Woodside Road, Woodford Green see page 14
www.lawlors.co.uk
a personal
inhouse choice residential sales
lettings
new homes
international
investment
page
contents
1
Woodside Road
2/3
Personal Choice - Black Bush Farm
4/5
Chigwell
6
Bang & Olufsen
7
Repton Park
8/9
Loughton
10/11
Vantis plc
12
Lawlors International
13
Lawlors International and Bancroft School
14/15
Elite Homes
16
Foskett Marr Gadsby & Head
17
BB Partnership Ltd
18/19
Woodford
20
Michael Edmeades
21
Savills Private Finance
22/23
Lettings
24
Sofa Design
25
The Kilns
26
Diabetes UK, All Clear, Ash & Embers
27
SJK Interiors Ltd
28
Majestic Gardens, Cyprus
2
inhouse november 06
BLACK BUSH FARM • HOOK LANE • LAMBOURNE END PRICE GUIDE: £2,200,000 SOLE AGENT
A Grade II Listed Elizabethan Farmhouse built circa 1600 and set amidst 5.2 acres of landscaped gardens and paddocks. In addition to the main Four Bedroom detached residence, there is an additional two bedroom annex. In addition to the accommodation there are various outbuildings which offer stabling for nine horses, heated swimming pool and tennis court. Grade II Listed Farm house comprising: four bedrooms, two bathrooms, lounge, dining room, study, fitted kitchen/breakfast room, utility room, TV room, family room, games room, cloakroom, Gardener's room and cellars. · Self-Contained Annex including: lounge, dining room, kitchen, study and two bedrooms both with bathrooms · Stabling for nine horses with paddocks and land extending to 5 acres · Planning permission for additional Barn Conversion which could be sold as a separate residence · Leisure Facilities including: swimming pool and tennis court For more information, please contact the Chigwell office on
020 8281 0123
november 06 inhouse
3
LAWLORS
PROPERTY SERVICES
A selection of properties currently for sale in Chigwell and surrounding areas.
Stradbroke Drive, Chigwell £1,399,995 Five Bedroom Detached residence offering Cloakroom/WC, lounge, family room, dining room, kitchen/breakfast room, utility room, master bedroom with en-suite, family bathroom, detached double garage & carriage driveway.
Manor Road, Chigwell £1,250,000 Five Double Bedroom Detached Property situated in Chigwell. This particular home has been carefully maintained and some benefits include master bedroom with en-suite bathroom, four further bedrooms, kitchen/breakfast room plus
Retreat Way, Chigwell £335,000
paved carriage driveway and to the rear there is a mature 135' rear garden.
Three Bedroom Modern Build Mid-Terraced House, set in a semi-rural location and ideal for all local amenities and giving easy access to neighbouring towns and major routes into the City. This property also benefits with off street parking.
Lambourne Road, Chigwell £595,000
Meadow Way, Chigwell £1,225,000
Brook Rise, Chigwell £579,995
Four Bedroom Detached Property set over three levels. Property offers good sized family accommodation with a spacious open plan lounge to dining area. Utility room, two bathrooms, lounge, dining room, kitchen, secluded rear garden & off-street parking.
Four Double Bedroom Detached local to amenities and Chigwell's Central Line Station, the property has planning permission for the triple garage to be changed into living accommodation and first storey extension.
Four Double Bedroom Detached Property in a sought after location within a short walking distance to Chigwell Station and all local amenities. This property is beautifully presented throughout and viewing is highly recommended.
three further reception rooms, to the front of the property there is a block
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inhouse november 06
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.
Meadow Way, Chigwell £1,100,000
Chigwell Rise, Chigwell £965,000
Chevers Halls Barn, Ongar £750,000
A Four Bedroom Detached family home on a corner plot boasting a spacious kitchen/breakfast room, utility room, three receptions and a study. The garden is in excess of 130ft.
A beautifully presented Four Bedroom Detached Property with three receptions, fully fitted kitchen/breakfast room, a southerly aspect garden and being in close proximity to Chigwell Central Line station and local shops and amenities.
