Property features

Rising stars of the housing market

By Charlie Jacoby, November 26, 2009

House prices in the UK will continue to rise throughout 2010 and beyond. That’s the conclusion of the Chesterton Humberts/CEBR forecast. Most reports have predicted a slight drop in 2010, but Chesterton Humberts believes prices will rise more than four per cent in London and two per cent in the rest of England and Wales.

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Beware of hidden regulations

By Charlie Jacoby, November 26, 2009

Landlords are being urged to swot up before bidding on properties with regulated tenancies. These give a tenant the right to be in a property for life, often at 50 to 70 per cent of market rent. Chris Baguley, director at Auction Finance, says a property with a regulated tenancy can still be a great investment. “You get a fixed rent and when the tenant leaves, you get normal rights of ownership. I’ve seen an investor buy properties for £20,000 less than other houses on the same street. However, the tenants were in their 50s with a rent fixed at £50 a week.

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Feel at home in Israel

By Charlie Jacoby, November 26, 2009

Buying a holiday flat or house in Israel is exciting, but turning it into a dream home takes effort. New owners need expert know-how and local guidance. That’s where Ligia Garfinkel, an architect and designer and Chagit Gaon, a home stylist, come in. This professional Israeli duo can integrate everything from planning and design, supervising workmen and accompanying the owners on shopping expeditions for furnishings, appliances and fittings.

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Auctions see more action

By Charlie Jacoby, November 19, 2009

The confidence that is returning to the general property market is spilling over into property auction rooms, too. After a slow year, auctioneers may take heart from results of the autumn auctions round.

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A classy address

By Charlie Jacoby, November 19, 2009

Estate agent Savills has published research showing that access to a good school has an important effect on local house prices. Homes in the vicinity of the top-performing 25 per cent of secondary schools now cost 16 per cent more than their county average, up from 13 per cent in 2007. Homes in areas with a combination of good state and independent schools can be worth two or three times their county average. During the recent downturn, property prices around the top 25 per cent of schools fell by just under 16 per cent, suggesting that good schools can help recession-proof a home.

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On course for luxury living at historic Hertfordshire golf-club

By Charlie Jacoby, November 12, 2009

Restoration expert PJ Livesey has built 10 spectacular apartments and two mews houses, in a private, gated setting at Hatfield & London Golf Club in Essendon, Hertfordshire. Called Essendon Park, the scheme is priced from £695,000 to £1.5 million.

Essendon Park is 28 minutes from Kings Cross, via Brookmans Park station. Each home has a bespoke interior. Kitchens feature Miele appliances and granite surfaces; bathrooms are finished with hand-made materials.

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Agent's 20th anniversary

By Charlie Jacoby, November 12, 2009

Estate agent David Harris & Co is celebrating its 20th anniversary this year. The firm, in Finchley, north London, opened on August 1, 1989.

David Harris, principal of the firm, recalls that because of the terrible economic conditions in the late ’80s, the timing could not have been worse.

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Auction 'club' début

By Charlie Jacoby, October 8, 2009

The inaugural sale of newly-launched auctioneer Network Auctions, held at Hatfield House, Hertfordshire in September, saw sales of £2.5 million from the 28 lots offered.The packed auction room — attended by more than 250 people — saw lively and competitive bidding for the properties.

“The auction results completely surpassed our expectations,” says Toby Limbrick, director of Network Auctions. “Our vendor clients were extremely happy and our estate agent members who had entered property in the sale on their clients’ behalf were also delighted with the result.”

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Bushey strikes the right note

By Charlie Jacoby, October 8, 2009

Bushey proved the ideal town-country combination for downsizing couple Michael and Karen Neidus. They had decided to move from their three-bedroom townhouse in Edgware, Middlesex into a new two-bedroom apartment, in Stanmore or Bushey.

“We chose The Collection in Bushey as our ultimate dream home,” says Mr Neidus. “It is a small development of only 13 apartments in a beautiful area on Little Bushey Lane. I’m in the music business, so central London must be accessible to me by road or rail. And now we have the added advantage of being just that little bit further out.”

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Film location for Italian homes

By Charlie Jacoby, September 3, 2009

Property development on the Mediterranean is under way again, after a short pause for recession. Next spring, Villa Isabella is to open on the island of Ischia, Italy, close to Capri and Procida.

The property is being turned into ocean-front apartments, set above the hotel and spa L’Albergo della Regina Isabella.

All seven apartments will have views of the Med and owners will have access to the facilities of the hotel.

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