's
most popular turnings, this property benefits from a beautiful
mature garden with outdoor swimming pool and an
outhouse, an early internal viewing is highly recommended.
Manor Road, Chigwell £1,550,000
This Originally Built Four Bedroom-Detached Family Residence
situated with elevated views over looking Chigwell Golf
Course, in excess of 75ft frontage and has potential for further
enhancement subject to the normal planning regulations.
Grove Lane, Chigwell £999,995
This Four Bedroom Detached Cottage is full of charm
and character and is in an idyllic location, this property
has a pool house which is covered with heated
swimming pool and a leisure area.
Manor Road, Chigwell £2,150,000
Beautifully presented Georgian-style Five Double Bedroom
Detached residence, overlooking Chigwell Golf Course with
stunning un-interrupted views. Boasting spacious
accommodation including five bathrooms.
Chigwell Drive, Chigwell £789,995
Three Bedroom Detached Property with two receptions and
a spacious fully fitted kitchen, two attached garages to the
side of the property and has the possibility of an extension
subject to local planning permission.
Stradbroke Drive, Chigwell £1,999,995
A Six Bedroom Spacious Corner Plot Detached Property
in most sought after location. This property a spacious
living accommodation, an attached double garage, three
en-suite bathrooms and a separate family bathroom.
Bartholemew House, Repton Park £515,000
Stunning Three Bedroom, First Floor Apartment offering
spectacular views. Impressive spacious accommodation
boasting solid wood flooring and Granite work surfaces,
viewing highly recommended immediately.
november 06 inhouse 7
Devonshire House £599,995
A Stunning Three Bedroom Ground Floor Apartment, boasting
three bathrooms, spacious lounge, separate dining room, a fully
fitted kitchen/breakfast room, high ceilings with decorative
covings and having two parking spaces.
Kensington House £369,995
This particularly well-presented Two/Three Bedroom, First Floor
Apartment. This home benefits from its flexible
accommodation, two allocated underground parking spaces
and 24hr 7 day concierge service is also available.
Bartholemew House, Repton Park £439,995
Situated in the prestigious grounds of Repton Park is this first
floor 'blank canvass' for a would be enthusiast to create its own
identity as it has a floor space of approx 15 50 sq ft. Boasting
high vaulted ceiling and large double glazed sash bay windows.
A selection of properties currently for sale in Repton Park
Regents Drive, Repton Park £1,050,000
This six Bedroom Detached Property is set in the tranquil
grounds of Repton Park, with two receptions and a beautifully
crafted kitchen/breakfast room with additional living area, with
en-suite to two bedrooms and two additional bathrooms.
Kensington House £339,995
Spacious Two Bedroom First Floor Apartment set in the tranquil
surrounds of Repton Park. This property benefits from having
spacious living accommodation, kitchen with breakfast bar area
and beautiful views.
Tavistock House £399,000
Immaculate Two Bedroom First Floor Apartment with
stunning views of the surrounding grounds, each bedroom
having an en-suite with an additional guest cloakroom and
with no ongoing chain, a viewing is highly recommended.
Burnett Road, The Avenue £524,995
Three Bedroom Semi-Detached Property with first floor balcony
and integral garaging. This particular abode is arranged over
three floors and comes complete with a fully fitted
kitchen/breakfast room and separate utility room.
116 High Road, Chigwell,Essex, IG7 5BJ
t: 020 8281 0123 f: 020 8281 0222e: [email protected]
ReptonPark
LAWLORSPROPERTY SERVICES
Currently we are experiencing a high
demand for sale and rental properties on
Repton Park, if you would be interested in
speaking to one of our negotiators and
arranging a free valuation please contact
our Chigwell Office on
020 8281 0123.
Swan Lane Great, Woodcote Park £730,000
Situated on the prestigious "Great Woodcote Park" we have
delight in offering to the market this four bedroom detached
property. Benefits include study, dining room, cloakroom,
lounge, kitchen, conservatory, master bedroom, en suite.
8 inhouse november 06
A selection of properties currently for sale in Loughton and surrounding areas.
