Barnaby Way, Chigwell see page 22
www.lawlors.co.uk
inhouse residential sales
lettings
new homes
international
page
contents
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Barnaby Way, Chigwell
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Devon House
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State Of Play!
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Chigwell
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Repton Park
investment
State Of
Play!
So here we are in January 2007 with a new base rate to start the New Year. One would think an increase in base rates would spell bad news for the local property scene but in this area, not necessarily so! Obviously this does mean some increase in the cost of mortgages etc… but because of the shortage of desirable properties within the area the effect of the increase in the base rate is practically negligible. Across all of our offices the demand for properties has picked up extremely quickly and, in some respect, we are
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Feature Home - Hainault Road
having to review some of the values that previously we believe would have been unattainable. It may be brave to
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Loughton
make predictions so early in the year but we believe that 2007 will still see an increase in prices across all price
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Woodford
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Daiglen School & Forest Casuals
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Savills Private Finance
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Vantis plc
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Bang & Olufsen
ranges. The general area of Epping Forest is still regarded as a highly desirable location to live in, and it seems that more and more people are looking this way to settle into family life. We are therefore more confident that prices will rise at a steady rate throughout the year, possibly by as much as five percent. We urgently need new instructions at all price ranges to satisfy our waiting customers and you will see from our
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Foskett, Marr, Gadsby & Head
enclosed pages we already have the “lion’s share” of quality property in the area.
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BB Partnership
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Elite Homes
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This Months Charity - Interact
We offer an unrivalled service and due to our success over many years we have a reputation that is second to none. So if you are serious about selling your property, we are serious about selling it for you. Contact any one of our
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Lettings
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SG Electrical, All Clear, Ash & Embers
offices for immediate personal attention.
Happy house hunting for 2007! Regards
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SJK Interiors Ltd
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International
LAWLORS
PROPERTY SERVICES
James Lawlor
F.N.A.E.A
february 07 inhouse
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LAWLORS
PROPERTY SERVICES
A selection of properties currently for sale in Chigwell and surrounding areas.
Oak Lodge Ave, Chigwell £515,000 Three Bedroom, Detached Property benefiting from two receptions rooms, kitchen/breakfast room, southerly aspect garden and close to Grange Hill Station.
Chigwell Rise, Chigwell £859,995 Four Bedroom Detached Property on one of Chigwell's popular roads benefiting from having four reception rooms, Kitchen/Diner, Utility room, WC/Cloakroom, en-suite to master bedroom, Integrated garage and Off street parking.
Manor Road, Chigwell £699,995 Five Bedroom, Detached family home Offering spacious accommodation including two en-suites as well as a family bathroom, Cloakroom/WC, dining room, kitchen/breakfast room, utility room, study, lounge and off-street parking.
Parkview, Station Road, Chigwell £639,995
Wheeler Close, Chigwell £624,995
Brook Rise, Chigwell £549,995
Four Double Bedroom, Detached Property benefiting from en-suite shower room , family bathroom, two reception rooms, off-street parking for up to six cars and being close to Chigwell Station.
Four Bedroom, Detached Family Home located within a quiet turning. The property benefits from a lounge, dining room, family room, kitchen, an en-suite to the master bedroom as well as an additional family bathroom and a detached garage.
Four Double Bedroom, Detached Property within a short walking distance of approx 400 yards to Chigwell Station and all local amenities and benefits from guest cloakroom, utility room and an attached garage.
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inhouse february 07
116 High Road, Chigwell, Essex, IG7 5BJ t: 020 8281 0123 f: 020 8281 0222 e: property.chigwell@lawlors.co.uk
Please call 020 8281 0123 for more information on these and many more.
Lambourne Close, Chigwell £565,000
Grange Crescent, Chigwell £529,995
Claremont Place, Chigwell £489,995
Three Bedroom, Detached Family Residence in a semi-rural setting. Property benefits from having an en-suite and dressing room to the master bedroom, ground floor WC, family bathroom, four reception rooms and a detached garage.
Four Bedroom, Detached Family Home benefiting from through lounge with a dining area, separate TV room, family bathroom to both ground floor and first floor and off street parking.
Two/Three Bedroom, First Floor Modern Apartment in this purpose-built development. The property benefits from having private balcony, two en-suite bathrooms as well as a family bathroom and a fully fitted kitchen.
Gravel lane, Chigwell £479,995
High Road, Chigwell £479,995
Martham Close £439,995
Three Bedroom, Semi-Detached Cottage with three reception rooms, fitted kitchen, master bedroom with walk-in wet room & additional family bathroom and off street parking.
Four Bedroom Link-Detached residence, Offering Cloakroom/WC, lounge/diner, kitchen, family bathroom, master bedroom with en-suite bathroom, single garage, off-street parking & shared driveway.
Four Bedroom Detached residence offering a five year NHBC guarantee. Cloakroom/WC, lounge, dining room, kitchen/breakfast room, master bedroom with en-suite, family bathroom, garage & off-street parking.
Maxwell Court, Chigwell £399,995
St Marys way, Chigwell £385,000
Oxford House, Benrek Close Hainault £309,995
Purpose Built Four Bedroom, Semi-Detached Family Residence benefiting from having a lounge, kitchen/diner, conservatory, en-suite to the master bedroom, ground floor cloakroom and family bathroom.
Four Bedroom, Semi-Detached House benefiting from having a lounge/diner, seperate family room, ground floor cloakroom, a detached study and garage as well as a detached annexe to the side.