This property has the most spectacular views, being set in a semi-rural setting. It has four bedrooms, a large dining hall and a spacious kitchen/breakfast room. This property also benefits from a detached garage with ample parking.
New Forest Lane, Chigwell £999,995
Manor Road, Chigwell £1,550,000
Grove Lane, Chigwell £999,995
Character Four Bedroom Family Residence in one Chigwell's most popular turnings, this property benefits from a beautiful mature garden with outdoor swimming pool and an outhouse, an early internal viewing is highly recommended.
This Originally Built Four Bedroom-Detached Family Residence situated with elevated views over looking Chigwell Golf Course, in excess of 75ft frontage and has potential for further enhancement subject to the normal planning regulations.
This Four Bedroom Detached Cottage is full of charm and character and is in an idyllic location, this property has a pool house which is covered with heated swimming pool and a leisure area.
Manor Road, Chigwell £2,150,000
Chigwell Drive, Chigwell £789,995
Stradbroke Drive, Chigwell £1,999,995
Beautifully presented Georgian-style Five Double Bedroom Detached residence, overlooking Chigwell Golf Course with stunning un-interrupted views. Boasting spacious accommodation including five bathrooms.
Three Bedroom Detached Property with two receptions and a spacious fully fitted kitchen, two attached garages to the side of the property and has the possibility of an extension subject to local planning permission.
A Six Bedroom Spacious Corner Plot Detached Property in most sought after location. This property a spacious living accommodation, an attached double garage, three en-suite bathrooms and a separate family bathroom.
november 06 inhouse
5
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
Regents Drive, Repton Park £1,050,000
Tavistock House £399,000
Kensington House £339,995
This six Bedroom Detached Property is set in the tranquil grounds of Repton Park, with two receptions and a beautifully crafted kitchen/breakfast room with additional living area, with en-suite to two bedrooms and two additional bathrooms.
Immaculate Two Bedroom First Floor Apartment with stunning views of the surrounding grounds, each bedroom having an en-suite with an additional guest cloakroom and with no ongoing chain, a viewing is highly recommended.
Spacious Two Bedroom First Floor Apartment set in the tranquil surrounds of Repton Park. This property benefits from having spacious living accommodation, kitchen with breakfast bar area and beautiful views.
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 Bartholemew House, Repton Park £515,000
arranging a free valuation please contact
Stunning Three Bedroom, First Floor Apartment offering spectacular views. Impressive spacious accommodation boasting solid wood flooring and Granite work surfaces, viewing highly recommended immediately.
our Chigwell Office on
020 8281 0123.
Burnett Road, The Avenue £524,995 Three Bedroom Semi-Detached Property with first floor balcony and integral garaging. This particular abode is arranged over three floors and comes complete with a fully fitted kitchen/breakfast room and separate utility room.
Devonshire House £599,995
Bartholemew House, Repton Park £439,995
Kensington House £369,995
A Stunning Three Bedroom Ground Floor Apartment, boasting three bathrooms, spacious lounge, separate dining room, a fully fitted kitchen/breakfast room, high ceilings with decorative covings and having two parking spaces.
Situated in the prestigious grounds of Repton Park is this first floor 'blank canvass' for a would be enthusiast to create its own identity as it has a floor space of approx 15 50 sq ft. Boasting high vaulted ceiling and large double glazed sash bay windows.
This particularly well-presented Two/Three Bedroom, First Floor Apartment. This home benefits from its flexible accommodation, two allocated underground parking spaces and 24hr 7 day concierge service is also available.
november 06 inhouse
7
LAWLORS
PROPERTY SERVICES
A selection of properties currently for sale in Loughton and surrounding areas.
Swan Lane Great, Woodcote Park £730,000 Situated on the prestigious "Great Woodcote Park" we have delight in offering to the market this four bedroom detached property. Benefits include study, dining room, cloakroom, lounge, kitchen, conservatory, master bedroom, en suite.
Little Plucketts Way, Buckhurst Hill £1,250,000 An impressive Five/Six Bedroom executive detached family residence situated in what is popularly regarded as Buckhurst Hill's premier road. The property is within close
Albany View, Buckhurst Hill £449,995 Beautifully presented Three Bedroom, Chalet-style House offering modern fitted kitchen and bathroom, large conservatory and underfloor heating. Lounge, dining room, kitchen, conservatory, bathroom, separate WC, single and off-street parking.
