Beresfords Residential Magazine - issue 21

Residential

experience: the difference

21st Edition

Beresfords TV: Bringing property

to life!

As this publication is produced periodically availability, details and prices correct at time of going to press.

www.beresfordsgroup.co.uk

BETWEEN JANUARY AND JULY 2010 WE ARRANGED MORTGAGES WORTH ALMOST £70M FOR CLIENTS*.CONTACT US TODAY TO FIND OUT HOW WE CAN HELP YOU YOU WITH ALL YOUR MORTGAGE NEEDS. TEL: 0800 389 9986* Between 1st January and 31st July 2010. Your home may be repossessed if you do not keep up repayments on your mortgage.

Sales:

BILLERICAY 01277 626262

BRAINTREE 01376 348444

BRENTWOOD 01277 231515

CHELMSFORD 01245 500555

COLCHESTER 01206 764444

COLLIER ROW 01708 730707

GIDEA PARK 01708 730255

HORNCHURCH 01708 474034

INGATESTONE 01277 350505

SHENFIELD 01277 212111

UPMINSTER 01708 222200

WRITTLE 01245 420880

PALL MALL, LONDON 020 7839 0888

Lettings:






HAVERING 01708 222211

Country Homes:


Surveys:

ALL AREAS 01245 422796

Financial Services:

ALL AREAS 0800 38 999 86

Commercial:

ALL AREAS 01245 397484

Land & New Homes:

ALL AREAS 01245 397497

Essex, Greater and Central London

BERESFORDS HELP FIRST TIME BUYERS GET ON THE PROPERTY LADDER!

Owning a home is something most people aspire to which is why there is a healthy number of first time buyers who are looking to take that step onto the property ladder.

One couple who recently decided to take that step were Ari and Julie Ciobanu, both of whom are teachers from Hornchurch. With the help of Martin Hannush, one of Beresfords Financial Advisers, they were able to secure a mortgage to buy their dream first home.

Ari and Julie’s experience of using Beresfords Mortgages:

“We decided to use the services of Beresfords mortgages as the company is one of the most popular and trusted in the local area.”

“At the start of the process we were worried about getting a mortgage as another mortgage broker had told us that we

stood no chance of obtaining a mortgage. At this point my wife wanted to give up as she didn’t think we stood a chance but I knew there must be an opportunity so we got a second opinion from Martin at Beresfords.”

“From the outset Martin offered the best service and advice we have ever received and he won our trust and increased our confidence by providing clear and concise answers to all our questions. What’s more he was always positive and available to discuss our application whether we called into the office or contacted him on the telephone.”

“Throughout the process we were kept fully informed of the status of our application by their dedicated Mortgage Service Centre who provided comprehensive and informative information. Overall we felt the whole service saved us time, money and reduced our stress levels.”

CALLING ALL FIRST TIME BUYERS... Beresfords will shortly be holding the following first time buyer events: Colchester - Saturday 18th September10-5pm. 37 Long Wyre St, Colchester.

Tel: 01206 764444

Shenfield - Saturday 25th September10-5pm. 68 Hutton Rd, Shenfield.

Tel: 01277 212111

Hornchurch - Saturday 2nd October10-5pm. 135 High St, Hornchurch.

Tel: 01708 474034

Chelmsford - Saturday 9th October10-5pm. 10 Duke St, Chelmsford.

Tel: 01245 500555

Independent mortgage advisers will be on hand to talk you through the mortgage deals currently available. What’s more properties will be on display from throughout the region ideally suited to those looking to take that first step onto the property ladder. For further information contact the relevant office.

Julie and Ari Ciobanu

FOR FURTHER INFORMATION ON BERESFORDS MORTGAGES CONTACT 0800 389 9986

“ We would most definitely recommend Beresfords mortgages to anyone who is looking to secure a mortgage. For us they were the difference between getting a mortgage and not!”