Two Bedroom, Duplex Apartment located in one of Hainault's popular turnings, benefiting from a lounge, an en-suite bathroom to the master bedroom as well as a family bathroom.
february 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
PROPERTY SERVICES
A selection of properties currently for sale in Repton Park
Bartholomew House £515,000
The Manor £479,995
Hazel Lane £357,500
Stunning Three Bedroom, First Floor Apartment which has been immaculately maintained with solid wood flooring and Granite work surfaces. The Apartment also boasts an en-suite to the master bedroom as well as a family shower room.
Two Bedroom, Luxurious Apartment benefiting from a fully fitted kitchen, an en-suite to the master bedroom, a family bathroom and no onward chain.
Beautiful Three Bedroom End-Of-Terrace House. This property boasts a 90ft garden with several mature trees and shrubs, it has a 7 year NHBC guarantee, two reception rooms, and a ground floor cloakroom.
Repton
Park
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 Bartholomew House £419,995 First Floor 'blank canvass' for a would be enthusiast to create its own identity as it has a floor space of approx 1550 sq ft. Boasting high vaulted ceiling and large double glazed sash bay windows with stunning views over the grounds.
arranging a free valuation please contact our Chigwell Office on
020 8281 0123.
Cadogan House £249,995 One Bedroom, Mews House arranged over two floors offering beautiful high ceilings and skirtings, ornate covings & staircase with views over both Devonshire & Kensington Houses with two allocated parking spaces & communal grounds.
Chapel Mews £259,995
Bay Tree Close, The Avenue £334,995
Hazel Lane, The Avenue £334,995
One Bedroom Apartment located in a Private Mews, benefiting from a lounge, kitchen/breakfast room, a good double sized bedroom, There is also a detached garage with off street parking and additional visitors parking.
Three Bedroom End-of-Terrace residence which is fully double glazed with fitted kitchen, two reception rooms, downstairs cloakroom/WC and family bathroom
Three Bedroom End-Of-Terraced House set within the gated grounds of The Avenue, Repton Park. The property benefits from having two receptions, a ground floor cloakroom and an additional family bathroom.
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inhouse february 07
HAINAULT ROAD • CHIGWELL PRICE GUIDE: £675,000 SOLE AGENT
Characteristic Four Bedroom Family Residence benefiting from having lounge, dining room, study and fully fitted kitchen/breakfast room. Guest cloakroom/WC to the ground floor, an en-suite shower room to the master bedroom as well as a family bathroom and separate WC. This property also has an attached garage and off street parking for several vehicles and being in close proximity (less than third of a mile) to Chigwell Station. For more information, please contact the Chigwell office on
020 8281 0123 february 07 inhouse
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LAWLORS
PROPERTY SERVICES
A selection of properties currently for sale in Loughton and surrounding areas.
Forest Heights, Buckhurst Hill £292,000 Second Floor, executive One Bedroom Apartment offering: communal grounds, kitchen, sitting room with adjoining dining area, cloakroom/WC, master bedroom with en-suite, allocated parking & porterage.
Smarts Lane, Loughton £625,000 Character newly-built Four Bedroom Detached executive residence, there will be viewings days held at the property on Saturday 10th and 17th February. Then a third and final viewing day will be held on Wednesday 28th February. For more information on the above property please call our Loughton Office.
Park Hill, Loughton £625,000 Four Bedroom Detached residence, offering Cloakroom/ WC, utility room, kitchen/breakfast room, lounge, sitting room, master bedroom with en-suite bathroom, family bathroom, double garage & off-street parking.
TC SS
Longfield, Loughton £875,000
Hill Hall, Theydon Mount £599,995
Forest Road, Loughton £285,000
Four Bedroom Detached family residence offering: cloakroom/WC, study, lounge, conservatory, TV room, dining room, kitchen/breakfast room, master bedroom with en-suite dressing room & shower room.
Three Bedroom Apartment with accommodation arranged over three levels. Cloakroom/WC, sitting room, kitchen, breakfast area, lounge, master bedroom with en-suite bathroom & family bathroom.
Re-modernised Two Bedroom Victorian Cottage within close proximity to all local amenities and underground station. Benefits include: lounge, kitchen, family bathroom and front & rear gardens.
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inhouse february 07
165 High Road, Loughton, Essex, IG10 4LF t: 020 8502 5588 f: 020 8502 5802 e: property.loughton@lawlors.co.uk
Please call 020 8502 5588 for more information on these and many more.
Fallow Fields, Loughton £699,995 Four Bedroom family property situated within the prestigious Great Woodcote Park. Cloakroom/WC, dining room, study, lounge, kitchen, master bedroom with en-suite shower room, garage & off-street parking.
Fallow Fields, Loughton £945,000 Five Bedroom family residence. The property has been exceptionally-well maintained and upgraded to the exacting standards of the current vendors with many fine bespoke features. Cloakroom/WC, study, dining area, lounge,
Park Hill, Loughton £559,000
double garage, off-street parking & landscaped rear garden.
Four Bedroom Detached property set over three levels, offering spacious open-planned lounge to dinning area. Fitted kitchen, utility room, master bedroom with en-suite bathroom, shower room with rear garden approx 50ft.
Baldwins Hill, Loughton £529,000
Theydon Park Road, Theydon Bois £499,995
Roding Gardens, Loughton £459,995
Three Bedroom Chalet-style Bungalow situated in a soughtafter location. The property is offered Chain Free and benefits from Shower room, lounge, dining area, kitchen, master bedroom with en-suite, single garage & off-street parking.
Four Bedroom Semi-Detached family residence. One of the principal features is the rear garden, measuring in excess of 200ft. Kitchen, lounge/diner and master bedroom with en-suite shower room, family bathroom, single garage & off-street parking.
