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Apr 11-25, 2019 wharf-life.com

+ Isle Of Dogs based broker talks trust and loans Page 14

rent building to

Telford Homes CEO Jon Di-Stefano explains why his company is increasingly creating the lets of the future Property in Canary Wharf, Docklands, east London buy - rent - invest - interiors - commercial

Image by Matt Grayson – find his work at graysonphotos.co.uk or @mattgrayson_photo on Insta

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Wharf Life Apr 11-25, 2019 wharf-life.com

1.8%

The kind of rate borrowers can expect on a fixed deal for five years

Andrew Brown talks values and why the firm is Isle Of Dogs-based

T

rust and transparency are key words for Andrew Brown. Having co-founded mortgage broker and holistic financial advice firm Bennison Brown in 2017, he attributes its rapid growth – from two to 16 people over a period of 30 months – to the quality of service it offers and a central pledge to always do what’s right for its clients.

Its creation was also an opportunity for him to find a better balance in his life, working closer to his Isle Of Dogs home and playing a bigger part in his children’s lives. While that meant leaving behind a life of international travel as vice president of global operations at Lloyds Register, the firm he founded with brother-in-law and former Barclays mortage advisor Michael Bennison, has exceeded all expectations.

“We’ve created something which was far beyond what I initially thought we would do,” said Andrew. “It’s very, satisfying and we’re proud of what we’ve achieved, but we’re taking time to reflect because we’re also both very ambitious.

“I’d left a previous high profile role to get a better work-life balance. I had one child and my wife was pregnant with our second at the time, and I was keen to find a new role that gave me a better balance.

“So Bennison Brown has taken all the good bits from our previous careers and we’ve got rid of the bureaucracy so we can react to our clients very quickly and deliver an exceptional service. As long as we can do that we will continue to recruit because demand is increasing and we want to help people.

“We want to create a reputation in the marketplace so that we can be known as a trusted broker, particularly locally on the Isle Of Dogs, where you go to get advice.

“We’re determined to be one of the best brokers in the country. I think we’re close to ticking the London box now, based on the last 12 months.

“If you look at the reviews we’ve got online, we’re really driving the business forward now. We’ve got 120 five-star reviews. There are not that many organisations that have that type of reputation in our industry.

“That’s a testament to the quality of service that we supply to our customers.”

S

o how does Bennison Brown go about delivering that service to its clients?

“In its simplest form, there are three elements where we think we do really well,” said Andrew. “We’re trustworthy and we always do the right thing for the customer. We take the time to explain all the pros and cons, and different features and options available in language people can understand.

“We try to make things simple and to build a good strong relationship with the client, so they can feel confident in acting on what we advise.

“We’re extremely flexible.

We recognised very early people are very, very busy, often juggling complicated jobs with their family lives, so it is important to be available when they need us.

“There are two ways in which we’ve achieved that – first by having telephone appointments so clients don’t have to be face-toface – 85% of the customers choose to contact us that way.

“It’s also being available in the evenings and at weekends, so we have a team in the office on Saturday to give advice to people when they need it.

“The third thing we’ve done is hire high calibre people to give the right advice. We’ve invested a lot of money in our team, and we spend a lot of time training them so they are delivering to the standards myself and Michael built the business on.”

Maintaining a high street base is another key pillar of the firm’s identity.

“Having a core nucleus of people who are working together is really important,

“

We try to make things simple and to build a good, strong relationship with the client so they can feel confident on acting on what we advise Andrew Brown, Bennison Brown

so we need an office and having an identity on the Isle Of Dogs is really important for clients and potentially for some corporate partners.

“There are estate agents who might want to refer their clients to us, so we have a base where someone can come and look us in the eye and, for some clients, that’s really, really important when they’re choosing a broker.

“It also sends a very strong message that we are not going anywhere – we have a 15-year lease on this building and we will be around for many years to come.”

Bennison Brown is located 10 minutes’ walk from Island Gardens DLR, which is six minutes from Canary Wharf.

Call Bennison Brown on 020 7427 6067 for more information

Wharf Life Apr 11-25, 2019 wharf-life.com

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Property

why Michael Bennison believes the time is right to buy a property

P

expert delivering

advice

the founders of Bennison Brown on mortgages, trustworthiness and growth

ersonally I think it’s a good time to buy,” said Michael. “There are quite a few reasons why. The main thing in terms of mortgages is that interest rates are very low at the moment.

“So we’re talking a fiveyear fixed rate of about 1.8%. There’s also the ability to borrow with only small deposits.

“Again, rates are still quite low, so with a 5% deposit, you can still get interest rates at about 2.7% or 3%.

