London Homes & Property (South East) August 2011

Page 1

LONDON Homes&

PROPERTY S h o wcas i n g th e f i n e st h o m e s i n y o u r a r e a

AUGUST 2011 - issue 010

Covering bLACKHEATH, GREENWICH, DULWICH & OTHER SELECT AREAS OF SOUTH EAST LONDON

Beachside Chic Indulge IN Nautical Style

Olympic potential Investment Opportunities in the South East


Business as usual Jones Lang LaSalle and King Sturge, two of the country’s leading property companies have joined forces. With a joint heritage of over 500 years we combine a wealth of experience, knowledge and integrity as well as the highest level of commitment to help you successfully let, sell or buy your new home. Jones Lang LaSalle and King Sturge – Better Together

All Awards 2010/11


020 8858 9986 joneslanglasalle.co.uk

Pelton Road, Greenwich, SE10

£470,000

Vanbrugh Hill, Greenwich, SE10

£399,950

Moseley Row, Greenwich, SE10

£575,000

Church Terrace, London, SE13

£375,000

Eaglesfield Road, SE18

£249,995

Parkside, Vanbrugh Hill, SE3

£399,950

A stunning and very contemporary three bedroom period end terrace house in a sought after street within the East Greenwich conservation area. The accommodation comprises spacious, open plan reception room, kitchen/dining room, three bedrooms, bathroom and pretty, decked rear garden.

An outstanding three storey town house located in Greenwich Millennium Village. To the ground floor, entrance hall and studio, bedroom with kitchenette and shower room - can be self-contained. The first floor comprises master bedroom with ensuite shower room, two further bedrooms, one being a large double and family bathroom. Two secure underground parking spaces are included in the sale price.

Known as the Fire Chiefs Office comes this quirky three bedroom conversion apartment located close to transport links and a short drive to Blackheath Village. The accommodation via your own entrance door offers some 1000 sq ft all laid out on split levels.

22 College Approach, Greenwich SE10 9HY

A beautifully presented two bedroom period terrace house conveniently located in East Greenwich. The accommodation comprises entrance hall, living room, dining room, stunning kitchen, two double bedrooms, bathroom, separate WC and charming rear garden.

A spacious one bedroom conversion apartment, found on the hall floor of a beautiful 4-storey, grade II listed early Victorian semi-detached house situated in a highly desirable residential road within the Blackheath conservation area, within easy walking distance of Blackheath Village, with its mainline station and many restaurants, bars and shops.

The accommodation comprises spacious lounge newly fitted kitchen and contemporary bathroom and two double bedrooms. The Parkside development continues to be popular with city professionals as many amenities are on your doorstep. The property is presented in excellent order throughout and offers a share of freehold. An early internal inspection is essential.

Greenwichsales@eu.jll.com


West Grove, SE10 An impressive detached Victorian house located on the edge of the Heath with outstanding views to the rear. The house is presented in superb order and the accommodation comprises, to the raised hall floor, magnificent entrance hall with sweeping staircase to upper and lower floors, formal drawing room, dining room, study, gym/further reception room and cloakroom. To the ground floor is a ‘Mark Wilkinson’ kitchen, breakfast room, both of which provide access via French doors to the lovely garden, further reception room, utility room, wine cellar and cloakroom. The first and second floors comprise six bedrooms, two of which have en-suite facilities, and a family bathroom.

£2,950,000

Greenwich South Street, SE10 A spacious and beautifully presented three bedroom period terrace house in a sought after location in West Greenwich. The property has been considerably improved in recent years and the accommodation comprises entrance hall, through reception room, fabulous kitchen/dining room, three bedrooms, larger than normal bathroom and mature, 60’ rear garden.

£785,000

22 College Approach, Greenwich SE10 9HY


020 8858 9986 joneslanglasalle.co.uk

Pelton Road, SE10

£495,000

Merchants House, SE10

£429,950

Dutton Street, SE10

£775,000

15 Pipers House, SE10

£249,950

Henry Hudson Apartments, SE10

£645,000

Clipper Apartments, SE10

£395,000

A stunning and very contemporary three bedroom period end terrace house in a sought after street within the East Greenwich conservation area. The accommodation comprises spacious, open plan reception room, kitchen/dining room, three bedrooms, bathroom and pretty, decked rear garden.

A truly stunning and considerably improved three bedroom home in West Greenwich. The accommodation comprises entrance hall, cloakroom, dual aspect reception room with raised mezzanine dining room, recently replaced fully fitted kitchen, dual aspect master bedroom with en-suite shower room, two further bedrooms, family bathroom and pretty garden.

A stunning, bright and spacious three bedroom apartment located just off the historic Ballast Quay. The accommodation comprises entrance hall, cloakroom, open plan living room/kitchen master bedroom with en-suite bathroom, two further double bedrooms, family bathroom, and secure, allocated parking.

A stunning and spacious two bedroom duplex apartment. The accommodation is arranged over first and second floors and comprises entrance hall, fabulous open plan living room/kitchen with access to balcony, two bedrooms, superb bathroom and additional cloakroom. The property enjoys the benefit of secure underground parking

A spacious and beautifully presented one bedroom second floor apartment within a sought after riverside development close to the centre of Greenwich. The well planned accommodation comprises entrance hall, living room, open plan kitchen, double bedroom, bathroom, communal roof terrace.

A stunning split level apartment, located in the centre of Greenwich, and forming part of a sought after development. The accommodation comprises 17’10 reception with direct access to 18’10 south-facing balcony. In addition there is a contemporary kitchen with built in appliances, two bedrooms and bathroom.

Greenwichsales@eu.jll.com


White Cube, Algernon Road, SE13 White Cube is a bold and distinctive new development of fourteen contemporary one, two and three bedroom apartments. As well as incorporating eye catching design with state of the art kitchens, we also use cutting edge solar technology and under floor heating to create the very latest in modern apartment living. Please call 020 8104 1111/020 8852 8383 to make an appointment to view.

From £215,000 – Leasehold

Manor Park, London, SE13 This superb bright and spacious five bedroom family home positioned on this extremely popular residential road close to mainline station and within a short distance to Blackheath Village for its shops, bars and restaurants. Other features include gated off street parking to front. Properties of this calibre are extremely rare and should be viewed internally to be fully appreciated.

£849,995 – Freehold

8 Montpelier Vale, Blackheath SE3 0TA


020 8852 8383 joneslanglasalle.co.uk

Bennett Park, SE3

£249,950

Halesworth Road, SE13

£315,000

Reynolds Place, SE3

£359,950

Cranfield Road, SE4

£670,000

St Johns Park, SE3

£339,950

The Paragon, SE3

£375,000

A well-presented one bedroom apartment situated in the heart of Blackheath Village. The property forms part of an attractive bay fronted Victorian semidetached house situated close to the shops, bars and restaurants and well located for Blackheath mainline station with its fast service to the City and West-End.

This pretty two bedroom cottage should appeal to the discerning first time buyer, ideally located for local shops and amenities. The beautifully furnished accommodation offers a modern and contemporary kitchen and bathroom, two double bedrooms and a large through lounge, perfect for entertaining. To the rear comes a neat secluded garden.

Fantastic first floor, two bedroom apartment offering a well-planned layout in this popular and quiet road within walking distance of local amenities at Blackheath Royal Standard and also Blackheath Village and mainline stations.

Located on this popular residential road close to Lewisham DLR comes this bright and spacious three bedroom conversion apartment. The property also offers a contemporary kitchen and bathroom and in our opinion would suite the city professional.

Deceptively spacious and extremely versatile is the best way to describe this beautiful five bedroom, four storey Victorian terrace house located on a highly desirable location within Brockley conservation area and within close proximity to mainline stations and Brockley (zone 2) which provides excellent links to London and Canary Wharf.

This light and beautiful one bedroom apartment set on the second floor of an impressive Grade I listed Georgian terrace close to Blackheath Village and mainline station. In addition there is off street parking and several acres of landscaped gardens. Early viewing strongly recommended.

Blackheathsales@eu.jll.com


......... a refreshing change

Southend Crescent, Eltham, SE9 • Imposing Seven Bedroom Semi Detached Victorian House • Set Over Three Levels & Mature Private Rear Garden • Four Receptions & Five Bathrooms • Spacious Kitchen/Breakfast Room & Large Cellar • Large Sweeping Driveway Via Iron Gated Entrance

Price £999,500 Freehold

The Advertising Myth It would not be unreasonable to assume that as a property comes on the market, the instructed estate agent will post the property details on various property portals and wait for the enquiries to roll in. However, this approach is somewhat simplistic! We take a much more strategic and proactive approach to handling new buyer enquiries. There is a fallacy surrounding adverts in that many people think that a property sells as a direct result of the publication of its corresponding advertisement. This is simply not true in most cases.

Simon Hughes Managing Director

In fact, the overwhelming majority of buyers who enquire about a specific property do not go on to buy it, but buy something else instead. This is because only limited information can be conveyed in an advertisement, such as price, location, accommodation and condition. Yet the decision to buy is usually much more complex, and is something that cannot adequately be assimilated until the property is actually visited.

So whilst it is important to choose an agent that advertises extensively (eg, we feature our clients’ properties on a number of portals including Rightmove.co.uk, Find-a-Property, Prime Location, Zoopla and so many more), it is more important to choose an agent who knows what to do with an ad enquiry than simply putting the buyer on a mailing list! A good agent will use good ads to attract buyers, and then use their skill, training and judgement to help the buyer identify the right property – which in all probability will not turn out to be the one about which they enquired. This effective method is one of the reasons why we enjoy such an excellent ratio of new applicants to sales agreed, which is of course to our clients’ substantial advantage. Why not join them? Please feel free to call us now to arrange a confidential appraisal so that we might provide you with highly relevant strategic marketing proposal.