Four Bedroom Detached residence in excellent decorative order, boasting a 21ft kitchen/breakfast room, Cloakroom/ WC, lounge, utility room, play room, master bedroom with en-suite shower room, family bathroom & off-street parking.
conservatory, kitchen/breakfast room, four en-suites additional family bathroom,
february 07 inhouse
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LAWLORS
PROPERTY SERVICES
A selection of properties currently for sale in Woodford Green and surrounding areas. TC SS Belmont Close, Woodford Green £845,000 Benefits include views over the Woodford Wells Cricket and Tennis club as well as its Four double bedrooms, two bathrooms, three receptions, kitchen/morning room, cloakroom/WC, off street parking, rear garden and garage.
Woodland Way, Woodford Green £865,000 A Four Bedroom Detached Property benefits include two reception rooms, kitchen / breakfast room, downstairs WC, double garage with utility area, separate study. four bedrooms and a family bathroom. Garden in access of 80ft.
Kendal Close, Woodford Green £720,000 Four Bedroom detached family residence benefiting from two good sized receptions, downstairs WC, kitchen, garden approximately 90' x 71', en-suite to master bedroom and plasma set to wall in family bathroom.
TC SS
Oak Hill, Woodford Green £599,995
High View Road, Woodford Green £550,000
Princes Road, Buckhurst Hill £499,999
Four bedroom, two receptions, 1930's end of terrace property, the property also benefits from approx 70ft rear garden, large kitchen/breakfast room, en suite wash room, garage with additional study room.
Four bedroom semi detached property within close proximity to Snaresbrook and Wanstead stations. Within the property there is two receptions, study, kitchen, two bathrooms, garage and off street parking.
Benefits include two receptions, kitchen/morning room, conservatory, rear garden with separate detached selfcontained cottage and off street parking. Located within close proximity of Buckhurst Hill Central Line Station.
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inhouse february 07
457 High Road Woodford Green, Essex, IG8 0XE t: 020 8506 0828 f: 020 8506 9101 e: property.woodford@lawlors.co.uk
Please call 020 8506 0828 for more information on these and many more. TC SS
Shorepoint, Buckhurst Hill £355,000
Monkhams Avenue, Woodford Green £700,000
Somerset Court, Buckhurst Hill £285,000
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 the level of accommodation on offer.
Detached Five Bedroom property which benefits from having three en suite bathrooms, two reception rooms, amtico flooring to the ground floor off street parking and garage. Located on the popular Monkhams estate.
Two bedroom first floor apartment in the popular location of Queens Road within close proximity of Buckhurst Hill Central Line Station. Benefiting from underground parking and communal gardens.
St Albans Crescent, Woodford Green £284,995
Lords Bushes, Buckhurst Hill £275,000
Grove Park, Wanstead £629,995
Two Bedroom Ground floor Edwardian conversion within close proximity to South Woodford Central Line Station. The property benefits from Lounge, integrated Kitchen/Breakfast room, Family bathroom and own rear Garden.
Offered to market is this three bedroom second floor property. Benefiting from mezzanine level from lounge to second bedroom, including dressing area, balcony, kitchen, family bathroom, allocated parking and communal garden.
Detached Two Bedroom bungalow benefiting from a large through lounge/dining area and groundfloor bathroom. Both bedrooms benefit from fitted wardrobes offering ample storage with a wonderful garden also.
Hillington Gardens, Woodford Green £540,000
Raine Gardens, Woodford Green £285,000
Percival House Woodford Green £289,000
Four bedroom semi detached property benefiting from three receptions, kitchen with utility area and bonus loft room, family bathroom, down stairs cloakroom, off street parking and rear garden.
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.
A unique two bedroom, two bathrooms split level apartment with further benefits of lounge, dining area, kitchen and allocated parking. The property has been kept to high standard by the current owner.
february 07 inhouse
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OPEN MORNING The Daiglen School, provides a warm, friendly environment for your child. Staff focus on individual abilities and needs, enabling all children to fulfil their potential. Subject specialists nurture talents and interests, challenging and extending the most able in a happy, well-disciplined environment which promotes self-esteem and respect for others. Politeness and good manners are expected and kindness to others is strongly stressed. Come and see our school in action on 21st March, 9.30 until 11.30 For more information call Mrs M Bradfield, Headteacher on 020 8504 7108 or visit our website at
www.daiglenschool.co.uk
PREPARATORY SCHOOL FOR BOYS & GIRLS 68 Palmerston Road, Buckhurst Hill, Essex, IG9 5LG
Tel: 0208 504 7108
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inhouse february 07
By WENDY DOCHERTY, consultant SAVILLS PRIVATE FINANCE
Demand for property in the prime housing market - homes costing £500,000 and above - is on the increase, partly due to the rise in bonuses and remuneration levels in the City of London, which are having a ripple effect outside the capital. According to the Centre for Economics and Business Research (CEBR), more than 4,000 City workers will take home £1m bonuses this year, with a total of around £8.8 billion set to be paid. Yolande Barnes, director of residential research at Savills, believes much of this cash will find its way into the housing sector. ‘We estimate that £5.5 billion from City bonuses will go into housing at the top end of the market in 2007,’ she forecasts. With a lot of money pouring into the top end of the market, demand is likely to be stiff for the most desirable properties. You can’t afford to hang about if you’ve seen something you really want as you may miss out. One way of helping you move quickly as soon as you find a property you like is to consult an independent mortgage broker before you start house hunting. A broker who specialises in arranging mortgages at the prime end of the market, such as Savills Private Finance (SPF), should be able to help you find the most suitable deal for your circumstances. Consulting a broker before you start house hunting helps to ensure you know exactly how much you can borrow, which may be more than you think. It also means that they can start the application process for you, so that once you have found a property they can move quickly. You may be wondering why it helps to use a broker in the first place; after all, what is wrong with simply walking into the local branch of your high-street bank and getting a mortgage that way? Well, if, like some purchasers at this level, you hope to borrow as much as possible to secure the property of your dreams – even with a big bonus behind you – this could be difficult by approaching a lender direct.