“That’s very attractive and makes it easy for first-time buyers to get on the ladder.

“There are also a lot of schemes available, a lot of help for first-time buyers at the moment.

“The main one is the HelpTo-Buy ISA. You can potentially get up to £3,000 of assistance from the Government by saving into one of these. You need to save £12,000 to get that return – investing £1,200 initially, and then £200 a month on top, up to that maximum.

“You get a 25% return and that’s available on houses costing up to £450,000.

“You don’t get the extra money unless you use it to buy a house, but you can earn interest on your deposits and add that to the ISA. The rate at the minute is 2.5% and you keep that whatever you do with the money.

“There’s also a Help-To-Buy equity scheme, which is available on new-builds up to a cost of £600,000 and is due to run until 2023.

“For properties in London you can get up to 40% from the Government – you put in 5% and the bank will lend you the other 55%.

“Again, interest rates are very low and competitive – about 1.58% currently.”

But what about Brexit uncertainty?

“There’s potential for prices to go down and for them to go up,” said Michael.

“My personal opinion is there’s a huge sector of the

25%

Potential Help-To-Buy ISA return

market right now waiting to see how things go and, when Brexit is sorted out, we’ll see a lot of people come into the market.

“It could go the other way, but I believe we will see an increase in prices over the coming years.

“It’s about understanding the risks, so if there’s a no-deal Brexit, the general commentary is that it will have a very negative impact on the housing market.

Therefore now would be a bad time to buy.

“But a deal in the next month or two will probably be very, very good for someone who has made the decision to buy now.

“I think the market will be stimulated and that should cause rises in certain postcodes.”

Even without a move, homeowners should consider remortgaging.

“They definitely should,” said Michael. “The current variable rate at the moment is between 4% and 4.5%, so you can get a significant saving.

“You might want to borrow more money because you want to do something extra – home improvements to boost your property’s value.

“It may be that you want to do some consolidation of debt – or you may want to splash out and get a new car.

“Whatever it might be, now is a fantastic time to borrow with rates being as low as they are.

“There are a lot of lenders in the market – we’ve got access to more than 100 – and there’s generally one for everyone.

“If you’ve got unusual circumstances – that may be poor credit, something unique about the property, a complex income – you might find that you’re paying a little bit more.

“But it’s still very competitive. There are a lot of up-and-coming banks that want to gain market share and to entice borrowers.

“The important thing is to take some advice on the whole process.”

Go to bennisonbrown mortgages.co.uk for more

Image by Matt Grayson – find his work at graysonphotos.co.uk or @mattgrayson_photo on Insta

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2011

Year Jon was appointed CEO at Telford Homes Having been with Telford Homes since 2002, Jon is leading the company increasingly towards lower risk build-to-rent schemes

forthcoming

developments Image by Matt Grayson – find his work at graysonphotos.co.uk or @mattgrayson_photo on Insta

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Property

By Jon Massey

R

isk is a topic that looms large in the mouth of Jon Di-Stefano.

The Telford Homes CEO is currently overseeing a shift in emphasis for the developer, which will see build-to-rent become an increasingly important part of its activities. Having struck up investment partnerships with both M&G and Invesco to boost its rental pipeline, Telford is clearly keen to be at the forefront of an expanding market in the UK. For Jon, however, turning in this direction is more the logical outcome of how the business has always conducted itself – that same path that allowed it to ride out the credit crunch without ever slipping into loss, one that has seen it continue to grow safely.

“I joined Telford Homes in 2002 – before that I’d been an auditor with Mothercare for a year,” said on. “It was ne there, but it wasn’t giving me any challenges.

“When I joined, there were probably around 2 members of staff. e were still nding our feet a little bit and we were beginning to take off and it was working well.

“I became the nancial director almost immediately and I was suddenly thrown into a world I’d never experienced before – that of being a listed company, dealing with shareholders, and brokers, and all sorts of other stuff so I had to go on a fairly steep learning curve.

“I was 28 at the time – young and with little experience of doing that. But over a number of years, we kept growing at a decent rate, doing more and more.

“We kept our focus at the time in north and east London pretty much and we de-risked everything we did.

“Our philosophy was to work with people as partners, to never let people down, make sure people trusted us, and build up a reputation, which we’ve still got today. That was absolutely the right thing to do – keeping your word, doing what you say you’re going to do.

“It attracted a lot of partnerships with housing associations and landowners, which enabled us to grow more quickly.

“We liked de-risking, so we would try and sell early wherever we could, either to buyers in the UK or to overseas investors.

Anything that de-risked the scheme was ne.