Albyn Road, St John’s, SE8 • Beautiful Victorian Terraced House • Three Double Bedrooms, Luxurious Bathroom & Guest WC • Impressive Fitted Kitchen/Diner • Spacious Through Lounge With French Doors Leading To Well Presented Garden • Situated Within Brookmill Conservation Area Of St Johns

Price £425,000 Freehold Greenwich / Blackheath Branch 221 Greenwich High Road Greenwich, SE10 8NB T: 020 8312 8312 E: greenwich@conranestates.co.uk

Charlton / Westcombe Park Branch 46 Charlton Church Lane Charlton, SE7 7AB T: 020 8293 0454 E: charlton@conranestates.co.uk

Elthan / Mottingham 42 Well Hall Road, Eltham, SE9 6SF T: 020 8378 5450 E: Eltham@conranestates.co.uk

Associated Park Lane Branch 121 Park Lane, Mayfair London, W1K 7AG T: 020 7409 4693 E: parklane@conranestates.co.uk

Lettings Management Dept. 221 Greenwich High Road, Greenwich, SE10 8NB T: 020 8312 8316 E: lettingsmanagement@conranestates.co.uk

Financial Services Dept. 221 Greenwich High Road, Greenwich, SE10 8NB T: 020 8312 8317 E: greenwich@conranfinancial.co.uk


www.conranestates.co.uk Vanbrugh Hill, Greenwich, SE10 • End Of Terrace Early Victorian House • Two Double Bedrooms & Two Receptions • Fitted Kitchen & Modern Bathroom Suite • Private Patio Garden & Ample Storage • Short Walk To Maze Hill Mainline Station & Riverside Pubs

Price £399,500 Freehold Blackheath Park, Blackheath, SE3 • Detached Period Family Home • Three Spacious Reception Rooms • Two Bathrooms & Guest Cloakroom • Over 3,100 Sq Ft Of Floor Space • Private Garage Extending To Rear • Situated Within The Grand Cator Estate • Five Good Size Bedrooms (One E-n-Suite) • Generous Size Handmade Bespoke Smallbone Kitchen/Diner • Many Original Features Including French Fireplaces • Sweeping Driveway Fitting Six Vehicles • Large Private Patio & South West Facing Landscaped Garden, Including 100 Year Old Wisteria Greenwich / Blackheath Branch

Price £2,650,000 Freehold

Pelton Road, Greenwich, SE10 • Victorian End Of Terrace House • Two Double Bedrooms & Modern Four Piece Bathroom Suite • Impressive Through Lounge Boasting Original Bread Baking Oven • Modern Fitted Kitchen & Private Patio Garden • Short Walk To Maze Hill Mainline Station, Riverside Pubs & The O2 Centre

Price £390,000 Freehold


AUGUST

10

Welcome note...

W

elcome to the August issue, in which attention once again turns to the London Olympics and how well placed South East residents are to benefit from the influx of eager visitors looking for rental accommodation (p.30). If you’ve not yet found your ideal home in the area, then Statford’s landmark Aurora development might be for you, offering super contemporary and affordable apartments just a stone’s throw from the action (p.64). In our Area News we see that Greenwich Park is shaping up well for hosting the forthcoming heptathlon and equestrian activities of 2012 following the spectacularly successful test run of facilities which was

held recently. Work has also begun on a cable car system which will connect the O2 arena with Royal Docks. (p.20) Further afield we’re hearing that Italy is the second-home-location du jour and take a closer look at just why on p.56 . Fervidus White is one team who can help make the move to the continent much easier and have experience in sourcing and transforming wonderful properties in Lake Como and other desirable areas (p.58). Finally, this month’s interiors trend has a watery theme of its own as we take inspiration from the coast with tones of sand and blue, natural textures and nautical accessories. Happy Hunting!


LONDON Homes&

PROPERTY Editorial Director Kate Harrison

Editor

contents

Emma Mills

Assistant Editor Gabrielle Lane

Head of Design Hiren Chandarana

Brand Consistency Laddawan Juhong

Senior Designer Dalton Butler

Designer

Ashley Lewis

Production Manager Fiona Fenwick

Production

living local 20 22 24 25 27 30

30

Area News

Out & About Expert Comment The View from Here State of the Market Olympics Special

Daniel Harris

Advertising

life style

Mij Rahman

Finance Manager Elton Hopkins

Managing Director Eren Ellwood

RUNWILD M

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16 Heron Quay, Canary Wharf London E14 4JB T: 020 7987 4320 F: 020 7005 0045 info@londonhomesandproperty.com www.londonhomesandproperty.com

Runwild Media Group cannot accept responsibility for unsolicited submissions, manuscripts and photographs. While every care is taken, prices and details are subject to change and Runwild Media Group take no responsibility for omissions or errors. We reserve the right to publish and edit any letters. All rights reserved.

LONDON HOmes&

PROPERTY SHoWCASing THe FineST HomeS in yoUr AreA

AUGUST 2011 - iSSUe 010

Covering bLACKHeATH, greenWiCH, DULWiCH & oTHer SeLeCT AreAS oF SoUTH eAST LonDon

Beachside Chic Indulge In nautIcal Style

OlympIc pOtentIal InveStment OppOrtunItIeS In the SOuth eaSt

The Trend p.48

47 48 51 52

Interiors News The Trend Designer Focus Must Have Item

live overseas 56 58

Buyers’ Guide to Italy New Italian Horizons

new homes 62 64 66

48

Property Latest Development Focus Mortgage Update

56


SO LD Boxall Road, SE21

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Dalmore Road, SE21

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Frogley Road, SE22

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East Dulwich Rd, SE22 Pellatt Road, SE22

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Cedar Close, SE13

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Rosendale Road, SE21

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Red Post Hill, SE24

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Underhill Road, SE22

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Gowlett Road, SE15

L AN ET AG & ED

Pellatt Road, SE22

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Piermont Road, SE22

York Grove, SE15

Venner Road, SE26

Mt. Adon Park, SE22

Pellatt Road, SE22

Homes of Distinction Independent Estate Agents tel 020 8693 2277 email sales@truepennys.com web www.truepennys.com 08 final.indd 2

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www.truepennys.com www.truepennys.com 020 8693 2277

Truepenny’s are an Independent estate & letting agent specialising in South East London, offering a complete property service

We understand that your property is a lucrative and long term investment that needs due care and attention to achieve the best results

Whether you are looking to sell or rent out your property, Truepenny’s offer a personal, professional service at a very competitive rate For a free market appraisal or just to discuss your property requirements, please call us on 020 8693 2277

Homes of Estate Distinction Independent Agents tel 020 8693 2277 email lettings@truepennys.com web www.truepennys.com 08 final.indd 3

7/22/2011 2:57:10 PM


Hardy Road, Blackheath, London, SE3

coming soon to the market

Blackheath 020 8858 2555

Guide Price £1,750,000

Designed by architect Stanley. G. Soper in 1935 this impressive detached family home is situated on one of Blackheath’s premier roads and set within walled gardens. The interior comprises an inviting entrance hall, three reception rooms, kitchen/breakfast room, utility room, ground floor cloakroom, first floor via grand stairway and landing, off which leads four double bedrooms, the master with en suite, plus family bathroom and separate w/c. The fully boarded loft is currently divided into two rooms with a dormer window over the garden and could easily be converted (subject to planning consent). Outside is a double garage, brick built workshop and park-like gardens. The property would require some refurbishment and updating but has been well maintained by the present owners and this is the first time in over 37 years the property has been on the market. Within access to the Blackheath mainline station, Royal Greenwich Park and local shops, this property is offered chain free.

Ashridge Crescent, Shooters Hill, SE18

Eversley Road, Charlton, London, SE7

Shooters Hill Road, Blackheath, SE3

Blackheath 020 8858 2555

Blackheath 020 8858 2555

Blackheath 020 8858 2555

Located in the heart of ‘Charlton Slopes’. 3 bedroom mid terrace Victorian House comprising 2 reception rooms, kitchen, 3 bedrooms modern bathroom plus south facing garden.

Exceptionally spacious 3 bedroom, 2 bathroom flat occupying the entire 1st floor of this double fronted Victorian Villa, communal gardens and residents parking.

£350,000

Detached 3 bedroom family home set within the ‘Laing’ Conservation Area. 2 receptions, extended kitchen/breakfast room, 3 bedrooms, bathroom, WC, sunny garden, garage and driveway.

Blackheath Branch

1 Stratheden Parade, Blackheath London, SE3 7SX Tel: 020 8858 2555

£375,000

Lee Branch

430 & 432 Lee High Road Lee, London, SE12 8RW Tel: 020 8318 2555

£379,995

New Cross Branch

256 New Cross Road New Cross, London, SE14 5PL Tel: 020 7732 7777


Longhurst Rd, Hither Green, SE13 Lee 020 8318 2555

£327,500

Leahurst Road, Hither Green, SE13 Lee 020 8318 2555

£315,000

Immaculately presented Victorian End of terrace house boasting a wealth of period features. Duel aspect lounge, dining room open to fitted kitchen, utility room, 3 bedrooms and rear garden.

Stunning Victorian House overlooking ‘Manor Park’ and backing on to the ‘River Quaggy’. Refurbished to a high standard, 2 receptions, contemporary high gloss kitchen, 2 double bedrooms and bathroom to 1st floor.

Burnt Ash Road, Lee, SE12

Finland Road, Brockley, London, SE4

Lee 020 8318 2555

£255,000

New Cross 020 7732 7777

£399,950

Outstanding split level purpose built maisonette within the heart of Lee Green with all amenities close at hand. Fully fitted kitchen, modern bathroom. Share of freehold.

Three Bedroom Victorian properties well located for all amenities such as Brockley Station. Accommodation on offer, bright reception, kitchen / diner with doors to attractive garden, 3 bedrooms and bathroom.

Jerningham Rd, New Cross, SE14,

Queens Road, Peckham, SE15

New Cross 020 7732 7777

£255,000

Within the Telegraph Hill conservation Area is this 2 bedroom split level top floor conversation flat. Fully updated and refurbished and situated close to New Cross Gate BR.