Those lenders who do offer bigger loans may charge higher rates for the privilege. Part of the reason behind this is that borrowers taking on deals this size tend to be more sophisticated than the average mortgage customer. They are more likely to ‘churn’ or move onto a better deal once the offer period ends, rather than put up with a higher, less competitive rate. And they are more likely to clear their mortgage more quickly, paying off large chunks as, and when, they receive their bonuses. This is where a broker with the right contacts comes into their own. We are able to negotiate lower rates on bigger loans as we can achieve discounts off the lender’s standard mortgage offering. This helps us to get you similar terms as those taking out smaller mortgages, which can save you a great amount of money. If you require an interest-only deal rather than a repayment mortgage, this should also be possible to arrange. You may also require more flexibility than a standard fixed or discounted mortgage can offer, and at SPF we can help find a product to suit your particular needs. Because your situation is likely to be far from straightforward, a cocktail of rates may be more suitable – some floating, some fixed – to tie in with your future earning expectations. This can provide more flexibility, which can be vital with a fluctuating income. By fixing part of your mortgage you buy yourself some certainty, which may be useful if interest rates rise again in the New Year. And by leaving a portion of your mortgage on a variable rate
you retain flexibility: you can pay down part of this using bonuses or other income, without paying a penalty for doing so. It is not unusual for agents to demand that exchange of contracts occurs within 10 working days. Given that the average property transaction in England and Wales takes closer to 12 weeks, if you apply direct to the lender it may take much longer than the agent’s deadline to obtain a big enough loan, process the offer and exchange contracts. Most lenders aren’t equipped to proceed more quickly but a broker can help ensure that the mortgage goes through in a restricted timeframe so that you don’t miss out on your dream home. For mortgage advice, please contact Wendy Docherty at Savills Private Finance on 020 7715 4183 or 07968 553377
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.
february 07 inhouse
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What’s your business worth? (and how can you make it more valuable?) IN THIS ARTICLE, JOHN MCBRIDE, THE LOCATION DIRECTOR OF VANTIS IN LOUGHTON SETS OUT SOME INTERESTING POINTERS WHICH WILL CONTRIBUTE TOWARDS THE ANSWER TO THIS PROBLEM!!!
WHY VALUE THE BUSINESS? There can be many reasons for wanting to establish the value of either a business or an interest in a business, apart from the obvious reasons of potential sale or acquisition. They could involve future planning for the purposes of transferring shares elsewhere, tax planning, valuations associated with employee incentive schemes or simply a desire to reflect the benefit of years of hard work.
WHAT AFFECTS THE VALUATION OF COMPANIES? Many factors can influence the value of a company, including its historical consistency in profit terms, the quality of its assets, the certainty of its future earnings, the nature of its trading activities, the consistency of dividend distributions, the market share that the company controls and of course the level of other competitors in the same trade or geographical location. The valuation of a company can be adversely affected by a dependence on any one large supplier or customer, a dependence on one particular individual within the company, its association with outdated technology or fashion or a deteriorating profit trend, together with poor assets.
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Vantis - business
HOW TO INCREASE THE VALUE OF THE SALE? Provided there is time to groom the company towards a sale, increased value will be derived as a result. Simple matters such as ensuring that the sales terms and conditions, employment contracts with staff and other legal matters are brought up to date and more particularly to make sure that there is no litigation in being when a purchaser is approached. Because of the uncertainty of litigation there could be a large cost to pay as a result by way of the purchaser seeking to retain part of the consideration until the litigation is settled.
VALUATION TECHNIQUES Companies can be valued by reference to their assets, the earning stream, the anticipated future revenue, a discounted cashflow based on historical results, a comparison of similar companies in the same field or left to what is known as an “Earn-out”, which effectively will determine the consideration for the company, based on its future results, after it has been sold.
TYPES OF SALE In general circumstances the sale arrangements either involve an asset sale, as would be the case with any unincorporated business, or where a company decides to sell its assets and in the alternative a share sale agreement whereby the company’s shares are sold for value. There could be many different factors determining which avenue is followed, the principal ones of which are the requirements of the purchaser and also the tax profile of the vendor.
MAINTAINABLE PROFITS In any number of private companies, it is not unusual to find that there are excessive or non-recurring expenses (e.g., excessive Directors remuneration or pensions), which need to be reflected by way of “Add-back” in order to determine precisely what the maintainable profit is. Obviously the more that can be substantiated by way of increasing the maintainable profits, the higher the ultimate price will be. In thinking of some of the historic transactions that we have undertaken it is quite remarkable that disposals of loss making companies and those with huge succession problems have been achieved at very significant amounts of consideration. Whilst it is a very difficult decision to reach in finally disposing of a company, many factors can drive the decision, including health, lack of succession, or simply a desire to get out of the rat race and move to a better life. Tax issues are particularly important in business disposals and no one should pay anymore than 10% tax on the capital gain - but only if the structure is right. Getting the structure right often involves a lead period of up to two years. Planning and considering the way in which a disposal will take place, takes time but the pay back can be enormous. The Chancellor provides very attractive tax treatment for the disposal of private company shares and businesses. The sale process does take time and periods from three months to a year can elapse, depending upon the nature of the company and the purchasers available. The time also has to be found in addition to the normal operation of the business and the effect of this cannot be underestimated.
