Property Monthly
Welcome Home See Page 9 for More Details
November 2020
Issue No. 192
Stay Connected!
NEW NEGOTIATOR We are delighted to introduce a new negotiator to our sales team, Catherine Strachan! Catherine is originally from Hereford and moved to Jersey when she was 10. She was educated at Jersey College for Girls and then went on to complete the International Baccalaureate at Hautlieu. Since leaving school, she has lived in France spending summers working on Super Yachts and winters in ski resorts. After three years in France, she went on to chase the snow to New Zealand and ended up living there for two and a half years working primarily in hospitality. After coming back to Jersey in 2016 she has fallen back in love with the island and has been in Estate Agency for just over two years. When not at work, Catherine loves to cook for friends and family, enjoys painting and getting creative and is a passionate skier during the winter months. If you’re interested in selling your property, or would like to discuss your requirements, please give Catherine a call.
CATHERINE STRACHAN Associate Negotiator 01534 707911 07797 834100 catherine@thompsonestates.com
ABOUT US Thompson Estates is a bespoke Estate Agency with an exemplary reputation. Specialising in residential property, we offer a service that is unmatched by any other local Estate Agency. Collectively our sales force has over 40 years’ experience within the property industry. Our team are driven by ‘property & people’ building long lasting relationships which are trusting and engaging.
WEB
www.thompsonestates.com
sales@thompsonestates.com
SHARE TRANSFER
TEL
£190,000
£239,000
APARTMENT
St Helier
1
0
RES 127
St Helier
1
1
0
SOLE
LAST REMAINING UNIT
SHARE TRANSFER FLYING FREEHOLD
SHARE TRANSFER
£375,000
APARTMENT
2
0
RES057
RES132
£395,000
APARTMENT
St Helier
2
3
SHARE TRANSFER
STUDIO APARTMENTS
0
01534 888855
St Helier
2
1
0
RES084
4
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
SOLE
FREEHOLD
FREEHOLD
£420,000
APARTMENT
£425,000
COTTAGE
St Helier
2
2
0
RES001
St Helier
2
1
0
RES098
SOLE
SHARE TRANSFER
SHARE TRANSFER
£439,000
APARTMENT
£475,000
APARTMENT
St Helier
2
2
1
RES029
FREEHOLD
£495,000
COTTAGE
St Helier
2
1
0
RES046
St Helier
2
2
1
RES058
WEB
www.thompsonestates.com
sales@thompsonestates.com
NEW
FREEHOLD
TEL
5
UNDER OFFER - SIMILAR PROPERTIES REQUIRED
FREEHOLD
£495,000
COTTAGE
£519,000
HOUSE
St Peter
2
01534 888855
1
1
RES094
St Helier
3
1
2
RES107
NEW & SOLE
SHARE TRANSFER
FREEHOLD
£550,000
APARTMENT
£575,000
HOUSE
Grouville
2
2
1
RES043
St Helier
4
3
0
RES034
6
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
SOLE
FREEHOLD
FREEHOLD
£595,000
HOUSE
£615,000
HOUSE
St Saviour
3
1
1
RES060
St Helier
4
4
0
RES004
UNDER OFFER - SIMILAR PROPERTIES REQUIRED
FREEHOLD
FREEHOLD
£635,000
HOUSE
£775,000
HOUSE
St Saviour
3
1
4
RES116
FREEHOLD
£795,000
HOUSE
St Helier
3
2
0
RES100
St Saviour
4
2
5
RES106
10/2020
The very high level of activity in the Jersey property market, attributable principally to the buoyant finance sector, has dampened somewhat. Not a bad thing, as it was starting to move too fast for comfort. No doubt the poor weather has had an impact, although the never-ending bad news about Covid-19, is probably equally responsible. The Best Rates... Mortgage rates have fallen again this month with an impressive 75% tracker at 0.99% now on offer, with no early repayment charge for two years. At the other end of the scale, the 90% 5-year fixed rate at 2.09% is also great value.
Pick of the Bunch
(% loan to property value/price)
60%
2 year fixed
1.14%
60%
5 year fixed
1.34%
60%
7 year fixed
1.76%
75%
2 year tracker
0.99%
85%
2 year tracker
1.39%
85%
2 year fixed
1.44%
85%
5 year fixed
1.79%
90%
2 year tracker
1.94%
90%
2 year fixed
1.94%
90%
5 year fixed
2.09%
60%
BTL 2 year fixed
1.64%
60%
BTL 5 year fixed
2.08%
www.mortgageshop.je
NEWS ON BASE RATE With the Bank of England Base Rate currently standing at 0.1%, many borrowers imagine that the only move in the future is upwards. However, official comment in recent weeks has suggested otherwise.
