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NO
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ouse.com
BrightON aNd hOVe
Local
For all your local property news www.whathouse.com
the LocaL ProPerty
PaPer from
whathouse.com
Agent Insight selling your home this winter
From recuperation to regeneration
apartment living at royal alexandra Quarter
Looking to buy, sell, rent or let?We’ll make your property vision a reality.Winkworth. See things differently.
winkworth.co.uk/brighton-hove
Winkworth Brighton & Hove 01273 772175 | [email protected] Church Road, Hove, BN3 2FN
Specialist in land sale or acquisition, new homes sales & marketing and
residential investment.
Call us for further information on (01483) 450180
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Spicerhaart (Generic Ad) 4a.pdf 1 08/09/2014 10:31
PublIshed by: GLobesPan media Limited, 291-299 borouGh hiGh street, London se1 1JG
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editor: KeIth OsbORne [email protected]
assistant editor: stePhen MAundeR [email protected]
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Cover piCture: royal alexandra Quarter, Brighton, from £400,000 taylor wimpey; 01273 964262
essentiaLsLocal
NO
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5T
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BRIGHTON AND HOVE
Local
For all your local property news www.whathouse.com
NO
V 2
5T
H2
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4
THE LOCAL PROPERTY
PAPER FROM
whathouse.com
Agent Insight SELLING YOUR HOME THIS WINTER
From recuperation to regeneration
APARTMENT LIVING AT ROYAL ALEXANDRA QUARTER
Looking to buy, sell, rent or let?We’ll make your property vision a reality.Winkworth. See things differently.
winkworth.co.uk/brighton-hove
Winkworth Brighton & Hove 01273 772175 | [email protected] Church Road, Hove, BN3 2FN
welcOme www.whathouse.com nov 2014 | 3
in light of the recent ONS data
stating that house prices are up
12% year-on-year, prospective sellers
may be considering taking the
plunge and making the most of the
blossoming property market.
But ahead of the traditional seasonal
slowdown, and with uncertainty over interest
rates and the general election just around
the corner, is it really a good time to sell your
home? Damien Dunford, valuation manager at
Mishon Mackay, offers his advice...
Standing on principle can be an expensive
position to adopt when buying and selling
property. In a level or falling market, hanging
out for a high price can often backfire, because
a property that is too highly priced can look out
of step with the rest of the market. Can sellers
really know what their properties will fetch?
Surely they are only worth what others will pay
for them.
Property purchase and sale is seldom an
end in itself. It usually forms part of a life-
changing event such as gaining independence,
committing to a partner, starting a family or
reaching retirement. These events are bigger
than any property in the overall scheme of
things, so standing on principle can sometimes
stand in the way of moving on.
We have just had two fairly good years of
rising prices. We have got used to this, but all
good things come to an end – until the next
time.
Despite the lowest interest
rates and some of the best
mortgage deals in living memory, the property
market is showing signs of cooling. Some prices
set in the spirit of acceptable optimism earlier in
the year are beginning to look decidedly over-
inflated now. And, as any skilled negotiator will
tell you, one should always open realistically.
A general election is on its way, the European
economy again looks worrisome and Christmas
is around the corner. If you have any big
personal or family events
which involve property
purchase or sale, now is
the time to be reasonable
about your expectations.
Listen to buyers, listen to the
market and listen to your
experienced estate agent.
Listen to your heart – and not your wallet.
Wallets make poor property advisors. Good
estate agents make better ones.
For more information visit
www.mishonmackay.com; 01273 821800
i nteresting figures came to light last week from house-share website
SpareRoom.co.uk. Its survey of over 10,000 users of its website
indicated that one in six shared homes in the UK doesn’t have a
living room, up from one in ten just three years ago.
In London, it’s an even higher proportion, with 19% of shared homes
bereft of a communal reception room.
Matt Hutchinson, director of SpareRoom.co.uk, said “the demise of the
living room is symptomatic of the private rented sector struggling to cope
with intense demand. It’s not simply a case of landlords chasing higher
yields. Many flat and house sharers tell us they’d compromise on a living
room out of choice, if it meant paying less to keep a roof over their heads.”
Other data from the survey states that in London, ten people are searching
for every room available. It’s no surprise that in circumstances like this,
coupled with inflation-busting increases in average rents, desperate people
find themselves having to settle for a less-than-ideal place to live.