Presentation is important and it is necessary to make sure that the premises look satisfactory for the first impression of the purchaser; marketing material is up to date and so too the accounting records. The fixed assets will need to be reviewed to make sure that there are none which are old or redundant; maintenance agreements in relation to the equipment are kept up to date; and an asset register is brought into being. Stock and debtors should be reviewed to make sure that a realistic appraisal is taken of the realisability of both and, where appropriate, to make arrangements to dispose of old or redundant stock at knock down values to provide cash. Careful planning for an exit with the benefit of time can add very substantial sums to the ultimate sale price and in turn make retirement that much more comfortable. It is certainly not a transaction to be entered into without the benefit of tried and trusted professionals.
Interested in finding out more about how much your business is worth... Why not attend our free seminar What’s Your Business Worth? being held on Thursday 15th March 2007 at the Waltham Abbey Marriott Hotel. Whether you are buying, selling or simply running a business, this is your chance to spend a couple of hours with Vantis experts in this field. To register your interest in attending this event, simply email sue.price@vantisplc.com with “What’s Your Business Worth seminar registration” in the subject heading and we will let you have full details by return. Alternatively contact Sue on 020 8502 0411.
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 John McBride at Vantis in Loughton, on
020 8502 0411 www.vantisplc.com/loughton
Previous Vantis articles can be read on-line at www.lawlors.co.uk/publications.asp The content of this document is intended for general guidance only and, where relevant, represents our understanding of current law and HM Revenue and Customs practice. Action should not be taken without seeking professional advice. No responsibility for loss by any person acting or refraining from action as a result of the material in this document can be accepted and we cannot assume legal liability for any errors or omissions this document may contain. © Vantis, February 2007. All rights reserved. Vantis Group Ltd, a Vantis plc group company, is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities.
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Probate
Business
Litigation
Commercial Property
Residential Conveyancing
Our firm dates back to 1920 when it was established under the name of A.A.Lewis. It now practices as Foskett Marr Gadsby & Head from offices in Epping and Loughton in Essex. Originally being a general practice, providing advice to a broad cross section of the local community the practice has developed over the years such that the client base is now nationwide and in some instances international.
The requirements of our clients are constantly changing and we have adapted over the years to meet these demands. As a consequence we have developed a progressive and efficient service responsive to the needs of our clients. This approach has driven the creation of the specialist teams with details overleaf. Howard Parkinson Senior Partner
Employment
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Application with reputation, excellence and trust.
Howard Parkinson - SENIOR PARTNER COMMERCIAL PROPERTY
In the field of commercial property we have developed a strong reputation over the years. We act on behalf of a number of builders and developers in the acquisition and development of all types of commercial sites and in the sales of residential developments. We have developed an expertise in the specialised field of planning law, advising clients with regard to planning applications and appeals, disputes and enforcement matters. We offer particular expertise in licensing matters affecting clubs, public houses hotels and restaurants. We have an extensive knowledge of business leases and advise both landlords and tenants in connection with the negotiation, termination and renewal together with disputes which can arise as a consequence.
Duncan Gadsby - PARTNER RESIDENTIAL CONVEYANCING
Moving house can be stressful, but we believe that our individual approach to each client's specific needs helps to overcome any difficulties that may be encountered. Our team of lawyers combine a personal service with their individual expertise and offer a broad experience in the sale and purchase of both freehold and leasehold properties and in connection with mortgage and remortgage transactions. Our involvement goes beyond simply dealing with the legal aspects of a transaction. We discuss with clients the most appropriate marketing policy for existing properties and the best type of survey arrangements for a proposed acquisition. We actively support e-conveyancing which we believe will streamline the conveyancing process to the benefit of all concerned. We are setting up a department to provide HIPs.
John Worby - PARTNER BUSINESS TEAM HEAD
Our Business Team offers a level of specialist expertise normally only found in major commercial centres. We specialise in a wide range of business matters, advising clients from sole traders and family firms to public companies. Our advice is based on an understanding of the nature of each client’s needs and their particular requirements. When setting up a business we will assist at the outset by advising on the appropriate business structure, whether it be sole trader, partnership, limited liability partnership or company and in the preparation, where necessary, of partnership and shareholders agreements. We advise on business acquisitions and disposals. Clients will benefit from our experience in management buyouts, share sales and purchases, franchise agreements and business restructuring arrangements. We provide advice on all aspects relating to the use and occupation of commercial premises including the negotiation and renewal of leases. The need often arises for carefully worded contracts and agreements to be prepared and we are able to deal with these. We can also advise on trading terms and conditions that are appropriate to the client’s business.
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inhouse february 07
Jane Maton - PARTNER LITIGATION
It is a fact of life that disputes will arise, whether in your personal life or in business. It could be the breakdown of a relationship giving rise to substantial property claims or contact and residence applications involving children. Our lawyers have wide experience in financial claims including high worth clients and those involving business and land. At such a time of emotional distress our family lawyers will do their best to give you clear and straightforward advice to help you through this period. You may wish to pursue a claim for damages arising from injuries following an accident or have a contractual dispute with another business. Someone may owe you money or there may be a dispute with a neighbour concerning boundaries which needs to be resolved. Whatever the issue our litigation department will aim to resolve the dispute as quickly and as economically as possible and to our clients maximum advantage. We will endeavour to achieve this without the need to institute court proceedings but should these become necessary then our experience in this area will be utilised to our clients advantage.