BRAINTREE£249,995Braintree: 01376 348444

RAYNE£309,995 Braintree: 01376 348444

MONKEN HADLEY£249,995 Braintree: 01376 348444

DUNMOW£244,995 Braintree: 01376 348444

Sales

BILLERICAY£550,000Billericay: 01277 626262



NOAK BRIDGE£135,000Billericay: 01277 626262

Contact the relevant department that covers your local area for a FREE, no obligation valuation of your property.

For a full list of properties available visit our website www.beresfordsgroup.co.uk

R E S I D E N T I A L S A L E S

BOCKING£314,995Braintree: 01376 348444

SIBLE HEADINGHAM£315,000 Braintree: 01376 348444

GREAT NOTLEYOIEO £300,000 Braintree: 01376 348444

GREAT NOTLEY£299,995Braintree: 01376 348444





BRENTWOOD £174,995 Brentwood: 01277 231515

INGRAVE £220,000Brentwood: 01277 231515

ONGAR£250,000 Brentwood: 01277 231515


THIN

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F SELLING O

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LETTING A

PROPERTY?

Sales:






COLLIER ROW 01708 730707

GIDEA PARK 01708 730255

HORNCHURCH 01708 474034

INGATESTONE 01277 350505

SHENFIELD 01277 212111

UPMINSTER 01708 222200

WRITTLE 01245 420880

PALL MALL, LONDON 020 7839 0888

Lettings:






HAVERING 01708 222211

Country Homes:


Surveys:

ALL AREAS 01245 422796

Financial Services:

ALL AREAS 0800 38 999 86

Commercial:

ALL AREAS 01245 397484

Land & New Homes:

ALL AREAS 01245 397497

Essex, Greater and Central London

Hornchurch - Saturday 2nd October10-5pm. 135 High St, Hornchurch.

Tel: 01708 474034

Chelmsford - Saturday 9th October10-5pm. 10 Duke St, Chelmsford.

Tel: 01245 500555

Julie and Ari Ciobanu

STOKE BY NAYLANDGUIDE PRICE £375,000Colchester: 01206 764444

COLCHESTER£325,000Colchester: 01206 764444

CHELMER VILLAGE£319,995Chelmsford: 01245 500555

CHELMSFORD£450,000Chelmsford: 01245 500555

LITTLE WALTHAM£575,000Chelmsford: 01245 500555


STANWAY£139,995Colchester: 01206 764444

COLCHESTER£249,950Colchester: 01206 764444

WEST COLCHESTER£189,995Colchester: 01206 764444

WEST COLCHESTER£269,995Colchester: 01206 764444

BRAISWICK £645,000Colchester: 01206 764444

COPFORD£389,995Colchester: 01206 764444


TILE KILN£289,950Chelmsford: 01245 500555


GREAT BADDOW£369,950Chelmsford: 01245 500555

COLLIER ROW £195,000 Collier Row: 01708 730707

HAROLD HILL£199,995 Collier Row: 01708 730707

COLLIER ROW £365,000 Collier Row: 01708 730707

RISE PARK £295,000 Collier Row: 01708 730707

COLLIER ROW£325,000 Collier Row: 01708 730707

Sales




GREAT WARLEY £499,995 Brentwood: 01277 231515


CLEMENTS PARK £640,000 Brentwood: 01277 231515

PART E

XCHANGE AVA

ILABLE

INGATESTONEGUIDE PRICE £600,000Ingatestone: 01277 350505

INGATESTONE£1,150,000Ingatestone: 01277 350505

STOCK£299,950Ingatestone: 01277 350505

INGATESTONE£375,000Ingatestone: 01277 350505

MOUNTNESSING£555,000Ingatestone: 01277 350505

For a full list of properties available visit our website www.beresfordsgroup.co.uk For a full list of properties available visit our website www.beresfordsgroup.co.uk