Where this happens, the bank does not actually make payments to the borrower, instead they reduce the capital debt that is outstanding. This can either reduce the borrower’s monthly repayments or reduce the overall mortgage term.
Negative Base Rates have never previously featured in the British economy. So, it is significant that the Bank’s Monetary Policy Committee have discussed negative Base Rate at its two most recent meetings. With Andrew Bailey (the recently appointed Governor of the Bank of England) describing negative rates as being ‘’ in the tool bag’’.
A GREAT OPPORTUNITY FOR BORROWERS An increasing number of existing borrowers are visiting our team at The Mortgage Shop to find out which lender to use, when their existing fixed or tracker rate comes up for review at the end of its term. It is so rewarding to see the delight on client’s faces when we tell them how much we could save them by moving to a new lender.
However, this does not imply that negative rates would be introduced any time soon, and it is likely that the subject will continue to be considered until the economy improves. IMPACT ON BORROWING AT A NEGATIVE RATE In some European countries where central bank rates have been below zero for several years, mortgages at sub-zero rates are not uncommon, with borrowers paying back less than they have borrowed.
info@mortgageshop.je
The service that The Mortgage Shop offers doesn’t just apply to borrowers whose rate product has come to an end, as there are also many people locked into higher interest rates discovering that, despite having to pay a penalty for early repayment, they can still show a significant saving on their monthly / overall payments.
Your home is at risk if you do not keep up with repayments on a mortgage or other loans secured on it
8
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
WANTED Family home in the East of the Island with at least 2 bedrooms. Must have parking for 2 cars and a garage. Up to £650,000
NON-QUALIFIED
£875,000
APARTMENT
Please call Matt on 07797 737773 St Helier
3
3
2
RES108
UNDER OFFER - SIMILAR PROPERTIES REQUIRED
FREEHOLD
SHARE TRANSFER
£895,000
GRANITE HOUSE
£925,000
DETACHED HOUSE
St Brelade
3
3
4
RES003
FREEHOLD
£985,000
DETACHED HOUSE
St Peter
4
3
6
RES009
Grouville
4
2
3
RES025
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
9
NEW & SOLE
FREEHOLD
£1,095,000
DETACHED HOUSE
St Helier
3
3
4
RES050
NEW
FLYING FREEHOLD
£1,250,000
APARTMENT
Corbiere
2
4
RES054
SINCE 1869 For over 150 years Jersey Mutual has been protecting Island homes. During that time Jersey has gone through many changes.
Jersey Mutual promises to continue devoting all of its energy, passion and commitment to serving its Members and the Island for the next 150 years.
®
Est Est 1869 1869
Home & Contents Insurance Specialist Call 734246 or visit www.jerseymutual.com
Jersey Mutual is regulated by the Jersey Financial Services Commission
GEN/20
2
10
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
SOLE
FREEHOLD
FREEHOLD
£1,225,000
DETACHED HOUSE
£1,295,000
DETACHED HOUSE
Green Island
4
3
4
RES044
St Helier
4
3
SOLE
SOLE
FREEHOLD
FLYING FREEHOLD
£1,300,000
GRANITE HOUSE
4
£1,350,000
APARTMENT
Grouville
4
3
4
RES112
RES111
St Aubin
2
2
2
WANTED 3 or 4 bedroom family homes in the West of the island for waiting buyers. Must have a garden, garage and parking. Up to £1,500,000 Please call Kerry on 07797 825122
RES104
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
11
SOLE
FREEHOLD
FREEHOLD
£1,350,000
DETACHED HOUSE
£1,400,000
DETACHED HOUSE
St Clement
5
3
10
RES077
St Peter
4
SOLE
SOLE
SHARE TRANSFER
FREEHOLD
PENTHOUSE APARTMENT
£1,450,000
3
4
£1,450,000
DETACHED HOUSE
St Helier
2
2
2
RES049
RES065
Rural St Helier
5
3
10
• Windows • Gutters • Carpets • Upholstery • Office & House Cleaning • • Power Washing • General Cleaning Services • • Fully Insured - Free Quotations • M.: 07797 764180 T.: 01534 789965 E.: ultimatecleaning@myself.com
RES030
12
WEB
www.thompsonestates.com
FREEHOLD
sales@thompsonestates.com
£1,495,000
