Inhouse March/April 2009 Edition

GreengatesLoughton

see page 2

inhouse contents March / April 2009

1 Green Gates, Loughton

2 FEATURE HOME:

Green Gates, Loughton

3 James Lawlor Editorial

4/5 Lettings Properties

6 FEATURE HOME:

Tallis Hall, Loughton

7 Repton Park

8/9 Chigwell Office Properties

10 Attwater & Liell Solicitors

11 GeoGas

12/13 Loughton Office Properties

14 FEATURE HOME:Forest Lane, Chigwell

15 FEATURE HOME:Albion Hill, Loughton

16/17 Loughton Office Properties

18 Whiskers Solicitors

19 FEATURE HOME:

Haylands, Chigwell Village

20/21 Lettings Elite Properties

22/23 Chatworth Klein

24 Lettings

2 inhouse March/April 2009

An historically renowned family residencesituated within the sought after ‘Hills’area of Loughton.

This exceptional property offers spacious and flexibleaccommodation arranged over three floors, andaffords far reaching views from its elevated positionover Loughton and beyond to Buckhurst Hill. Wehave been instructed by the current vendor to offerthis abode as:

• An individual single dwelling with substantialgrounds or alternatively

• Separated into two lots being:

- the main residence with reduced grounds and/or

- separate plot with planning permission to constructa new dwelling.

For further information please contactGerard Houlihan, Sales & Marketing Manager,Loughton office 8502 5588.

£POANEW INSTRUCTION EXCLUSIVE AGENTS

GreengatesAlbion Hill

March/April 2009 inhouse 3

It was 20 yearsago today...

Sergeant Pepper used to say!For those of you of a certain age you will know whothat it is. For those of you that do not get it, I willswiftly move on.

It was, in fact, 20 years ago this month (March) that Lawlors Property Servicesopened their doors for the first time in Woodford Bridge.

It is an amazing twist of fate that our 20th anniversary should also be markedby practically the same news of recession, repossession and job losses. However,to look on the bright side we opened in difficult trading conditions and survivedand flourished and even in the down-turn we can see some positive things thatcan come from these difficult times.

The good news is that first time buyers will have the best chance ever of gettingon the property ladder. Of course it means that deposits must be raised, but asthe banks start lending again and competition increases a balance will be struckbetween the huge deposits that are required at the moment and the ridiculousnon-deposit arrangement that existed before.

With prices at more modest levels and interest rates at historical lows thebalance is finally swinging in favour of the first time buyer.

In the previous recession of the late 80’s/early 90’s interest rates went throughthe roof and a number of people were forced to sell. Building societies routinelyrepossessed properties swiftly as the insurance industry picked up the ‘tab’ andthere was simply no incentive for the building societies to hold back. Thiscaused a wave of repossession throughout the Country. In contrast to thepresent position there is a greater understanding of the nature of debt andthere is must more help available to buyers who find themselves in theunfortunate position of being unable to financially cope.

Of course not everybody is in a financially difficult position and there are many,many buyers who have bided their time living in rented accommodation or witha strong equity position, and they are ready now to purchase if prices are morecompetitive.

The level of available property is significantly lower than one would expect atthis time of the year, as people come to terms with the current marketconditions. We find ourselves in the unusual position of having more buyersthan sellers, and urgently need fresh stock.

We have certainly experienced serious ups and downs over thelast 20 years at Lawlors Property Services and firmly

believe that the current downturn cannotlast. As ever, life goes on. So do not put

off that move waiting for a better time,your move is what you make it andthe best time is now!

10 GOOD REASONS TO BUY A PROPERTY…NOW!By posing this question to all my staff at Lawlors Property Services we bringto you a cross section of views and attitudes from the top agency team inthe area. There is good reason to be optimistic about property values in thefuture, consider these points and decide for yourself…then give us a call.