“By the time we headed into the recession in 2008-2009 we were making nearly £20million pounds pro t a year we were a sizeable business and because we’d been de-risking, we were able to weather that storm pretty well.

“So we’d done well in terms of de-risking and keeping risks in a stable place, so we could see ourselves through the recession without too much impact.

“We only lost a few people, having had to make a very limited number redundant. We never made a loss and we saw it through.”

Jon succeeded co-founder Andrew Wiseman as CEO in 2011, with the latter moving up to the role of executive chairman. True to the rm’s culture, he appointed his former deputy Katie Rogers as chief nancial officer.

why Telford Homes CEO Jon Di-Stefano is setting his company’s course firmly in the direction of build-to-rent via a pair of partners “A lot of people have been in this company for a long time,” said Jon. “We have a very low staff turnover only about 10% each year.

“We’ve always tried to promote people from within and we’ve got a sort of culture that still feels like it did when I joined – a sort of family-friendly business.

Then there were only 25 of us and now there’s 330-odd.

“You still try to hold onto that culture, so while you’ve got more practices and procedures – you have to – those individual relationships are vital.

“So after I was promoted, we set off again with Andrew still very much involved and the rest of the senior team pretty much the same as it had been for many years, which always helps you one way or another.

“We just picked up where we had left off, kept doing stuff, kept pre-selling.

We also started to grow the business in different ways, because to become bigger you had to start to think about a wider geographic base.

“We had always described ourselves as

“

The longer term excitement is about where you take it next.

If you start to build a pipeline like that, could you start to get involved in the letting and management or could you co-invest in some way?

Jon Di-Stefano, Telford Homes

a London developer, where we’d had to do a lot in north and east London.

“But over that time we began to see ourselves as more across the capital and actually fanned out into a greater sphere of influence.”

A

few years later, and with growth stable, Telford had its rst encounter with build-torent, less as a strategic change in direction and more as an alternative outcome for one of its existing schemes. It was the start of a process that led Jon to suggest the sector could eventually make up more than half of the company’s business.

“Come 2015, there had been a lot of talk about build-to-rent, and obviously it had always interested us because if you’re going to be that type of business that wants to de-risk and sell early, then you’re keen to nd different ways of doing that,” he said. “ ut it wasn’t really taking off and nothing had really happened – you could know about it but not do it.

“In 2015 we had The Pavilions in Islington held up by delays in planning and all sorts of other things, and because of that we thought if we could nd a way of doing it differently, maybe we could nd a way of offsetting the delayed cash requirements and maybe bring the pro t recognition forward.

“So it was initially for those reasons, but basically we got way more demand than we thought we were going to get and a better outcome.”

The Caledonian Road development was sold to housing association L&Q in 2016 and was completed in August 2018.

Jon said: “Not only did it work but they were forward-funding the whole thing – we found actually we had no debt in it at all and while the margins were way lower than we would make on sale, you could understand why.

“And they were not that much lower when you took into account saving on your equity. So we decided we could make this work, we should be doing it more often.”

Further schemes have followed, notably with M&G at Carmen Street in Poplar, Notting Hill Genesis at New Garden Quarter in Stratford and Greystar in Nine Elms – the latter for nearly 900 homes.

And while Jon is adamant Telford will always continue to develop homes for private open sale, the company’s current direction is driven both by nancial responsibility and a desire to reflect the changing residential marketplace.

“So we thought: ‘What’s the best way forward here?’,” said Jon.“We decided we’d like some partnerships where we could deliver a pipeline for somebody’s design brief. That makes it more efficient.

“The problem at the moment is that with the forward funding transaction, we were buying the land and making

assumptions as we went. Then we were tendering to the highest bidder. They’d turn up and say: ‘This is our design brief’.

“They’re all different of course so we’d have to make tweaks. Then, for each one, we’d have to get into a very complex forward-funding contract negotiation, which took six to nine months.”

The solution was to embark on a search for an institutional partner to avoid such delays. Following 50 expressions of interest, the company eventually wound up with two.

“We managed to broker a deal where we ended up with M&G and Invesco,” said Jon. “The rationale is that they’re both already doing stuff in ondon, they’re both committed to to the capital, they’ve got money behind them and they both said they want to do more.

“It was quite important to us to get partners like that because they’ve already experienced the highs and lows.”

M&G will be Telford’s priority partner for schemes of up to 200 units while Invesco will handle developments over that gure.

“The split doesn’t work perfectly, because I’m sure that M&G would take 250 units and Invesco would take 150,” said Jon.”But I’m sure that gives us even more flexibility, because now we can say in that sweet, middle spot, if the rst one doesn’t want it, then we’d go to the second partner. They’re both very keen and the next challenge is to get those design briefs worked up, so we understand exactly what everyone is doing and can actually deliver some sites under these partnerships.

