Inhouse April 2007 Edition

Norham Lodge, Loughton For Sale by informal tender

see page 27

Is your property...

Over-heated or The debate is raging, everyone wants to know which way to jump. Will prices go up more or are we heading for a re-adjustment or worse still, a full-on property crash? We explore the issues for your consideration based on observations from our frontline offices based at Chigwell, Loughton & Woodford Green, covering the whole spectrum of residential property from first time buyers through to multi-million pound properties.

Unlike some parts of the UK, evidence suggests that the trend in this exclusive area is only going one way – up. At Lawlors Property Services we have seen substantial price increase sometimes by as much as 10% year-on-year and even reaching 15 – 20% in some cases. In fact, according to our records at Lawlors properties that we had sold five years ago in this area have sometimes increased by as much as 100% Generally Essex has long been considered less desirable than some other comparable suburbs due partly to unflattering TV programmes and bad taste jokes, which in their own innocuous way have a damaging effect on the perception of where we live.

However, since the announcement that the Olympics are to be held in East London, it’s worth noting that there has been far less negative comment about the County. In fact, it is impossible to ignore the ripple effect of billions of pounds being spent on infrastructure and regeneration on our doorstep.

The effect of this windfall will bring even more demand to our already sought after area and for its properties.

With easy comutability Stratford is set to become an inter-continental hub of all this activity the benefit to the areas along the Central Line should be immense. With the natural boundary of Epping Forest protecting us from overdevelopment and with the Central Line weaving through the area providing an easy commute

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Norham Lodge, Loughton Over-heated or Under-valued Chigwell Repton Park Bang & Olufsen Loughton BB Partnership

Under-valued? into The City it is obvious that jobs and wealth will spread to our leafy area. One can already see the huge amount of development that has taken place from Wanstead to Epping with block after block of quality apartments and new build homes being snapped up by eager buyers. Of course, prices are rising throughout the South East but I believe that our area has a greater chance of maintaining its value and in fact, increasing over coming years because its growth was subdued for many years by poor access to and from London.

The top end of the market is also flourishing with Millionaires flocking to our popular streets and tranquil country lanes.

Probably the most

expensive road in the area is Roding Lane, Chigwell.

We recently acted exclusively for

clients who achieved in excess of £4m for their home.

The

new

owners

plan

further

improvements which is likely to create a value in excess of £5m. I belief that this higher threshold is now the new entry level for Roding Lane, Chigwell and I have a ‘clutch’ of buyers awaiting any similar properties in the area.

“At Lawlors Property Services we have seen substantial price increase sometimes by as much as 10% year-on-year and even reaching 15 – 20% in some cases.”

Will prices fall?

The argument for a property market crash and burn sinario is a strong one on paper, and the natural instinct is to believe that continued growth cannot be expected without some adjustment or correction in the market as pundits claim. The property market is pulled and pushed according to stable for more than a year at a time. In the worst case scenario a sudden loss of confidence because of over-riding consumer debt or an increase in interest rates simply encourage people not to move.

However, buyers simply wait for the

pendulum to swing their way again as prices

regularly selling plots of land for single houses

eventually fall until buyers regain their confidence

for over £1m per plot, yet demand is pushing this

to purchase. The property market is fuelled partly

sum even higher. We are privy to information

by need but mostly by greed and however

about certain new developments which are due

unpalatable those driving forces may appear they

to be released for which we have not only

do create a balance of sorts. Unfortunately the

regular buyers, but investment groups willing to

third ingredient which cannot be ignored is media

buy into for future prosperity and wealth

opinion. Once sentiment turns against the market

generation.

this creates a tipping point which can create a loss

of abating. In the absence of any other reliable form of investment, it may well be that we will all look back at 2007 and wish we had bought then before prices really did shoot up!

11 12/13 14 15 16 17 - 21 22 - 29

If you wish to join this debate and see your comments featured in future editions of Inhouse, please email me, direct, as james@lawlors.co.uk where I will be delighted to hear from you.

supply and demand, so it is rare that the market is

We are

The love affair with property shows no sign

demand, but it only takes a few negative influences to create a slide. House prices are forcing first-time buyers out of our area and we are creating an investment led environment of the ‘haves’ who own a property and the ‘have-nots’ who are locked in to renting until they can get that foothold on the property ladder. One thing is for sure, if the chill wind of recession blows through our area it will be the home-owner who locked in interest rates now, who manage to maintain a decent amount of equity and who can cut back on expenditure in a flash if things go wrong that will be there to see prices all rise again.

by James Lawlor F.N.A.E.A Partner

of confidence and have devastating effects on the property market.

Having had continual exaggerated growth for many years some could argue it is time for a downward adjustment. Prices are high but so is

Savills Private Finance Woodford Devon House Foskett, Marr, Gadsby & Head Blackborough Court, Buckhurst Hill Lettings Elite Homes

30 31 32 33 34 35

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Linton Contractors Oak Hill School/ Forest Casuals This Months Charity - Crossroads SG Electrical, Clear Flow, Ash & Embers SJK Interiors Ltd Magestic Gardens/ Aromabath Direct Currency april 07 inhouse

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LAWLORS

PROPERTY SERVICES

A selection of properties currently for sale in Chigwell and surrounding areas.

Dacres Gate £339,995 Freehold

SOLE AGENCY

Two Bedroom, Purpose-Built Mid-Terraced Home set within the prestigious development of Dacres Gate. The property has potential to extend into the loft with a third bedroom and en-suite bathroom, subject to planning permission.

Chigwell Rise, Chigwell £995,000 Freehold

SOLE AGENCY

A Beautifully Presented Four Bedroom Detached Family Residence with three receptions, fully fitted kitchen/breakfast room, a southerly aspect garden and being in close proximity to Chigwell Central Line station, local shops and amenities being less than 500 yards.

Gravel Lane £459,995 Freehold

SOLE AGENCY

Three Bedroom, Semi-Detached Cottage benefiting from off-street parking for numerous vehicles, three reception rooms, fitted kitchen, master bedroom with walk-in wet room & additional family bathroom.