A SA G L RE E ED
proximity of the Central Line Tube Station, Queens Road .
Palmeston Road, Buckhurst Hill £1,100,000
Bridge Barn, Coopersale £975,000
Treetops View, Gt Woodcote Park £845,000
Six Bedroom Character Detached family residence situated within this sought-after road and being ideally placed for the shopping amenities of fashionable Queens Road, and the Central Line with its transports link to The City and West End.
Three Bedroom Award-winning Grade II Listed Barn-Conversion with far-reaching views over surrounding countryside. The property has a stable block with separate living accommodation with ample parking and room for garage if required.
Lawlors are delighted to offer for sale this Five Bedroom Executive Detached Family Residence located on the Popular Gated development of Great Woodcote Park. The property offers spacious living accommodation and is offered in good decorative order.
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inhouse november 06
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.
Warren Hill, Loughton £675,000
Devon Close, Buckhurst Hill £529,995
Firs Drive, Loughton £499,995
Delightful Four Bedroom Chalet Bungalow offering much charm and character and is situated in this prime residential road in Loughton opposite Epping Forest
Four Bedroom extended 1930's Semi-Detached residence, situated in a popular cul-de-sac within Buckhurst Hill, within close proximity to fashionable Queens Road and Central Line Tube Station. The property is in excellent decorative order throughout .
Three Bedroom BUNGALOW situated in a quiet residential cul-de-sac in North Loughton. This particular property is offered chain free and can be located by proceeding from our office in the direction of Epping.
Park Hill Loughton £575,000
Westbury Road, Buckhurst Hill £489,995
Lower Park Road, Loughton £530,000
Four Bedroom Detached Property set over three levels. The property offers good sized family accommodation with a spacious open plan lounge to dining area. Utility room, two family bathrooms, lounge, dining room, kitchen, secluded rear garden & off-street parking.
Character residence which is situated on a corner plot being in the catchment area for St Johns School and ideally located for the shopping facilities of fashionable Queens Road and the Central Line Station.
Four/Five Bedroom Victorian residence situated in close proximity to the shopping facilities of the High road and Central Line Tube Station with its transport links to The City & West End.
Tycehurst Hill Loughton £840,000
Forest Height, Buckhurst Hill £329,995
Valley Hill, Loughton
Substantial Four Bedroom Detached family residence offering: family room, lounge, study, kitchen/breakfast room, utility room, cloakroom/WC, master bedroom with en-suite, family bathroom, garage & off-street parking.
Two Bedroom First Floor Apartment which has been refurbished throughout to an excellent standard. Situated within this prestigious development set behind security gates with porterage and delightfully landscaped grounds.
Spacious Two Bedroom Ground Floor Apartment offered in stunning decorative order, offering security entry phone system, allocated parking and own decked garden. Open plan lounge/ diner/kitchen, main bathroom & own & communal gardens.
£269,995
november 06 inhouse
9
Some of your financial questions answered… DAVID KIRKWOOD OF LOCAL ACCOUNTANTS, TAX AND BUSINESS ADVISERS VANTIS, COMMENTS ON SOME OF OUR READERS FINANCIAL QUERIES THAT HAVE BEEN RECEIVED OVER THE LAST MONTH. We had a good response to our article last month, which offered the option of providing guidance and advice to some of your financial questions. This month we have picked the following three interesting issues to deal with.
QUESTION ONE
BEATING THE TWO-HOME TAX
ANSWER:
“I own a house in Essex which I use during the week as my job is based here.
• A capital gain arising on the sale of your main residence is exempt from capital
My wife owns a home in Scotland solely in her name. I was wondering what
gains tax as this is covered by the principal private residence relief. It would
capital gains tax l would pay on a profit of £62,000 when l come to sell the
appear you have two residences but the relief is only available on one of these.
house in Essex and move back to
You will note that although the house in Scotland is in your wife's name, as a
Scotland. How can I reduce
couple you are deemed to have one matrimonial home irrespective of whose
the Capital Gains Tax
name the property is in.
bill?”