“The longer term excitement is about where you take it next. If you start to build a pipeline like that – could you start to get involved in the letting and management or could you co-invest in some way?

“Could it be that you’re not just a builder, you’re not just the person who nds a site I’m not saying that we’re going to do that, but it’s exciting to think about the opportunities that might exist there. Could you become the biggest build-to-rent developer in London? You never know. We’ve got a long way to go to get past people who build 4,000 units in Wembley or wherever, but, actually in terms of the number of sites, you could become a big operator with the investors behind you.”

And that could be key should the UK follow in the USA’s footsteps where 37% of houses constructed are for the build-torent market.

Jon said: “It might take a little while to completely take off as a new sector, but it is taking off. People leaving university now want more. They might not need dog-walking parlours like they have at developments in the States, but the basics of the model still work over here.

“They’re building in cities and that’s exactly what we’re doing in London.

There’s a sense of community about buildto-rent, there will be events on, things like that. There’s that option there, even if you never use it. It’s a bit like some of the amenities. You might not use them but the attraction of knowing they’re there is quite a big deal for people.”

For more information about Telford Homes’ developments go to telfordhomes.london

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contact Chase Evans on 020 7515 1000 or email canarywharf@chaseevans.co.uk for more about this property or similar homes on the agency’s books

By Jon Massey

D The apartment is located along West India South Dock

featured property

No 1 West India Quay, E14 £750pm + fees This two-bedroom, two bathroom apartment on the 22nd floor of the iconic, curved tower on West India Quay, overlooks Canary Wharf and Crossrail Place.

The property features an expansive, open-plan living room with floor-toceiling glazing affording dual aspect views of the dramatic cityscape.

It comes with air-conditioning, comfort cooling, parking and a 24-hour concierge service.

Located within easy walking distance both of Canary Wharf and its various

The property offers open-plan living stations as well as West India Quay DLR, the property is ideal for those working locally or looking to commute into the City, over to Royal Docks or down to Greenwich.

Go to chaseevans.co.uk

Located on West India Quay, the building has been used for several feature films

eveloper Berkeley Homes has released its nal collection of rade II listed refurbished apartments at its oyal Arsenal iverside scheme in oolwich. A blend of new-build and structures with historic elements, 1 properties at The Officers’ House have gone on sale with studios, one-beds, twobeds and three-beds all available.

Originally constructed in 1 40 for house officers at oolwich’s oyal ilitary Academy, the building now overlooks a bustling square in the heart of the development.

Outside, architects have chosen a traditional brick facade with sash windows in a bid to maintain the building’s connection to its 2 0-year history.

Inside, apartments feature openplan kitchen, living and dining areas and ample storage. itchens boast composite stone

properties in an historic Woolwich building by Berkeley Homes hit the market, but be quick

Wharf Life Apr 11-25, 2019 wharf-life.com

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Property

worktops and individual layouts, while shower rooms feature walk-in showers, heated towel rails and ceramic-tiled floors.

Several of the apartments offer a balcony or terrace overlooking the development’s central piazza or Dial Arch Square.

Berkeley Homes (East Thames) sales director Lyndon Nunn said: “From day one we’ve aimed to create a striking connection between the contemporary buildings and heritage restorations at Royal Arsenal Riverside – one that is sensitive to the history of the site and its existing structures.

“The Officers’ House is the culmination of years of expertise and is a truly unique building with a history.

“Our heritage apartments have always been very popular so interested buyers should act fast – as the last restored homes available at Royal Arsenal Riverside, we don’t expect them to be around for long.”

Amenities already open at the development and adjacent to The

“

Buyers should act fast – as the last restored homes available at Royal Arsenal Riverside we don’t expect them to be around for long Lyndon Nunn, Berkeley Homes

Officers’ House include The Dial Arch and Guard House pubs, Boulangerie Jade and a branch of Tesco.

Residents in the block will also have access to The Waterside Club – one of the biggest residential leisure facilities in London designed to promote wellness and health. It boasts a 20m swimming pool, vitality pool, gym, and sauna, steam and treatment rooms.

Royal Arsenal Riverside will also be home to the Royal Borough Of Greenwich’s new £31million Creative District, which will

eventually be home to a variety of tenants including black and minority ethnic orchestra Chineke, Protein Dance and immersive theatre company Punchdrunk.

A new theatre, performance spaces and art studios are all in the pipeline for an area that will rival the South Bank for size and ambition.