HORNCHURCH£239,995 Gidea Park: 01708 730255

GIDEA PARK £265,000 Gidea Park: 01708 730255

HORNCHURCH£259,995Hornchurch: 01708 474034


HORNCHURCH £295,000Hornchurch: 01708 474034


EMERSON PARK£599,950Hornchurch: 01708 474034

EMERSON PARK£975,000Hornchurch: 01708 474034





Sales

HAROLD WOOD£219,995 Gidea Park: 01708 730255

ROMFORD £209,995Gidea Park: 01708 730255


ROMFORD £139,995 Gidea Park: 01708 730255


As a regional company handling large volumes of both property sales and lettings, Beresfords are well placed to give a balanced overview of both.

The flexibility of renting makes it an attractive option in a wide range of circumstances. Affordability for first time buyers is an obvious example but in the present economic climate, tighter lending criteria may mean renting rather than buying is a more viable option for many.

In addition, the ability to view a rented property and move in within days can be important if you are starting a new job or perhaps don’t want to lose the perfect buyer for your existing property.

Certainly renting when you are relocating can be very helpful. You get a much greater feel of the local area and where you would like (and not like!) to live. But equally important, it’s much easier to buy when you are on the doorstep and of course being in rented property without a property to sell, your bargaining position couldn’t be better!

If you want the option to move back in the future, you can always rent in the new area and instead of selling, rent out your existing home at the same time. That way you will be insulated against any steep rises in property values compared to the new area.

There’s certainly no shortage of tenants seeking properties in this area and this is emphasised in a report released in August 2010 where the Council of Mortgage Lenders (CML) said that the buy-to-let market has continued to grow and concludes ‘Tenant demand for private rented property will remain strong’.

At the same time, the scrapping of HIPs and many first purchasers bringing their plans forward in late 2009 and early 2010 to take advantage of stamp duty concessions has resulted in an excellent choice of properties for sale at present especially in

the first time buyer part of the market which is often favoured by investors.

Strong demand from tenants and a lack of rental property to choose from has led to attractive rents being achieved locally. Combine this with a good choice of property for sale and it opens up excellent opportunities for those considering buy-to-lets whether existing landlords or first time investors.

Although lending criteria has tightened, don’t think that banks aren’t lending. The CML report shows buy-to-let lending in the second quarter of 2010 is up 13% on the first quarter. And whilst you will need to put some capital in, you need to consider what those funds are earning elsewhere with savings bringing such a low return at the moment. Alternatively, many take advantage of current low mortgage rates to release equity from their existing property to go towards a buy-to-let purchase.

John Lineham, who heads up Beresfords Mortgages Division, says that there are some attractive buy-to-let mortgages to choose from at the moment: ‘Based on buying at £120,000 with a 25% deposit, a £90,000 interest only mortgage over 20 years would cost £303 per month on one of the popular 3 year Trackers available at 4.85%.*’

‘When you look at the likely rental values of some of the properties opposite compared with the mortgage cost, it’s quite easy to see why buy-to-let is seen as such an attractive option’.

The growth in renting certainly hasn’t dampened the UK’s enthusiasm for owning a property. Long term certainty and security is still seen as important and people recognise the benefit of the medium to long term capital growth and at the same time having somewhere to live. And of course later in life, if your mortgage is paid off you won’t be paying rent out of your reduced income as a pensioner.

Once they can, most people will buy. According to property website Zoopla taking out a mortgage is cheaper than paying rent in 75% of British towns as low interest rates have kept down mortgage payments and the shortage of property to let has pushed up rents.

Figures show we aren’t building enough houses and our population is growing all the time so demand for property to buy will continue whether it be from investors or people simply wanting to buy a property to live in. After all, every property has to be owned by someone!

For an informal chat on whether renting your property or becoming a landlord is the right thing for you, speak to Steven Bond on 01245 397497 or email [email protected].

To Buy or Not To Buy, that is the question… but what is the answer?