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inhouse april 07

Dacre Gardens £499,995 Freehold

SOLE AGENCY

Three Bedroom, Detached Bungalow benefits from being offered chain free, lounge/dining room, kitchen/breakfast room, family bathroom and separate shower room. The property also has an added benefit of having off street parking.

Coolgardie Ave £449,995 Freehold

SOLE AGENCY

Three Bedroom, Semi-Detached Family Residence benefiting from being within 100 meters of local shops, amenities and tube station. The property also benefits from a lounge/diner, fully fitted kitchen, a garage and off street parking for two vehicles.

Chigwell Park Drive £625,000 Freehold

SOLE AGENCY

Six Bedroom, Semi-Detached Family Residence and benefits from being close to local shops, amenities and tube station, four receptions rooms, two family bathrooms, brick paved drive and a single garage.

116 High Road, Chigwell, Essex, IG7 5BJ t: 020 8281 0123 f: 020 8281 0222 e: property.chigwell@lawlors.co.uk Sunday Viewing: 07736 23 44 22

Please call 020 8281 0123 for more information on these and many more.

Parkview, Station Road £619,995 Freehold SOLE AGENCY

Canterbury Close £669,995 Freehold SOLE AGENCY

Romford Road £725,000 Freehold

Four Double Bedroom, Detached Property benefiting from ensuite shower room , family bathroom, two reception rooms, a fully fitted kitchen/breakfast room, off-street parking for up to six cars and being close proximity to Chigwell's Station.

Four Bedroom, Detached Property benefiting from four receptions rooms, fully fitted kitchen, downstairs WC, ensuite bathroom to the master, an additional family bathroom and double garage.

Seven Bedroom, Semi-Detached Victorian Family Residence with original features. The property benefits from three receptions, a fully fitted kitchen, indoor swimming pool complex including a shower room and steam room.

Chigwell Rise £849,950 Freehold

Mount Pleasant Road £899,995 Freehold SOLE AGENCY

Wheeler Close £624,995 Freehold SOLE AGENCY

Four Bedroom, Detached Property with many features including four reception rooms, kitchen/breakfast room, utility room, an en-suite to master bedroom, ground floor WC, and family bathroom.

Six Bedroom, Semi-Detached Property in a sought after location with three reception rooms and a fully fitted kitchen/breakfast room, with en-suite bathrooms to three bedrooms and two additional family bathrooms.

Four Bedroom, Detached Family Home located within a quiet turning and benefits from three receptions, fitted kitchen, utility room, ground floor WC, family bathroom, an en-suite to the master and a detached garage.

Tysea Hill, Stapleford Abbotts £975,000 Freehold

Manor Road £689,995 Freehold SOLE AGENCY

Claremont Place £475,000 Leasehold

Six Bedroom, Detached Family Residence on a semi-rural setting of approx 1.1 acre plot. The property benefits from three reception rooms, two additional family bathrooms and en suie to master bedroom.

Modern Five Bedroom Detached family home, offering spacious accommodation including two en-suites as well as a family bathroom, fully double glazed throughout and double integral garage.

Two/Three Bedroom, First Floor Modern Apartment in this purpose-built development. The property benefits from having a balcony, two en-suite bathrooms as well as a guest wc and a fully fitted kitchen.

SOLE AGENCY

april 07 inhouse

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LAWLORS

116 High Road, Chigwell, Essex, IG7 5BJ t: 020 8281 0123 f: 020 8281 0222 e: property.chigwell@lawlors.co.uk Sunday Viewing: 07736 23 44 22

PROPERTY SERVICES

A selection of properties currently for sale in Repton Park

Goldsmith House £425,000 Leasehold

SOLE AGENCY

The Manor £475,000 Leasehold

SOLE AGENCY

Aundle House £449,995 Leasehold

SOLE AGENCY

Two Bedroom, First Floor Apartment benefiting from a fully fitted kitchen, lounge, en-suite to the master bedroom as well as a family bathroom and no on-going chain.

Two Bedroom, First Floor Luxurious Apartment set within glorious parkland benefiting from a fully fitted kitchen accompanied with a complete range of integrated appliances, en-suite bathroom to the master and a family bathroom.

Set in an Idyllic Location is this Two Bedroom Ground Floor Apartment benefiting from having high ceilings, herringbone hardwood flooring, an en-suite to the master, family bathroom, fitted kitchen/breakfast room, two allocated parking spaces.

Bartholomew House £515,000 Leasehold SOLE AGENCY

Goldsmith House £529,995 Leasehold SOLE AGENCY

Regents Drive £624,995 Freehold

Stunning Three Bedroom, First Floor Apartment benifitting from solid wood flooring and Granite work surfaces, shower room and family bathroom.

A Beautifully Finished Three Bedroom Apartment situated in the gated development, with spacious lounge, en-suite to the master, additional family bathroom. The property also benefits from a fully fitted kitchen.

Three Bedroom Mid-Terraced Town House benefiting from having two receptions, en-suite to the master bedroom as well as a family bathroom. The property also has off street parking for two vehicles and an integrated garage.

The Manor £999,995 Leasehold

Sutherland House £465,000 Leasehold

SOLE AGENCY

Kensington House £337,995 Leasehold SOLE AGENCY

A Luxury Two Bedroom, Ground Floor Apartment set within the prestigious grounds of the gated developement. The property benefits from being decorated to a very high standard and offers kitchen/diner and two en-suite bathrooms.

Two Bedroom First Floor Apartment set in the tranquil surrounds of Repton Park. Benefiting from having a large lounge, en-suite to master, large kitchen with breakfast bar area and beautiful views.

SOLE AGENCY

Very Rare and Individual, Luxury Two Bedroom Penthouse Apartment. Bespoke finish with high vaulted ceilings, lounge, ensuite bathroom and dressing room to the master, en-suite shower room and dressing room/study to bedroom two.

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inhouse april 07

SOLE AGENCY

LAWLORS

PROPERTY SERVICES

A selection of properties currently for sale in Loughton and surrounding areas.