It would be comforting to think ‘Rising Damp’ style accommodation was
a relic of the 1970s, but these figures suggest an accelerated return to the
bad old days.
Keith Osborne
editor, whathouse?
Say what?
agent Insight
“
“
we have just had two fairly good years of rising prices. we have got used to this,
but all good things come to an end – until the next time.
Win a bathroom suite!
Only one lucky household will win. Don’t miss your chance to win this lovely Joyou bathroom suite.Go to www.facebook.com/whathouseproperty Competition closes Friday 28 november. See whathouse.com for terms and conditions.
This november we are giving away a complete luxury Amsterdam bathroom suite, courtesy of joyou.co.uk – part of the Grohe Group.
EnTErinG iS EASy:1. Visit Whathouse? on Facebook and ‘Like’ our Facebook page
(double your chances by adding a ‘share’!)2. answer the question at the bottom of that page3. enter your details
time to chill?
I want tofind a buyeras soon aspossible
My dreamhome is justout of reach
I wanta greatdeal
I want to securea tenant beforewinter sets in
Please note: If you have instructed another agent on a Sole Agency basis, the terms of those instructions must be considered before contacting us. Commission is required in the event of a successful sale.Land & New Homes | Auctions | Mortgage Services | Surveys | Conveyancing
Find us on:
10,000Featured
properties2,000More than
house sales40,000
Generated over
viewings
Bognor 01243 624726
Brighton 01273 287210
Chichester 01243 624725
Country Homes 01403 342211
Crawley 01293 762326
Crawley Down 01342 349709
Eastbourne 01323 458167
Felpham 01243 624727
Goring 01903 641736
Horsham 01403 342210
Hove 01273 287211
Kemp Town 01273 287212
Lancing 01903 649091
Littlehampton 01903 649093
Midhurst 01730 402032
Newhaven 01273 803207
North Bersted 01243 624728
Peacehaven 01273 803236
Preston Park 01273 287213
Rottingdean 01273 287214
Saltdean 01273 287214
Steyning 01903 641734
Storrington 01903 641735
Western Road 01273 799614
Worthing 01903 649092
I want tofind a buyeras soon aspossible
My dreamhome is justout of reach
I wanta greatdeal
I want to securea tenant beforewinter sets in
Please note: If you have instructed another agent on a Sole Agency basis, the terms of those instructions must be considered before contacting us. Commission is required in the event of a successful sale.Land & New Homes | Auctions | Mortgage Services | Surveys | Conveyancing
Find us on:
10,000Featured
properties2,000More than
house sales40,000
Generated over
viewings
Bognor 01243 624726
Brighton 01273 287210
Chichester 01243 624725
Country Homes 01403 342211
Crawley 01293 762326
Crawley Down 01342 349709
Eastbourne 01323 458167
Felpham 01243 624727
Goring 01903 641736
Horsham 01403 342210
Hove 01273 287211
Kemp Town 01273 287212
Lancing 01903 649091
Littlehampton 01903 649093
Midhurst 01730 402032
Newhaven 01273 803207
North Bersted 01243 624728
Peacehaven 01273 803236
Preston Park 01273 287213
Rottingdean 01273 287214
Saltdean 01273 287214
Steyning 01903 641734
Storrington 01903 641735
Western Road 01273 799614
Worthing 01903 649092
A COLLECTION OF 8 EXCLUSIVE APARTMENTS AND A UNIQUE FEATURE HOUSE IN HOVE
Tucked away on a leafy avenue in the heart of Hove, Verano is a boutique development of eight elegant spacious apartments and one remarkable three-bedroom feature house. Verano has been created with an uncompromising agenda for impeccable design – stylishly contemporary with an unsurpassed luxurious specification. A landmark address for Hove in the making.
PRICES ON APPLICATION
01273 829300 VERANOHOVE.COM
Interior photograph of Verano.
Sales agent:Developer:
To find ouT more & for a free valuaTionCall us on 01273 771111 or
email us at [email protected]
PhilliPs & stillBrighton & hove’s most stylish and modern City Centre estate agenCy
the owners oF these properties paid us only £99 to sell their home, who says the market is quiet?
uPPer norTH STreeT £225,000
orienTal PlaCe £199,950
over STreeT £510,000
monTGomerY STreeT £420,000
SOLD SOLD SOLD SOLD
Award Winning Development†
Room with a Royal View
A magnificent private gated new terrace of beautifully appointed 5 bedroom townhouses overlooking The Long Walk with views
of Windsor Castle. Ideally located for Windsor town centre.