When Crossrail services start running, residents will be able to make use of Royal Arsenal station located opposite The Officers’ House.

Until then, Woolwich remains well connected via the DLR and National Rail services as well as the development’s pier for access to the Thames Clippers.

Prices at The Officers’ House start at £410,000 for a studio apartment. All remaining homes in the block are available using London Help To Buy, meaning buyers need only a 5% deposit to secure a home.

For more information go to royalarsenalriverside.co.uk or call 020 8108 7155

Left and far left, typical interior at The Officers’ House in Woolwich

The building, part of which dates from 1740, was originally built for house officers at Woolwich’s Royal Military Academy

salute

homes to

15

Number of apartments released to the market at The Officers’ House

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Wharf Life Apr 11-25, 2019 wharf-life.com

Caspian Wharf, E3 A fantastic two-bedroom, two-bathroom apartment with wood-decked balcony facing front courtyard gardens. Includes under-floor heating, audio entry, secure bike unit and concierge. Close to Bow. £1,650 pcm

Aqua Vista Square, E3 This one-bedroom apartment is situated on the fifth floor overlooking the Limehouse Cut. Development features include bicycle storage, communal gardens/roof terrace and concierge. £1,400 pcm

Rosegate House, E3 Modern two-bedroom apartment in a gated scheme comprising two double bedrooms, a huge open-plan reception/kitchen room, two bathrooms (one en suite), and an allocated parking space. £1,600 pcm

Ocean Wharf, E14 This spacious two double bedroom un/furnished apartment on the fourth floor has wooden floors, a fully fitted kitchen, master bedroom with en suite bathroom and large balcony with direct river views. £1,890 pcm

Tufton Street, SW1P This two-bedroom, two-bathroom apartment is situated in the heart of Westminster and benefits from a well equipped fitted kitchen, oak strip wood flooring, comfort cooling and underfloor heating. £3,650 pcm

Aqua Vista Square, E3 A contemporary one-bedroom apartment on the fifth floor of this modern development overlooking the Limehouse Cut. Located in Bow, minutes from Canary Wharf it’s also within easy reach of the City. £330,000 LH

Meridian Place, E14 A two double bedroom, two-bathroom apartment on the fourth floor with porter facilities and secure parking. Also has views of the Dock and Canary Wharf, close to South Quay DLR. £600,000 LH

41 Millharbour, E14 A two-bedroom apartment on the ninth floor of a building in the heart of the Docklands.

Fully fitted kitchen with all appliances, balcony, lifts and a concierge service. The property is five minutes from South Quay DLR and local amenities. £1,685 pcm

Manchester Road, E14 A top floor two-bedroom unfurnished apartment.

Good size reception room, fitted kitchen with appliances, laminate flooring to reception room, entry phone system and allocated parking. £1,350 pcm

Wharf Life Apr 11-25, 2019 wharf-life.com

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A collection of stylish 1, 2 & 3 bedroom riverside apartments Now Selling from £487,500 * Register your interest at thamesstreet.co.uk or call 0333 0033 770 Photography depicts show home interior at Thames Street. *Pricing correct at time of going to print.

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A SEL EC T DE V ELOPMEN T OF

1, 2 & 3 BEDROOM APARTMENTS & DUPLEXES AV N A OW IL A BL E

BOOK YOUR VIEWING OF OUR STUNNING SHOW APARTMENT

1 bedroom from £120,750*

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Situated in the heart of a rejuvenated Royal Docks just minutes from West Silvertown DLR, the Refinery is not only perfectly placed and perfectly connected, it’s perfectly you.

AVA I L A B L E T H R O U G H S H A R E D O W N E R S H I P *

Deposits from as little as £6,100**

Knights Road, Silvertown E16 2AT t: 0300 555 2171 w: shosales.co.uk/therefinery #SHOTheRefinery Prices and details correct at time of print. *Based on a 35% share of the full value with a 5% deposit (full value of 1 bedroom apartment starting from £345,000, 2 bedroom apartment from £450,000 and 3 bedroom apartment from £525,000). Computer Generated Images. **Deposits based on the 5% of the share value of the entry level price point. In accordance with Consumer Protection from Unfair Trading Regulations 2008, these details and images have been prepared with due care, however the information contained therein is intended as a preliminary guide only. Southern Home Ownership Ltd is a housing association. Industrial & Provident Societies no: 1852R Registered Office: Fleet House 59-61 Clerkenwell Road London EC1M 5LA.