• Normally in cases where an individual has more than one residence you may make an election to the Inland Revenue informing them of the property that is your main residence, so that the principal private residence (PPR) relief can be obtained if this property is sold. • If an election is not in place the PPR will be determined based on the facts of the case. If it is the case that your PPR is the house in Scotland, any gains arising on the sale of the other residence will not be covered by the PPR relief and will be subject to capital gains tax. • The capital gain will be reduced by the capital gain annual exemption which is currently £8,800 for the tax year 2006/07. You can also obtain capital gains taper relief to further reduce the gain, but this will depend on when the property was purchased and how long you owned it before sale. Taper relief is based on a percentage reduction of the gain and is on a sliding scale from 5% for properties purchased after 6 April 1998 and owned for three complete years before sale to a maximum of 40% if owned for 10 years. If the property was purchased before 6 April 1998 a bonus year is added to the number of complete tax years the property is held.
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inhouse november 06
Vantis - QUESTIONS & ANSWERS
QUESTION TWO
QUESTION THREE
DO I HAVE TO GO BUY-TO-LET?
WILL WORK LODGING AFFECT MY HOME?
“I have a flat which is coming up for remortgage after five years. I currently live
“I am an assistant housemistress and as a condition of my employment I have
in South Africa where my husband and I are self-employed. We are both British
to live in accommodation provided by the school. I am just about to buy a flat
but he has South African citizenship and we moved to Cape Town almost five
and wonder what the tax implications would be if I wanted to let it? Can I claim
years ago. The flat has been rented out for the entire period. As this is now the
it as my private residence if I stay in it for a couple of months before I let it?
only flat we have in the UK can we call it our primary residence and so not have
Would I be liable for capital gains tax when I sell it? ”
to go down the buy-to-let route in order to get a better mortgage rate of interest?” ANSWER: • As your job requires you to live in the accommodation provided at the school, you ANSWER:
are able to own a residential property and claim exemption from CGT for it as your
• The fact that you are both British and this is your only UK property does not
main residence which you intend, in due course, to occupy as your main residence.
entitle you necessarily to a residential mortgage on the property, as it
• The fact that you may let the flat while you are in the job-related
depends on your future intentions. • If you propose merely to retain the property as an investment, and rented out, then you would have to continue with a buy-to-let mortgage.
accommodation should not create a chargeable capital gain for that period of the letting. But if the rental income exceeds your outgoings – including the interest (but not the capital repayments) on a mortgage – incurred in maintaining the flat, you will have an income tax liability on the excess.
• If however it is your intention to return to the UK and resume occupancy of the property at some stage, then it may be possible to raise a residential mortgage on the property. This will of course be subject to application to the lending institution, and your ability to prove a suitable level of income in the UK for repayment purposes.
• It would be recommended that, if possible, your intention to occupy the flat is borne out by the fact that you do live there for a while. But it is the intention, rather than the actual occupation, which attracts the exemption for the period when you did not live there. I would therefore also recommend that you record on the letting pages of your annual tax return, that it is your intention to occupy the property as your residence, when you leave your job-related accommodation.
Do you have a financial query for our experts? If you have a question on any aspect of your finances that you would like to see featured in future issues of Inhouse, then do please get in touch. All you need to do is send a typed copy of your question, either by e-mail to sue.price@vantisplc.com with “Inhouse Reader Questions” in the subject line, or by post to: Inhouse Readers Questions, c/o David Kirkwood, Vantis, Crown House, 151 High Road, Loughton, Essex, IG10 4LG. Unfortunately we can't publish answers to all the questions that we receive. To increase your chances of being picked, please take care to write your question in simple, clear English and to include any facts and figures that you feel will help us fully understand the situation. Alternatively, for a personal consultation, contact David Kirkwood directly.
Vantis has a vibrant local office in Loughton, with a team of experts who know the area and its businesses well. Vantis is the 13th largest firm of accountants, tax and business advisers in the UK and has the specialist skills to advise on all aspects of taxation.