GERARD HOULIHAN MNAEASALES & MARKETING MANAGER

1. If you are fortunate enough to have spare capital in the bank thencurrent interest rates are doing nothing for your investment. The onlyreasonable alternative way to take advantage is to invest in property,which is a tangible asset which you can see, improve, live in, rent or justinvest. Ultimately it does not disappear at the click of a mouse.

GARY ROSENBAUM MNAEAGROUP MANAGER

2. The actual cost of a mortgage is as cheap as it’s likely to get with baserate likely to go as low as .5% and there is growing evidence thatlenders are starting to lend once again. This can only improve over thefollowing months.

3. There is also the view that buying now with property prices at thelowest level for years, this will outweigh pension savings funds for along time to come.

SARAH DONOVANPA

4. There is now a greater chance to find a property in the area that youspecifically want as most vendors are now more realistic about takinga reasonable offer.

5. Also, if you have managed to find a mortgage deal that suits you youhave less competition chasing the same property.

6. There is also a much better choice of property for first-time buyers, soeventually this will ignite the market and start prices rising in sought-after locations.

CARLY MAXWELLNEGOTIATOR

7. If you buy a home that needs work carried out you are more likely tofind cheaper labour and materials now than at any other time.

8. Also, fewer people are prepared to take on work on properties, soif you have personal building skills that can be used you can maximisethe return.

9. The differential between each level of property is less than ever beforeas prices have contracted. So what may have been un-affordablebefore may now just be within reach. Bearing in mind there is likely tobe a saving on Stamp Duty if you buy under certain thresholds.

JAMES LAWLOR FNAEAPARTNER

10. Sell now and join in a new trading environment. Be realistic with yourproperty and you will establish the new value very quickly and find abuyer. Take advantage of good mortgage deals and buy effectively upor down, before everybody realises that this is as close to the bottomof the market as you can call. Now is the time to buy.

James LawlorPARTNER F.N.A.E.A


A selection of properties available to let in West Essex and the surrounding areas.

RESIDENTIALLETTINGS

Bracken Drive, Chigwell £1,250 pcm

• AVAILABLE MID MARCH

• Furnished

• Two bedrooms

Droveway, Loughton £800 pcm

• AVAILABLE EARLY APRIL

• Two Bedrooms

• Furnished

Smarts Lane, Loughton £1,200 pcm

• AVAILABLE MID MARCH

• Furnished/part furnished

• Two bedrooms

Retreat Way, Chigwell £1,400 pcm

• AVAILABLE NOW

• Three Bedrooms, Two Bathrooms

• Flexible Furnishing Options

London £1,100 pcm

• AVAILABE 20/01/09

• Two bedroom

• Two bathroom

• Underground parking

Home Farm Cottages, Chigwell £1,300 pcm

• AVAILABLE NOW

• Unfurnished

• Three double Bedrooms

High Road, Woodford Green £1,500 pcm

• AVAILABLE NOW

• Unfurnished

• Three Bedrooms

Prospect Road, Woodford Green £1,250 pcm

• AVAILABLE LATE MARCH

• 3 bedroom house

• Close to central line station

• Unfurnished

Lechmere Avenue, Chigwell £1,400 pcm

• AVAILABLE NOW

• Unfurnished

• Three Bedrooms

• Detahced


165 High Road, Loughton,Essex, IG10 4LF

t: 020 8502 3388 f: 020 8418 7814e: [email protected] w: lawlors.co.uk

Sunday Viewing: 07736 23 44 22Landlord & Tenant 24h Emergency:07950 497 054

A selection of properties available to let in West Essex and the surrounding areas.