Blackheath Branch

1 Stratheden Parade, Blackheath London, SE3 7SX Tel: 020 8858 2555

Lee Branch

New Cross 020 7732 7777

£255,000

Recently refurbished 2 bedroom 2nd floor flat, designed for modern open plan living. Easy commute into Central London with Peckham Rye close to hand.

430 & 432 Lee High Road Lee, London, SE12 8RW Tel: 020 8318 2555

New Cross Branch

256 New Cross Road New Cross, London, SE14 5PL Tel: 020 7732 7777


East Dulwich Road SE22, ÂŁ1,300,000 freehold A truly wonderful example of a Victorian semi detached town house overlooking Goose Green. Rarely available as a complete house this property offers a huge amount of living space. Six bedrooms, two large receptions with marble fireplaces, two bathrooms, kitchen and beautiful mature garden. In addition the property also comprises a self contained one bedroom flat. Dulwich office | 020 8299 2722 | dulwich@winkworth.co.uk 97 Lordship Lane, SE22 8HU

winkworth.co.uk


Underhill Road SE22, £525,000 freehold Three double bedroom house with pretty South facing garden. Double reception, new kitchen diner, large family bathroom with contemporary fittings, three double bedrooms and private rear garden.

Rosenthorpe Road SE15, £499,950 freehold Large three double bedroom Victorian terrace house set on one of the quiet residential roads off of Ivydale Road. Three double bedrooms, double reception with fireplace, kitchen diner, modern bathroom and private South West facing garden.


Colwell Road SE22, £699,950 freehold Four bedroom, two bathroom Victorian house with South facing garden. Double reception room, modern kitchen diner, four double bedrooms and lawned rear garden.

Chadwick Road SE15, £479,950 freehold A newly refurbished three bedroom semi detached house. Two good double bedrooms, one single bedroom, modern kitchen diner and bathroom, double reception with fireplace and French doors to garden.

Whateley Road SE22, £499,950 freehold A very well presented end of terrace house situated in the centre of East Dulwich. Two double bedrooms, single bedroom, modern bathroom, large double reception, family kitchen diner and private South facing garden.

Ryedale Road SE22, £469,950 freehold A lovely well presented three bedroom house on this quiet residential road in East Dulwich. Two double bedrooms, one single bedroom, two receptions, modern kitchen and bathroom and a pretty garden.

Canning Cross SE5, £459,950 freehold A stunning three bedroom two bathroom recently completed mews house situated close to Denmark Hill Station and local bars and restaurants.

East Dulwich Road SE22, £449,950 s/o freehold Three bedroom garden flat in central East Dulwich. The property retains much of its character with a large extended kitchen reception to the rear leading onto a stunning private garden.

Dulwich office | 020 8299 2722 | dulwich@winkworth.co.uk 97 Lordship Lane, SE22 8HU

winkworth.co.uk


living LOCAL

Your essential guide to the local area. Choose from the best restaurants, bars and cafes; pamper yourself at luxury spas, hairdressers and beauty salons; get the latest in style at fashion boutiques; soak up the culture at local theatres; explore the city’s diverse range of museums and attractions and do your weekly shopping at exotic grocers, butchers, bakers and delis.

Horsing Around Equestrian excellence in greenwich park

Summer Fun events in the south east


living local

areanews Greenwich Park success Following a two-day test event, Greenwich Park has been hailed an excellent venue for the equestrian programme of the London 2012 Olympics. Both the organisation committee and Great Britain’s equestrian team chief, Will Connell, praised the venue as ‘outstanding’ after the Greenwich Park Eventing Invitational which took place between 4-6 July. Local school children watched excitedly as dressage, jumping and cross country competitions were undertaken at the site, in order to test the facilities and general organisational procedures which are in place ahead of the Games. Greenwich Park has been chosen as the location for both the equestrian meetings and the modern pentathlon owing to its close proximity to the Olympic Village, where the athletes will stay. However, the spectacular scenery will also serve to highlight London as a well-chosen host city with beautiful open spaces. Although there were initial concerns about the World Heritage Site being affected by the Olympic events, bodies such as The Royal Parks and Natural England have been fully involved in the plans and are confident that there will be no lasting damage to the area.

Transport latest… Work has begun on a £50m cable car project which will connect Greenwich’s 02 arena with the Excel exhibition centre in Royal Docks. The schemes 34 gondolas will be set 160 ft above the River Thames and will be able to carry 2,500 passengers per hour on the five minute journey. It is hoped that the development will be ready in time for next year’s Olympics, however, businesses and hotels in Royal Docks are likely to benefit from increased access to the area on a day to day basis. The cost of the scheme is being met initially by Transport for London.

In fact the development is likely to leave a positive legacy for the local community. The children’s playground in the park will be upgraded and several sporting initiatives are to become available to those who live nearby. The British Equestrian Federation Hoof Project has already donated £200,000 towards the construction of a riding facility at Shooter’s Hill which will allow young people to take up an activity which they may not have had previous experience of.

On Your Bike Greenwich Council is offering free four day cycling courses to local residents aged ten and above. The classes are geared towards levels one and two of the Bikeability Award and promote both safety and overall proficiency. Much of the training is undertaken on the road. The courses run on selected dates between 2-19 August. www.greenwich.gov.uk

Did you know? Mention of Blackheath is found in a manuscript of 1166 which refers to the town as ‘Blachehedfeld’. This means ‘dark coloured heath land’ and refers to the open spaces of the area.


The centre will also provide educational and training opportunities to residents for years to come. Due to the number of visitors that are likely to flock to Greenwich and surrounding areas both during and after the Olympics, South East London is already seeing the outcome of an ÂŁ80m investment in the Docklands Light Railway. Carriage provision is being increased by 55 cars and the line is to reach Woolwich.

Even more majesty The new Sammy Ofer Wing at the National Maritime Museum is now open. The new addition provides an extra 5,500 sq m of space. In addition to hosting temporary exhibitions, the area will cater for the many visitors who frequent the site, as the wing incorporates a gift shop, cafĂŠ and rooftop restaurant. Though surrounded by striking period architecture the new building has been designed in a contemporary style. It features tinted glass walls which flood the space with light and the interior includes a large open plan area.

21


living local

Out&About...

DRINK Homely yet modern decor and entertaining staff lends Zero Degrees in Blackheath a brilliant atmosphere, perfect for an evening with friends. However, the bar and restaurant is really distinguished by possession of its own microbrewery which allows it to offer a variety of fresh beers of high quality and flavour including fruit blends and continental rarities. The beer is complimented by a seasonal range of dishes including delicious mussels, stone-baked, Mediterranean-style pizza and creative salads. 29/31 Montpelier Vale, SE3 OTJ www.zerodegrees.co.uk

DANCE

SURF

ENJOY

The whole family can capture the spirit of distant shores with a high-octane Bollywood Dance class at Blackheath Halls. On 4 August Joan Pires is holding workshops for both children and adults, which will enable both groups to perform a traditional routine.

All those coveting a luxurious lifestyle have their favourite online portals and this members-only service is definitely ours. Particularly good for gorgeous interiors and travel brands, website registration entitles users to brilliant discounts on pieces which have been sourced by a dedicated and discerning team of globe-trotters. Included in the offers is everything from stunning leather luggage and handbags to contemporary sofas and rugs.

Running throughout August at Greenwich Theatre is the highly acclaimed fusion of drama and comedy that is Heavy Like the Weight of a Flame. The American show explores one man’s struggle to overcome the common tragedies of his young life and while the subject is deep and meaningful, the script is as witty as it is thought provoking. It arrives in Greenwich following its European debut at the Edinburgh Festival and demonstrates why R Ernie Silva has won awards for his performance.

23 Lee Road, SE3 9RQ www.whereisthenomad.com

www.achica.com

Crooms Hill, SE10 8ES www.whereisthenomad.com


EAT Since acquiring the Grade-II Listed manor that is Beauberry House in 2004, celebrated restaurateur Ibi Issolah has created an award-winning bar and dining room with an ultra modern interior which juxtaposes monochrome and flashes of vivid orange. Just as the house fuses classical origins with sleek décor, the food is a similarly eclectic mix of French and Asian cuisine. Guests can enjoy dishes such as black cod with sushi rice and miso, veal fillet with macaroni gratin and wild mushroom risotto. Belair Park, 1 Gallery Road, SE21 7AB www.beauberryhouse.co.uk

ESCAPE

Mark Bothwell©

Indulge the perennial school holiday with a visit to the British Museum, which continues to inspire with its range of over seven million artefacts. Most recent exhibitions include a fascinating archive documenting religious devotion and belief in medieval Europe and an interactive installation of the Australian landscape, created in partnership with Kew Gardens. The museum is free to all visitors and is open daily between 10am and 5.30pm. Great Russell Street, WC1B 3DG www.britishmuseum.org

WATCH

SAIL Greenwich Yacht Club is renowned as one of London’s best kept secrets and you don’t have to own a boat or be a skilled sailor to join. Whether your interests lie in rowing or motor cruising, joining the club is a great way to meet friends and benefit from the organisation’s legendary socials. Regular races are scheduled for both men and women and day-to-day maintenance work is completed by some of the club’s 400+ members. Meetings are held every Tuesday evening.

The Nomad is a pop-up cinema experience which screens classic films in adventurous locations across the country. This summer, the cinema partners the Royal Parks to bring movies to the masses, al fresco! The gorgeous surroundings of Greenwich Park serve as the venue for three screenings; 2001: A Space Odyssey, Wall-E and Back to the Future.