Call David Kirkwood 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, OCTOBER 2006. 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.
november 06 inhouse
11
GRANADA
Peninsula is proud to announce the launch of Medina Elvira. Set in the beautiful and tranquil valley at the Medina Elvira golf resort, frontline golf luxury apartments, duplex penthouses and lofts, offering a wide variety of apartment types, including the latest top of the range fittings and unheard of attention to detail. Medina is all about views. Spectacular views over the golf valley, panoramic lake views and breathtaking views of the Sierra Nevada mountains. All residents have access to the exclusive 18 hole golf course and country club, the Hotel and Spa and the horse riding centre. Combine this with the historical city of Granada (10 min) skiing at Spain’s best ski resort (25 min) and close proximity to Granada international airport (10 min) – Medina has to be the ultimate lifestyle/investment opportunity.
FROM AS LITTLE AS 10% DEPOSIT GUARANTEED RENTAL PROGRAM ON SELECTED UNITS FOR UP TO 10 YEARS FULL ON SITE PROPERTY MANAGEMENT 14% REAL ANNUAL CAPITAL APPRECIATION JACUZZI DECKS ON SELECTED UNITS
PLEASE CONTACT SAM LIBORWICH AT OUR LOUGHTON OFFICE ON 020 8502 5588 OR EMAIL: PROPERTY.LOUGHTON@LAWLORS.CO.UK 12
inhouse november 06
INTERNATIONAL CITY, PHASE III, DUBAI apartments from
£47,000
BUY TO LET OPPORTUNITY An unrivalled opportunity to buy a fully furnished, air conditioned apartment with allocated parking with a guaranteed rental yield of 10% per annum gross for the first three years. For just a 30% deposit (70% mortgage available) with nothing more to pay until completion, you will own an apartment in cosmopolitan Dubai and benefit from capital appreciation while the property is rented and managed. Lawlors Property Services have partnered with The Property Platform, to offer this exclusive development at International City.
YOUR FUTURE. YOUR CHOICE. PLEASE CONTACT SAM LIBORWICH AT OUR LOUGHTON OFFICE ON 020 8502 5588 OR EMAIL: PROPERTY.LOUGHTON@LAWLORS.CO.UK
Co-Educational 7-18
Independent HMC Day School
BANCROFT’S SCHOOL Founded 1737
OPEN MORNING For 11+ entry in September 2007 Saturday 25th November 2006 at 10.00am Full details of entry to the School at 7+ 11+ 13+ and Sixth Form level may be obtained from: The Admissions Secretary, Bancroft’s School, Woodford Green, Essex IG8 0RF
Telephone: 020 8506 6761 E-mail: office@bancrofts.essex.sch.uk www.bancrofts.essex.sch.uk
november 06 inhouse
13
LAWLORS • ELITE HOMES •
A stunning individually designed family residence backing onto Woodford Golf Course This contemporary property has been decorated to the exacting standards of the current vendors providing stunning accommodation over three floors Property benefits include: modern fitted kitchen, utility room, sitting room, dining room, cloakroom, master bedroom with luxury bathroom. Three further bedrooms, sauna, spacious garage and landscaped rear garden.
WOODSIDE ROAD , WOODFORD GREEN PRICE GUIDE: POA
For more information, please contact our Woodford office on
020 8506 0828 HAINAULT ROAD, CHIGWELL PRICE GUIDE: £1,450,000 A Beautifully Presented Four Bedroom Detached Property backing Chigwell Golf Course and benefits from three receptions and a fully fitted kitchen/breakfast room. An early viewing is highly recommended as there is no onward chain.
For more information, please contact our Chigwell office on
020 8281 0123 14
inhouse november 06
Seven Bedroom Detached Property which is totally bespoke and is designed to reflect `21st Century modern living accommodation. This property boasts many features including an automation system which includes curtains closure, mood lighting, control keypad video entry system (full alarm, security system and fire alarm system with central vacuuming on all floors), TV and Internet systems, music which is integrated throughout the property including bathrooms. This property also has five bathrooms and a fully fitted modern kitchen/breakfast room with granite work surfaces.