Roding Road, Loughton £2,350 pcm

• AVAILABLE NOW UNFURNISHED FOUR BEDROOM

• Set behind security gates, close to central line station

• Excellent Decorative Order, Two Receptions

• En-Suite Bathroom to Master Bedroom

Richmond Drive, Woodford Green £1,600 pcm

• AVAILABLE 2/4 WEEKS NOTICE UNFURN / PART FURN

• 2 BEDROOM 2 BATHROOM

• Allocated Parking

• Gated development

Fiddlers Hamlet, Epping £2,750 pcm

• AVAILABLE NOW 4/5 BEDROOM

• Barn conversation

• Games room / office space

• Unfurnished

Hillcrest Road, Loughton £2,500 pcm

• AVAILABLE BEG MARCH FOUR BEDROOM FURNISHED

• En-suite to Master

• Stunning Garden, Excellent Decorative Order

• Popular Residential Road

Ivy Chimneys, Epping £2,500 pcm

• AVAILABLE NOW FURN/UNFURN FIVE BEDROOMS

• Short distance of the busy market town of Epping.

• Flexible living accommodation arranged over four floors

• Substantial off-street parking

Warren Hall Mansions, Manor Road, Loughton £3,750 pcm

• AVAILABLE NOW FULLY FURNISHED TWO BEDROOMS

• Communal Grounds with Heated Swimming Pool

• Private Garden

• Viewing Highly Recommended

Lippitts Hill, Loughton £2,850 pcm

• AVAILABLE AT SHORT NOTICE FURN/UNFURN FOUR BEDS

• Unique contemporary barn, Two en suites

• Bespoke finish

• Flexible living accommodation

Brandesbury Square, Chigwell £2,300 pcm

• AVAILABLE NOW

• Four Bedrooms

• Unfurnished

Warren Heights, Loughton £4,500 pcm

• AVAILABLE NOW

• Unfurnished or Part Furnished

• Five Bedrooms, Two En Suites

• Gated Development


Tallis HallLOUGHTON

An Impressive Five Bedroom Detached family residence,measuring approx 3,500sqft is situated within this prestigioussecure gated development of just four luxury homes.

Built in 2001 and still covered by NHBC this superb family abode offers totalseclusion and privacy for the discerning purchaser. Offered chain free andlocated within a Forest setting. Call our Loughton office on 8502 5588 for fulldetails.

£POANEW INSTRUCTION, EXCLUSIVE AGENTS


116 High Road, Chigwell,Essex, IG7 5BJ

t: 020 8281 0123 f: 020 8281 0222e: [email protected]

Sunday Viewing: 07736 23 44 22

• Four Bedroom Townhouse • En Suites to two bedrooms• Cloakroom/WC, kitchen/breakfast room • Utility room, cinema room,conservatory

Brandesbury Square £745,000

EXCLUSIVE AGENTS

• Four Double Bedroom Townhouse • Two en suites plus family bathroom• Kitchen/breakfast room, utility room • Cloakroom/WC, no on-going chain

Brandesbury Square £729,995

EXCLUSIVE AGENTS, NEW INSTRUCTION

• Five Bedroom Detached Townhouse • Master bedroom with en suite• Kitchen/breakfast room, utility room • Lounge, study, cloakroom/WC

Hazel Lane, The Avenue £645,000

EXCLUSIVE AGENTS

• Three Bedroom Ground Floor Apartment • En suite to master bedroom• Kitchen/diner, 21'6 lounge • Allocated parking and private garden

Alexandra House, £550,000


• Three Double Bedroom Mid-Terrace property • Fitted kitchen, two reception rooms• En suite shower room to master bedroom • Cloakroom/WC, landscaped garden

Lombardy Close, The Avenue £424,995

• Two Bedroom First Floor Apartment • Kitchen/breakfast room• Master bedroom with en suite • Allocated parking

Cadogan House, £384,995

EXCLUSIVE AGENTS

REPTON PARKRESIDENTIAL SALES


The Priors, Lambourne End, £POA

• Five Bedroom Detached Executive residence

• Set in three & a half acres of secluded grounds

• Originally built approx 300 years ago

• Indoor swimming pool, tennis court, sauna & cinema room

Hainault Road, £1,295,000 EXCLUSIVE AGENTS

• Six Bedroom Detached residence

• Refurbished to a very high standard

• Approx 175ft rear garden with swimming pool

• No on-going chain, possible part exchange

A selection of properties currently for sale in Chigwell and surrounding areas.