Peartree Wharf, 1 Peartree Way, SE10 0BW www.whereisthenomad.com

Greenwich Park, SE10 8QY www.whereisthenomad.com

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living local

EXPERT COMMENT Simon Hughes, managing director of Conran Estates explains that asking prices can be misleading, and are no guarantee of the same valuation on your own property

The value of ‘for sale’

W

hen considering the value of a property prior to putting it on the market, many vendors understandably look at the asking price of other properties currently on the market locally, and draw pricing conclusions based on this research. Whilst this is not an unreasonable way of determining value, there are some traps to look out for. Firstly, an important observation is that if a property is on the market, it is by definition “unsold”. An unsold property is invariably one which is overpriced. If it had been priced correctly then it would have sold, but in the event the market has rejected it and it will probably only sell if the price is reduced. So if you have a similar property and you price it at about the same level as the unsold property, then the chances are that yours will remain unsold as well. 24

We know that purchasers buy by comparison. So your property has to compare favourably when seen alongside others on the market. If your property is similar to another on the market nearby, then yours only becomes readily saleable when it is priced favourably and offers better value for money. Additionally, if you feel that your property is slightly better than a neighbouring property for sale (as you are bound to as you chose the décor and it has your own possessions in it) then surely it makes sense to quote a similar price, rather than attempting to offset the extra features with a higher price. Ultimately, correct pricing is all about seeing the world through the eyes of the buyer and making responsible and effective pricing decisions which always point to offering better value than that offered by competing properties available locally. n


living local

The view

from here...

EATING OUT GREENWICH IS THE PERFECT DESTINATION FOR THE CITY’S MANY GASTRONOMES London as a whole is renowned for its gastronomic delights, from organic juice bars to extravagant Michelinstarred restaurants. Yet Greenwich and its surrounding areas have several brilliant eateries of their own. After all, it is no surprise that Caprice Holdings, guardian of an impressive foodie stable which includes The Ivy, J Sheekey and Scott’s, chose the heart of the area as the setting for the Rivington Grill, which counts fashionable Shoreditch and Dubai as its sister properties. While Greenwich is known as a World Heritage site, owing to its tremendous historical relevance, the magnificent Old Royal Naval College is also home to The Old Brewery, a brilliant venue for dinner or drinks. Serving as a relaxed café during the day and a lively and stylish place for a meal in the evening, everything from sandwiches and cakes to modern British a la carte is available, prepared to incredibly high standards. However, where the area really comes into its own is in the domain of quaint,

street side delicatessens and freshly prepared produce. The Fishmonger in Royal Hill, SE10 ranks amongst the best of its kind and is the perfect stop for those seeking some inspiration, to be garnered from arrays of dressed crabs, jellied eels or hand-sliced smoked salmon. In the same vicinity is Cheeseboard, which champions farmhouse artisanproduced varieties alongside other tempting treats such as chutney and stuffed olives. However, proving that such delicious options don’t even have to be expensive, Cheeseboard has select wines available to compliment the fare, all of which are under £10 in price. Perhaps one of the reasons why Greenwich attracts such a fabulous range of food-related business is its reputation as the green and tranquil alternative to the city, which sets it up as the ideal leisure spot. Undoubtedly, the tourists which flock to the area also help keep restaurants busy throughout the year and make it a viable place for investment.

BOUTIQUE IN BLUE Many will now be aware that the former police section house in Catherine Grove, Greenwich is to be converted into a lavish boutique hotel. The eight story building originally served as accommodation for officers from the Metropolitan Police and has previously been awarded a prize in recognition of its architecture. Following planning consent from the local council, stylish accommodation will now be available for guests in each of the 168 rooms. The new hotel will be called ‘The Greenwich’ and follows a move to create another boutique venture at Greenwich Market. Both properties will surely capitalise on the area’s excellent tourism industry which is set to prosper further in the wake of the London 2012 Olympics. 25


River Habitat RiverHabitat.co.uk

Belgrave Ct, CANARY RIVERSIDE, E14 FANTASTIC RIVERVIEW FLAT WITH EASY CANARY WHARF WALK

Bartholomew Court, Virgina Quay, E14 SUPERB PURCHASE OPPORTUNITY WITH LARGE BALCONY

n 1,592 Sq. Ft. Beautiful Two, Double Bedroom Apartment n Stunning Floor To Ceiling Curved Windows n Juliet Balcony With Breathtaking N.W. View n Parking Space. Available Mid-December 2011

n Spacious Two Bed, Two Bath, 5th Floor, River View Flat n Panoramic Views Of River And 02 Dome n Easy Walk Into Canary Wharf n Balcony And Secure Underground Car Parking Space

£1,200,000 LEASEHOLD

£395,000 LEASEHOLD

Mauretania Building, Atlantic Wharf, E1 LOVELY TWO BEDROOM FLAT RIGHT ON THE RIVER

EATON HOUSE, CANARY RIVERSIDE, E14 A Beautiful One Double Bedroom Flat

n Two Double Bedrooms, One Bath Flat on Third Floor n Open-Plan Layout in Large Dimensioned Flat n Beautiful Direct River Thames Views. Fabulous Balcony n Easy Walk to Canary Wharf along River and Narrow Street. n Allocated Underground Car Parking Space.

n 859 Sq. Ft. with Balcony n South Facing n Double Bedroom, Good Sized Reception, Bathroom, Cloakroom n One Underground Car Parking Space n High Spec including Coil Fan Heating and Cooling System n Portered Building, 24 Hour Security

£420,000 LEASEHOLD

£480,000 LEASEHOLD

• info@RiverHabitat.co.uk • T: 020 7791 9830 • F: 020 7791 9831 • The Suite LG. 655 Commercial Road, Limehouse, London E14 7LW


living local

State of the market OLIVER BURGESS, BRANCH VALUER AT WINKWORTH ESTATE AGENTS IN EAST DULWICH COMMENTS ON THE STATE OF THE RESIDENTIAL PROPERTY MARKET

Looking to the future

T

he start of 2011 saw a vast increase in lettings applicants, largely fuelled by the initial uncertainty of the sales market, difficulty in mortgage availability and general lack of confidence of buyers. The increase in demand and shortage of stock created a letting frenzy with properties achieving up to a 20 per cent increase in rental prices from last year in some cases. Even with the sales market in East Dulwich and the surrounding area showing strength and buoyancy, the rental market is showing no signs of slowing down. In fact these next few months are the perfect time to be renting out your property. We are typically registering an average of 20 people a day, with tenants starting to search much earlier and willing to pay for the right property. We are moving into the busiest period for lettings, with a particularly high demand for one and two bed garden flats and family houses. Unlike last year, is the fact that we have seen a return of the buy-to-let investor, with more affordable properties achieving extremely good rental prices. On the flip side, a lot of mortgage lenders are requesting a minimum of 20 – 25 per cent deposits. With a higher availability of flats in the market, this is a good time to secure an investment property and maximise the increase in rental yields in the area. Rents will only continue to increase over time and those returns will only get better. n

Advice to Landlords • M arket early to achieve the best price and the right tenant. • Present the property well. Often tenants make quick judgements, so spending in the short term can ensure a better price and often a better quality of tenant. • Demand more from your agent and ensure they are up to date with current legislation. The quality of tenant and diligence of your agent will secure you a better yield on your rent and happier tenants. Winkworth, East Dulwich 020 8299 2722 www.winkworth.co.uk

27


Telephone :

lettings

estate agency

020 8299 9999

mortgages

Lancaster Avenue, SE27 This is a wonderful end of terrace family home in a great location in West Dulwich. Located opposite the excellent Rosemead Preparatory School, this 4 double bedroom house features a fully fitted kitchen, spacious reception room, a bathroom and a shower room, and 2 separate WCs. There is plenty of storage, including a walk-in cellar, and a further utility room. The location also benefits from being only a short walk to either West Dulwich or Tulse Hill stations for a quick and easy commute into central London. Belair and Brockwell Park are only a short walk away for plenty of outdoor recreation. The delights of Dulwich Village and Crystal Palace are also close by. For families looking to move into the area, the local schools are walking distance away and have very good OFSTED and ISI reports.

ÂŁ2,200 pcm

Kirkwood Road, SE15 Recently refurbished, this 3/4 double bedroom terraced house offers plenty of space for either a family or a group of professionals looking to share a house. The landlord has just redecorated with a nice neutral decor throughout. The kitchen is nicely fitted with quality appliances, and the bathroom is fully tiled. The South facing back garden has just been relaid with new turf, so you get off to a good start with a lovely green, easy to maintian garden. It is in a superb location for easy access to Nunhead, Peckham Rye, and Queens Road Peckham rail stations, and the local amenities of these up and coming neighbourhoods.