Brook Road £750,000 Freehold SOLE AGENCY Four/Five Bedroom Semi Detached residence. Offering kitchen, utility room, cloakroom/WC, family room, lounge, dining room, master bedroom with en-suite bathroom & dressing room, family bathroom & off-street parking.

The Barns Abridge £675,000 Freehold Exceptional residence situated within this delightfull developement. This property offers flexable accomadation, arranged over two barns. This is truly an entertainers paradise. Benifits include contemporary kitchen/diner spacious lounge, cloakroom, three bedrooms and family bathroom. To the rear of the property, there is additional guest bedroom with en-suite.

The Fountains £929,995 Freehold SOLE AGENCY

Lower Park Road £569,999 Freehold

Five Bedroom Detached residence. Ground floor accommodation boasts three reception rooms, kitchen/breakfast room, utility room, cloakroom/WC and double garage.

Three Bedroom Mid-Terrace Townhouse.

Cloakroom/WC, kitchen/breakfast room, master bedroom with en-suite shower, lounge, family bathroom & off-street parking & single garage.

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inhouse april 07

SOLE AGENCY

Barn Court £745,000 Freehold Delightful Four Bedroom Converted Barn. Benefiting from three reception rooms, two en-suite bathrooms, ground floor cloakroom/WC and family bathroom. The property also benefits from electric gates and a double car port.

Fallow Fields £685,000 Freehold

SOLE AGENCY

Four Bedroom family property situated within the prestigious Great Woodcote Park. Cloakroom/WC, dining room, study, lounge, kitchen, master bedroom with ensuite shower room, garage & off-street parking.

165 High Road, Loughton, Essex, IG10 4LF t: 020 8502 5588 f: 020 8502 5802 e: property.loughton@lawlors.co.uk Sunday Viewing: 07736 23 44 22

Please call 020 8502 5588 for more information on these and many more.

Fallow Fields £945,000 Freehold

Theydon Park Road £625,000 Freehold

Five Bedroom family residence Offering cloakroom/WC, study, dining area, lounge, conservatory, kitchen/breakfast room, three en-suites, additional family bathroom, double garage, off-street parking & landscaped rear garden.

Four Bedroom Detached Bungalow. Property benefits from Cloakroom/WC, kitchen/breakfast room, utility room, lounge, family bathroom, master bedroom with ensuite shower room, off-street parking & single garage.

An opportunity has arisen to purchase this delightful character property situated within a much sought after development, The property is ideally located close to shopping facilities of local village.

Roding Lane £295,000 Leasehold SOLE AGENCY

Roding Gardens £489,995 Freehold

Algers Road £625,000 Freehold

Two Bedroom, second floor apartment offered in good decorative and Offering NHBC Guarantee, stairs & lift, lounge, kitchen, master bedroom with en-suite, additional bathroom & gated allocated parking.

Four Bedroom Detached residence. Kitchen/breakfast room, Cloakroom/WC, lounge, utility room, play room, master bedroom with en-suite shower room, family bathroom & off-street parking.

Four Bedroom Victorian Halls adjoining semi-detached house. Offering lounge, downstairs cloakroom/WC, Kitchen/Breakfast room, family bathroom, off street parking and garage.

Goldings Hill £749,995 Freehold

Goldings Road £460,000 Freehold SOLE AGENCY

Forest Road £525,000 Freehold

Four Bedroom Detached Residence which is being offered in our opinion good decorative order. The property is situated in the North of Loughton with many features including a shower/wet room, lounge, kitchen/dinner and utility room.

Three Bedroom Semi-Detached residence ideally positioned close to the Forest, Central Line Station and shopping amenities of High Road.

SOLE AGENCY

Autumn Lodge £550,000 Freehold

TC SS

SOLE AGENCY

TC SS

SOLE AGENCY

Four Bedroom Bungalow offering spacious contemporary accommodation, updated to the exacting standards of the current owners. Modern kitchen/diner, lounge, master bedroom with en-suite shower room, family bathroom & integral garage.

april 07 inhouse

9

By WENDY DOCHERTY, consultant SAVILLS PRIVATE FINANCE

When it comes to mortgages, many homeowners want flexibility as well as a competitive rate of interest. Offset mortgages are growing in popularity for this reason. As rates fall, they are becoming more attractive to homeowners hoping to save money and reduce their mortgage term, while still retaining access to their savings.

How they work

Added benefits

Offset mortgages enable you to set your savings and current account against your mortgage debt, reducing the interest you pay. For example, if you have a £400,000 mortgage and £100,000 in savings, you only pay interest on £300,000 – the difference between the two. The more savings you have to offset, the lower the effective rate of interest on your mortgage.

Offsets have added benefits for the self-employed and higher-rate taxpayers. If you are selfemployed, you can use the cash you put aside to pay your tax bill at the end of the year to reduce your mortgage interest in the meantime. These savings can be withdrawn without interest when required; there is no notice period. Higher-rate taxpayers can benefit because with an offset you avoid paying tax on the interest your savings would otherwise have earned.

For example, if you take out a £400,000 mortgage on an offset basis at 0.40 percentage points under bank base rate (5.25 %) for two years, you get a pay rate of 4.85 % (the overall cost for comparison is 6.5% APR) (if you have no savings to offset). If you offset this against savings of £50,000, the net effective pay-rate rate would fall to a 4.24% (the overall cost for comparison is 6.6% APR).

If you have significant savings, you could pay less than the headline mortgage rate. But a homeowner with little in the way of savings wouldn’t see their mortgage rate significantly improve. This can be a problem as some offsets still have higher rates of interest than standard residential deals. So if you don’t offset much money you may be worse off than you would have been with a standard residential deal.

Savings

Contact us Independent mortgage broker Savills Private Finance can advise on offset mortgages, and often has access to exclusive rates. For more information, contact Wendy Docherty, associate at independent mortgage broker Savills Private Finance on 020 7715 4183 or 07968 553377

Increased flexibility There is no limit on the amount you can offset.