Robin Cearns - PARTNER EMPLOYMENT
For both employers and employees life is becoming increasingly regulated and contentious. There are numerous employment regulations which we all must follow and our employment department strives to guide both employers and employees through those regulations. We prepare contracts of employment, employee handbooks and all the necessary policies to sit hand in hand with the contracts of employment. We provide advice on all employment issues associated with the buying and selling of businesses.We have a wealth of experience in dealing with employment matters when the relationship breaks down resulting in Tribunal proceedings or compromise agreements.
John Jones - PARTNER PROBATE
We have a specialist department dedicated to the preparation of Wills and the administration of trusts and estates. When advising a client with regards to making a Will or preparing a document to give effect to the client’s wishes, we can also provide advice on the broader taxation and other implications. Taxation can have a very significant impact on the value of the estate which eventually passes to the beneficiaries. Often this results in the client making various arrangements during their lifetime to reduce the tax burden on the estate. We deal with the administration of trusts and estates and our knowledge and expertise in this area enables them to be managed and to the best advantage of the beneficiaries. Also many clients are unaware of the possibility of varying the provisions in wills within two years from the date of the death and this can result in significant tax savings for the family. We are frequently consulted by clients in connection with the creation of Powers of Attorney and have a broad experience of dealing with Court of Protection applications, which become necessary in instances where clients or their relatives are no longer able to administer their own affairs. We have also developed an expertise in dealing with claims against estates by disappointed relatives and can advise fully on the implications of the Inheritance (Provision for family and dependants) Act.
february 07 inhouse
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If we think something doesn’t make sense we question it. We’ll look for a better way, then help you get there.
Probate
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Business
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Commercial Property
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Residential Conveyancing
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Epping Office
Loughton Office
181 High Street Epping Essex CM16 4BQ
181 High Street Epping Essex CM16 4BQ
Tel 01992 575642 Fax 01992 577660
Tel 01992 575642 Fax 01992 577660
email@foskettmarr.co.uk
email@foskettmarr.co.uk
or visit us at: www.foskettmarr.co.uk 20
inhouse february 07
Employment
LAWLORS • ELITE HOMES •
Four Bedroom, Detached Family Residence. Benefiting from three reception rooms, a fully fitted kitchen/breakfast room, master bedroom with an en-suite, a further en-suite shower room to bedroom two, rear garden 116'0 approx with swimming pool and an integrated garage.
TOMSWOOD ROAD CHIGWELL PRICE GUIDE: £1,029,995
For more information, please contact our Chigwell office on
020 8281 0123 BARNABY WAY CHIGWELL PRICE GUIDE: £1.1M Four Double Bedroom, Family Detached home which benefits from a block paved carriage driveway. Benefits from two reception rooms, three ensuites, contemporary kitchen, 'Bose' sound system which spans the whole house, hot water relay system and Cat 6 Internet connections.
For more information, please contact our Chigwell office on
020 8581 0123 22
inhouse february 07
Six Bedroom Character Detached family residence situated within this sought-after road. Drawing room, family room, breakfast room, kitchen, rear lobby, cloakroom/WC, games room, utility room, master bedroom with en-suite shower room, family bathroom, carriage driveway & offstreet parking.
PALMERSTON ROAD BUCKHURST HILL PRICE GUIDE: £1.1M
For more information, please contact our Loughton office on
020 8502 5588 CHIGWELL RISE CHIGWELL PRICE GUIDE: £1,275,000 Seven Bedroom, Detached Family Residence, with spacious living accommodation. Including three 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 Chigwell office on
020 8281 0123 february 07 inhouse
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LAWLORS • ELITE HOMES •
A stunning ground floor wing of this delightful converted Mansion. The Property benefits include: imposing communal entrance hall, luxury fitted kitchen, conservatory, drawing room, dining room, master bedroom with en-suite bathroom, further double bedroom, shower room, own private garden in addition to approx 8 acres of communal grounds and garage.
WARREN HILL MANSIONS LOUGHTON PRICE GUIDE: £1.3M
For more information, please contact our Loughton office on
020 8502 5588 ABRIDGE ROAD EPPING PRICE GUIDE: £1.35M Set on the historic Parsonage Hall Farm, which is believed to date back to around the15th Century, we are pleased to offer this four bedroom barn conversion with four en suites. 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 24
inhouse february 07
Set within the grounds of the Woolston Manor 18 hole Golf Course is This gated Five Bedroom Detached Property benefiting from three en-suite bathrooms, additional family bathroom, lounge 33'6 x 14'6, dining room and a fully fitted hand crafted kitchen/breakfast room.
GROVE LANE, CHIGWELL PRICE GUIDE: £1.399M
For more information, please contact our Chigwell office on
020 8281 0123 THE DRIVE WANSTEAD PRICE GUIDE: £1.425M A Unique chance to acquire this wonderful Four Bedroom detached home, situated on the ever Popular, The Drive in Wanstead.. Benefiting from Lounge, Dining Room Kitchen/Morning Room, Cloakroom, Master Bedroom En-Suite Bathroom, Family Bathroom and Off Street Parking.
For more information, please contact our Woodford office on
020 8506 0828 february 07 inhouse
25
LAWLORS • ELITE HOMES •
Five Bedroom, Detached Residence, benefiting from excellent living accommodation including an impressive hallway with Marble flooring, spacious lounge, fully fitted hand crafted kitchen/breakfast room, three bathrooms, a detached garage and carriage driveway. With no on-going chain an early inspection is highly recommended
STRADBROKE DRIVE CHIGWELL PRICE GUIDE: £1,450,000
For more information, please contact our Chigwell office on
020 8281 0123 HAINAULT ROAD CHIGWELL PRICE GUIDE: £1.45M A Beautifully Presented Four Bedroom Detached Property backing Chigwell Golf Course . 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 contact our Chigwell office on
020 8281 0123 26
inhouse february 07
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
ALDERTON HILL, LOUGHTON PRICE GUIDE: ÂŁ1.75M
rooms and bathroom, four further bedrooms (two with en-suite facilities), family bathroom, games room/gym/study, carriage driveway and integral garage.