£1,550,000
DETACHED HOUSE
St Helier
St Peter
3
6
RES099
FREEHOLD
4
3
10
£1,975,000
DUPLEX GARDEN APARTMENTS
St Lawrence
2
10
RES056
FREEHOLD
£2,250,000
HOUSE
St Brelade
4
RES074
SHARE TRANSFER
PERIOD RESIDENCE
8
01534 888855
FREEHOLD
GRANITE HOUSE
3
TEL
3
10
RES051
£1,995,000 St Lawrence
3
3
2
RES078
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
13
SOLE
FREEHOLD
FREEHOLD
£2,250,000
PERIOD RESIDENCE
£2,650,000
DETACHED HOUSE
St Martin
4
3
8
RES013
FREEHOLD
Trinity
5
5
6
FREEHOLD
£2,750,000
EQUINE ESTATE
£2,750,000
GRANITE HOUSE
St Peter
7
5
15
RES076
SHARE TRANSFER PENTHOUSE APARTMENT
£2,950,000 St Lawrence
3
RES091
3
5
RES097
St Aubin
4
3
5
RES017
14
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
FREEHOLD NEW DEVELOPMENT
from £2,895,000 Gorey
3
3
3
RES161
FREEHOLD
£2,950,000
BARN CONVERSION
St Saviour
6
5
12
RES218
FREEHOLD
FREEHOLD
£2,995,000
GRANITE HOUSE
£3,250,000
FARMHOUSE
St Brelade
8
5
20
RES026
St Peter
5
6
20
RES045
WEB
www.thompsonestates.com
sales@thompsonestates.com
TEL
01534 888855
15
SOLE
FREEHOLD
FREEHOLD
£3,350,000
GRANITE RESIDENCE
£3,495,000
COUNTRY ESTATE
St John
7
6
10
RES020
FREEHOLD
Rural St Helier
4
3
30
FREEHOLD
£3,500,000
RENOVATED FARMHOUSE
£3,500,000
PERIOD RESIDENCE
St Lawrence
5
4
13
RES196
FREEHOLD GRANITE RESIDENCE
£3,500,000 St Martin
6
RES055
5
10
RES008
St Mary
5
3
10
RES011
16
Lettings FULLY FURNISHED
QUALIFIED
QUALIFIED
£1,490 pm
APARTMENT
QUALIFIED
£1,950 pm
APARTMENT
St Helier
2
1
0
REN097
QUALIFIED
2
2
2
£2,800 pm
2
3
REN006
St Brelade
2
2
2
£3,200 pm
HOUSE
£3,850 pm
HOUSE
St Brelade
3
REN093
QUALIFIED
Grouville
2
REN014
QUALIFIED
HOUSE
£2,400 pm
APARTMENT
St Lawrence
3
4
REN033
St Clement
5
5
4
REN075
Studios. Apartments. Luxury Houses. Our lettings & management have got it covered.
Call Us: 01534 888855 Or Email: info@thompsonlettings.com
www.thompsonlettings.com Lettings
17
JERSEY
St Mary
Asking Price ~ £1,625,000 FC093 - SOLE
A spacious 4 bedroom family home in the peaceful parish of St Mary. The accommodation is very well proportioned, the main lounge and dining area as well as an eat-in kitchen overlook the garden and pool and a study, utility and cloakroom complete the ground floor. Upstairs are three bedroom suites, a 4th bedroom and house bathroom. The master bedroom has access to a large sun terrace overlooking the garden and surrounding countryside. To the rear of the house is a garden, heated pool, shower room and as the sun moves around the property, various alfresco spaces come into their own. To the front is a long driveway approach, lots of parking and a large garden.
St Martin
Asking Price ~ £2,900,000 FC039
This impressive 6 bedroom Georgian home is the perfect balance between old and new. The property was sympathetically modernised by the present owner and retains some beautiful features such as exposed granite walls and impressive granite fireplaces. The exceptional extension provides a real ‘wow’ factor kitchen with vaulted ceiling and top of the range appliances, a fantastic entertaining and leisure space. The main house provides 4 bedrooms, 2 being en-suite and a further house bathroom. Adjoining the kitchen is the converted barn which provides a spacious first floor open plan study area overlooking the kitchen, 2 double bedrooms and house bathroom all accessed via a separate staircase.
Asking Price ~ £2,550,000 FC058
St Peter
This contemporary 5 bedroom house is set in picturesque surroundings overlooking a wildflower meadow. The modern luxury kitchen/dining area with Miele appliances is open plan living at its best, with flexible accommodation on this spacious ground floor including a playroom/cinema, cloakroom and large utility room. An impressive first floor awaits with four generous en-suite bedrooms, including the master en-suite bedroom which boasts a generous walk-in dressing area. Completing the ground floor is an integral double garage which is approached from a gated driveway. All situated within a wraparound lawned garden with provisions for a swimming pool.