Albany View, Buckhurst Hill £449,995
Beautifully presented Three Bedroom, Chalet-style House offering
modern fitted kitchen and bathroom, large conservatory and
underfloor heating. Lounge, dining room, kitchen, conservatory,
bathroom, separate WC, single and off-street parking.
Palmeston Road, Buckhurst Hill £1,100,000
Six Bedroom Character Detached family residence situated
within this sought-after road and being ideally placed for the
shopping amenities of fashionable Queens Road, and the
Central Line with its transports link to The City and West End.
Bridge Barn, Coopersale £975,000
Three Bedroom Award-winning Grade II Listed Barn-Conversion
with far-reaching views over surrounding countryside. The
property has a stable block with separate living accommodation
with ample parking and room for garage if required.
Treetops View, Gt Woodcote Park £845,000
Lawlors are delighted to offer for sale this Five Bedroom Executive
Detached Family Residence located on the Popular Gated
development of Great Woodcote Park. The property offers spacious
living accommodation and is offered in good decorative order.
Little Plucketts Way, Buckhurst Hill £1,250,000
An impressive Five/Six Bedroom executive detached family residence situated in what is
popularly regarded as Buckhurst Hill's premier road. The property is within close
proximity of the Central Line Tube Station, Queens Road .
LAWLORSPROPERTY SERVICES
SALE
AGREED
november 06 inhouse 9
Valley Hill, Loughton £269,995
Spacious Two Bedroom Ground Floor Apartment offered in
stunning decorative order, offering security entry phone system,
allocated parking and own decked garden. Open plan lounge/
diner/kitchen, main bathroom & own & communal gardens.
Lower Park Road, Loughton £530,000
Four/Five Bedroom Victorian residence situated in close
proximity to the shopping facilities of the High road and
Central Line Tube Station with its transport links to The City
& West End.
Park Hill Loughton £575,000
Four Bedroom Detached Property set over three levels. The property
offers good sized family accommodation with a spacious open plan
lounge to dining area. Utility room, two family bathrooms, lounge,
dining room, kitchen, secluded rear garden & off-street parking.
Please call 020 8502 5588 for more information on these and many more.
165 High Road, Loughton,Essex, IG10 4LF
t: 020 8502 5588 f: 020 8502 5802e: [email protected]
Warren Hill, Loughton £675,000
Delightful Four Bedroom Chalet Bungalow offering much
charm and character and is situated in this prime residential
road in Loughton opposite Epping Forest
Devon Close, Buckhurst Hill £529,995
Four Bedroom extended 1930's Semi-Detached residence,
situated in a popular cul-de-sac within Buckhurst Hill, within close
proximity to fashionable Queens Road and Central Line Tube
Station. The property is in excellent decorative order throughout .
Firs Drive, Loughton £499,995
Three Bedroom BUNGALOW situated in a quiet residential
cul-de-sac in North Loughton. This particular property is
offered chain free and can be located by proceeding from
our office in the direction of Epping.
Westbury Road, Buckhurst Hill £489,995
Character residence which is situated on a corner plot being
in the catchment area for St Johns School and ideally
located for the shopping facilities of fashionable Queens
Road and the Central Line Station.
Tycehurst Hill Loughton £840,000
Substantial Four Bedroom Detached family residence
offering: family room, lounge, study, kitchen/breakfast
room, utility room, cloakroom/WC, master bedroom with
en-suite, family bathroom, garage & off-street parking.
Forest Height, Buckhurst Hill £329,995
Two Bedroom First Floor Apartment which has been
refurbished throughout to an excellent standard. Situated
within this prestigious development set behind security
gates with porterage and delightfully landscaped grounds.
Some of your financial questions answered…DAVID KIRKWOOD OF LOCAL ACCOUNTANTS, TAX AND BUSINESS ADVISERS VANTIS, COMMENTS ON SOME OF OUR READERS
FINANCIAL QUERIES THAT HAVE BEEN RECEIVED OVER THE LAST MONTH.