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Wharf Life Apr 11-25, 2019 wharf-life.com

LONDON HELP TO BUY† NOW AVAILABLE

ACROSS THESE STUNNING PHASES

Pavilion Square from £400,000

Waterfront III from £485,000

The Officers’ House from £410,000

Wharf Life Apr 11-25, 2019 wharf-life.com

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The Waterside Club Gym

The Waterside Club Swimming Pool

The Waterside Club Cinema Room

Book your appointment to view one of our stunning Showhomes today - Call 020 3918 2436 Take advantage of this fantastic opportunity to buy with London Help to Buy† at Royal Arsenal Riverside.

On-site Crossrail forthcoming

One of the Capital’s

best connected developments

The Waterside Club Including 20m swimming pool and 24hr concierge

Enjoy stylish modern living in a superb location at this exciting riverside destination, with a forthcoming on-site Crossrail station, on-site Thames Clipper Pier, plus National Rail and DLR stations only 300m away.

ROYAL ARSENAL WOOLWICH

Beautiful homes

Creative district Set to rival in size and scale of Southbank

Shopping, cafés, bars & restaurants

CANARY WHARF 8 MINUTES*

LIVERPOOL STREET 14 MINUTES*

BOND STREET 22 MINUTES*

HEATHROW 50 MINUTES*

Sales & Marketing Suite Open 10am to 6pm (Thursdays until 8pm) Imperial Building, No. 2 Duke of Wellington Avenue, Royal Arsenal Riverside, Woolwich, London SE18 6FR

www.royalarsenalriverside.co.uk

Prices and information correct at time of going to press. Photography of The Waterside Club is indicative only. Computer generated images are indicative only. †London Help to Buy terms and condition apply. *Approximate travel times for Crossrail taken from Royal Arsenal Woolwich. Source: www.crossrail.co.uk

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Show home photography of New Garden Quarter. Price correct at time of going to press. Information correct at time of print.

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A gift of just ÂŁ5 a month...

...could help us provide hospice care at home to children like Leyana

Her family finds trips out of the house difficult due to her medical needs. Hospice at Home allows her parents to leave the house for an appointment or for grocery shopping, knowing Leyana is being well cared for.

To sign up for regular giving or to find out more go to

richardhouse.org.uk/support-us/regular-giving Richard House Trust is a registered charity (1059029) and a company limited by guarantee (3232837 - England & Wales). Its registered office is Richard House Children's Hospice, Richard House Drive, London E16 3RG

Wharf Life Apr 11-25, 2019 wharf-life.com

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Show Apartment Now Available To View Prices from £349,500 for 1 bedroom apartments A stunning new development of luxury 1 & 2 bedroom apartments in Brentwood with easy access to Canary Wharf in 40 minutes*. Completion anticipated July 2019. ◊ Concierge service

◊ Secure allocated parking available

◊ Residents’ gym

◊ Less than a minutes’ walk to Brentwood train station

◊ Communal outside space including roof terrace

B O O K YO U R A P P O I N T M E N T TO D AY 0203 960 1555 | lunagroup-stjames.co.uk Brought to you by:

Selling agents:

*Travel times are taken from tfl.gov.uk Terms and conditions apply, please visit helptobuy.gov.uk for more information.

Top internal photograph taken of show apartment at Luna St. James. CGIs are indicative only. Prices correct at time of print.

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Wharf Life Apr 11-25, 2019 wharf-life.com

Altitude Point, E1

£950,000 L/H

This spacious, three bedroom dual aspect luxury apartment is set on the 11th floor of a popular development located close to both, Aldgate East and Whitechapel stations. The internal accommodation measures approximately 861 sq. ft. and offers an open plan, fully integrated kitchen extending onto a bright, south facing living/ dining room which opens onto a private balcony. Two bedrooms, a double plus a single, are served by a full size bathroom, whilst the master bedroom has its own ensuite shower room. With concierge services and access to an onsite fitness facility.

City & Aldgate: 020 7488 2777

Perilla House, E1

£1,100 pw*

This new, luxury three bedroom apartment is set on the seventh floor of Perilla House, Goodman’s Fields, Aldgate. The semi-enclosed kitchen extends onto the living room with a balcony. The master suite has a winter garden with dual aspect views. The second bedroom is ensuite, and the third has its own balcony.

Access to fitness facilities. In a prime London location walking to the City.

City & Aldgate: 020 7247 3888

Discovery Dock, E14

£875 pw*

No1 West India Quay, E14

£750 pw*

A delightful two bedroom duplex apartment with parking and a balcony in this popular development overlooking Canary Wharf‘s South Dock. Spacious and bright living comprises an open plan kitchen/dining room, two bedrooms and two bathrooms on the lower floor. A large living room occupies the entire upper level. Concierge services, swimming pool and gym.