“Should I Buy or Rent a property?” is probably the most frequently asked question alongside “How much is my property worth?” that an estate agent is asked.

“ Demand for private rented property will remain strong”.

“ Excellent opportunities for those considering buy-to-lets”.

*Rates correct at time of going to press.


I N V E S T M E N T P RO P E RT I E S

Investment Properties

A small selection of properties currently available that could be suitable for investment

COLCHESTER | £119,950Within walking distance of Colchester town centre is this 2 bedroom apartment offered with no onward chain.EXPECTED RENT: £550 PCM Colchester: 01206 764444

COLCHESTER | £119,9952 bedroom apartment within easy reach of Colchester North station and close to local amenities.EXPECTED RENT: £575 PCM Colchester: 01206 764444

COLCHESTER | £124,995Located close to the town centre is this 2 bedroom house, benefiting from off road parking.EXPECTED RENT: £600 PCMColchester: 01206 764444

CHELMSFORD | £168,0002 bedroom detached property within close proximity of Chelmsford town centre.EXPECTED RENT: £650 PCMChelmsford: 01245 500555

GREAT BADDOW | OEO £200,0004 bedroom property in need of modernisation offered with no onward chain.EXPECTED RENT: £875 PCMChelmsford: 01245 500555

CHELMSFORD | £199,9953 bedroom end of terrace house situated close to the local school and amenities.EXPECTED RENT: £850 PCMChelmsford: 01245 500555

If you would like to receive this newsletter visit www.beresfordsgroup.co.uk and click on ‘Newsletter’.

Local Property News!With the ever changing property market it makes sense, now more than ever, to keep up to date with the latest property news.

Beresfords regularly distribute a FREE of charge email newsletter which is both informative and exclusively for the Essex region.

It’s up to date with all the news you need, whether you’re looking to buy, sell, or let your property or are simply interested in the current property market.

Go to www.beresfordsgroup.co.uk and click on Newsletter or email [email protected] to register

BRAINTREE £695 pcmBraintree: 01376 348666

BRAINTREE£735 pcmBraintree: 01376 348666

BLACK NOTLEY£795 pcmBraintree: 01376 348666

GREAT LEIGHS£1,750 pcmBraintree: 01376 348666

R E S I D E N T I A L L E T T I N G S


RAMSDEN BELLHOUSE£4,500 pcmBillericay: 01277 658666

STOCK £6,700 pcmBillericay: 01277 658666

WITHAM£595 pcmBraintree: 01376 348666

BILLERICAY £675 pcm Billericay: 01277 658666

BILLERICAY £1,050 pcm Billericay: 01277 658666

BILLERICAY£1,795 pcmBillericay: 01277 658666

DANBURY£1,400 pcmChelmsford: 01245 500666

WRITTLE£550 pcmChelmsford: 01245 500666

GREAT BADDOW£950 pcmChelmsford: 01245 500666

COOKSMILL GREEN £1,200 pcmChelmsford: 01245 500666

CHELMSFORD£1,600 pcm Chelmsford: 01245 500666

ROWHEDGEFrom £600 pcmColchester: 01206 763333

NORTH COLCHESTER£625 pcmColchester: 01206 763333

Contact the relevant department that covers your local area for a FREE, no obligation valuation of your property.

THIN

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LETTING A

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R E S I D E N T I A L L E T T I N G S