• Classically designed new homes offering contemporary and generous living space
• Private roof terraces with views to Windsor Castle and The Long Walk
• Within walking distance to Central Windsor (0.4 miles)*• Electric entrance gates, secure garaging and visitor parking• 24 miles to Hyde Park Corner, Central London and
Heathrow Airport is 8 miles*• 29 minute train service to London Paddington• Ready to move in by Christmas
*Source Google maps
† Development of the Year (2-10 Units) LABC Awards
Long Walk Villas, Kings Road, Windsor SL4 2AHGuide Prices from £2.75m
Showhouse open daily 10am – 4pm020 3137 8226
Beyond your expectations
Award Winning Development†
FINAL
PHASE
RELEASED
View from Long Walk Villas
Award Winning Development†
Room with a Royal View
A magnificent private gated new terrace of beautifully appointed 5 bedroom townhouses overlooking The Long Walk with views
of Windsor Castle. Ideally located for Windsor town centre.
• Classically designed new homes offering contemporary and generous living space
• Private roof terraces with views to Windsor Castle and The Long Walk
• Within walking distance to Central Windsor (0.4 miles)*• Electric entrance gates, secure garaging and visitor parking• 24 miles to Hyde Park Corner, Central London and
Heathrow Airport is 8 miles*• 29 minute train service to London Paddington• Ready to move in by Christmas
*Source Google maps
† Development of the Year (2-10 Units) LABC Awards
Long Walk Villas, Kings Road, Windsor SL4 2AHGuide Prices from £2.75m
Showhouse open daily 10am – 4pm020 3137 8226
Beyond your expectations
Award Winning Development†
FINAL
PHASE
RELEASED
View from Long Walk Villas
12 | nov 2014 www.whathouse.com New hOmeS
Q. what is royal alexandra Quarter?
a. The development is unique as we have
refurbished the former Royal Alexandra
Hospital, which is an historic hospital
building. We have restored the building to
its original glory by installing new windows
and lead works and matching the original
brickwork, but we have done it in a way
that remains sympathetic to the building’s
character.
Q. how do these new homes stand out from
the crowd?
a. All of the properties at Royal Alexandra
Quarter are premium homes – we have
ensured both buildings (the old hospital
building and a new-build apartment building
in the grounds) offer equally high-quality
homes but the two buildings do offer
different qualities. The former hospital
building has been restored which means the
homes there are unique and one-off designs
with high ceilings and original features,
while the new penthouses are luxurious
and contemporary in design, offering views
across the sea from beautiful big terraces.
Q. tell us about the show home design?
a. Omnific Designs were asked to create a
grand apartment that has a modern and
luxurious feel. There is lots of artwork in
the show home that was specially painted for
the development, including a large beautiful
picture of Brighton Pier for the entrance
hallway.
Q. what does the development have to offer
in terms of its locality and amenities?
a. RAQ is situated in the conservation area
of Clifton Hill, which is an exclusive part of
Brighton & Hove. There are lots of boutique
shops and restaurants nearby, as well as a
choice of supermarkets. The seafront is less
than a mile away from the new homes, while
The Lanes shopping district is also within
easy reach.
Q. what kind of buyers have you been
attracting?
a. Professionals, generally aged between
30-50. Some are from the local area, while
others have moved to the city from elsewhere
– for example, we find the development really
appeals to people living and working in
London, who want to enjoy life by the sea,
yet be in commuting distance of the Capital.
Q. how can people find out more about the
penthouses and show home?
a. By visiting the sales information centre
at the development, which is open Thursday
to Monday from 10.00am to 5.00pm. Or by
calling the sales executive on 01273 964268.
royal alexandra Quarter
susan Joseph, taylor wimpey sales manager, talks to whathouse? about this exclusive development
P r o f e s s i o n a l k i t c h e n d e s i g n
The Hersham Centre, Hersham, Surrey, KT12 4HL Tel 01932 379076
Online gallery and developer testimonials: www.moorebydesign.co.uk
VINTAGE CITY BRIGHTON01273 600302
20–22 Gloucester Place Brighton BN1 4AA
VINTAGE CITY BRIGHTON01273 600302
20–22 Gloucester Place Brighton BN1 4AA
VINTAGE CITY BRIGHTON01273 600302
20–22 Gloucester Place Brighton BN1 4AA
Vintage Furniture From the 1950’s, 60’s & 70’s We are Brighton’s largest furniture shop selling 20th Century Vintage and Retro Furniture throughout London and the South East of England. Our furniture dates from the 50s, 60s and 70s.