Interest is calculated daily so your savings reduce the interest you pay on your mortgage from day one. Offsets enable you to pay off your loan early or reduce the amount you pay each month. You can also draw more funds at any time at the same rate without having to remortgage. This makes them flexible and cost-effective as you don’t have to pay the valuation, legal and arrangement fees associated with remortgaging.

Effective mortgage rate

£0

4.85%

£1,000

4.84%

£10,000

4.73%

£20,000

4.61%

£50,000

4.24%

£100,000

3.64% Source: Intelligent Finance

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 information contained 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 commercial mortgages and taxation advice. Savills Private Finance Limited, 25 Finsbury Circus, London EC2M 7EE. October 2006.

april 07 inhouse

11

LAWLORS

PROPERTY SERVICES

A selection of properties currently for sale in Woodford Green and surrounding areas.

Kendal Close £720,000 Freehold Four Bedroom detached family residence benefiting from two good sized receptions, downstairs cloakroom, kitchen, en-suite to master and plasma set to wall in family bathroom.Garden measuring approximately 90' x 71.

TC SS

Monkhams Drive £830,000 Freehold

SOLE AGENCY

Three Bedroom Detached house on a corner plot on the ever popular Monkhams Estate, located close to Woodford Central line station, shops and amenities. The property also benefits from a lounge/dining room, fully fitted kitchen, double garage and off street parking for at least three cars.

Glen Rise £565,000 Freehold SOLE AGENCY Well maintained Three Bedroom Detached family property, the property has many benefits and is conveniently located within walking distance of Woodford station (central line) and the various shops and restaurants of The Broadway.

TC SS Knighton Green £279,995 Leasehold

SOLE AGENCY

Monkhams Lane £625,000 Freehold SOLE AGENCY

Monkhams Lane £550,000 Freehold SOLE AGENCY

Two bedroom top floor apartment located within close proximity of Queens Road with its fine eateries and boutiques as well as Buckhurst Hill Central Line Station.

A four bedroom semi detached property, benefits from a through lounge in excess of 30 ft, spacious kitchen / breakfast room, downstairs cloakroom, off street parking and garage

Three bedroom semi detached, Edwardian property.

Further benefits from lounge, Dinning Room, kitchen/breakfast room, downstairs wc, family bathroom, off street parking and rear garden.

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inhouse april 07

457 High Road Woodford Green, Essex, IG8 0XE t: 020 8506 0828 f: 020 8506 9101 e: property.woodford@lawlors.co.uk Sunday Viewing: 07736 23 44 22

Please call 020 8506 0828 for more information on these and many more.

The Atrium £350,000 Leasehold

Hillington Gardens £500,000 Freehold

Summit Drive £429,995 Freehold

This newly built two bedroom ground floor apartment is offered chain free, and is located within close distance to Transport links.

The property benefits from two bedrooms and two bathrooms, balcony and own secure parking.

Four bedroom semi detached property benefiting from three receptions, kitchen with utility area and bonus loft room, family bathroom, cloakroom/WC, off street parking and rear garden.

Immaculately presented four bedroom semi detached property, two receptions, conservatory, utility area and downstairs WC. The master bedroom has an en-suite bathroom plus a walk in wardrobe.

St Catherines Road £375,000 Freehold SOLE AGENCY

Wensley Ave £599,995 Freehold

High Road £735,000 Freehold

A well-presented Three Bedroom Semi-Detached Residence.

Boasting a garage, off-street parking and an approximately 60ft rear garden which also benefits from side and rear access. Immediate viewing is highly recommended.

Four Bedroom Detached family residence benefiting from three receptions, two bathrooms and further separate w/c, kitchen, off street parking and rear garden. This property needs to be viewed to fully appreciate all that is on offer.

Four/Five Bedroom, Three-Storey, Semi-Detached Georgian Residence. Situated on the edge of Woodford Wells overlooking the Green & well located for local schools & Central Line Station.

Azalea Court £215,000 Leasehold

Victoria Road £425,000 Freehold SOLE AGENCY

The Vale OIEO £565,000 Freehold SOLE AGENCY

Four Bedroom Town House located within close proximity of Chingford Train station, local amenities and the forest.

Further benefits include Lounge, kitchen\breakfast room, off street parking, garage and rear garden.

Three bedroom semi detached corner plot located with in close proximty of Churchfields primeary school, with further benefits of two receptions, kitchen\breakfast room, conservatory, off street parking and rea garden.

SOLE AGENCY

SOLE AGENCY

A Two Bedroom First Floor Apartment located in an ideal location in Woodford Green. Benefiting from two bedrooms, bathroom, separate fitted kitchen, gas central heating.

SOLE AGENCY

SOLE AGENCY

april 07 inhouse

13

Boundary Issues?

A new client storms into the reception of your office and demands to see a solicitor immediately. Your receptionist warns you that the man (it usually is a man) is so agitated it looks as if he is about to have a heart attack.

You immediately drop the urgent divorce file you are working on as you know this must be more important. As you enter the reception you can identify the new client instantly. He is the one whose eyes are bulging and who has started frothing at the mouth (perhaps I exaggerate slightly here). Then he says those few words that, with experience, you learn to fear and dread: “My neighbour has moved his fence onto my land, and I want you to sue him”.

Everything falls into place. You suddenly realise why you, a relatively newly qualified solicitor, have been summoned by the receptionist rather than the Senior Partner. The SP, as he is fondly referred to, (although he prefers to be known as “God”) is much wiser and more experienced. He recognised the signs. Indeed if you asked him the Senior Partner will tell you he has seen the film, got the video and worn the t-shirt. That is why he had already taken shelter under his desk. He knew what was coming.

This applies even if you successfully persuade the District Judge that you are right and your neighbour has wrongly trespassed on your land and must move his fence back. In such cases rarely do you recover all your legal costs from the other side, you have suffered the stress of a full court hearing and ended up with neighbours who have become sworn enemies.

As a solicitor it is almost impossible to finish such a case with a satisfied client. If you lose then your client believes it’s the lawyers fault entirely, even though it was the client who was found by the court to have acted unreasonably. And if you win then it was only what the client believed he was entitled to anyway, and he cannot understand why it cost him so much to prove his point.