BRENTWOOD£1,500 pcm Brentwood: 01277 218151

BRENTWOOD£1,500 pcmBrentwood: 01277 218151

Lettings

HUTTON£2,950 pcm Brentwood: 01277 218151

SHENFIELD£3,250 pcmBrentwood: 01277 218151

BRENTWOOD£2,150 pcm Brentwood: 01277 218151

UPMINSTER£950 pcmHavering: 01708 222211

HORNCHURCH£1,200 pcmHavering: 01708 222211

UPMINSTER£1,200 pcmHavering: 01708 222211

GIDEA PARK£2,300 pcmHavering: 01708 222211

ARDLEIGH£675 pcmColchester: 01206 763333

SOUTH COLCHESTER£950 pcmColchester: 01206 763333

WEST BERGHOLT£1,150 pcmColchester: 01206 763333

ROMFORD£800 pcmHavering: 01708 222211

LET B

Y

HUTTON£395,000Shenfield: 01277 212111

SHENFIELD £525,000Shenfield: 01277 212111

HUTTON POPLARS £595,000Shenfield: 01277 212111


HUTTON £815,000Shenfield: 01277 212111


HUTTON £1,175,000Shenfield: 01277 212111

HUTTON MOUNT £1,275,000Shenfield: 01277 212111

CRANHAM£249,995Upminster: 01708 222200



Sales

UPMINSTER£259,000Upminster: 01708 222200



CRANHAM£410,000Upminster: 01708 222200

WEST HORNDON£595,000Upminster: 01708 222200


HIGH EASTER£289,995Writtle: 01245 420880

GOOD EASTER£349,950Writtle: 01245 420880

WRITTLE£745,000Writtle: 01245 420880

ROXWELL£720,000Writtle: 01245 420880

WRITTLE£1,050,000Writtle: 01245 420880


Base | Brentwood | Essex 1 & 2 bedroom apartments from £183,000

Come and see what makes a Crest Nicholson home different

Making homes out of locations

www.crestnicholson.com*Subject to availability and Crest Nicholson’s terms and conditions. Prices correct at time of going to press

Contemporary apartments with private parking and stylish interiors, all within walking distance of the town centre and station.

Marketing Suite & Show Apartment open daily 10am to 5pm Telephone: 0870 757 8384 Email: [email protected] Selling Agents: Beresfords 01277 231 515

An imaginative collection of apartments and houses in the desirable village location of Great Baddow.

Marketing Suite & Show Homes open daily 10am to 5pm Telephone: 0870 757 8184 Email: [email protected] Selling Agents: Beresfords 01245 500 555

nContemporary specification throughout nLess than 2 miles from Chelmsford

town centre and station nClose to excellent schools and

local amenitiesnSleek fitted kitchens with Bosch

integrated appliances nInternal landscaped courtyard nExcellent access to the M25, M11

and A12

We have a number of great incentives available, for details visit us or call today!

Clarion Gate | Great Baddow Chelmsford

1 & 2 bedroom apartments from £169,5003 & 4 bedroom houses from £270,000

E_COMP230710BRM120x194F1.indd 1 21/7/10 09:53:30


N E W H O M E S

LatestNewHomesDevelopments

COLLINS GREEN, MESSINGOutstanding collection of four, five and six bedroom homes in an award winning village location.PRICES FROM £335,000 Colchester: 01206 764444

LIONS ROW, BRENTWOODPrestigious small development of stunning two bedroom apartments.PRICES FROM £309,995 Brentwood: 01277 231515

HONYWOOD GARDENS, CHELMSFORDTwo bedroom bungalows for independent people over 55.PRICES FROM £299,995 Chelmsford: 01245 500555

OAKLEY MANOR, GALLEYWOODExclusive development of only three four bedroom family houses.PRICES FROM £550,000 Chelmsford: 01245 500555

ONLY ONE P

ROPERTY

REMAINING!

Computer generated image

www.beresfordsgroup.co.uk

C O U N T R Y H O M E S

Country Homes

BOCKING £650,000 Country Homes: 01206 764000

RIVENHALL £425,000 Country Homes: 01206 764000

BLACKMORE GUIDE PRICE £1,800,000 Country Homes: 01245 397475

RIVENHALL £745,000 Country Homes: 01206 764000

BOREHAM GUIDE PRICE £2,000,000 Country Homes: 01245 397475

ONGAR £1,000,000 Country Homes: 01245 397475

Documents

Beresfords Residential Magazine - issue 21