ÂŁ1,800 pcm

T:

020 8299 9999

E : dulwich@northwooduk.com A : 20 Upland Road, East Dulwich, SE22 9EF

OV E R 7 0 O F F I C E S - LO C A L LY A N D N AT I O N A L LY


OV E R 7 0 O F F I C E S - LO C A L LY A N D N AT I O N A L LY

LANDLORDS... Guaranteed rent 52 weeks a year even when the property is vacant! NO SET-UP FEE NO COMMISSION GUARANTEED CONTRACT START DATE FOR A FREE MARKET APPRAISAL OR BROCHURE, PLEASE CALL US TODAY

020 8299 9999 lettings

estate agency

mortgages


living local

Golden

opportunity The excitement is building, the clock is ticking, the tickets have been allocated. Now property owners are increasingly fascinated to know how much they can make from renting out their properties over the London 2012 Olympic period, says Joanna Doniger


F

or those living near the Olympic site, the opportunity to capitalise on their unique position is second to none. For some of the reported 250,000 people who missed out on tickets to the Olympics last month, it may also prove to be the lucrative option. Many unsuccessful applicants have decided they may as well leave London for the duration, jet off to the sun and simultaneously make some potentially significant cash from their home. Even for homeowners who have not rented out their homes before, considering a let over the Olympic period is a very enticing idea. Not only is there the chance of generating income, there is the added advantage of being out of the capital when the inevitable chaos ensues, as an expected 300,000 plus overseas visitors descend. Renting out a property during the Games can be hassle-free and very profitable if you do it right. Get it wrong and it could be a disaster which will make the summer of 2012 memorable for all the wrong reasons. There are a number of options available to those wanting to rent out their home; from dedicated Olympic accommodation websites that host available property postings and more general London rental sites, to short lets practices within estate agents and even websites like Gumtree, that offer everything from jobs to language swaps and room rentals. It is important that each potential landlord thinks carefully about their property, the audience they might want to attract, the exposure that each website or company might bring for them and, of course, what price bracket they should place their property within. When deciding which route to take, it is worth remembering that corporate rentals have the biggest budgets but usually go through trusted agents. The strong demand for accommodation will mean high prices can be sought for the right property in the right location. That is, particularly those that are close to the Olympic sites or situated near to

good transport links, such as Central, Circle and District line tube stations; although media from America and other countries will need to be able to walk or cycle home at 2am. Offering high-standard, luxury accommodation at competitive prices during the Games will help to ensure that properties are let out quickly and smoothly. The best properties in the best locations can command up to £1,500 per night for houses with four bedrooms or more. Even so, each property should be valued independently and the rental rate should be based on size, quality of interior finish and available facilities such as home technology. To get a better picture of the market, it is worth arranging to view some Olympic rentals and see what they are really like. Other points to consider are the accuracy of the details prepared. A good video of the home is a useful extra marketing tool. Another detail which needs careful consideration is insurance. Landlords should always inform their insurers and, if necessary, take out extra insurance for possible damage and cancellation. It is also important to talk to an accountant about any potential tax liability and, as with any rental, an inventory should always be documented before the tenant arrives. In a great many cases rental will be successful and trouble free but, and it is a very big ‘BUT’, some are not. There are scams, potential rental disasters and nightmare payments tangles: don’t be tempted by cash on arrival or money wires that all too often fail to materialise. Using a dedicated company to manage the let takes the headache away for landlords and leaves it in the hands of experienced experts. This option might be particularly attractive to those who are renting out their home for the first time. n Joanna Doniger is from Accommodate London and can be contacted on 020 7376 4888 or www.accommodatelondon.com

31


LSP_DPS_Left:Full Page 19/07/2011 15:25 Page 1

LSP_

Royal Arsenal

Riverside Woolwich SE18 A great place to live.

As the latest up-and-coming urban quarter and perfectly located, Royal Arsenal Riverside, Woolwich SE18, is not only a great place to live, but also an ideal investment opportunity.

Snap up a 2-bed bargain under £250K.

Warehouse conversion with river views.

If you’re looking for something nicely priced but which still has 2 double bedrooms, 2 bathrooms and parking, this lovely flat with park views could be the one. It’s well finished with luxury kitchen and bathroom and a double-height living room. £249,995

This one comes with charm and character pre-installed. Located on the top 2 floors of this imposing 1800s building, the flat looks Westwards towards the water. It has 2 double bedrooms, 2 luxury bathrooms, high ceilings and allocated parking. £294,950

3-bed penthouse with huge terrace.

Gorgeous split level warehouse conversion.

This is a top floor penthouse with a wonderful wrap-around terrace that goes 3 sides of the flat, moving from the North (looking towards the river) to the South. The apartment has high ceilings, 2 bathrooms and 3 bedrooms.

A sunny, corner apartment which gets wonderful sun streaming through its huge factory windows. It offers 2 bedrooms, 2 bathrooms, parking and is full of exposed brickwork, iron beams and arched windows.

Duplex 1-bed with parking.

Super-modern flat with 20ft ceilings.

This is a smashing flat for a first time buyer or investor. It is set over 2 levels with one full bathroom upstairs and a 2nd cloakroom downstairs. There’s a good sized double bedroom, nice lounge, smart modern kitchen and an allocated parking spot. £215,950

This one is calling out for buyers looking for a property with a difference! It has a 29ft living room with 20ft-plus ceilings. The flat looks Westwards through huge windows. It has 2 double bedrooms, a large kitchen, good bathrooms and great storage. £274,995

Royal Arsenal Riverside offers the following: Riverside setting, close to River Boat. DLR and train within easy reach. Only 23 minutes to Canary Wharf. Site of future Crossrail station.

£358,000

Beautiful warehouse conversions

£272,000 -1% stamp duty paid

and river view flats. On-site amenities including concierge, gym, deli, café, gastro pub, Tesco, dry cleaners and much more. Huge regeneration in the area. A relaxing and peaceful community.

New properties always required for sale or let. Please contact us for a free valuation.

www.LondonStoneProperties.com Email: enquiries@LondonStoneProperties.com Telephone: 020 8855 2155


LSP_DPS_Right:Full Page 19/07/2011 15:20 Page 1

London Homes of Distinction

Royal Arsenal

Riverside Woolwich SE18 A great place to live.

As the latest up-and-coming urban quarter and perfectly located, Royal Arsenal Riverside, Woolwich SE18, is not only a great place to live, but also an ideal investment opportunity.

2 bedroom, 2 bathroom river view flat. £272,500 –1% stamp duty paid

Royal Arsenal Riverside offers the following: Riverside setting, close to River Boat.

‘We really like this flat – let us tempt you to come and see it!’ Part of the award-winning Royal Arsenal Riverside development, this property is a great buy. It looks Westwards, over the piazza, towards the river, giving lovely views from all the principal rooms. It has 2 double bedrooms, 2 bathrooms, plenty of storage, large living room, modern kitchen, allocated parking and a private balcony.

DLR and train within easy reach. Only 23 minutes to Canary Wharf. Site of future Crossrail station. Beautiful warehouse conversions and river view flats. On-site amenities including concierge, gym, deli, café, gastro pub, Tesco,

The Royal Arsenal is a beautiful, gated, peaceful development dating from 1761, set in wide open spaces by the river. This former munitions manufacture and military warehousing site has been beautifully landscaped and transformed into a vibrant living village, full of luxury modern properties and converted warehouses. Only minutes from the DLR, Train Station, River Boat and future Cross Rail site, it’s a really friendly community with some of the best connections in London.

dry cleaners and much more. Huge regeneration in the area. A relaxing and peaceful community.

New properties always required for sale or let. Please contact us for a free valuation.

www.LondonStoneProperties.com Email: enquiries@LondonStoneProperties.com Telephone: 020 8855 2155


On August 15 2 new brand will b th

Our Purpose? To improve the experience of moving home and provide those who represent We are a highly experienced team of people who are committed to delivering exceptional results together with excellent customer service and we believe in treating our customers as we would want to be treated ourselves.

Anderson Rose Cardamom Building London SE1 2YR

Anderson Rose experience, please call us

Sales. +44 (0)20 3324 0188 Lettings. +44 (0)20 3324 0190 towerbridge@andersonrose.co.uk

Seeking Perfection

www.andersonrose.co.uk


2011 a l be born

h


living local

HOT PROPERTY: Down by the river

A breathtaking two bedroom apartment located in the ever popular Dunbar Wharf development is now available. Offering a wealth of space the property features a large reception room, two private terraces, river and park views, separate kitchen diner, two double bedrooms and two bathrooms. The property is immaculately presented throughout with a contemporary and very welcoming decor. It further benefits from two parking spaces, residents’

concierge and gymnasium to suit the lifestyle demands of today’s professionals. Dunbar Wharf is located on Narrow Street allowing for easy access to Canary Wharf and Westferry DLR station. In addition to its fantastic scenery, the location enables residents to enjoy great local restaurants and amenities, as well as an even more extensive variety of fashionable shops, bars and entertainment nearby.


Dunbar Wharf, London, E14 8BB ÂŁ725 per week Lourdes www.lourdes-estates.com

020 7538 9250 37


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Armitage Rd H1

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Caletock Way I1

Chilver St J1

Ashbumham Grv B7

Belot St G1

Braddyll St F1

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Christchurch Way G1

Ashbumham Pl B6

Blackheath Ave F7

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Dinsdale Rd H3

Park Vista F3

Dutton St C7

Pelton Rd F1

Earlswood St G2

Peyton Pl C6

Eastney St E2

Point Close D8

Egerton Dr A7

Point Hill C7

Enderby St F1

Prince Charles Rd I7

Feathers Pl E3

Prior St C6

Ferry St C1

Randall Pl C5

Fingal St I1

Restell Close H3

Flavel Mews G1

Roan St C4

Foyle Rd H4

Rodmere St H2

Franklin Pl A8

Romney Rd E3

General Wolfe Rd E8

Rook Way I1

Gibson St F2

Royal Hill C6

Glaisher St A3

Royal Pl D6

Glenforth St I1

Saunders Ness Rd D1

Glenister Rd I1

Shooters Hill Rd F8

Gloucester Circus D5

Sparta St B8

Greenwich F3

St Johns Park J7

Greenwich Church St C4

Straightsmouth C5

Greenwich High Rd A6

Tarves Way B5

Greenwich S St C6

Thames St B3

Guildford Gv B7

Thames St C3

Haddo St B4

The Ave E5

Hadrian St G1

Tom Smith Close F3

Halstow Rd J2

Trafalgar Gr F3

Hamilton Cres A3

Trafalgar Rd F3

Hardy Rd I4

Trenchard St F2

Heathway J6

Trinity Grv B8

Horseferry Pl B3

Tunnel Ave J1

Hoskins St F2

Tuskar St G2

Humber Rd I3

Tyler St H2

Hyde Vale D7

Tyler St H3

John Penn St B8

Ulundi Rd H4

Kemsing Rd J2

Vanbrugh Fields H5

King George St D6

Vanbrugh Hill H2

King William Walk D4

Vanbrugh Park I6

Kossuth St G1

Vanbrugh Park Rd I5

Langdale Rd B6

Vanbrugh Terr I7

Langton Way J7

W Grove D8

Lassell St F2

Webb Rd I4

Lemmon Rd G3

Wellend St C3

Lindsell St B8

Wellington Gr E7

Luton Pl D6

Westcombe Park Rd H4

Maidestone Hill C8

Westgrove Lane D7

Mays Building Mews D6

Winforton St C7

Mays Hill G4

Witworks St G1

Maze Hill F3

Wood Wharf B3

Mycenae Rd J4

Woodland Cres F3

Coleraine Rd J3

Copperas St A4

Dabin Cres B8

Nelson Rd D4

Woodland Gr G2

Collington St F2

Creek Rd B4

Dartmouth Hill C8

Nevada St D5

Woodlands Park Rd G3

Colomb St H2

Crooms Hill D5

Dartmouth Row D8

Norman Rd A5

Woodlands Park Rd H3

Combdale Rd J2

Crooms Hill E6

Denham St J1

Norway St B3

Woolwich Rd I1

Commerell St H1

Crooms Hill Gr D5

Derwent St G1

Old Woolwich Rd F2

Wyman Rd A1

Coombe I6

Crosslet Vale A8

Devonshire Dr B7

Ormiston Rd J2


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PROPERTY


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Dulwich

G Grove urne Melbo

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Rodwell Rd

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Heber Rd

Jennings Rd

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Goodrich Thompson Rd

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COPYRIGHT RUNWILD MEDIA GROUP Š All rights reserved RUNWILD MEDIA GROUP - This map may not be copied or reproduced