TWO FLOORS OF FURNITURE
· Sideboards· Lounge Chairs· Coffee Tables· Sofas· Desks· Dining Tables and Chairs· Lighting
EXPERIENCED IN THE FOLLOWING STYLES
· Vintage Furniture· Mid 20th Century Furniture· Retro Furniture
A FAMILY RUN BUSINESS:
· Furniture on 2 Floors· Free Local Delivery· Nationwide Delivery also Available· Shop in Central Brighton· Shipping Can be Arranged if Required
SPECIALISING IN LOUNGE AND DINING FURNITURE:
· Scandinavian· Italian· English
07594 605922 01903 872704
Rightside Kitchens Ltd | 52 Sullington Gardens | Findon Valley | West Sussex | BN14 0HSVAT No. 109 0768 15 | Company Registration No. 7514676
07594 605922 01903 872704
Rightside Kitchens Ltd | 52 Sullington Gardens | Findon Valley | West Sussex | BN14 0HSVAT No. 109 0768 15 | Company Registration No. 7514676
07594 605922 01903 872704
Rightside Kitchens Ltd | 52 Sullington Gardens | Findon Valley | West Sussex | BN14 0HSVAT No. 109 0768 15 | Company Registration No. 7514676
Bespoke Kitchen Design & InstallationsBased in Findon Valley
01903 872704 /07594 [email protected]
the cost of agreeing a new
tenancy rose 3.7% over
the past year, with rental
growth continuing to be
driven by London and the
East of England, according to Countrywide
Residential Lettings.
In London, the cost rose 7.4% to stand at
an average of £1,229 pcm in October 2014 on
the back of a cooling sales market. The uplift
in rents when a tenant signs a new contract
is a strong indicator of future sentiment
and prospective increases in rent for sitting
tenants, while for a new tenant it represents
the cost of accessing the rental market.
However, it does not automatically
follow that a rise in newly agreed rents is
immediately passed on to all tenants. The
average tenant in the UK saw their rent rise
1.7% over the past 12 months, below the 3.7%
seen by a tenant agreeing a new contract.
Tenants signing 12, 18 or 24 month deals
during which the rent is fixed and landlords
choosing not to pass on increases to sitting
tenants underpin the difference between the
two rates of rental growth.
rising occupancy rates
The average rental property remains empty
for 14 days a year, one day less than in
the first half of 2014. This represents an
occupancy rate of 97%, with half of all
available properties let within two weeks.
A reduction in the time a property remains
empty means there are fewer days when a
landlord is not receiving rent, which serves
to push up net yields. The number of days a
property is empty tracks not only the time to
find a new tenant, but also the time needed
between tenancies to carry out repairs and
improvements.
Properties in London, the South East
and the East of England remain empty for
an average of less than 14 days each year,
serving to drive down costs and place a
degree of upward pressure on yields. Across
Wales, the North East and the North West,
properties remain empty for longer, an
average of 18 days a year, indicating the
additional time required to find a tenant.
Commenting on the data, Nick Dunning,
group commercial director of Countrywide
plc, said: “Void periods offer landlords the
opportunity to re-assess market conditions,
make improvements and adjust rent
accordingly. Rental growth predominantly
occurs when a property is re-marketed and
let to a new tenant. An increase in rent for
someone moving into a new property will
filter through to the rest of the market more
slowly, as and when tenants move and new
contracts are negotiated.
“While the level of demand means that
the time taken to find a tenant is at a near
record low, landlords should still factor in
a short period when their property will be
empty. While voids are often associated with
the time taken to find a tenant, in stronger
markets property can be re let in advance
of it becoming empty. Even in these strong
markets, time to carry out repairs and
facilitate a handover between tenants is a
cost which needs to be factored in.”
estate agent market analysisrent costs up 3.7% for new tenants as demand remains strong
““
the average tenant in the UK saw their rent rise 1.7% over the past 12 months, below the 3.7%
seen by a tenant agreeing a new contract.