We had a good response to our article last month, which offered the option of providing guidance and advice to some of your financial
questions. This month we have picked the following three interesting issues to deal with.
QUESTION ONE
BEATING THE TWO-HOME TAX
“I own a house in Essex which I use during the week as my job is based here.
My wife owns a home in Scotland solely in her name. I was wondering what
capital gains tax l would pay on a profit of £62,000 when l come to sell the
house in Essex and move back to
Scotland. How can I reduce
the Capital Gains Tax
bill?”
ANSWER:
• A capital gain arising on the sale of your main residence is exempt from capital
gains tax as this is covered by the principal private residence relief. It would
appear you have two residences but the relief is only available on one of these.
You will note that although the house in Scotland is in your wife's name, as a
couple you are deemed to have one matrimonial home irrespective of whose
name the property is in.
• Normally in cases where an individual has more than one residence you
may make an election to the Inland Revenue informing them of the
property that is your main residence, so that the principal private
residence (PPR) relief can be obtained if this property is sold.
• If an election is not in place the PPR will be determined based
on the facts of the case. If it is the case that your PPR is the
house in Scotland, any gains arising on the sale of the other
residence will not be covered by the PPR relief and will be
subject to capital gains tax.
• The capital gain will be reduced by the capital gain annual
exemption which is currently £8,800 for the tax year 2006/07.
You can also obtain capital gains taper relief to further reduce
the gain, but this will depend on when the property was
purchased and how long you owned it before sale. Taper relief
is based on a percentage reduction of the gain and is on a sliding
scale from 5% for properties purchased after 6 April 1998 and
owned for three complete years before sale to a maximum of 40%
if owned for 10 years. If the property was purchased before 6 April
1998 a bonus year is added to the number of complete tax years the
property is held.
10 inhouse november 06
november 06 inhouse 11
QUESTION TWO
DO I HAVE TO GO BUY-TO-LET?
“I have a flat which is coming up for remortgage after five years. I currently live
in South Africa where my husband and I are self-employed. We are both British
but he has South African citizenship and we moved to Cape Town almost five
years ago. The flat has been rented out for the entire period. As this is now the
only flat we have in the UK can we call it our primary residence and so not have
to go down the buy-to-let route in order to get a better mortgage rate of
interest?”
ANSWER:
• The fact that you are both British and this is your only UK property does not
entitle you necessarily to a residential mortgage on the property, as it
depends on your future intentions.
• If you propose merely to retain the property as an investment, and rented
out, then you would have to continue with a buy-to-let mortgage.
• If however it is your intention to return to the UK and resume occupancy of
the property at some stage, then it may be possible to raise a residential
mortgage on the property. This will of course be subject to application to the
lending institution, and your ability to prove a suitable level of income in the
UK for repayment purposes.
QUESTION THREE
WILL WORK LODGING AFFECT MY HOME?
“I am an assistant housemistress and as a condition of my employment I have
to live in accommodation provided by the school. I am just about to buy a flat
and wonder what the tax implications would be if I wanted to let it? Can I claim
it as my private residence if I stay in it for a couple of months before I let it?
Would I be liable for capital gains tax when I sell it? ”
ANSWER:
• As your job requires you to live in the accommodation provided at the school, you
are able to own a residential property and claim exemption from CGT for it as your
main residence which you intend, in due course, to occupy as your main residence.
• The fact that you may let the flat while you are in the job-related
accommodation should not create a chargeable capital gain for that period
of the letting. But if the rental income exceeds your outgoings – including
the interest (but not the capital repayments) on a mortgage – incurred in
maintaining the flat, you will have an income tax liability on the excess.
• It would be recommended that, if possible, your intention to occupy the flat
is borne out by the fact that you do live there for a while. But it is the
intention, rather than the actual occupation, which attracts the exemption
for the period when you did not live there. I would therefore also
recommend that you record on the letting pages of your annual tax return,
that it is your intention to occupy the property as your residence, when you
leave your job-related accommodation.