Lord

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Pl

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Alison Grove F8

Hambledon Pl G9

Archdale Rd H1

Hansler Rd H2

Ardbeg Rd D3 Ashbourne Grove G1

Hawarden Grove A6 Heber Rd H3

Aysgarth Rd E5

Herne Hill B2

Bassano St H2

Hillsboro Rd F2

Bawdale Rd H2 Beauval Rd G4 Beckwith Rd D3 Birkbeck Hill A9 Blackwater St G2 Boxall Rd E5 Brantwood Rd A1 Burbage Rd C5 Carlton Ave F3 Carver Rd A3 Casino Ave C1 Chesterfield Grove G1 Cokers Lane C9 College Gdns E8 College Rd E6 Cosbycote Ave A2 Court Lane F5 Court Lane Gdns G6 Croxted Rd B6 Crystal Palace Rd H4 Cyrina Rd H3 Dalkeith Rd B7 Danecroft Rd C2 Dekker Rd F4

Holmdene Ave B2 Jennings Rd H4 Kestrel Ave A2 Lairdale Close B7 Landcroft Rd H4 Landells Rd H5 Lordship Lane G3 Lovelace Rd B9 Lowden Rd A1 Lytcott Rd G2 Melbourne Grove G1 Nairne Grove D1 Norwood Rd A5 Nutfield Rd H1 Peabody Estate A6 Peabody Hill A8 Pellat Rd H3 Perifield Rd C9 Pickwick Rd E6 Playfield Cres G2 Railton Rd A3 Red Post Hill C1 Red Post Hill D3 Rodwell Rd H3

Delawyk Cres C4 Desenfans Rd F5 Dorchester Ct B1 Dorchester Dr B1 Dovercourt Rd G4

Rollscourt Ave B2 Rosendale Rd B7 Roseway D5 Ruskin Walk B3 Rycotes Mead F8

Druce Rd F5 Dulwich Common E9 Dulwich Rd A3 Dulwich Village E4 East Dulwich Grove F1 Eastlands Cres G5 Elfindale Rd C2 Elmwood Rd C3 Eynella Rd G6 Fellbridge Rd H2 Frank Dixon Way F8 Frankfurt Rd C2 Gallery Rd D8 Gilkes Cres E4 Glengarry Rd G2 Goodrich H4 Green Dale F2 Gubyon Ave A2 Guernsey Grove A6 Halfmoon Lane B3

Shardcroft Ave A2 Silvester Rd H3 Stradella Rd B4 Strawberry Rd H1 Sunray Ave D1 Tarbert Rd F1 Tell Grove G1 Thompson Rd H4 Thurlow Hill A9 Thurlow Park Rd C9 Townley Rd F3 Trossach Rd F1 Turney Rd B7 Village Way D4 Walkerscroft Mead C9 Warmington Rd C3 Whateley Rd H2 Winterbrook Rd B4 Woodquest Ave A2 Woodwarde Rd G5


Russell Blake Ltd Traditional & Contemporary

Free Consultation Available!

Bespoke Kitchens Dressers Bedrooms Walk In Wardrobes Studies & Alcoves Bookcases

020 7277 9 919

www.russellblake.co.uk


life style

Your essential guide to the lastest interiors trends and styles. Update spaces with unique and dynamic pieces from local boutiques; discover new ways to use distinctive colours, bespoke furniture and luxury fabric to refresh your home. Read designer interviews, get ideas for your garden and find out how to replicate the luxury style of the world’s most fabulous properties.

Ahoy There Nautical Style

Future Proof

Award Winning Design


ROOFING AND SOLAR EXPERTS Slate Roofs Flat Roofs Loft Conversions

Tiled Roofs Green Roofs Solar Photovoltaic

‘Family run business - Established 1986’ Go green and save money WITH SOLAR POWER Earn £1,000 p/a for 25 years - tax free Only 5% VAT on solar energy Increase the value of your home Save up to 50% on your energy bills 8% - 10% return on investment Visit our newly refurbished showroom: 338 Lordship Lane, Dulwich.

For a free no obligation quote please contact us on 020 8693 8822 or visit www.djroofing.co.uk


life style

interiorsnews Green with Envy Graham and Green have added to their cute and quirky furniture and homeware range with a selection of bold prints from Hello Geronimo. All of the pictures are handmade and embellished with textiles and beads. However, of particular note are the colourful designs which feature single buttons arranged into a variety of scenes on white backgrounds. The effect is striking and interesting and this ‘LOVE’ print is in-keeping with the interiors trend for ornamental letters and word art. £240, www.grahamandgreen.co.uk

Know Mumo

Designer Spot Leading designer and architect Louise Bradley has expanded her signature furniture collection to include many more breathtaking pieces. Louise takes inspiration from travel, fashion, literature and art and her own designs reflect the grand and contemporary style of her interior design.

Art Deco armchairs, hand-made glass pendant lights and edgy floor-length mirrors are amongst her most recent creations, with throws, cushions and other luxurious soft furnishings, on the way. www.louisebradley.co.uk

Stay in Style

The debut collection from ethical brand Mumo is now available. The company strives to be socially and environmentally conscious in all aspects of its business, and sources its fabrics responsibly from less developed parts of the world. Textiles products are also created using rare artisan techniques with the aim of opening the market to smaller producers while all fabric dyes used are bio-degradable. The range includes cushion covers created from the discarded fish skins of resaturants in Asia. www.amara.co.uk

The Lanesborough has long been considered one of London’s most elegant hotels and this reputation has been cemented with the redesign of its signature suite. The eponymous room is set over 4,000 sq ft and includes four bedrooms, five bathrooms and a stunning dining room. World-renowned designer Alberto Pinto was the man entrusted with the decor of the suite and has created an opulent space bedecked in silk drapes, rich colours and handsome antique furniture. It is available for £14,000 per night. www.lanesborough.com

47


life style

thetrend Embrace the spirit of the sea and the luxury of beachside living. Create a stylish and airy retreat using coastal colours, natural textures and nautical accessories

Soleil Mirror, £2,127 Christopher Guy www.christopherguy.co.uk

Tall Buffet Hurricane £575, Amara www.amara.co.uk

Slatted Day Bed with Cream Cushion £1,495, Lombok, www.lombok.co.uk


Great Wave wallpaper in Blue, £POA, Cole & Son www.cole-and-son.com

Parlene Globe on a Stand £100, John Lewis www.johnlewis.com

Sea Tweed Blanket, £130 The Atlantic Blanket Company www.atlanticblankets.com

Royal Albert 1930 Polka Rose Two Tier Cake Stand, £32.50 Liberty, www.liberty.co.uk

Victorian Binoculars with Tripod £122, Authentic Models www.authenticmodels.com

Ormond Vase £19.99, Zara Home www.zarahome.com

49


2wentyfour design | manage | do

020 7381 5937 info@2wentyfour.com www.2wentyfour.com

C

M

Y

CM

MY

CY

MY

K

Loft conversions kitchen & bathroom design basements refurbishments space planning extensions landscaping interior design


life style

designerfocus Marc Newson THE WORK OF MARC NEWSON IS BOTH INSPIRING AND INFLUENTIAL SAYS LANA JORDAN

O

ver the course of the past few months conversation with friends about high quality design has yielded one name above all others- Marc Newson. Billed as one of the most promising creatives of his generation, Newson holds the record for the highest price achieved at auction for work by a living designer. In 2010 his sleek silver piece called Lockhead Lounge was sold for $2.1m at Phillips de Pury in New York, the same year that he picked up a Lifetime Achievement Award at an industry event in the UK. Newson’s style is profoundly contemporary and he is renowned for challenging form and structure in new ways. However, he works across disciplines, producing everything from household objects and furniture, to yachts, commercial aircraft and architecture. Amongst these projects is the interior of Hotel Peurto America in Madrid, a quirky space consolidating slanted walls, a dramatic monochrome colour palette, eye-catching plastic shapes and vivid red back-lighting, which serves as a real testament

to the broad range of his talent. Such bold statements have caught the attention of brands such as Ford, who commissioned Newson to design a concept car in 1999 and luxe champagne brand Dom Perignon who required stylish packaging in 2008. He continues to hold the position of creative director at Quantas Airways and this involvement in the world of business, along with the huge amount of press coverage which arises from his schemes, has led Forbes magazine to declare Newson to be one of the 100 most influential people in the world today. However, Newson remains committed to the artistic status of his work and his pieces are featured in dozens of exhibitions, both in London, where he now lives, and internationally. n www.marc-newson.com

51


life style

must have item

Country Chic Especially in the summer, chic, understated furniture in pale tones work well as part of a bedroom or living area furniture scheme. This dressing chest has the kind of romantic and distressed feel you might find at a secluded second home. Its simple lines and 52

elegance are inspired by French styles of the Louis Phillipe period. n Rubens Painted Dressing Chest, ÂŁ2675, And So To Bed, www.andsotobed.co.uk



C E L E B R A T I N G

T H I R T Y

120 Wigmore Street, London, W1U 3LS 509 Uxbridge Road, Hatch End, Pinner, Middlesex HA5 4JS Telephone: 020 7486 3080 email: info@halcyon-interiors.co.uk | www.halcyon-interiors.co.uk

Y E A R S


live OVERSEAS

Escape to a second home in the sun, snow or city with our definitive guide to luxury properties across the globe. We look at beachside chic, mountain chalets, city penthouses, remote mansions, village cottages and converted palaces. Our buyers guide is the essential toolkit for buying abroad, while our property features showcase some of the most exciting developments overseas.