14 | nov 2014 www.whathouse.com New hOmeS
...Buying a new home is a big decision, so you’ll want to know that your property is of good quality and your investment well protected.
Only builders approved and registered by NHBC can offer Buildmark, and they must build to the detailed technical standards we have
been developing and updating for more than 75 years.
It will give you peace of mind to know that all new homes with NHBC’s Buildmark have been independently inspected at key stages
during construction, and come with 10 years’ warranty and insurance.
This gives you the reassurance that, on the rare occasion when something does go wrong, we’re here to help you.
So, before you buy a new home, make sure it has Buildmark.
NHBC – the mark of a quality home
H309 06/14
Talk to us... Call us now on 0844 633 1000 and ask for ‘Customer Services’. Or visit www.nhbc.co.uk/myhome
H309 - What House? advert_FINAL.indd 1 6/16/14 9:30 AM
M A R I N E D R I V E ~ R O T T I N G D E A N
THE BIGREVEAL
01273 300 525 01273 829 300 generatora lifestyle worth living
2 & 3 BEDROOM SEAFRONT APARTMENTS WITH EXCEPTIONAL SEA VIEWS AND SECURE UNDERGROUND PARKING
OVER 50% PRE-SOLDSHOW HOME NOW OPEN
Selling agents: A development by:
www.azurerottingdean.co.uk
Azure full page advert 338h x 267w What House Local 25.9.14.indd 1 25/09/2014 14:04
OPEN DAILY 10am - 5pm
Call Karen on 01903 334267or visit churchillretirement.co.uk
Up to £5,000 towards Estate Agents’ fees
Up to £1,500 towards your legal fees
Stamp duty up to a maximum of 1%
Energy Performance Certifi cate (EPC)
Professional rightsizing service
Full removals service
Move for Free !*
CAMBRIDGE LODGE SOUTHEY ROAD, WORTHING, WEST SUSSEX
Available for a limited period only. Call us today to fi nd out more.
* Terms and conditions apply, please call for full details.
Name:
Please post back for further information on Cambridge Lodge, Worthing.
I am enquiring for: Myself Family Friend
Return to: Churchill Retirement Living, FREEPOST NAT4387, Ringwood BH24 3BR
Telephone:
Email:
Address:
Post Code:
Home is at the heart of an enjoyable retirement
Find out more about Churchill Retirement Living today.
YOUR HOME – WITH ADDED PEACE OF MIND
• Lodge Manager• Owners' Lounge• Maintenance-free garden• 24-hour Careline• CCTV security entrance system• Close to local shops and amenities
TRUST IN US
WINNERS 2009–2013.
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The Most Outstanding RetirementHousing Operator in the UK
Celebrating half a decade of excellence since 2009
I did not realise how easy moving would be until I took advantage of the Move for Free Offer. Everything was brilliant. Mrs Loftus, Churchill Retirement Living apartment Owner
Choose a beautiful Churchill Retirement Living apartment at Cambridge Lodge and you’ll be amazed how simple life can be. Our friendly experts can help at every stage: choosing your new home, selling your old one, packing and removals – leave it all to us!
Our development is conveniently located close to local shops and amenities, include security and maintenance and a social calendar for you to join in with as much, or as little as you want to.
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Available for a limited period only
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914
Moderno | Redhill Close | Brighton | BN1 5FJAwarded 5 stars for customer satisfaction
Price correct at time of going to press. Specification on site may differ. Pictures for illustrative purposes only. Terms & conditions apply and can be found at www.bellway.co.uk
Call: 0845 548 3008 Click: www.bellway.co.uk/southeastVisit: Open daily 10am - 5pm with late night opening on Thursday 12pm - 7pm
3 and 4 bedroomhomes from
£419,995
Moderno. Stunning 3 & 4 bedroom new homes in Brighton located close to beautiful parkland,with easy access to the seaside, excellent amenities and schools and convenient transportconnections into London.
Bellway are dedicated to making the purchase of your new home as easy as possible so for allreservations taken before Christmas, we'll pay your Stamp Duty, give you £500 towards yourlegal fees and pay towards your removal fees.
We can pay your Stamp Dutyplus contribute towards legal fees.