The Elms, Abridge, £1,799,995

• Planning permission passed to build a 15,000sq ft home

• Set in approx 21/2 acres of land with magnificent views

• Full plans available to view at our Chigwell office

• This is an artist’s impression

Hainault Road, £824,995

• Chain Free Four Bedroom Detached family residence

• Two reception rooms, kitchen, utility room

• Cloakroom/WC, master with en-suite

• Close proximity to Chigwell Station

Barnaby Way, £1m

• Chain Free Five Bedroom Detached residence

• Recently totally refurbished, three en-suites

• Three reception rooms

• Southerly aspect garden

Woolston Manor House, £1,499,995

• Five Bedroom Detached family residence

• Overlooking Woolston Manor Golf Course

• Arranged over three floors with magnificent views

• Set within ¾ of an acre

EXCLUSIVE AGENTSEXCLUSIVE AGENTS

EXCLUSIVE AGENTS

EXCLUSIVE AGENTS

RESIDENTIAL SALESwww.lawlors.co.uk


Please call 020 8281 0123 for more information on these and many more.

116 High Road, Chigwell,Essex, IG7 5BJ


Gainsborough Place, £1,075,000

• Five Bedroom Detached property

• En suites to two bedrooms and a family bathroom

• Cloakroom/WC, four reception rooms

• No on-going chain

Chigwell Rise, OIEO £995,000

• Four Bedroom Detached residence

• Approx 130ft rear garden

• Potential to develop, subject to planning consents

• No on-going chain

Vicarage Lane, £995,000

• Four Double Bedroom Detached residence

• En suites to two bedrooms, family bathroom

• Lounge, family room, study, fitted kitchen/dining room,

• Utility room, farmland views, no on-going chain

Manor Road, POA

• Five Bedroom Detached residence

• Master bedroom with en-suite bathroom

• Kitchen/breakfast room, three reception rooms

• Approx 135' rear garden, no on-going chain

Stradbroke Drive, OIEO £595,000

• An opportunity to purchase a plot of land

• Planning permission passed to erect a detached house

• A gross floor area of 3,500 sq.ft

• Current design includes six bedrooms over three levels

Chigwell Park Drive, £549,995

• Three Bedroom Semi-Detached house

• Open plan lounge and dining room, loft space

• Planning permission granted

• Approximately 75ft rear garden

Ely Place, £499,995

• A Four Bedroom Detached property

• En suite to master bedroom

• Cloakroom/WC, lounge, dining room

• Kitchen/breakfast room, no on-going chain

Oak Lodge Avenue, £499,995

• Four Double Bedroom Semi-Detached house

• En suites to two bedrooms, family bathroom

• Ground floor shower room, kitchen/breakfast room

• Garden housing log-style cabin

Hainault Road, £325,000

• One Bedroom Detached Barn Conversion

• Fitted kitchen, lounge, bathroom

• Parking for several vehicles, close to Chigwell Station

• Planning permission granted to extend to two beds



EXCLUSIVE AGENTSEXCLUSIVE AGENTS EXCLUSIVE AGENTS

EXCLUSIVE AGENTSEXCLUSIVE AGENTSEXCLUSIVE AGENTS

In the current property market with the press reporting nothing but doom andgloom buyers can easily become disheartened about ever getting a foot on theproperty ladder. In more and more cases first time buyers are seeking theassistance of their parents in purchasing their first property. However, parentsoften raise concerns as to whether their money is protected and whether theywill ever get it back.

Whilst many parents are happy for their child to have the cash they are alsoconcerned that if their child has purchased a property jointly with their partner,what happens if they split up? Would the parents cash be protected? Wouldthe parents ever get the money back if they needed it?