TOMSWOOD ROAD, CHIGWELL PRICE GUIDE: ÂŁ2,100,000
For more information, please contact our Chigwell office on
020 8281 0123 ALDERTON HILL LOUGHTON PRICE GUIDE: ÂŁ1.25M Delightful family residence new to the market for the first time in over 20 years located on this prestigious road. The property benefits from spacious accommodation including imposing reception hall, kitchen/breakfast room, sitting room, dining room, family room. Two bedrooms with en-suite facilities, two further bedrooms, family bathroom, cloakroom, garage carriage driveway, landscaped rear garden.
For more information, please contact our Loughton office on
020 8502 5588 november 06 inhouse
15
Foskett Marr Gadsby & Head My notion of what it would be like to be a top international finance lawyer took a battering this week when watching a TV
Luckily, whilst Britain is an island and we continue to
In addition to advising on a purchase for a joint
programme about the inability
look for ways to build more and more houses on a
purchase we also help with the creation of a deed
limited space, we are not yet in such dire straights.
of trust which clearly records the position and
Property prices have increased though because of
ambition of all parties. In the first place the deed sets
the vast majority of their land
limited availability.
Even with some mortgage
out the contribution each person has made to the
companies offering loans of up to six times annual
purchase price and the legal costs and expenses. It
for building homes.
salary, record prices make it extremely difficult for a
then establishes what share of the proceeds each
single person first time purchaser.
owner will receive when the property is sold, and
of the Japanese to make use of
Geographical flaws means most Japanese land is unstable and they are confined to living mainly in a
At foskett marr we are increasingly asked to advise
few coastal areas. This of course means extravagant
in situations where a number of friends or
property prices which push housing costs way
colleagues group together to buy a single property
beyond the reach of most. The Japanese have accomplished this shortage by building up and scaling down. Skyscrapers dominate cities like Tokyo. One apartment, only 6 feet by 10 has been home to a high flying Japanese lawyer for 17 years. It was almost possible to touch all door walls without moving from the middle of the floor.
can also provide for their respective contributions to continuing expenses such as the mortgage and other outgoings including repairs. Usually these schemes become difficult when one party wants to
Joint ownership schemes of this type are not
sell or leave and a good deed of trust allows a
complex but do require some forethought. As with
mechanism for that to happen, or provides a
all transactions its relatively easy to buy but much
formula to allow that persons share to be bought
more difficult to provide for the continued living
out.
arrangements and for the eventual sale of a property.
Luckily Britain is not as short of space as Japan. So if you are considering a joint or group purchase please
In practical terms mortgage lenders
call us, we don’t speak Japanese, but we do speak
will only allow one mortgage on a
good common sense, helping you make your move
home and the group will have to
run as smoothly as possible.
agree which mortgage product suits their needs, and taking into account their individual savings, how big a loan they require
Duncan Gadsby: partner
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inhouse november 06
LAWLORS
PROPERTY SERVICES
A selection of properties currently for sale in Woodford Green and surrounding areas.
Princes Road, Buckhurst Hill £499,995 Benefits include two receptions, kitchen/morning room, conservatory, in our opinion nice size rear garden with separate detached self-contained cottage and off street parking. An internal viewing is a must to fully appreciate.
GROVE PARK, WANSTEAD £675,000 This detached Two Bedroom property benefits from a large through lounge and dinning area, downstairs bathroom. All the bedrooms benefit from fitted wardrobes offering ample storage, and in our opinion this property offers a wonderful garden too.
High Road, Woodford Green £719,995 Four/five bedroom, three-storey, semi-detached Georgian family residence. Benefits include, master bedroom with en-suite shower room, three/four reception rooms, two bathrooms, rear garden and off street parking.
Percival House, Woodford Green £265,000
Monkhams Ave, Woodford Green £575,000
Shorepoint, Buckhurst Hill £355,000
Two bedroom ground floor apartment benefiting from underground parking, an en-suite shower room to the master bedroom plus an additional bathroom.
Circa 1870 Four Bedroom Terrace family property boasting spacious accommodation over three floors. Situated on the ever-sought after Monkhams Estate, immediate viewing is encourage to avoid disappointment.
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.
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inhouse november 06
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.