Previous Vantis articles can be read on-line at www.lawlors.co.uk/publications.asp
Vantis has a vibrant local office in
Loughton, with a team of experts
who know the area and its
businesses well. Vantis is the 13th
largest firm of accountants, tax and
business advisers in the UK and has
the specialist skills to advise on all
aspects of taxation.
Call David Kirkwoodat Vantis inLoughton, on
020 8502 0411www.vantisplc.com/loughton
The content of this document is intended for general guidance only and, where relevant, represents ourunderstanding of current law and HM Revenue and Customs practice. Action should not be taken withoutseeking professional advice. No responsibility for loss by any person acting or refraining from action as a result ofthe material in this document can be accepted and we cannot assume legal liability for any errors or omissionsthis document may contain. © Vantis, OCTOBER 2006. All rights reserved. Vantis Group Ltd, a Vantis plc groupcompany, is regulated by the Institute of Chartered Accountants in England and Wales for a range of investmentbusiness activities.
Vantis - QUESTIONS & ANSWERS
Do you have a financial query for our experts?
If you have a question on any aspect of your finances that you would
like to see featured in future issues of Inhouse, then do please get in
touch. All you need to do is send a typed copy of your question, either
by e-mail to [email protected] with “Inhouse Reader Questions”
in the subject line, or by post to: Inhouse Readers Questions,
c/o David Kirkwood, Vantis, Crown House, 151 High Road, Loughton,
Essex, IG10 4LG.
Unfortunately we can't publish answers to all the questions that
we receive. To increase your chances of being picked, please take care
to write your question in simple, clear English and to include any facts
and figures that you feel will help us fully understand the situation.
Alternatively, for a personal consultation, contact David Kirkwood
directly.
12 inhouse november 06
Peninsula is proud to announce the launch ofMedina Elvira. Set in the beautiful and tranquilvalley at the Medina Elvira golf resort, frontline golfluxury apartments, duplex penthouses and lofts,offering a wide variety of apartment types,including the latest top of the range fittings andunheard of attention to detail.
Medina is all about views. Spectacular views overthe golf valley, panoramic lake views and breath-taking views of the Sierra Nevada mountains.
All residents have access to the exclusive 18 holegolf course and country club, the Hotel and Spaand the horse riding centre.
Combine this with the historical city of Granada(10 min) skiing at Spain’s best ski resort (25 min)and close proximity to Granada internationalairport (10 min) – Medina has to be the ultimatelifestyle/investment opportunity.
FROM AS LITTLE AS10% DEPOSIT
GUARANTEED RENTALPROGRAM ONSELECTED UNITS FOR UPTO 10 YEARS
FULL ON SITEPROPERTYMANAGEMENT
14% REAL ANNUALCAPITAL APPRECIATION
JACUZZI DECKSON SELECTED UNITS
PLEASE CONTACT SAM LIBORWICH AT OUR LOUGHTON OFFICE ON
020 8502 5588 OR EMAIL: [email protected]
G R A N A D A
november 06 inhouse 13
BANCROFT’S SCHOOLFounded 1737
OPEN MORNINGFor 11+ entry in September 2007
Saturday 25th November 2006 at 10.00am
Full details of entry to the School at 7+ 11+ 13+ and Sixth Form level may be obtained from:The Admissions Secretary, Bancroft’s School, Woodford Green, Essex IG8 0RF
Telephone: 020 8506 6761E-mail: [email protected] www.bancrofts.essex.sch.uk
Co-Educational 7-18 Independent HMC Day School
PLEASE CONTACT SAM LIBORWICH AT OUR LOUGHTON OFFICE ON
020 8502 5588 OR EMAIL: [email protected]
INTERNATIONAL CITY, PHASE III, DUBAI
BUY TO LET OPPORTUNITY
An unrivalled opportunity to buy a fully furnished, air
conditioned apartment with allocated parking with a
guaranteed rental yield of 10% per annum gross for the
first three years.
For just a 30% deposit (70% mortgage available) with
nothing more to pay until completion, you will own an
apartment in cosmopolitan Dubai and benefit from capital
appreciation while the property is rented and managed.