For more information, please contact our Loughton office on
020 8502 5588
MANOR ROAD CHIGWELL PRICE GUIDE: ÂŁ1,875,000 Modern, Nine Bedroom, Detached Home benefiting from having a combined lounge, kitchen and dining area Five en-suite bathrooms and being very individual in design. This property has an added feature of a self contained lower ground floor apartment, an attached garage and parking for several vehicles.
For more information, please contact our Chigwell office on
020 8281 0123 february 07 inhouse
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LAWLORS • ELITE HOMES •
This Seven Bedroom, Detached Property 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.
TOMSWOOD ROAD, CHIGWELL PRICE GUIDE: £1,950,000
For more information, please contact our Chigwell office on
020 8281 0123 WOOLSTON HOUSE ABRIDGE ROAD PRICE GUIDE: £1.950M Set within the grounds of the Woolston Manor 18 hole Golf Course is This gated Five Bedroom , Detached Property benefiting from three en-suite bathrooms, additional family bathroom, lounge 33'6 x 14'6, dining room and a fully fitted hand crafted kitchen/breakfast room.
For more information, please contact our Chigwell office on
020 8281 0123 28
inhouse february 07
An Exceptional Five Bedroom Detached family residence, situated within this exclusive gated location within a semi-rural environment. This stunning residence was imaginatively converted under the auspices of the well renowned English Heritage. A residence of such calibre exudes modern day living combining traditional craftsmanship complemented by contemporary internal design. Viewing is exclusively via Lawlors Property Services.
BEECH HILL PARK, HIGH BEECH PRICE GUIDE: ÂŁ2.5M
For more information, please contact our Loughton office on
020 8502 5588 MANOR ROAD CHIGWEL PRICE GUIDE: ÂŁ2,575,000 A Stunning Six Bedroom Detached Residence backing Chigwell Golf Course This property benefits from having three reception rooms, six bathrooms including en-suites and spiral staircase leading into the most magnificent heated indoor swimming pool complex including: Jacuzzi and sauna and surround with Italian antique marble flooring.
For more information, please contact our Chigwell office on
020 8281 0123 february 07 inhouse
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LAWLORS • ELITE HOMES •
A Fine Five Bedroom, Detached Family Home with a superb indoor swimming pool complex which is an integral part of the main home Two of the bathrooms have their own dressing room facilities, the rear garden widens at the most to 120ft and includes a brick built covered breeze house all equipped for out door barbequing and eating.
TOMSWOOD ROAD, CHIGWELL PRICE GUIDE: £2,799,995
For more information, please contact our Chigwell office on
020 8281 0123 RODING LANE CHIGWELL PRICE GUIDE: £4.5M Merleswood is a charming family home situated on Chigwell's most enviable settings. All the reception rooms, kitchen/breakfast room and all but one of the six bedrooms over look the beautiful mature gardens which include a tennis court, fish pond and a generous paved patio. Within the grounds there is an indoor swimming pool with steam room and a snooker/games room that gives you a real leisurely and relaxing feel. Adjacent to the leisure facilities there is a self contained dwelling and various outbuildings including detached garaging.
For more information, please contact our Chigwell office on
020 8281 0123 30
inhouse february 07
One in four people will suffer from some form of mental ill health in their lifetime. InterAct, a charity whose aim is to remove the stigma runs several projects to assist those disadvantaged in our society. From their base in Chelmsford, several projects including Circles of Support, Bridges to Education and Bridges to Work successfully help vulnerable people to improve their lives.
BRIDGES TO WORK based locally in Waltham Abbey, provide ‘Back to Work’ training for people recovering from mental ill health. Our main aim is to “help people to help themselves” by offering support and training within a relaxed and professional environment.
WHO IS MORE LIKELY TO EXPERIENCE MENTAL OR EMOTIONAL STRESS?
We encourage social skills through
The answer is Women
project fundraising. Volunteering and
Women are more likely than men to experience mental and emotional distress. This situation reflects the greater
Over the years, we have seen an increase in the number of people being referred due to work-related stress or self-employment where many feel
stresses many women now fact. However, the good news is that women are more likely to seek help and, as a result, are more likely to make a good
isolated.
recovery. If this follows a long absence
We are specifically focused on getting people back to work by setting realistic targets with regular Personal Action
from the workplace, many women will want to return to work but may have lost confidence and feel lacking in work skills.
learning, team building, external courses and Client Away Days and work experience opportunities with local employers are provided in order for clients to gain transferable skills and confidence within the work place. Our Employment Adviser is responsible for advice and guidance and, also, for monitoring Supported Permitted Work. Clients are positively encouraged to get fit for work through exercise, sport and healthy eating. Clients are treated as individuals and receive holistic support in order to move forward.
Plans. Computer training to CLAIT level is provided as a ‘tool’ to revise previous IT skills and/or achieve new skills. Our exercises are based on achieving and preparation for the work place.
Other
provision is via Job Club, Employment Preparation Courses, Voice Training and much, much more. A Client Focus Group ensures that we listen and react to training needs and fulfil and support individual needs. We constantly monitor and regularly evaluate our
“I have found the help, advice and encouragement that I have received from all the team at Bridges to Work extremely beneficial to me. If I had not become a programme member, I really do believe that I would not be ready to return to work, and I would not have had the confidence to apply for the job which I am about to start on Monday. I have received such great help and support in every aspect of returning to work and am most grateful.”
clients’ progress.