Raine Gardens, Woodford Green £295,000
Sunset Avenue, Woodford Green £895,000
Cranfield Sunset Ave, Woodford Green £299,995
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.
Situated in Sunset Avenue is the Fabulously Presented Detached Four Bedroom Colonial Style Residence with uninterrupted views across Woodford Golf Course.
Two double bedroom second floor flat with views over the local forest and Golf Course. The property benefits from good sized lounge/diner, kitchen, family bathroom, communal grounds, parking and garage en-block.
Clementine Walk, Woodford Green £275,000
Shorepoint, Buckhurst Hill £249,995
Sky Peals, Woodford Green £560,000
Offered CHAIN FREE is this spacious Two Double Bedroom Apartment benefiting from an en-suite shower room to master bedroom, Lounge with balcony, separate kitchen, family bathroom and secure underground parking.
Delightful One Bedroom, Top floor Apartment situated within this prestigious gated development this is an ideal first-time or investment purchase. Carpets and Washer Dryer are all inc in this price.
A delightful four bedroom end of terrace family home has come onto the market offering an abundance of rooms and space for the whole family to enjoy. A viewing is highly recommended to appreciate all that is on offer.
Snakes Lane West, Woodford £550,000
Beech Tree Glade, London £379,995
Monkhams Lane, Woodford Green £740,000
Three bedroom Detached Residence benefitting from three bedrooms, open plan style kitchen/diner, family room, sitting room, downstairs cloakroom, off street parking and detached garage to the rear.
Offering on to the market this three bedroom semi detached family home, which has outstanding views of Epping Forest. Benefitting from en suite to master bedroom, garage to rear, lounge, dining/morning room.
Offered to market is this character Four Double Bedroom property located on the ever popular Monkhams Estate in Woodford Green. The property has a good sized front for off street parking with garage and mature rear garden.
november 06 inhouse
19
By WENDY DOCHERTY, consultant SAVILLS PRIVATE FINANCE
Many borrowers start the hunt for a mortgage by scouring the ‘best buy’ tables in their local or national newspaper, or on the Internet. These can be useful, showing at a glance the cheapest mortgage rates available for a variety of products – fixed, discounted, base-rate tracker deals etc - at that particular time. The downside of these tables is that they paint only part of the picture. They rank products according to the rate of interest charged for taking out that deal, with the cheapest topping the pile. But rate is just one of a number of factors that should be considered when choosing a mortgage. The arrangement fee, which you pay to the lender when you take out a mortgage, is also very important, particularly as these have been increasing in recent years. The trend towards charging high arrangement fees means those products sitting at the top of the best buy tables can work out to be far less attractive once this extra cost is factored in. A typical arrangement fee can be anything between £500 and £700 but some lenders charge as much as 1.5 per cent of the mortgage amount.
USE AN INDEPENDENT MORTGAGE BROKER The important thing to remember when choosing a mortgage is to compare like with like. Work out the total monthly cost of the mortgage to you – taking into account the rate plus the fees – and then compare it with what else is on the market. If you can’t do the sums yourself, an independent mortgage broker will be able to do it for you. Finding the right mortgage involves lots of work, as there are so many different deals available from scores of lenders. Finding the most competitive deal is a time-consuming task unless you use a mortgage broker.
Using an independent broker, such as Savills Private Finance (SPF), will give you access to the whole of the market. The likelihood is that those restricted to a panel of lenders will not be able to find the best deal. A good broker will be able to talk through what sort of loan suits your circumstances and help you choose a suitable mortgage. SPF also offers exclusive rates and products, saving you even more money.
High fees aren’t always a problem. As a general rule, the bigger the mortgage you take out, the more important the rate of interest is and the less important the fee. But the reverse is true the smaller the mortgage: the fee takes on more importance than the rate.
ADDING FEES TO THE MORTGAGE Some lenders let you add the arrangement fee to the mortgage rather than pay it upfront. This may help with budgeting, particularly as many people are short of money when buying a new home. But if you add the fee to the mortgage it is important to remember that you are paying it back over a longer period of time – potentially the length of the mortgage term. This means you end up paying more because you will have to pay interest at the same rate as that charged on your mortgage, as well as the original fee.
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.