Lawlors Property Services have partnered with
The Property Platform, to offer this exclusive
development at International City.
YOUR FUTURE. YOUR CHOICE.
apartments from
£47,000
14 inhouse november 06
A stunning individually designed family
residence backing onto Woodford Golf Course
This contemporary property has been decorated to
the exacting standards of the current vendors
providing stunning accommodation over three
floors Property benefits include: modern fitted
kitchen, utility room, sitting room, dining room,
cloakroom, master bedroom with luxury bathroom.
Three further bedrooms, sauna, spacious garage
and landscaped rear garden.
WOODSIDE ROAD , WOODFORD GREEN PRICE GUIDE: POA
For more information, please contact our Woodford office on
020 8506 0828
HAINAULT ROAD,CHIGWELLPRICE GUIDE: £1,450,000
A Beautifully Presented Four Bedroom
Detached Property backing Chigwell Golf
Course and benefits from three receptions
and a fully fitted kitchen/breakfast room.
An early viewing is highly recommended as there is
no onward chain.
For more information, please contactour Chigwell office on
020 8281 0123
LAWLORS• E L I T E H O M E S •
november 06 inhouse 15
Seven Bedroom Detached Property which is
totally bespoke and is designed to reflect
`21st Century modern living accommodation.
This property boasts many features including an
automation system which includes curtains closure,
mood lighting, control keypad video entry system
(full alarm, security system and fire alarm system
with central vacuuming on all floors), TV and
Internet systems, music which is integrated
throughout the property including bathrooms.
This property also has five bathrooms and a fully
fitted modern kitchen/breakfast room with granite
work surfaces.
TOMSWOOD ROAD, CHIGWELL PRICE GUIDE: £2,100,000
ALDERTON HILLLOUGHTON
PRICE GUIDE: £1.25M
Delightful family residence new to the market
for the first time in over 20 years located on
this prestigious road.
The property benefits from spacious
accommodation including imposing reception hall,
kitchen/breakfast room, sitting room, dining room,
family room. Two bedrooms with en-suite facilities,
two further bedrooms, family bathroom,
cloakroom, garage carriage driveway, landscaped
rear garden.
For more information, please contactour Loughton office on
020 8502 5588
For more information, please contact our Chigwell office on
020 8281 0123
My notion of what it would be
like to be a top international
finance lawyer took a battering
this week when watching a TV
programme about the inability
of the Japanese to make use of
the vast majority of their land
for building homes.Geographical flaws means most Japanese land is
unstable and they are confined to living mainly in a
few coastal areas. This of course means extravagant
property prices which push housing costs way
beyond the reach of most. The Japanese have
accomplished this shortage by building up and
scaling down. Skyscrapers dominate cities like
Tokyo. One apartment, only 6 feet by 10 has been
home to a high flying Japanese lawyer for 17 years.
It was almost possible to touch all door
walls without moving from
the middle of
the floor.
Luckily, whilst Britain is an island and we continue to
look for ways to build more and more houses on a
limited space, we are not yet in such dire straights.
Property prices have increased though because of
limited availability. Even with some mortgage
companies offering loans of up to six times annual
salary, record prices make it extremely difficult for a
single person first time purchaser.
At foskett marr we are increasingly asked to advise
in situations where a number of friends or
colleagues group together to buy a single property
Joint ownership schemes of this type are not
complex but do require some forethought. As with
all transactions its relatively easy to buy but much
more difficult to provide for the continued living
arrangements and for the eventual sale of a
property.
In practical terms mortgage lenders
will only allow one mortgage on a
home and the group will have to
agree which mortgage product
suits their needs, and taking into
account their individual savings,
how big a loan they require
In addition to advising on a purchase for a joint
purchase we also help with the creation of a deed
of trust which clearly records the position and
ambition of all parties. In the first place the deed sets
out the contribution each person has made to the
purchase price and the legal costs and expenses. It
then establishes what share of the proceeds each
owner will receive when the property is sold, and
can also provide for their respective contributions to
continuing expenses such as the mortgage and
other outgoings including repairs. Usually these
schemes become difficult when one party wants to
sell or leave and a good deed of trust allows a
mechanism for that to happen, or provides a
formula to allow that persons share to be bought
out.