Our funding is supported by the European Social Fund
October 2006 This client had not worked for over twelve years!
Clients can self-refer, although most referrals come from Community Mental Health Teams, Doctors’ surgeries, agencies and partners etc. Registration is based on satisfactory completion of a Gateway Application Form and Risk Assessment. Support is provided by two full time members of staff together with a dedicated multi-skilled team of volunteers. For further information or to make an appointment please telephone
01992 716616 Pauline Reeves – Project Manager
february 07 inhouse
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LAWLORS • LETTINGS •
A selection of properties available to let in West Essex and the surrounding areas.
Sands Way, Woodford Green £895 pcm
Parkmore Close, Sunset Avenue £925 pcm
Snakes Lane East, Woodford Green £1,100 pcm
• • • •
• • • •
• • • •
AVAILABLE NOW - FURNISHED OR UNFURNISHED Two Bedrooms Neutral Decor Newly Fitted Kitchen
AVAILABLE 26TH FEBUARY - UNFURNISHED Two Bedroom Second Floor Apartment Allocated Parking Space
AVAILABLE NOW - PART FURNISHED Three Bedrooms Close to Woodford Station Garage
T LE
T LE Woodland Road, Loughton £1,250 pcm
Shorepoint, Buckhurst Hill £1,250 pcm
Smarts Lane, Loughton £1,300 pcm
• • • •
• • • •
• AVAILABLE NOW - UNFURNISHED • Three Bedrooms • Immaculate Throughout • Integral Garage
AVAILABLE NOW - PART FURNISHED Three Bedrooms Neutral Decor Well Maintained Garden
AVAILABLE NOW - UNFURNISHED Two Bedrooms, Master with en-suite shower room Open plan Lounge/Kitchen
T LE
Sutherland House, Repton Park £1,300 pcm
Fontayne Avenue, Chigwell £1,400 pcm
Devonshire House, Woodford Green £1,400 pcm
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• • • •
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AVAILABLE 25 FEBRUARY 2007 - UNFURNISHED Two Bedroom Second Floor Apartment Allocated Parking
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inhouse february 07
AVAILABLE JANUARY - FURNISHED Three Bedrooms Two Bathrooms Off Street Parking
AVAILABLE FEBRUARY - UNFURNISHED Two Bedroom Second Floor Apartment Two Allocated Parking Spaces
165 High Road, Loughton, Essex, IG10 4LF t: 020 8502 3388 f: 020 8502 5802 e: property.loughton@lawlors.co.uk
Please call 020 8502 3388 for more information on these and many more.
T LE
LATEST
LETTINGS Crownhill Road, Woodford Green • AVAILABLE NOW - UNFURNISHED • Two Bedrooms • 50ft Garden • Fitted Kitchen
Cleves Close, Loughton £1,900 pcm
Patrick Grove, Waltham Abbey £2,500 pcm
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• • • •
AVAILABLE FEBRUARY 2007 - UNFURNISHED Four Bedrooms Double garage Close to Loughton Station
AVAILABLE - FURNISHED OR UNFURNISHED Five Bedrooms Gated Development Neutral Décor
£875 pcm
Sunset Avenue, Woodford Green • AVAILABLE NOW - UNFURNISHED • Three Bedrooms • Balcony • Views over Woodford golf course
£1,100 pcm
Boleyn Court, Buckhurst Hill • AVAILABLE NOW - UNFURNISHED • Two Bedrooms • Two Balconies
Hillcrest Road, Loughton £2500 pcm
Manor Road, Chigwell £4,000 pcm
• • • •
• • • •
AVAILABLE MID JANUARY - FURNISHED Four Bedrooms En-suite to Master Bedroom Excellent Decorative Order
• Two Bathrooms
£1,150 pcm
AVAILABLE NOW - FURNISHED Five Double Bedrooms Stunning Tropical Gardens Viewing Highly Recommended
Hill Hall, Epping • AVAILABLE NOW - UNFURNISHED • Two Bedrooms • Loft Conversion • Located with 20 acres of landscaped gardens
£1,700 pcm
The Lindens, Loughton • AVAILABLE NOW - UNFURNISHED • Four Bedrooms
Alderton Hill, Loughton £6,000 pcm
Manor Road, Chigwell £6,500 pcm
• Double garage & off street parking
• • • •
• • • •
• Executive detached property
AVAILABLE SOON - UNFURNISHED Five Large Bedrooms New Build Five Bathrooms
AVAILABLE NOW - FURNISHED OR UNFURNISHED Six Bedrooms Stunning Indoor Pool Golf Course Views
£1,900 pcm
february 07 inhouse
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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
www.lawlors.co.uk
inhouse residential sales
lettings
new homes
international
investment
For further information on how to advertise in Inhouse, please call Andrea on
020 8502 5588 or email: inhouse@lawlors.co.uk
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inhouse february 07
T Y LE IT N E TO Y TU AS BU OR L PH PP NA O FI
INTERNATIONAL CITY, DUBAI
The Residencies Phase III apartments from £47,000 An unrivalled opportunity to buy a furnished, freehold property in cosmopolitan Dubai that will benefit from capital appreciation while the property is rented and managed. • 30% desposit (70% mortgage available) deposits from £14,100 • Guaranteed rental for 3 years at 10% gross of purchase price • Air conditioned
• Furnished
• 3 years residency visa
• Allocated parking
Please call Sam at the Loughton office on 020 8502 5588, or register your interest at international@lawlors.co.uk or alternatively visit www.lawlors.co.uk for more information.