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LAWLORS • LETTINGS •
A selection of properties available to let in West Essex and the surrounding areas.
SOLE AGENCY
SOLE AGENCY
SOLE AGENCY
Thurlby House, Woodford Green £675 pcm
Chigwell Road, Woodford Green £675 pcm
Forest Heights, Buckhurst Hill £850 pcm
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AVAILABLE 27TH OCTOBER - UNFURNISHED One Bedroom Excellent Condition Viewing Recommended
SOLE AGENCY
AVAILABLE SOON One Bedroom New Carpets Modern Kitchen
AVAILABLE END OF OCTOBER - UNFURNISHED One bedroom Porterage Communal Grounds
SOLE AGENCY
Connaught Mews, Loughton £950 pcm
Crownhill Road, Woodford Green £1,000 pcm
Goldings Road, Loughton £1,100 pcm
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• AVAILABLE NOW - FULLY FURNISHED • Two bedrooms • Penthouse Apartment. • Designer kitchen
AVAILABLE NOVEMBER - UNFURNISHED Two Bedrooms Ensuite to Master Bedroom Close to Loughton Station
AVAILABLE NOW UNFURNISHED Two Bedrooms Fitted Kitchen Rear garden
SOLE AGENCY Hill Hall, Epping £1,300 pcm
Love Lane, Woodford Green £1,800 pcm
Hoveton Way, Ilford £1,950 pcm
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AVAILBLE SOON - FURNISHED OR UNFURNISHED Two Bedrooms Allocated Parking Set withing 20 Acres
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inhouse november 06
AVAILABLE NOW – PART FURNISHED Four Bedrooms Stunning Décor, Fully fitted kitchen Viewing Recommended
AVAILABLE NOW - UNFURNISHED Four Bedrooms En-suite to Master Bedroom Excellent Condition Throughout
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.
LATEST
LETTINGS The Manor, Woodford Green • AVAILABLE NOW – FURNISHED OR UNFURN • Two Bedrooms • Master with en-suite • Stunning Setting
The Lindens, Loughton £2,200 pcm
Hillcrest Road, Loughton £2,500 pcm
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AVAILABLE NOW - UNFURNISHED Four Bedrooms Double garage & off street parking Executive detached property
AVAILABLE NOW - FURNISHED Four Bedrooms Stunning Garden Excellend Decorative Order
£2,000 pcm
Trotwood, Chigwell • AVAILABLE NOW – FURNISHED • Two Bedrooms • Second floor apartment • Close to Grange Hill central line station
£700 pcm
Rowland Crescent, Chigwell • AVAILABLE NOW - UNFURNISHED • Three Bedrooms • Garage • Close to Grange Hill Station
The Uplands, Loughton £2500 pcm
The Manor, Repton Park £3,500 pcm
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AVAILABLE NOW UNFURNISHED Five Bedrooms Two En-Suites Hot Tub in Garden
AVAILABLE NOW - FURNISHED OR UNFURNISHED Penthouse Four Bedrooms, two with En-Suites Spacious Accommodation
£950 pcm
Fernbank, Buckhurst Hill • AVAILABLE NOW - FURNISHED • Two Bedrooms • Ground Floor Apartment • Gated Development
£900 pcm
New Forest Lane, Chigwell • AVAILABLE NOW - UNFURNISHED • Four Double Bedrooms • En-suite to Master Bedroom
SOLE AGENCY
• Spacious Lounge/Dining Room
Manor Road, Chigwell £4,300 pcm
Manor Road, Chigwell £6,500 pcm
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AVAILABLE NOW FURNISHED Five Double Bedrooms, Master with en-suite Three reception rooms Stunning Tropical Gardens
AVAILABLE END DECEMBER - FURNISHED OR UNFURN Six Bedrooms Stunning Indoor Pool Self Contained Annexe
• Heated Swimming Pool and outhouse
£3,200 pcm
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november 06 inhouse
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www.lawlors.co.uk
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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 november 06
Exclusive presentation on 12 November 2006 on Majestic Gardens by invitation only at Prince Regent Hotel, Chigwell, Essex. For further information call us on 0845 890 9991 or visit our website.