Luckily Britain is not as short of space as Japan. So if
you are considering a joint or group purchase please
call us, we don’t speak Japanese, but we do speak
good common sense, helping you make your move
run as smoothly as possible.
Duncan Gadsby: partner
Foskett Marr Gadsby & Head
16 inhouse november 06
High Road, Woodford Green £719,995
Four/five bedroom, three-storey, semi-detached Georgian
family residence. Benefits include, master bedroom with
en-suite shower room, three/four reception rooms, two
bathrooms, rear garden and off street parking.
18 inhouse november 06
A selection of properties currently for sale in Woodford Green and surrounding areas.
Princes Road, Buckhurst Hill £499,995
Benefits include two receptions, kitchen/morning room,
conservatory, in our opinion nice size rear garden with
separate detached self-contained cottage and off street
parking. An internal viewing is a must to fully appreciate.
Percival House, Woodford Green £265,000
Two bedroom ground floor apartment benefiting from
underground parking, an en-suite shower room to the
master bedroom plus an additional bathroom.
Monkhams Ave, Woodford Green £575,000
Circa 1870 Four Bedroom Terrace family property
boasting spacious accommodation over three floors.
Situated on the ever-sought after Monkhams Estate,
immediate viewing is encourage to avoid disappointment.
Shorepoint, Buckhurst Hill £355,000
The property benefits from an open plan lounge /
kitchen with double doors leading to a patio area,
en-suite shower room to the master bedroom.
Immediate viewing is recommended to fully appreciate.
GROVE PARK, WANSTEAD £675,000
This detached Two Bedroom property benefits from a large through lounge
and dinning area, downstairs bathroom. All the bedrooms benefit from fitted
wardrobes offering ample storage, and in our opinion this property offers a
wonderful garden too.
LAWLORSPROPERTY SERVICES
Monkhams Lane, Woodford Green £740,000
Offered to market is this character Four Double Bedroom
property located on the ever popular Monkhams Estate in
Woodford Green. The property has a good sized front for
off street parking with garage and mature rear garden.
november 06 inhouse 19
Please call 020 8506 0828 for more information on these and many more.
457 High Road Woodford Green,Essex, IG8 0XE
t: 020 8506 0828 f: 020 8506 9101e: [email protected]
Raine Gardens, Woodford Green £295,000
BRAND NEW Two bedroom, Two bathroom first floor
apartment, benefiting from open planned kitchen/lounge
and allocated parking. Viewing by appointment only via
Lawlors property Services Woodford Green.
Sunset Avenue, Woodford Green £895,000
Situated in Sunset Avenue is the Fabulously Presented
Detached Four Bedroom Colonial Style Residence with
uninterrupted views across Woodford Golf Course.
Cranfield Sunset Ave, Woodford Green £299,995
Two double bedroom second floor flat with views over
the local forest and Golf Course. The property benefits
from good sized lounge/diner, kitchen, family bathroom,
communal grounds, parking and garage en-block.
Clementine Walk, Woodford Green £275,000
Offered CHAIN FREE is this spacious Two Double Bedroom
Apartment benefiting from an en-suite shower room to
master bedroom, Lounge with balcony, separate kitchen,
family bathroom and secure underground parking.
Shorepoint, Buckhurst Hill £249,995
Delightful One Bedroom, Top floor Apartment situated
within this prestigious gated development this is an ideal
first-time or investment purchase. Carpets and Washer
Dryer are all inc in this price.
Sky Peals, Woodford Green £560,000
A delightful four bedroom end of terrace family home has
come onto the market offering an abundance of rooms
and space for the whole family to enjoy. A viewing is highly
recommended to appreciate all that is on offer.