Idyllic Italy A BUYER’S GUIDE TO italy

Home Help Find your dream property


live overseas

buyer’s guide to...

ITALY

When buying property in a country overseas, the investment climate and associated lifestyle is of obvious importance. ANDREW HAWKINS explores why italy is becoming a leading location for new homes

I

taly has been a favourite destination for British expatriates since the late 17th century, when every wealthy young aristocrat of note embarked on a Grand Tour that included Rome, Venice and often Florence and Naples. Returning to Britain after years abroad in Italy, these travelers were inspired to create, and often extravagantly furnish, some of this country’s grandest country homes. Percy Bysshe Shelley, his wife Mary Wollstonecraft

and their circle of friends are amongst those who lived and travelled in Italy during the early 1800s, with some of Shelley’s finest poetry composed there, including ‘Ode to the West Wind’ and ‘To a Skylark’. This love affair with Italy has remained strong despite the vagaries of international economics. In the 1960s, adventurous British buyers began snapping up derelict farm properties in Tuscany from their owners who were emigrating to city centres. This number then began to surge with the


introduction of low cost flights in the 1970s. Now, according to the ISTAT (Italy’s National Institute of Statistics), the overall number of UK nationals living in Italy is 29,184, (as of December 2009), which doesn’t include seasonal residents or dual nationals counted as Italians. A rough estimate including these numbers would probably be nearer 50,000. Current demand from the UK is once again for country properties in Tuscany and neighbouring Umbria which, following renovation, sometimes entice British buyers into relocating permanently to Italy. However, many of these properties have become exceedingly desirable (as well as valuable) second homes and holiday rental properties. The slow but steady rise of property values in the Italian market has meant that the most popular areas have avoided a market decline despite the economic recession which has hit other property areas far more severely. For those looking for potential capital growth, buyers should pay close attention to areas like Abruzzo and Puglia. Both these regions are easily accessed from the UK and offer real value for money. Abruzzo, with inexpensive flights into Pescara from the UK, has a lot to offer with great beaches, skiing in the winter and easy access to Rome. Puglia, has also opened up, thanks to regular lowcost flights to Bari and Brindisi and is a sunny and scenic area in the south east of Italy. Buyers looking for property which will attract holiday lettings trade need to be aware that each Italian region has its own regulations with regard to paying guests. If you intend to rent your home, you’ll need to be fully informed of the local requirements. Getting advice from an Italian registered lawyer, preferably an English speaking one if you don’t speak Italian yourself, is well worth the expense.

HINTS AND TIPS For those seeking to acquire property in Italy, the process is simple. However, foreign laws, tax systems and culture means that it can become difficult to navigate the purchasing system at times. To avoid pitfalls, think about the following: • Assume and accept that the purchase process will not be the same as the one you are used to in the UK. Clinging to an expected process will only serve to frustrate. • Do your research and use a respected agency which demonstrates that they know the market well. Ensure they can show all relevant information concerning the property, including floor plans, site plans and relevant planning permission documentation. • Always seek independent legal advice. Italy has a vast number of laws, and buyers need to be prepared for a bureaucratic purchase process. Ensure you have a good adviser who understands a non-Italian mindset and who can deal with the many unexpected minor issues that usually arise. • Italian inheritance laws are based around strong family ties, and property tends to be passed down to multiple heirs. Take steps early on to check that all of the owners of your desirable property are willing to sell, otherwise a sale may fall through at the final stages. • Do not be tempted to agree to pay part of the purchase in cash so as to avoid taxation, away from the authority of the notary. Not only is it illegal, with unpleasant consequences, but it may well prove to be a false economy. Andrew Hawkins is head of international at Chesterton Humberts, partnered with respected Italian property experts, Great Estate Immobiliare, a principal agency in Tuscany and Umbria www.greatestate.it

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live overseas

Uncover a Hidden Gem Those seeking to create their own beautiful Italian retreat should take note of the work of property consultancy Fervidus White says Casper Grey

I

taly has long been a favourite destination for both holidays and second homes; with its amazing Renaissance architecture, diverse culture and fabulous food, it’s no wonder that hundreds of us want to escape there each year. In particular, Lake Como is one of the most uplifting and enjoyable places to visit. It oozes style and sophistication and is full of fantastic boutiques, restaurants with menus to die for and scenery that is simply breath-taking. Each year a number of discerning individuals contact Fervidus White with the hope of finding a unique property that will enable them to

enjoy the area for years to come. Steve and Karen White set up the Italian property consultancy, over ten years ago and have helped a great number of clients to source interesting and eye-catching residential opportunities. One such property is Villa Pergola, which is located in Campo Lenno. It is a beautifully restored former fishing cottage that is now the elegant home of Max and Kate Lyons. Located directly on the lake with private access from the garden to the water’s edge, the property has proved be a great investment for the couple. Yet, when the Lyons bought the property a few years ago, they would have been forgiven for walking

straight past the front door when they arrived for their initial viewing. The property had stood empty for many years and was in a condition of considerable disrepair. However, the pair had the foresight and imagination to visualise the potential that the property possessed and with the help of Steve and Karen they set about renovating the cottage to its current state as the most sought-after property on Lake Como. Owner Max, who heads up the architectural firm Lyons Sleeman Hoare, enlisted Steve to oversee the project management of the works and Fervidus White sourced builders, craftsmen and architects to assist with the renovation of Villa Pergola.


The main design idea was to open up the numerous ground floor rooms to create one very large living, dining and kitchen area, while French doors and extra windows were installed to give exceptional views over the garden and the lake. Beautiful Italian marble floor tiles were sourced directly from a Liguria quarry and laid in an irregular yet traditional pattern which, in addition to increasing the room size and number of windows, has given the once dark and uninviting house a light and tranquil feel. Upstairs the property has four double bedrooms and a large family bathroom and additional windows on this level continue to provide excellent views of the surrounding scenery.

Fervidus White can also work with owners to create lovely outdoor areas. Following the extensive works on the house, Steve worked with Max and Kate to renovate the abandoned gardens. A charming bench seat was built under a wisteria-covered pergola, which now serves as the perfect place to relax over an evening drink with family and friends. Once the property was complete, Kate set about turning the cottage into and warm and inviting home. She sourced many of the furnishings locally and now the villa has a sereneness that makes you want to stay longer whenever you visit. Fervidus White is currently embarking on another major

property restoration in Campo Lenno. Working with local investors they are assisting a team of Italian professionals with the aesthetic elements of the old Campo Lenno hotel. When completed this luxury development will comprise four charming apartments. Each will enjoy lake views, the use of a shared swimming pool, private terraces and moorings and will benefit from one of the best micro climates around the lake. It is a testament to the expertise and reputation of Fervidus White that their skills are being sought by Italians to contribute to such a bespoke development. www.ferviduswhite.com www.lsharch.co.uk

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UNIQUE HOMES, UNIQUE SERVICE, UNIQUE PEOPLE A t a i l o r e d s e r v i c e f r o m L a n g f o rd R u s s e l l f o r d i s t i n c t i ve a n d e x c l u s i ve h o m e s

DENBRIDgE ROAD, BICKLEy PARK BR1

A truly elegant residence of significant proportions and a fine example of the ‘Arts & Crafts’ architectural style of Ernest Newton. Located on the prestigious Bickley Park Estate just 0.2 miles from Chislehurst Station. Occupying a plot of three quarters of an acre with heated swimming pool and garage block with accommodation.

PRICE ON APPLICATION

MANOR WAy, BECKENHAM BR3

A fine Post-Edwardian Mansion occupying a west facing plot of approximately a third of an acre located in the heart of Beckenham opposite Kelsey Park. Five Bedrooms with three receptions plus a wonderful Kitchen/Breakfast Room and spectacular Garden Room. The Annex provides two bedroom accommodation with Office or Games Room above.

£1,875,000 F/H

UNIQUE is a Specialist Division of Langford Russell

Unique at Langford Russell Chislehurst Office 13 High Street, Chislehurst, Kent BR7 5AB Tel 020 8378 1222 Email enquiries@uniquepropertiesuk.com

Offices Also At: Beckenham & Bromley

www.uniqueproper tiesuk.com www.langfordr ussell.co.uk


newHOMES

Your essential guide to new local developments. Read up to the minute information about star apartments, good investments, yet to be launched to the market properties, and the best in innovative design, architectural excellence and chic, city style. This dedicated section covers luxury projects throughout Blackheath, Camberwell, Dulwich and other select areas of South East London.

Positive for Property

LONDON’S Booming sales market

Latest Developments gorgeous new homes


newhomes

Property Latest London’s most luxurious A stunning six bedroom penthouse in Knightsbridge, available through Sotheby’s International Reality, has been billed as the most exclusive and expensive rental prospect in the capital’s booming market. The 10,000 sq ft apartment is available for the sum of £25,000 per week and has been styled by acclaimed designer Paul Davies, who has worked with both Madonna and Elton John. The beautiful flat overlooks Hyde Park and boasts a range of luxurious features including six bathrooms, a spa treatment area, terrace and obligatory gym and cinema. Furnishing includes Zimbabwean marble floors, ceiling-mounted plasma televisions and ostrich skin headboards, for the billionaire bored of high class hotels.