Parents can protect their investment very easily by having a Declaration of Trustdrawn up. This is a legal document which sets out the contributions made bythe parties to the purchase and their intentions as to how the money should bedistributed once the property is sold. This will ensure that the parents get backthe money they invested for the purchase.

Similar Declarations of Trust can be used when friends or unmarried couplesare buying a property together particularly when they are contributing unequalamounts to the purchase price. Not only can the Declaration of Trust providefor the distribution of the sale proceeds it can also make provision forcircumstances where one party may want to sell the property and the otherdoes not.

When people invest money into buying a property they often find it difficult tothink anything would go wrong. The reality is, it often does. Unfortunatelybuyers can fall out with the co-purchasing friend or disagree about when theproperty should be sold.

The good news is that if you have purchased a property without a Declarationof Trust there is no need to worry! Declarations can be drawn up with theagreement of all parties at any time following the purchase.

At Attwater & Liell we are experts in advising clients about Declarations of Trustand can prepare these documents to make sure that all parties interests areprotected should the worst happen.

If you would like to discuss the possibility of preparing such a documentplease contact Sheri-Anne Mizon at Attwater & Liell, 147 High Road,Loughton, Essex IG10 4LY on 0208 508 2111 or via e-mail on [email protected].

WITH A LITTLE HELP

ANYTHING IS POSSIBLE!

For advice on Declarations of Trust, please contactSheri-Anne Mizon at our Loughton office.

LOUGHTON OFFICE147 High Road, Loughton,Essex IG10 4LY

tel. 020 8508 2111fax. 020 8508 8879email. [email protected]

HARLOW OFFICERothwell House, The High, Harlow,Essex CM20 1LQ

tel. 01279 638888fax. 01279 639970email. >[email protected]

A simple scenario would be:-Jim buys a property for £300,000. His mother lends him £75,000(25%) as a deposit and Jim obtains a mortgage for the balance ofthe price.

Jim lives in the property for 3 years and then sells for £330,000.

A Declaration of Trust can be prepared that will provide for hismother to receive either her original £75,000 back on completionof the sale or £82,500 being 25% of the sale price (the sameproportion that she contributed to the original purchase price).

Using the second option means that not only has motherhelped Jim onto the property ladder; she has also made a profitfrom her investment.

A selection of properties currently for sale in Loughton and surrounding areas.