Snakes Lane West, Woodford £550,000
Three bedroom Detached Residence benefitting from
three bedrooms, open plan style kitchen/diner, family
room, sitting room, downstairs cloakroom, off street
parking and detached garage to the rear.
Beech Tree Glade, London £379,995
Offering on to the market this three bedroom semi
detached family home, which has outstanding views of
Epping Forest. Benefitting from en suite to master bedroom,
garage to rear, lounge, dining/morning room.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. There will be a fee for mortgage advice. The precise amount will depend upon your circumstances and loan amount, we estimate that the fee will be 0.73% of the amount borrowed. The views expressed and the informationcontained herein is generic and does not constitute advice. Savills Private Finance Limited (SPF) is authorised and regulated by the Financial Services Authority (FSA). The FSA does not regulate buy-to-let or commercialmortgages and taxation advice. Savills Private Finance Limited, 25 Finsbury Circus, London EC2M 7EE. October 2006.
By WENDY DOCHERTY, consultant
SAVILLS PRIVATE FINANCE
Many borrowers start the hunt for a mortgage by scouring the ‘best buy’
tables in their local or national newspaper, or on the Internet. These can be
useful, showing at a glance the cheapest mortgage rates available for a variety of
products – fixed, discounted, base-rate tracker deals etc - at that particular time.
The downside of these tables is that they paint
only part of the picture. They rank products
according to the rate of interest charged for taking
out that deal, with the cheapest topping the pile.
But rate is just one of a number of factors that
should be considered when choosing a mortgage.
The arrangement fee, which you pay to the lender
when you take out a mortgage, is also very
important, particularly as these have been
increasing in recent years. The trend towards
charging high arrangement fees means those
products sitting at the top of the best buy tables
can work out to be far less attractive once this
extra cost is factored in. A typical arrangement fee
can be anything between £500 and £700 but
some lenders charge as much as 1.5 per cent of
the mortgage amount.
High fees aren’t always a problem. As a general
rule, the bigger the mortgage you take out, the
more important the rate of interest is and the less
important the fee. But the reverse is true the
smaller the mortgage: the fee takes on more
importance than the rate.
ADDING FEES TO THE MORTGAGE
Some lenders let you add the arrangement fee to
the mortgage rather than pay it upfront. This may
help with budgeting, particularly as many people
are short of money when buying a new home. But
if you add the fee to the mortgage it is important
to remember that you are paying it back over a
longer period of time – potentially the length of
the mortgage term. This means you end up paying
more because you will have to pay interest at the
same rate as that charged on your mortgage, as
well as the original fee.
USE AN INDEPENDENT MORTGAGE BROKER
The important thing to remember when choosing
a mortgage is to compare like with like. Work out
the total monthly cost of the mortgage to you –
taking into account the rate plus the fees – and
then compare it with what else is on the market. If
you can’t do the sums yourself, an independent
mortgage broker will be able to do it for you.
Finding the right mortgage involves lots of work,
as there are so many different deals available from
scores of lenders. Finding the most competitive
deal is a time-consuming task unless you use a
mortgage broker.
Using an independent broker, such as Savills
Private Finance (SPF), will give you access to the
whole of the market. The likelihood is that those
restricted to a panel of lenders will not be able to
find the best deal.
A good broker will be able to talk through what
sort of loan suits your circumstances and help you
choose a suitable mortgage. SPF also offers
exclusive rates and products, saving you even more
money.
november 06 inhouse 21
22 inhouse november 06
Chigwell Road, Woodford Green £675 pcm
• AVAILABLE SOON
• One Bedroom
• New Carpets
• Modern Kitchen
Forest Heights, Buckhurst Hill £850 pcm
• AVAILABLE END OF OCTOBER - UNFURNISHED
• One bedroom
• Porterage
• Communal Grounds
Crownhill Road, Woodford Green £1,000 pcm
• AVAILABLE NOW UNFURNISHED
• Two Bedrooms
• Fitted Kitchen
• Rear garden
Goldings Road, Loughton £1,100 pcm
• AVAILABLE NOW - FULLY FURNISHED
• Two bedrooms
• Penthouse Apartment.