If you are ever unfortunate enough to be involved in a boundary dispute here are a few things worth considering: • Is the land you are arguing over worth the emotional strain and the potential cost of taking the matter any further? You may think, “It’s a matter of principle” but remember principles can be very expensive.

Yes all solicitors hate boundary disputes with a passion, and if they tell you anything different they are lying. A leading textbook in this area of the law

by David Powell concludes with just three words of advice about boundary disputes, and they are quite simple but to the point: “Don’t have them”.

• Even though your neighbour may seem an arrogant fool with all the attractive qualities of Hannibal Lector do see if you can resist the temptation to inflict actual bodily harm upon him and try and settle the matter amicably.

You may feel like a hypocrite but it could save you thousands of pounds.

Most disputes are over a few inches of land.

Unfortunately the smaller the size of the land in dispute the more vitriolic people can be. Often this is because a person who worries over a few inches is likely to be a person who gets obsessive. There are few winners in boundary disputes, only losers.

• Before consulting your solicitor take advice from a chartered surveyor. I have heard of cases where clients have racked up many thousands of pounds of legal costs before instructing a surveyor, only to be told that the fence was in the right place all along.

• Do not rely upon the Land Registry title plans to determine exactly where your boundary line is, because the plans are not sufficiently accurate nor are they designed for this purpose. Even the width of a line on an OS map at a scale of 1/1250 represents about 0.3 metre so do not expect it to show your boundary with any degree of precision. Indeed clients are often shocked when Judges start their cases by casually dismissing the evidential value of such plans • Do not believe the fence on your left hand boundary always belongs to you. This is an old wives’ tale and has no basis in law.

• If you cut the branches off a neighbours tree which overhangs your land be careful. Whilst you are normally entitled to do so, provided you offer the wood back, make sure you check the tree is not in a conservation area or protected by a tree preservation order.

• Be aware there that is no general duty to repair boundaries, so if your neighbour refuses to replace his fence that was blown down in a gale you have very few legal remedies. It may be easier simply to erect your own fence instead.

Many years ago, when I was a trainee solicitor, my old mentor used to tell me that there was only one sensible solution to a boundary dispute, and that was to move. Not usually the suggestion that the client wants to hear but nevertheless probably the sagest advice on the subject. And remember, if you need someone to do the conveyancing...

If you would like to discuss this further or require advice on any other property issues please please contact Mr John Jones 020 8502 3991 johnjones@foskettmarr.co.uk

april 07 inhouse

15

U N D E CONSTRU R CTION Preliminary Announcement For Forthcoming Apartments Situated in‌ Albert Road Buckhurst Hill A stunning Development of 11 spacious two bedroom, two bathroom apartments in the process of construction.

Comprising of 10 apartments at 730 sq ft and 1 apartment at 1100 sq ft Ideally positioned with-in easy access to Buckhurst Hill station Central Line

For further information on prices and to register your interest please contact our Woodford Green office on 020 8506 0828 or email property.woodford@lawlors.co.uk

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inhouse april 07

Yes!

we do lettings...

Having established ourselves as market leaders in residential sales over many years, it still comes as a surprise to note that sometimes people are not aware that we also have a very successful Lettings Department operating centrally from our Loughton Headquarters.

Over the last few years we have been quietly getting on with

We aim to offer a quality service that is a substantial cut

the business of renting quality property in the area to a

above the rest and one that our landlords and tenants alike

substantial number of excellent tenants. We do this without

find a thoroughly professional experience.

fuss and drama and also ensure that our clients are well

LAWLORS LETTINGS 020 8502 3388

looked after. We make sure that the properties we offer fully comply with all the stringent regulations required and thoroughly vet our tenants to provide the most compatible match.

Not all properties offered to us to let are accepted. We believe that if a property is not up to standard then we will not accept it, as to offer a sub-standard property will only generate further problems for tenant and landlord which is not our policy. However, if you have a property and you are not sure whether it is suitable we are more than willing to offer all the relevant advice to bring your property up-to-scratch.

...very well

Safer Lets & Better Protection New legislation from 6th April 2007 – Tenancy Deposit Scheme

O

ne of the most common problems

Any Landlord entering into a new tenancy agreement

that can occur between a Landlord

will be required to place any deposit with a Government

and Tenant is when the tenancy finally comes to an end and the Tenant wants their deposit back.

approved authorised scheme. This will safe-guard the money and offer independent adjudication in the event of a dispute between the Landlord and Tenant.

Therefore Tenants who have kept their rented property

On occasion a Landlord may rightly or wrongly believe

in good condition can now be confident they will not

that the Tenant has left the property in worst condition

have any part of their deposit withheld or retained on

than when they entered into the agreement. Maybe

frivolous or dubious grounds, a common complaint

furniture has been damaged or carpets stained etc., but

currently made by Tenants.

up until now it has been difficult to safe-guard the

With the Alternative Dispute Resolution Service in place,

position of both parties and disputes can arise from

Tenants and Landlords have, from the outset, a clear

Landlords not returning deposits or Tenants not accepting

agreement on the condition of the property by using

responsibility. But not any longer! After 6th April 2007

detailed inventories and full agreement on the condition

the Tenancy Deposit Scheme will come into effect

of the property prior to occupation. This way, both parties are protected. This scheme helps to eliminate some of the risk experienced by Landlords and Tenants and when used in conjunction with a reputable agent such as Lawlors Property Services, letting your property has never been easier.

Not A lot Of People Know That...

A recent survey by the Government supported National Approved Lettings Scheme

has

indicated

that

many

Landlords and Tenants may not be aware of the forthcoming legislation, and the potential impact it will have on how they let or rent properties in the future.

18

inhouse april 07

Landlords What We Can Do For You Since the introduction of Buy-to Let mortgages in 1997 and the swift pick-up in interest in this sector of the market, more and more people now rely on renting out second or third homes or large

portfolios

of

properties

as

investments for future pensions.