St Brelade
Asking Price ~ £4,250,000 FC094
The current owners have completely redeveloped and modernised this 3 bedroom property, providing a contemporary home filled with an abundance of natural light. The spacious living room and modern full equipped kitchen have full-length bi-folding doors that maximise the panoramic sea views over Quaisne Bay. The generous principal bedroom suite includes a substantial dressing room, with two additional bedrooms enjoying access to the house bathroom. There is also the potential to create a fourth bedroom. A wine store and separate games room or gym are located at the lower level, along with an integral four car garage. Surrounding the property are great sized terraces and a low maintenance laid to lawn area.
TEL: 01534 840022
www.fineandcountryjersey.com
18
JERSEY
St Brelade
Asking Price ~ £4,500,000 - FC101 - NEW
St Brelade
Asking Price ~ £7,300,000 FC075
A triumph of architecture and interior design vision, Chalet des Arbres nestles in a secluded coastal headland overlooking the beautiful St Brelade’s Bay.The design proposals take advantage of its location whilst maximizing the stunning views and placing the primary accommodation on the upper levels of the property.The architectural language of the building has been carefully considered.
Providing over 6,000 sq.ft the property is currently laid out with 3 bedroom suites on the ground floor and the first floor providing a sensational master suite with lounge areas and private balconies. An impressive entrance area with plentiful natural light leads you through to what is possibly the finest contemporary kitchen in Jersey with striking features throughout. The property further benefits from a beautifully appointed lounge with feature log burner, butlers kitchen, utility room, gymnasium, cinema room plus galleries office/study area. Externally the manicured gardens lead to a beautifully tiled heated pool area with separate hot tub and sauna complex.
A material palette of rustic stone and timber influences the modern and striking façade, effortlessly blending the property into its hillside and coastal location. Laid out over five floors, Chalet des Arbres offers over sophisticated and luxurious accommodation, measuring 12,600 square feet. With full planning permission granted, this will be a unique and very special Island home.
St Brelade
Asking Price ~ £7,500,000 FC023 - SOLE
The Windward Estate is a magnificent coastal retreat offering a unique opportunity to acquire a newly built mansion at ‘Shell & Core’ stage, providing the purchaser with a rare opportunity to complete the interiors to their own specification and design. The accommodation measures over 14,000 sq.ft and has incredible views from both the first and second floors over St Brelade’s Bay. Arranged over 4 floors and featuring 5 bedrooms, multiple reception rooms and a substantial leisure complex, wine store, home cinema, gym & swimming pool. Above the integral triple car garage are multiple rooms that offer perfect space for a guest/staff unit or home offices.
TEL: 01534 840022
www.fineandcountryjersey.com
19
JERSEY
St Brelade
Asking Price ~ P.O.A - FC100
St Brelade
Asking Price ~ P.O.A - FC090
For a sophisticated residence with spectacular sea views, look no further than Le Val Lodge, an exquisite coastal home set within beautiful landscaped gardens. Remodelled from end-to-end in 2017 for the enjoyment of the present owner, it now offers spacious and well-designed accommodation for family living, with elevated sea views and an easy-to-use home automation technology.There are 7 bedroom suites in total, including a master suite which opens out onto its own terrace, benefitting from the impressive coastal backdrop beyond the gardens and swimming pool.The large office suite is complemented by its own kitchen, whilst the self contained 1 bedroom apartment offers everything you need for
Eden House is an outstanding mansion of approximately 16,018 sq.ft which has been primarily newly built, incorporating a central core of the original home, all being in the Arts and Crafts style. It stands in an unrivalled West facing position, enjoying uninterrupted views over St Brelade’s Bay and further out to sea.The house has been finished to an exceptional modern standard, and is faced in hand cut local Jersey granite. Standing in 3 acres of grounds, the property offers amazing privacy and has direct beach access from the bottom of its garden across Ouaisne Common. It offers both private family accommodation and four separate guest and staff units.
visiting family, guests or staff. Externally, the 2.24 acre grounds of Le Val Lodge are truly breathtaking.The south-west facing grounds comprise of a lawn which is surrounded by terraces and a formal avenue of square hornbeam shrubs, which lead to the 14-meter heated infinity pool. Between the main house and tennis court, is the pool house, Jacuzzi, and tropical garden which all overlook the terraces of citrus lemon and orange trees.
On the lower garden level there is an indoor swimming pool, sauna, steam room and a large gym/ recreation room.The property also benefits from a private sun terrace in the lower garden, garaging for 6 cars and extensive additional parking. A boat house has been permitted close to the beach access across the Common.
TEL: 01534 840022
www.fineandcountryjersey.com
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