• Designer kitchen
Love Lane, Woodford Green £1,800 pcm
• AVAILABLE NOW – PART FURNISHED
• Four Bedrooms
• Stunning Décor, Fully fitted kitchen
• Viewing Recommended
Hoveton Way, Ilford £1,950 pcm
• AVAILABLE NOW - UNFURNISHED
• Four Bedrooms
• En-suite to Master Bedroom
• Excellent Condition Throughout
Thurlby House, Woodford Green £675 pcm
• AVAILABLE 27TH OCTOBER - UNFURNISHED
• One Bedroom
• Excellent Condition
• Viewing Recommended
Connaught Mews, Loughton £950 pcm
• AVAILABLE NOVEMBER - UNFURNISHED
• Two Bedrooms
• Ensuite to Master Bedroom
• Close to Loughton Station
Hill Hall, Epping £1,300 pcm
• AVAILBLE SOON - FURNISHED OR UNFURNISHED
• Two Bedrooms
• Allocated Parking
• Set withing 20 Acres
A selection of properties available to let in West Essex and the surrounding areas.
LAWLORS• L E T T I N G S •
SOLE AGENCYSOLE AGENCYSOLE AGENCYSOLE AGENCY
SOLE AGENCYSOLE AGENCYSOLE AGENCYSOLE AGENCY
SOLE AGENCYSOLE AGENCY
SOLE AGENCYSOLE AGENCY
november 06 inhouse 23
The Manor, Woodford Green
• AVAILABLE NOW – FURNISHED OR UNFURN
• Two Bedrooms
• Master with en-suite
• Stunning Setting
£2,000 pcm
Trotwood, Chigwell
• AVAILABLE NOW – FURNISHED
• Two Bedrooms
• Second floor apartment
• Close to Grange Hill central line station
£700 pcm
Rowland Crescent, Chigwell
• AVAILABLE NOW - UNFURNISHED
• Three Bedrooms
• Garage
• Close to Grange Hill Station
£950 pcm
Fernbank, Buckhurst Hill
• AVAILABLE NOW - FURNISHED
• Two Bedrooms
• Ground Floor Apartment
• Gated Development
£900 pcm
New Forest Lane, Chigwell
• AVAILABLE NOW - UNFURNISHED
• Four Double Bedrooms
• En-suite to Master Bedroom
• Spacious Lounge/Dining Room
• Heated Swimming Pool and outhouse
£3,200 pcm
LATEST
LETTINGS
Hillcrest Road, Loughton £2,500 pcm
• AVAILABLE NOW - FURNISHED
• Four Bedrooms
• Stunning Garden
• Excellend Decorative Order
The Manor, Repton Park £3,500 pcm
• AVAILABLE NOW - FURNISHED OR UNFURNISHED
• Penthouse
• Four Bedrooms, two with En-Suites
• Spacious Accommodation
Manor Road, Chigwell £6,500 pcm
• AVAILABLE END DECEMBER - FURNISHED OR UNFURN
• Six Bedrooms
• Stunning Indoor Pool
• Self Contained Annexe
The Lindens, Loughton £2,200 pcm
• AVAILABLE NOW - UNFURNISHED
• Four Bedrooms
• Double garage & off street parking
• Executive detached property
The Uplands, Loughton £2500 pcm
• AVAILABLE NOW UNFURNISHED
• Five Bedrooms
• Two En-Suites
• Hot Tub in Garden
Manor Road, Chigwell £4,300 pcm
• AVAILABLE NOW FURNISHED
• Five Double Bedrooms, Master with en-suite
• Three reception rooms
• Stunning Tropical Gardens
Please call 020 8502 3388 for more information on these and many more.
165 High Road, Loughton,Essex, IG10 4LF
t: 020 8502 3388 f: 020 8502 5802e: [email protected]
SOLE AGENCYSOLE AGENCY
26 inhouse november 06
For further information on how to advertise inInhouse, please call Andrea on
020 8502 5588or email: [email protected]
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