We believe that notwithstanding purchasing the property in the first place, renting out that property has never been easier.

We have streamlined our

services at Lawlors Property Services to provide a bespoke service to our Landlords. Because of our unique position in the marketplace with a high profile

Welcome...

James Bearryman Having worked for many years in some of London’s most prestigious Law firms, James Bearryman has gained a wealth of valuable knowledge and experience.

James specialised mainly in commercial litigation with notable success on high-profile cases related to the property industry.

James continued developing his

business relationships for the company and sidestepped away from practising Law to concentrate more on marketing. In 2005 he took up his first Lettings Manager role and with his undoubted sales ability and extensive legal experience, we are delighted to welcome James to the experienced team at Lawlors

presence in the residential market, we are able to

Property Services as Lettings Manager.

offer a wide range of services to help either the

To speak with James directly please either contact him

existing Landlord with a large portfolio of properties

on 020 8502 3388 or lettings@lawlors.co.uk

or the new amateur Landlord into the marketplace.

We are available for individual consultation to discuss all the intricacies of letting, whether it is your intention to do a short-term let or a more long-term arrangement.

Contact either James Bearryman or Tina George at Lawlors Lettings on 020

8502 3388 to discuss any

of the following topics:

• Purchasing your first buy-to-let • Letting your current home • Increasing your property portfolio • Managing your current portfolio • Thorough market appraisal • Finance & insurance

James Bearryman

april 07 inhouse

19

LAWLORS • LETTINGS •

165 High Road, Loughton, Essex, IG10 4LF t: 020 8502 3388 f: 020 8502 5802 e: lettings@lawlors.co.uk Sunday Viewing: 07736 23 44 22 Landlord & Tenant 24h Emergency:07950 497 054

A selection of properties available to let in West Essex and the surrounding areas.

Manor Road, Chigwell £5,750 pcm

Clarence Gate, Woodford Green £3,950 pcm

Manor Road, Chigwell £3,900 pcm

• • • •

• • • •

• • • •

AVAILABLE NOW - FURNISHED OR UNFURNISHED Nine Bedrooms Self contained lower ground floor apartment, Attached garage and parking for several vehicles.

AVAILABLE END OF MARCH - UNFURNISHED Five Bedrooms With En-Suite to Master Garage Off Street Parking

AVAILABLE NOW - FURNISHED OR PART FURNISHED Five Double Bedrooms with En-Suite to Master Stunning Tropical Gardens Gardener Included/Over acre land

Roding Road, Loughton £2,250 pcm

Grovewood Place, Woodford Green £2,100 pcm

Malvern Drive, Woodford Green £1,800 pcm

• • • •

• • • •

• • • •

AVAILABLE NOW - FURNISHED Four Double Bedrooms En-Suite Bathroom to Master Bedroom Modern Fitted Kitchen

AVAILABLE NOW - UNFURNISHED Five Double Bedrooms Two with En-Suite Facilities Double Garage

AVAILABLE NOW - PART/UNFURNISHED Three Bedrooms, Through Lounge Wooden flooring

Hainault Road, Chigwell £1,800 pcm

Loughton Way, Buckhurst Hill £1,650 pcm

Cadogan House, Woodford Green £1,500 pcm

• • • •

• • • •

• • • •

AVAILABLE MID APRIL - UNFURNISHED Three Bedrooms Master Bedroom with En-Suite Excellent Decor and Location

20

inhouse april 07

AVAILABLE START TO MID APRIL - UNFURNISHED Four Bedrooms Excellent decorative order Close to Buckhurst Hill Station

AVAILABLE NOW - PART OR UNFURNISHED Two Bedrooms Excellent Decorative Order Two Parking Spaces

Please call 020 8502 3388 for more information on these and many more.

Twenty Two, London £1,450 pcm

The Atrium, Buckhurst Hill £1,350 pcm

Sutherland House, Repton Park £1,300 pcm

• • • •

• • • •

• • • •

AVAILABLE NOW - UNFURNISHED - TWO APARTMENTS Excellent Decorative Order Double garage Balcony with views over Golf Course

AVAILABLE NOW - FURNISHED Two Bedrooms Excellent Ground Floor Apartment Close to Buckhurst Hill Station

AVAILABLE END OF MARCH - UNFURNISHED Two Bedrooms Second Floor Apartment Video Security Entryphone

Spur Close, Abridge £1,250 pcm

Hornbeam Road, Buckhurst Hill £1,250 pcm

Boleyn Court, Buckhurst Hill £1,200 pcm

• • • •

• • • •

• • • •

AVAILABLE NOW - PART FURNISHED Three Bedroom Good Decorative Order Off Street Parking

AVAILABLE NOW - UNFURNISHED Three Bedrooms Modern Fitted Kitchen Landscaped Garden

AVAILABLE APRIL - FURNISHED OR UNFURNISHED Three Bedroom Spacious Apartment En-suite Bedroom

We are currently recruiting for a Junior Lettings Negotiator/Admin Clerk for our fast expanding letting department.

6 months - 2 years lettings experience Immediate Start.

Salary dependant upon experience Newnham House, Loughton £850 pcm

Cedar Close, Buckhurst Hill £775 pcm

• • • •

• • • •

AVAILABLE 26TH FEBUARY - UNFURNISHED Two Bedroom Modern Fitted Kitchen Excellent condition

AVAILABLE 9th MAY - FURNISHED/UNFURNISHED Two Bedrooms Excellent Decorative Order Balcony

Please send your CV to lettings@lawlors.co.uk for the attention of James Bearryman

april 07 inhouse

21

LAWLORS • ELITE HOMES •

STRADBROKE DRIVE, CHIGWELL PRICE GUIDE: £1,450,000 FREEHOLD

Five Bedroom Detached residence located within one of the premier roads of Chigwell This property offers excellent living accommodation including an impressive hallway with Marble flooring, spacious lounge measuring approx 21'5 x 13'10, fully fitted hand crafted kitchen/breakfast room and three bathrooms. With no on-going chain an early inspection is highly recommended.