Baldwins Hill, £1.2m

• Chain Free Three Bedroom Detached family residence

• Within the Conservation Area of Loughton

• Three receptions & two bathrooms

• Double garage, off-street parking & swimming pool

Treetops, Great Woodcote Park, £POA

• Four Bedroom Detached home in a gated development

• 'Faccini' landscaped front & rear gardens

• Four receptions & three bathrooms

• Two integral garages& off-street parking

Toot Hill, Greensted, Ongar, £1,195,000

• Detached Five Bedroom Barn in grounds of approx one acre

• Backing onto open farmland with far reaching views

• Stylish open-plan living accommodation

• Courtyard with formal gardens to surrounds and borders

Baldwins Hill, £875,000

• Five Bedroom Detached executive family residence

• Backing Epping Forest and the Conservation Area

• Scope for further enlargement

• Three receptions, double garage & rear garden approx 145ft

Theydon Towers, Epping, £995,000

• Contemporary Detached residence situated in gated development

• Accommodation is arranged over two floors

• Open-plan living accommodation

• Off-street parking & private driveway

Theydon Towers, Epping, £1,150,000

• The East Wing of this fine residence

• Vaulted lounge with glass canopy with deep bay window

• Three bedrooms with en-suite overlooking private gardens

• Private garden and parking space

EXCLUSIVE AGENTS

EXCLUSIVE AGENTS

EXCLUSIVE AGENTS EXCLUSIVE AGENTS NEW INSTRUCTION, EXCLUSIVE AGENTS

EXCLUSIVE AGENTS







Treetops, Great Woodcote Park, £875,000

• Five Bedroom Executive Detached Family Residence

• Semi-secluded rear garden - unusual for this development

• Five receptions & utility room

• Master with en-suite & family bathroom

Lower Park Road, £799,999

• Four Bedroom Detached family residence

• Three receptions, kitchen/breakfast room & utility room

• Two family bathrooms & master with walk-in wardrobe area

• Off-street parking & landscaped rear garden

Queens Road, Buckhurst Hill, £720,000

• Immaculate Detached Three Bedroom property situated

• En-suite to master & contemporary open-plan living

• Cloakroom/WC & utility room

• Off- street parking & summer house

Ollards Grove, £699,995

• Five Bedroom Detached residence

• Near Epping Forest to the south of Loughton

• Three receptions, cloakroom/WC & family bathroom

• Master with en-suite & rear garden approx 75ft

Ollards Grove, £749,995

• Imposing Five Bedroom Detached residence

• Prestigious residential road in Loughton

• Ideally located for the shopping facilities of High Road

• Obtained planning permission to alter & extend

Broadstrood, £745,000

• Four/Five Bedroom Detached family residence

• Located within the sought after 'Goldings Manor'

• Lounge/diner, cloakroom/WC & kitchen/breakfast

• Family bathroom, master with en-suite & double garage

Baldwins Hill, £725,000

• Five Bedroom Detached Executive residence

• Conservation Area in Loughton

• The property has recently been extended

• Three receptions & two en-suites

Barclay Oval, Woodford Green, £625,000

• Extended & fully modernised Four Bedroom family residence

• Three receptions, cloakroom/WC

• Master with en-suite shower room & landscaped rear garden

• Immaculate conditions throughout

Newnham Close, £600,000

• Extended Four Bedroom Semi-Detached family residence

• Situated within this desirable part of South Loughton

• Cloakroom/WC, kitchen & utility room & two receptions

• Master with en-suite, family bathroom & off-street parking

EXCLUSIVE AGENTSNEW INSTRUCTION, EXCLUSIVE AGENTS

EXCLUSIVE AGENTSEXCLUSIVE AGENTS EXCLUSIVE AGENTS

EXCLUSIVE AGENTS EXCLUSIVE AGENTS


£2,999,995EXCLUSIVE AGENTS

Situated in probably one of the most prestigious locations in Chigwell isthis Five Bedroom Detached residence overlooking Chigwell Golf Course.

The property benefits from en suites to four bedrooms, an indoor swimming pool complex,leisure area and approximately 140ft rear garden.

For more information, please contactour Chigwell office on

020 8281 0123

Forest Lane


CHIGWELL


Albion HillLOUGHTON

£675,000EXCLUSIVE AGENTSNEW INSTRUCTION

For more information, please contactour Loughton office on

020 8502 5588

An opportunity to purchase this verydistinctive architect-designed FourBedroom Detached residence situatedwithin this highly desirable location onthe South side of Loughton.

It is within easy access of the many fashionable shops,eateries and boutiques of the High Road, plus a shortdistance to the Central Line Tube Station. Thisparticular abode would suit a potential purchaser whois looking for an alternative style of residence with themain living accommodation on the first floor andbedroom accommodation on the ground floor, takingfull advantage of the superb views and stunninglocation. Accommodation comprises:Kitchen/breakfast room, cloakroom/WC, lounge,dining room, shower room, master bedroom with en-suite bathroom, double garage & off-street parking.


A selection of properties currently for sale in Woodford Green and surrounding areas.