Overlooking the docks is this luxury two bedroom, two bathroom apartment set on the 22nd floor of the iconic glass clad tower that dominates the north edge of Canary Wharf. The expansive open-plan living room features vast swathes of floor-to-ceiling glazing affording fabulous, dual aspect views of the dramatic cityscape. With air-conditioning, parking and 24hr concierge services.

Pan Peninsula: 020 7536 7900

Canary Wharf: 020 7515 1000

Glasshouse Gardens, E20

£575,000 L/H

A modern and exceptionally bright two bedroom apartment finished to an excellent standard internally and set on the second floor of this striking development a stroll from Queen Elizabeth Olympic Park and Westfield Stratford City. The well proportioned open-plan accommodation measures approx. 710 sq. ft. and offers: an elegant living room featuring extensive glazing providing dual aspect views of London and access to a generously sized private balcony, a fully integrated kitchen, two bedrooms (master ensuite) and two bathrooms. With concierge servicess and an onsite gym.

Canary Wharf: 020 7510 1001

Canary Wharf Office

City & Aldgate Office

Docklands Office

Elephant & Castle Office

London, E14 4AW

London, E1 7PT

Road, London, E14 3QL

London SE1 6FS

Tel: 020 7515 1000

Tel: 020 7247 3888

Tel: 020 7510 8444

Tel: 020 3869 2888

canarywharf@chaseevans.co.uk

city@chaseevans.co.uk

docklands@chaseevans.co.uk

onetheelephant@chaseevans.co.uk

Horizon Building, 15 Hertsmere Road,

Chaseevans.co.uk

122 Whitechapel High Street,

St. David’s Square, 320 Westferry

*Fees apply

One The Elephant, 5 St Gabriel Walk,

Wharf Life Apr 11-25, 2019 wharf-life.com

31

Pan Peninsula, E14

£700,000 L/H

A superb two bedroom property with parking set on the 20th floor of the west tower of Pan Peninsula. Measuring approx. 802 sq. ft. the apartment boasts a large living room featuring wood floors and floor-to-ceiling glazing affording dual aspect views. This room opens out onto a private balcony which overlooks Canary Wharf. There is a well equipped semi-open plan kitchen, two double bedrooms (master ensuite) and two luxury bathrooms.

Residents have access to 24hr concierge services and extensive facilities including a gym, pool, cinema and a business suite.

Pan Peninsula: 020 7536 7901

Tempus Wharf, SE16

£650 pw*

A spacious two bedroom riverside apartment with a private balcony and parking set on the fifth floor of a modern development close to London Bridge and Bermondsey stations. The open plan kitchen/living room opens onto the balcony with magnificent river and city views. There are two ample sized bedrooms (master ensuite) and two bathrooms. Access to concierge services.

Elephant & Castle: 020 3869 2888

Upper Riverside, SE10

£390 pw*

Waterside Park, E16

£350 pw*

A brand new, one bedroom 10th floor luxury apartment in this emerging riverside neighbourhood close to North Greenwich station. The west facing living area and the bedroom suite afford spectacular panoramic views of Greenwich, the O2 Arena and Canary Wharf. With access to concierge services, a gym, swimming pool and a residents’ only club.

This wonderfully bright two bedroom apartment with a large terrace forms part of a popular riverside development with access to the Thames. The open-plan living room features a fully integrated kitchen and extends onto the south-west facing terrace. There are two sizeable bedrooms and one large bathroom. 24hr concierge and a gym. A short walk from Ponton Dock DLR station.

Greenwich: 020 8853 8979

Docklands: 020 7510 8444

Kingsbridge Court, E14

£464,995 L/H

A modern two bedroom waterside apartment with secure underground parking located in a quiet residential development on the Isle of Dogs.

Arranged on the raised ground floor, the accommodation is flooded with light and measures approx. 704 sq. ft. of internal living space.

The property comprises an open plan kitchen/ dining/ reception room featuring double glass doors to a private balcony overlooking the sailing club of Millwall Dock, master bedroom with an ensuite shower and built-in wardrobes and bedroom two serviced by a large family bathroom.

Docklands: 020 7510 8445

Greenwich Office

Pan Peninsula Office

Head Office & Property Office

London, SE10 9EJ

London, E14 9XP

London, SE1 6EE

Nine Elms

Tel: 020 8853 8979

Tel: 020 7536 7900

Tel: 020 3869 2190

Tel: 020 3869 0388

greenwich@chaseevans.co.uk

panpeninsula@chaseevans.co.uk

strata@chaseevans.co.uk

nineelms@chaseevans.co.uk

1 Crescent Arcade, 279 Creek Road,

Pan Peninsula, 1 Millharbour,

Strata Tower, 10 & 12 Walworth Road,

*Fees apply

Nine Elms Office Coming soon...