For more information, please contact our Chigwell office on

020 8281 0123 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 piped throughout the property including bathrooms. This property also has five bathrooms and a fully fitted modern kitchen/breakfast room with granite work surfaces.

For more information, please contact our Chigwell office on

020 8281 0123 22

inhouse april 07

TOMSWOOD ROAD, CHIGWELL PRICE GUIDE: £1,950,000 FREEHOLD

COPPERFIELD LODGE, CHIGWELL PRICE GUIDE: P.O.A FREEHOLD

A stunning fully detached beautifully appointed bungalow set within its own private coartyard and grounds.

This exceptional property is positioned in an exclusive elevated position offering panoramic views over Chigwell Village and surrounding farmland, yet within easy access of Brook Parade and facilities Three/four bedrooms, two bathrooms, fully fitted kitchen/breakfast room, dining room, dual aspect lounge, two detached garages, immaculate gardens.

Strictly by appointment, contact the Chigwell office on

020 8281 0123 EXCLUSIVE AGENTS

april 07 inhouse

23

LAWLORS • ELITE HOMES •

ABRIDGE ROAD, EPPING £1,350,000 FREEHOLD

Set on the historic Parsonage Farm, which is believed to date back to around the17th Century, we are pleased to offer this stunning residence.

Offering Galleried Bedroom, four bedrooms all with en suites, fitted kitchen, sitting/dining room, study, utility/shower room and Extensive Grounds of approx 4 acres.. The owners have maintained the property to an excellent standard and we would advise an internal inspection to fully appreciate this property.

For more information, please contact our Loughton office on

020 8502 5588

Five Bedroom, Detached Family Residence with an additional two bedrooms to an annexe.

This property benefits from having four reception rooms, a fully fitted kitchen/breakfast Room, two en-suite bathrooms and an additional two bathrooms.

For more information, please contact our Chigwell office on

020 8281 0123 24

inhouse april 07

BARNABY WAY, CHIGWELL £1,150,000 FREEHOLD

Five Bedroom Detached Property situated in a

LEE GROVE, CHIGWELL

quiet sought after location and benefits from

PRICE GUIDE: ÂŁ995,000 FREEHOLD

three reception rooms, fully fitted

EXCLUSIVE AGENT

kitchen/breakfast room and a utility room.

This property also has a double length integrated garage, Southerly aspect facing garden and off street parking for at least five vehicles and no ongoing chain an early viewing is highly recommended.

For more information, please contact our Chigwell office on

020 8281 0123

Modern, Five Bedroom Detached Home, situated on one of Chigwell's prestigious

MANOR ROAD, CHIGWELL PRICE GUIDE: ÂŁ1,799,995 FREEHOLD EXCLUSIVE AGENT

roads.

This property benefits from having a combined lounge, kitchen and dining area measuring 46'1 x 37'1, five en-suite bathrooms and being very individual in design, for modern day living. This property has an added feature of a self contained lower ground floor apartment, four additional rooms to the second floor landing, an attached garage and parking for several vehicles.

For more information, please contact our Chigwell office on

020 8281 0123 april 07 inhouse

25

LAWLORS • ELITE HOMES •

Set within the grounds of the Woolston

ABRIDGE ROAD, CHIGWELL

Manor 18 hole Golf Course

PRICE GUIDE: £1,950,000 FREEHOLD

This Gated Five Bedroom, Detached Property benefiting from two reception rooms, a fully fitted hand crafted kitchen/breakfast room, three en-suite bathrooms and an additional family bathroom.

For more information, please contact our Chigwell office on

020 8281 0123

ALDERTON HILL, LOUGHTON PRICE GUIDE: £1,750,000 FREEHOLD An opportunity to purchase this NEW BUILD Executive residence situated in what is popularly regarded as the areas Premier road.

The property is currently under construction and it is our vendor client's intention to work in conjunction with a prospective purchaser in terms of finishing (subject to stage of construction). Plans are available for inspection at our Loughton Office by appointment. The property will be built to the highest specification throughout and is ideally located for the shopping facilities of the High Street and the Central line with its transport links to the City and the West End. Property benefits include: spacious kitchen, utility room, cloakroom, two master bedroom suites with en-suite dressing rooms and bathroom, four

For more information, please contact our Loughton office on

further bedrooms (two with en-suite facilities), family

020 8502 5588

and integral garage.

26

inhouse april 07

bathroom, games room/gym/study, carriage driveway

NORHAM LODGE, LOUGHTON PRICE GUIDE: O.I.E.O. £700,000 FREEHOLD

TO BE SOLD BY INFORMAL TENDER. We are pleased to offer this three bedroom period residence which could benefit from modernisation set within its own grounds within the conservation area of Loughton.

Also available in the grounds, but by separate access, is a double plot with planning permission granted for two semi-detached houses with spectacular views.

Tendors are invited on the following basis.

• Bids on the exsiting residence • Bids for the plots as a pair • The existing property and plots combined Closing date - Tuesday, 1st May 2007, 12 noon.

For viewing days, contact the Loughton office on

020 8502 5588

LAWLORS • ELITE HOMES •

A Unique chance to acquire this wonderful Four Bedroom detached family home, situated on the ever Popular

THE DRIVE, LONDON PRICE GUIDE: £1,425,000 FREEHOLD

The Drive in Wanstead, benefiting from having Three Reception Rooms, Four Double Bedrooms with en-suite to Master Bedroom, a Beautiful mature rear garden which approximately measures 100ft x 80ft.

For more information, please contact our Woodford office on

020 8506 0828

Stunning Five Bedroom Detached executive residence situated within this much sought-after location The property is ideally positioned for all major road links, the shopping facilities of both Buckhurst Hill and Loughton and underground links to The City and West End. This property has been renovated to the exacting standards of the current vendors & offers: cloakroom/WC, play room, dining room, lounge, study, kitchen/breakfast room, utility room, master bedroom with en-suite bathroom & dressing room, bedroom two with ensuite bathroom, family bathroom & selfcontained annexe accommodation.