Forest Side, Epping, £599,995

• Chain-free Three Bedroom Detached character cottage

• Situated within this Forest location

• Kitchen, dining area, cloakroom/WC & utility area

• Master with en-suite, family bathroom & rear garden

Stonards Hill, Epping, £875,000 NEW INSTRUCTION

• Double-fronted Regency-style Four Bedroom Detached residence

• Occupying this corner plot with a substantial frontage

• Accommodation arranged over three floors

• Three bathrooms, heated pool & carriage driveway

Canfield Road, Woodford Green, £595,000

• Completely refurbished Five Bedroom Detached property

• Off-street parking and garage

• Four receptions, utility room & cloakroom/WC

• Four bathrooms & kitchen

Coopersale Street, Epping, £499,995

• Chain Free Three Bedroom Character residence

• Idyllic conservation area

• On a plot of approximately a third of an acre

• In need of modernisation

Oakland Place, Buckhurst Hill, OIEO £500,000

• Chain free Delightful executive family residence

• Secluded peaceful private gated cul-de-sac location

• Kitchen/diner, cloakroom/WC, two receptions

• Master with en-suite, detached garage & off-street parking

Stonards Hill, Epping, £525,000

• Four Bedroom End-of-Terrace family residence

• In the Neo-Georgian style

• Accommodation is arranged over three floors

• Secluded landscaped rear garden

EXCLUSIVE AGENT

EXCLUSIVE AGENTS

EXCLUSIVE AGENT







Forest Grove, Epping, £489,995

• Well presented Chain Free Five Bedroom family residence

• PLANNING PERMISSION FOR EXTENSION 25ft x 14ft

• NHBC Guarantee, rear garden,& double length car

port/garage

Chapel-on-the-Green, Woodford Green, £449,999

• Steeped in local history and completely renovated

• Stunning luxury Apartment

• Original and designer features including:

• En-suite bathroom & bespoke kitchen

Regents Place, Great Woodcote Park, £399,995

• Desirable Three Bedroom Semi-Detached residence

• Secure & sought-after gated development

• Master with en-suite & family bathroom

• Off-street parking & single garage en-bloc

Beech Avenue, Buckhurst Hill, £360,000

• Bright & airy, originally three bed, Semi-Detached family home

• Two receptions & garage to rear

• Fitted kitchen, cloakroom/WC, master bedroom

• Possible potential for extension, subject to permissions

Honeysuckle Court, Buckhurst Hill, £345,000

• Bright & modern Three Bedroom, Ground Floor Apartment

• En-suite to master, open-plan lounge/diner & kitchen

• Allocated parking space & communal gardens

• Entered via security gates

Fairfield Court, Woodford Green, £249,999

• Large First Floor Three Bedroom Apartment

• Short distance to Woodford Central Line & Broadway

• Refurbished, offering ideal investment opportunity

• Communal grounds & balcony area

Tamar Square, Woodford Green, £236,995

• Three Bedroom Split-Level Maisonette

• Secure underground parking

• Short distance to Woodford Central Line & Broadway

• Refurbished, offering an ideal investment opportunity

Beech Hill Gardens, Waltham Abbey, £387,500

• Delightful character property in excellent decorative order

• Peaceful residential cul-de-sac backing onto the Forest

• Sitting room, dining room & kitchen

• Conservatory area one & two & exterior garden

Alderton Hill, £POA

• Exceptional Six Bedroom Detached executive family residence

• Secluded position, offers spacious and flexible living

• Annex accommodation comprising:

• sitting room, kitchen, bedroom with en-suite

NEW INSTRUCTION, EXCLUSIVE AGENT LEASEHOLD, NEW INSTRUCTION, EXCLUSIVE AGENT

EXCLUSIVE AGENTNEW INSTRUCTION, EXCLUSIVE AGENT LEASEHOLD, NEW INSTRUCTION, EXCLUSIVE AGENT

NEW INSTRUCTION, EXCLUSIVE AGENTEXCLUSIVE AGENT EXCLUSIVE AGENT

SSTC


If you have owned your flat for at least two years, you generally have the right

to demand an extension to your lease of an additional ninety years, and the

ground rent reduced to nil. The price is determined by an independent tribunal,

and in the current climate, the price to be paid will be lower than in recent years

as it is related to the value of the flat. When it comes to selling or re-

mortgaging, frequently the process is interrupted and delayed by the need to

extend the term of the lease. Mortgage lenders tend to require at least sixty

years remaining, and some require more. It is much better to address the issue

now, before it becomes an issue, thereby avoiding the risk of endangering a

transaction because of delay.