Chaseevans.co.uk

32

Wharf Life Apr 11-25, 2019 wharf-life.com

April 2019

The amazing truth about the PRS in E14 Private rented (% of Total)

Proportion of total stock

80%

60%

40%

20%

I read recently that the PRS (Private Rental Sector) in the UK has grown considerably in both size and importance over the last five years and is now worth a staggering £1.29 trillion. The PRS now makes up 18% of the housing stock in England alone and is expected to rise to more than a third by 2032.

A decade ago, buying a home was a very different experience. Post-credit crunch the landscape in E14 has changed, with many younger people unable to buy their own homes due to house price growth outpacing wages. This has made it both logical and practical for many people to rent, choosing between renting privately or using the options available from the local housing association.

20 21

20 11

20 01

0%

10 years ago, of the 23,241 households in E14, around 6,715 were owner-occupied. Today the number of households in our area has increased to 34,326, with the number of owner-occupied properties increasing to 8,542. In 2001, only 5,062 properties were rented by private tenants compared to 2011’s figure of 12,567 — an increase of 148.3 per cent.

If you are interested in purchasing your first, second or umpteenth buy-to-let, please visit our office for a friendly chat so I can give you the inside track and lowdown on being a landlord in E14 today. The market is awash with opportunities at the moment, and I'd love to work with you to find the ideal property.

Spencer Fortag spencer@lmlondon.com

The importance of the Private Rental Sector has grown considerably over the last five years, and returns remain buoyant Get a free and instant online valuation www.docklandspropertyblog.com

Wharf Life Apr 11-25, 2019 wharf-life.com

ont ly

arket

33

pdate

lat

ocklands

uarterl inde of sales ouse t e

o se

1 0

This chart has indexed the levels of transactions for ats and houses over the last eight uarters. That means it takes the actual level of sales at the start of the period and converts them to 100, and then you can see the relative changes running up to the present.

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e wanted to take a look at how overall average prices of ats and houses have changed in the last seven months. This is uite a short timeframe so there's a fair bit of volatility from month to month but the story it tells is an interesting one nonetheless.

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The proďŹ le of car ownership is a great signal of the practical needs of residents in a local market. ost households have a car, but the number owned varies enormously based on the type of area. or example, if you live in a one bedroom at in a city you're much less likely to own a car than if you live in a commuter suburb.

So rce ResiAnalytics, fďŹ ce for ational Statistics and Registry rown copyright 2018. otted lines estimates based on historical trends. or full terms of use, please visit resianalytics.com docs terms

outlined columns on charts indicate

Wharf Life Apr 11-25, 2019 wharf-life.com

where would you like your brand to be seen

delivering to Docklands

15,000 copies every fortnight

Image by Victor Huang

34

CANARY WHARF LETTINGS & SALES

Wharf Life Apr 11-25, 2019 wharf-life.com

KnightFrank.co.uk/canarywharf 020 7512 9955 canarywharflettings@knightfrank.com

Estate Agents - Developers - Solicitors - Professional Services

GIVES YOU MORE POTENTIAL BUYERS, WHICH MEANS A BETTER PRICE FOR YOU. Call Felicity J Lord Canary Wharf on 020 7987 6776 or visit fjlord.co.uk/flink to learn more.

Properties throughout Docklands, South and East London 4"-&4 t -&55*/(4 t 1301&35: ."/"(&.&/5

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be part of the Canary Wharf conversation To advertise in Live London call 07944 000 144 or email advertising@wharf-life.com

35

Call us now for a free, no obligation valuation 020 7515 0800 www.lmlondon.com REQUEST A valuation@lmlondon.com VALUATION

36

Wharf Life Apr 11-25, 2019 wharf-life.com

BRAND NAME SHOPPING Around 400 stores and designer brands on your doorstep

BUZZING NIGHTLIFE Clubs, cinemas, bars and entertainment abound

G A S T R O E AT E R I E S Stroll to 40 or more cafés & restaurants

e l y t il fes g n i liv

ST. EDWARDS COURT 10 MINS WALK FROM ROMFORD TOWN CENTRE

Step into the scene.

FROM

£230,000

C O N N E C T D IRE C T Door to door on Crossrail Romford to Liverpool Street 27 minutes

PHASE 2 NOW RELEASED! Studios and 1 & 2 bed apartments selling now with Help to Buy

Appointed Agent

SALES & MARKETING SUITE

020 3874 1045 galliardhomes.com

Official letting and managing agent

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