For more information, please contact our Loughton office on

020 8502 5588

MANOR COURT, WARREN HALL PRICE GUIDE: £2,250,000 FREEHOLD

28

inhouse april 07

FOREST WAY, WOODFORD GREEN PRICE GUIDE: £980,000 FREEHOLD EXCLUSIVE AGENT Six bedroom detached family residence located on the Knighton's in Woodford Green.

This property not only benefits from its location to the local Central Line Station but also the generous size receptions, ample bathrooms and mature rear garden.

The current owners have decorated the property to a high standard and an internal viewing is a must.

FOREST WAY, WOODFORD GREEN PRICE GUIDE: £865,000 FREEHOLD EXCLUSIVE AGENT Four Bedroom, Detached Family Residence, with spacious living accommodation.

Including two reception rooms, study, fully fitted kitchen/breakfast room, ground floor WC, family bathroom and an en-suite and dressing room to the master bedroom.

For more information, please contact our Woodford office on

020 8506 0828 april 07 inhouse

29

L IN TO N

Units 1C & 1D Maybank Industrial Estate Maybank Road, South Woodford London E18 1EJ

C O N TR A C TO RS

Telephone: 020 8505 9300 Fax: 020 8505 9350 Email: enquiries@lintoncontractors.com

Building & Civil Engineering Limited

Our Management team and skilled operatives offer the ability to deal with projects both large and small. We are flexible enough to deal with single trade items or to take on a whole project.

Linton Contractors can offer the following services:•

New Build Development

•

Extensions

•

Property Refurbishment

•

Void Refurbishment's

•

General Maintenance

•

Ground works

•

Kitchens & Bathrooms

•

Ceramic Wall & Floor Tiling

•

Bricklaying

•

Driveways & Patios

•

Plumbing

•

Carpentry

•

Plastering

Lintons is a family run business with operations throughout Essex, London and the Home Counties with ongoing projects with major housing associations, private clients and local authorities. Offering a personal and reliable services in all areas of building, refurbishment and trades

www.lintoncontractors.com

Coopersale Hall School

Oaklands School

Normanhurst School

ISA Accredited Boys and Girls 21⁄2 - 11 Flux’s Lane, Epping Essex CM16 7PE 01992 577133 www.coopersalehallschool.co.uk

ISA Accredited Boys 21⁄2 - 7, Girls 21⁄2 - 11 8 Albion Hill, Loughton Essex IG10 4RA 020 8508 3517 www.oaklandsschool.co.uk

ISA Accredited Boys and Girls 21⁄2 - 16 68-74 Station Road North Chingford E4 7BA 020 8529 4397 www.normanhurstschool.co.uk

Three privately-owned popular and local Independent Schools High academic standards Excellent success rates at all levels Excellent facilities and resources Friendly, family atmospheres

Before and after-school care A wide range of extra-curricular activities Very good Inspection Reports Small class sizes

Please contact your local school for a prospectus pack Early applications are highly recommended to these popular schools

april 07 inhouse

31

Are you a carer of a person with a disability or illness?

If so we may be able to help by offering you some time to yourself…

Waltham Forest Crossroads-Caring for Carers Ltd is not-profit organization that provides home-based respite for carers. All disabilities and illnesses are covered by our work and we accept referrals from carers, people with care needs, other professionals and Social Services and Health Services.

The service is available to Adults and Older People resident within the London Borough of Waltham Forest and is currently offered on Monday to Friday from 9am to 8pm. We offer a maximum of 4 hours a week on a day and time that suits the carer. All our workers are paid employees with many years experience and training who will carry out all agreed personal care and certain medical tasks for the person with care needs.

If you would like to refer yourself, or someone else, please contact us at the address or’ phone number-below.

Could you help us?

We need Trustees to ensure we continue to provide a professional and innovative service and would welcome people who have time to give especially if you have a background in: Human Resources/Management/Finance or Fundraising.

(At present the Trustees meet every 6-8 weeks).

Please contact us if you feel you may be able to offer support at the address/’phone no. below.

Waltham Forest Crossroads - Caring for Carers Ltd 590 Forest Road, London, E17 3UD Tel: 020 8520 0137 Fax: 020 8520 3475 Email: crossroads590@btconnect.com

Charity Registration No. 1054522. A Company Limited by Guarantee registered in England no. 3177052 Scheme member of Crossroads Association

www.lawlors.co.uk

advertise

your business For further information on our rates, please call Andrea Paterson

020 8502 5588 or email: inhouse@lawlors.co.uk

• • • •

GUTTERS CLEANED WATER PROOFING GLAZING WORK SEAMLESS VALLEYS and much more!

FREE ESTIMATES

CLEAR FLOW INDUSTRIAL ROOFING Tel: 020 8505 2906 (3 lines) mob: 07968 121082

www.clir.co.uk

SG

ELECTRICAL ENGINEERS LANDLORD NICEIC CERTIFICATES P.A.T. TESTING REWIRING GENERAL MAINTENANCE 24 HR CALL OUT FREE QUOTATIONS FAULT FINDING INTERNAL/EXTERNAL LIGHTING

WE OFFER A WIDE RANGE OF SERVICES

NO JOB IS TOO BIG OR TOO SMALL PLEASE CONTACT

JOHN 077-666-58-203 OR RICKY 079-676-71-568 QUOTING REFERENCE IN01

april 07 inhouse

33

Quality and attention to detail, coupled with superior styling and choice

Passionate about kitchens For more information call 020 8500 2222 51-55 Fowler Road Hainault Business Park Essex IG6 3UT

www.sjkinteriors.co.uk

BUYING PROPERTY ABROAD? Direct Currency Exchange PLC specialises in transfers abroad. We are sure that you will not find a better service or exchange rate anywhere. Our friendly, expert staff are here to guide you through your transaction.

“We cannot recommend Direct Currency Exchange Plc highly enough and look forward to another year working with them” Freeform Productions - Producers of ‘A Place in the Sun’

DIRECT CURRENCY EXCHANGE PLC Telephone: 020 7637 0019 Email: info@directcurrency.com Web: www.directcurrency.com