Seasonal Sales The arrival of warmer weather has had a profound impact on the requirements of the capital’s discerning buyers. Fuelled with dreams of entertaining family and friends al fresco, roof terraces have become highly sought after, according to property search agents Manse and Garret. Access to any private outside space in London can often feel like an elusive luxury, but it appears that roof terraces are even more in demand than patio gardens. This is because the latter are often overlooked by neighbours and are likely to benefit from less natural light than their elevated rivals. Roof terraces also typically belong to flats which are situated on the upper floors of a building and this location is more popular with security-conscious purchasers. Manse and Garret estimate that a flat with outside space is worth 10-20 per cent more than a similar property without.


Interior Trends Dramatic open-plan living areas and swanky kitchens have long been the preoccupation of owners seeking to inject the ‘WOW’ factor into their home. However, this year, designers and interiors publications alike are spotting an increasing focus on beautiful bathrooms. The past few months have seen the launch of a variety of gorgeous suites and accessories, from wooden bath tubs hand made in Scotland and quirky rubber flooring to

glittering mosaic tiles akin to those of a Grecian palace. Extra bathrooms and en suites have always been viewed as valuable commodities, but the recent trend is for large bathroom spaces which double as a powder room or spastyle area. The effect is created by juxtaposing traditional furniture such as antique taps and cast iron sinks, with grand statements and furnishings including chandeliers and armchairs.

NEWS IN BRIEF MORE MORTGAGES London estate agency LDG are among local companies who have seen a rise in the number of buyers using mortgages to fund their house purchases. The increase, said to be by as much as 40 per cent, is being attributed to the fact that interest rates remain low. On the 7 July it was announced that the 0.5% figure would continue to stand which is proving attractive to those with large cash deposits who are able to benefit. With the London property market continuing to perform well, buyers are realising that the future capital appreciation of their home is likely to overcome the cost of borrowing.

ONLINE FOR OLYMPICS

OVERSEAS INJECTION Research from Savills has confirmed information from many of London’s prime agents, that overseas investors are continuing to keep the property market buoyant. According to estimates, the last five years have seen investment totalling £16.5bn, with £0.5bn of this sum spent on the construction of brand new homes in the city. Many of these overseas investors are from the Middle East where political unrest is undermining confidence in the property market.

Several online websites have been created with the purpose of allowing landlords and visitors to discuss rental accommodation options for the London 2012 Olympics. While local residents are fast realising the obvious financial incentive to taking on temporary tenants, visitors are keen to find more space and quietness than that which might be available in a hotel. For obvious reasons, areas such as Stratford and Greenwich are proving particularly popular. However, it is not only those locations which boast Olympic venues which are set to experience demand. London in general is sure to experience an overall boom in tourism.

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newhomes

DEVELOPMENT FOCUS Live the Legacy THE AURORA APARTMENTS IN STRATFORD ARE NOT JUST SAVVY INVESTMENTS BUT WONDERFULLY STYLISH HOMES SAYS LANA JORDAN

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rom a forgotten, semi industrial landscape, to a glamorous new West-End-in-the-EastEnd destination, Stratford’s transformation has been dramatic, thorough, and, in the grand scheme of things, pretty fast. In reflection of the area’s burgeoning status One Housing Group has just launched Aurora, a new development of apartments with a prime position on a corner of Stratford High Street. Named after the Goddess of Dawn to embody Stratford’s reinvention, the scheme consists of one, two and three bedroom apartments in a twelve-storey glossy, glassy building that hugs its landmark corner site in a graceful curve. Inside, the specification of the décor and fittings has been given paramount importance and the style is unapologetically contemporary. Kitchens are fully equipped with high quality integrated appliances, bathrooms are of a hotel standard owing to their gleaming large tiles, gorgeous suites and chrome accessories, living areas have a chic and fashionable minimalist décor and the two and three bedroom properties benefit from an en suite shower room. In fact, it is the floor to ceiling windows of the apartments which will allow residents to admire the flourishing of the surrounding area, first hand. Views stretch to the Olympic Village and The City with an ever increasing vista seen from higher floors. Aurora is going to appeal to smart young professionals who value an everything-on-a-plate lifestyle of trendy restaurants and bars, designer shopping, parks, arenasize entertainment. What’s more, convenient public transport links will make this a completely viable location for city slickers. Stratford’s travel connections are now possibly the best in London. At Stratford International Station, where the building is an attraction in itself, you can connect with London Underground, Overground, and the DLR, all of which make reaching the West End, City, Canary Wharf and Greenwich a matter of well under thirty minutes. The new high speed trains to Kent and the Eurostar at Ashford can also be boarded at Stratford, giving it true international status. Such supremacy as a new residential location is set to endure. After the Games are over, Stratford’s residents can reap the “Olympic Legacy” with some truly incredible sports and leisure venues in their midst. The 25,000


Star apartment The show apartment of Aurora embodies the development’s forward-thinking conceptualisation and broad appeal. The kitchen and living area is an openplan space which lends itself easily to entertaining and makes it appear bright and welcoming. However, the double bedrooms are simultaneously cosy and calm spaces, ideal for visiting guests. The attractive décor features a slick colour palette punctuated with black, scarlet and silver and mirrors the edgy nature of the development itself. From £299,950

capacity Olympic Stadium will be used for major sports, cultural and community events. There’s an amazing Aquatics Centre, a Hockey Centre, a Velopark and four multi-sport arenas. A boulevard links the Olympic Park to Westfield Stratford City and the Olympic Village will be converted to new homes: all of it bringing an incredible boost to Stratford. Site Sales will be launching the development from the marketing suite and stunning show apartment on the 16th July with a completion date for the development set for the end of 2011. n Prices start at £188,950 for a one bedroom apartment and £247,950 for a two bedroom apartment and £299,950 for a 3 Bedroom. The Aurora Sales and Marketing Suite is on the corner of Rick Roberts Way and the High Street, Stratford E15 2FP. www.site-sales.co.uk

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newhomes

Business as usual? RON RADWAY BRINGS US UP TO DATE WITH WHAT IS HAPPENING IN THE MORTGAGE MARKET

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’m not sure if it’s the end of the beginning, or the beginning of the end, but the worst effects of the credit crunch are starting to recede in the mortgage world. Lenders are more confident and are driven by sales targets as opposed to perceived risk, underwriting is taking on the appearance of sensibility and pragmatism and after spending the past 18 months giving lip service to 90 per cent mortgages, they are now delivering on their propositions. Indeed, 95 per cent loan to value functions are now available and, although both funds and distribution are limited, criteria are extremely tight and most applicants fail, at least it’s a start. Competition has returned to the market for the first time in over three years which is ensuring fixed rates are good value. Remortgage deals are also highly attractive, proven by the rise of both applications and acceptances over the past year. Specialist lenders who have entered the market recently have put pressure on the big boys to deliver, resulting in the relaxation of restrictive and unreasonable practices on credit scoring. It is even rumoured that mortgage indemnity guarantee insurance will return after being trialled in Scotland. Much despised by applicants a few 66

years ago, it would be widely accepted today and apparently is being considered by our current housing minister. It is a solution also advocated by those at the bottom of the food chain for the past three years, but time will tell if it is implemented. However, it isn’t all good news. Underwriting is still very much a tick box process causing difficulties for those who do not fit the template. The self-employed, the company director, commission or bonus loaded employee will face ever increasing hurdles and most likely fail. Interest only options are also almost a thing of the past, no matter how compelling or logical the reasoning is for eventual repayment. To paraphrase Neil Kinnock, don’t be old! For you will find that lenders have scaled their computers, so that it is nearly impossible for you to meet their affordability criteria. In summary then, it’s definitely getting better, but casualties are still happening. If you fall into that category, seek independent advice. You can find such in your location by visiting www.unbiased.co.uk n Ron Radway is a Mortgage Consultant with OneCall Financial Advice Centre. For further details or clarification, visit www.onecallonline.co.uk, or call 0203 174 0422


LUXURY HOLIDAY LODGES FOR SALE in the Surrey Hills

Haulfryn’s Edgeley Country Park at Farley Green offers a relaxing haven of stunning luxury lodges surrounded by 26 acres of secluded woodland. With fantastic on park leisure facilities and its close proximity to golf courses, horse riding and the popular Surrey Cycleway, Edgeley Country Park is the perfect retreat to escape from everyday life.

At Haulfryn we know how important rest, relaxation and time away from the daily stresses and strains of life is. With your own luxurious home away from home you can get up and go whenever you want and start enjoying yourself the instant you arrive.

- Luxury lodges from just £67,995 - New development for 2011 - Stunning views of the Surrey Hills - 12 month holiday season - Indoor swimming pool and fitness suite - Fully managed letting service

We cater for most budgets with prices ranging from £67,995 to £264,000.

CALL NOW FOR OUR MANAGERS SPECIALS

To book your VIP park experience or to request a brochure

Call: 08433 092395 Visit: www.edgeley-country.co.uk HAU411_Edgeley_City&CanaryWharfMag_FullPage.indd 1

20/7/11 14:03:58


T H E U LT I M AT E C O L L E C T I O N The Landmark E14 is proud to launch The Ultimate Collection – the most refined and stunning apartments within the highest point of The Landmark. The collection comprises eight high level premier Apartments and Penthouses on the 43rd and 44th floors, boasting unbeatable and rare views across the river to the City of London and Canary Wharf. Prices from £975,000 - £1,650,000 * Now available for viewing w w w. T H E L A N d M A r k - E 1 4 . C O M

For more information, please call:

020 7078 7981 *Prices correct at time of going to press


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