If you and your fellow leaseholders in your block wish to buy the freehold of the

building, the freeholder cannot refuse to sell it as long as at least 50% of the

leaseholders wish to exercise this right. Again, the price is determined by an

independent tribunal, and the price will have decreased recently in this economic

climate. The advantages are numerous: you can stop paying ground rent, you

can extend your leases at no further cost, and you can collect ground rent from

other leaseholders who did not participate. Perhaps an even bigger benefit, in

certain circumstances, is that this will give you the right to control maintenance

and insurance matters, ensuring that you and your fellow leaseholders get

maximum value from your service charge payments.

At Whiskers LLP we have experience in all matters relating to lease extensions

and freehold enfranchisement. We have local contact with surveyors

experienced in the field who provide essential valuation advice. We can also

offer additional advice regarding incorporating and running an enfranchisement

company and preparing participation agreements where a large number of

leaseholders are acquiring a freehold.

For free, no-obligation initial advice, speak to Jason Winton at our

Woodford Green office on 020 8505 4777

JASON WINTON

WHISKERS LLPSOLICITORS & NOTARIES

445 High Road, Woodford Green,Essex, IG8 0XE

Tel: 020 8505 4777

Email: [email protected]

For further advice, contact:

Whether your flat is a maisonette in a converted property, or one of fifty in a purpose-built block, as a leaseholder you have a

number of rights which you can exercise against the freeholder which will increase the value of your property.

Lease Extensions andCollective Enfranchisement

Magnificent Detached Executive residence perfectly situatedsurrounded by formal grounds, which extend to just underapprox four acres, in one of Chigwell's most desirable locations.

This individually crafted home currently provides five bedrooms but could easilyincrease to nine internally, subject to building regulations. Viewing is a must toappreciate this property's own lifestyle which includes its own Tennis Court,Indoor Swimming Pool complex plus a Private Lake with walk-ways and aJapanese garden.

For more information, please contactour Chigwell office on

020 8281 0123

£POAEXCLUSIVE AGENTS

CHIGWELL VILLAGE

Haylands

March 2009 inhouse 19



LAWLORS• L E T T I N G S • Sunday Viewing: 07736 23 44 22

Landlord & Tenant 24h Emergency:07950 497 054

20 inhouse March 2009

FOREST LANE, CHIGWELL £3,800 PCM

• AVAILABLE NOW • UNFURNISHED

• FIVE BEDROOMS • INDOOR POOL GYM

Five Bedroom Detached residence on Forest Lane, backing Chigwell Golf

Course. The property offers well appointed living accommodation as well as

an indoor heated swimming pool and gymnasium, we strongly advise an

internal inspection at your earliest convenience to avoid missing this

opportunity.

For more information please contact Lawlors Lettings on

0208 502 3388

STATION ROAD, LOUGHTON£2600 PCM

The property benefits from two receptions rooms, fully integrated luxury

kitchen / diner, master bedroom with dressing room and en suite bathroom,

a further 2 bathrooms, under floor heating to the kitchen and bathrooms,

large rear garden, ample off street parking, very close to central line station

and Loughton High Road, viewing is highly recommended of this very well

presented property.

For more information please contact Lawlors Lettings on

0208 502 3388


- Let Only through to Full Management

- Full portfolio reviews

- Guaranteed rents

- Fully referenced professional tenants

- Remortgaging advice in association with our recommended

mortgage brokers, Chatsworth Klein

- Professional staff with extensive local knowledge

www.lawlors.co.uk

LAWLORSLETTINGS SERVICES

Documents

Inhouse March/April 2009 Edition