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July 28, 2017

British buyers abroad

Filed under: Blog — Instinctif Partners @ 4:22 pm

Annabel Smith, International Sales Manager at Jackson-Stops & Staff, shares her insight on British buyers’ confidence in the European housing market.

Despite the political uncertainty that has dogged the UK since we made the decision to leave the European Union, British buyers’ confidence in the European property market has remained relatively strong. High-net-worth individuals in particular, who are buying abroad simply for the lifestyle, continue to be largely unfazed by current events in both the UK and overseas, and although those buyers at the lower end of the market have found themselves holding off making a purchase in countries such as Italy and Spain, this isn’t down to a lack of confidence in the market. They are simply waiting for the value of the pound to increase against the euro once the political dust starts to settle.

Despite some buyers erring on the side of caution we have seen buyer demand increase significantly over the past year, with the number of buyers ready to purchase abroad at its highest since 2008. Interestingly, there doesn’t seem to be much demand in the way of buyers looking to let out their properties to fellow sun seekers or locals. Instead, Brits are buying with the intention of being able to relocate themselves abroad for a few months a year whenever they are in need of a more continental lifestyle.

L’Incontro, a four bedroom family home in Tuscany, Italy, available for €1.15 million through Jackson-Stops & Staff’s International division.

 

The majority of our buyers tend to be married couples in their 40s to late 60s, whose children have flown the nest. Many are about to retire and are looking for the perfect holiday home to relax in with their family during the summer. Areas such as Abruzzo in Southern Italy where, on average, four bedroom homes are selling through Jackson-Stops & Staff for €440,000, whereas in Le Marché in Northern Italy, our similar sized properties sell for an average of €565,000, are particularly appealing to this demographic. Despite our properties in Le Marché selling for around €100,000 more than those in Abruzzo, in recent months the North has proven marginally more popular – thanks to its location, equidistant from the beach and the mountains and similar style properties to those found in Tuscany.

Tuscany is currently Italy’s top hotspot. High-net-worth individuals particularly favour this region because of its grand homes, superb weather and sweeping coastlines. We are selling four bedroom homes here for an average of €1.36 million.

It is still unclear what implications Brexit negotiations will have on British buyers abroad. It is possible that individual European countries could limit the chances of non-EU citizens securing a mortgage or restrict the level of healthcare a buyer retiring to mainland Europe receives. What is clear however is that Britons will continue to aspire to, and be able to, purchase second-homes in locations such as Italy or Spain long after we have left the EU, just as non-EU citizens do today.

July 5, 2017

Jackson-Stops & Staff finds new home for 45th branch in Reigate

Filed under: Blog — Instinctif Partners @ 3:13 pm

Pip Ballard, Partner at Jackson-Stops & Staff’s Reigate branch, discusses the latest branch opening

The Coach House is a stunning four bedroom home in Reigate, offering period features including an inglenook fireplace and cobbled terrace. Available for £1,185,000, please get in touch with our Reigate branch on 01737 222027 for more information.

We are excited to announce that we have opened our 45th branch in Reigate, further strengthening our presence in the Surrey area alongside the Weybridge, Dorking and Oxted offices.

Having lived and worked in the local area for the last 30 years, I have built up an in-depth knowledge of the Reigate market. It is a stunning market town, combining a pretty high-street with an excellent range of shops, easy access to the Surrey Hills and great transport links into London and internationally via Gatwick Airport.

With an abundance of history and culture, the beautiful green spaces of Priory Park, and a host of quality restaurants and bars, Reigate is experiencing considerable interest from prospective buyers looking for that ‘sweet spot’ between the Capital and country life. This is why we decided it was time to expand our offering to this increasingly sought after town and use our expertise to showcase the area’s beautiful for sale homes and unite them with suitable buyers.

Alan King, Partner at our Dorking branch, will also be working closely with me at the Reigate branch. Having spent his whole career in either the Reigate or Dorking markets, he will be offering invaluable knowledge to both sellers and buyers.

For more information on the Reigate branch or the properties currently available, please contact the team on reigate@jackson-stops.co.uk.

 

June 7, 2017

Save on stamp duty by building your dream home

Filed under: Blog — Instinctif Partners @ 11:08 am

Crispin Harris, Director of Jackson-Stops & Staff’s Wilmslow branch, discusses how some buyers are saving on stamp duty

Burdensome stamp duty land tax (SDLT) costs are coming between many buyers and their dream home. Last year our research found that the number of housing transactions fell by 14% annually, partly due to the Government’s decision to introduce an additional 3% SDLT on second home purchases. However, some savvy buyers, particularly those buying at above £1.5million, are considering ways of fulfilling their dream but also saving money in the process.

St Andrew’s House is available for a Guide Price of £2,250,000. A further 50 acres of land are available with a guide price of £15,000 per acre (equating to £2,645,000 for all land). For further information, call Jackson-Stops & Staff’s Wilmslow branch on 01625 540340.

One of the trends we have witnessed is cash rich would-be-buyers building their dream home rather than purchasing it, reducing the amount of SDLT payable significantly. As buyers only pay stamp duty on the cost of the land, and not the eventual built product, building a made-to-measure home is fast becoming a popular way of reducing the property purchase tax bill.

Not only are they able to save hundreds of thousands of pounds, they also have control over the design and specification of the property. With a significant budget, every detail can be tailored and fine-tuned and the highest quality materials used.

A piece of land we are currently marketing in Cheshire comes with planning permission in place for a beautiful country home that would be worth in the region of £10 million once built. In this instance the buyer would stand to save more than an estimated £1.1 million in stamp duty if it is their second home, whilst also benefiting from their very own 9-hole golf course.

We’ve noticed a substantial increase in the amount of interest among buyers for this type of venture and unless the future Government reviews stamp duty restrictions at this level it could have serious implications for the housing market. Lack of fluidity at the top end could stifle the market on several levels. The Government has repeatedly neglected to address this issue so we urge the next Government, once the general election airs clear, to take urgent remedial steps.

April 4, 2017

Buying a listed home: how to make the most of your dream purchase

Filed under: Blog — Instinctif Partners @ 10:48 am

As historic properties become increasingly popular, Dawn Carritt, Director of Country Houses at Jackson-Stops & Staff, gives her advice and tips to aspiring buyers.

There are many responsibilities that come with owning a listed building but without exception they are outweighed by the benefits – and it is these benefits which make them increasingly popular with today’s buyers. An historic house is part of our built heritage and makes not just our towns and cities so special but also our countryside. It really is the 3D equivalent of owning an old master.

In the last two years we have seen the demographic of buyers for these types of property expand to include younger families and couples, who are searching for the perfect historic home in the

Jordan Manor is a charming listed Dartmoor longhouse, situated in the small hamlet of Jordan. Available for a guide price of £850,000, please contact the Exeter branch on 01392 214222 for more information.

country, away from the bustle of city living. A significant 46% of the chocolate box cottages sold by Jackson-Stops & Staff in the last year were either Grade I, Grade II* or Grade II listed. It is these homes, particularly those with outbuildings or annexes, which are of primary interest to younger buyers, who either work from home, derive additional income from letting out their property or need extra space for visiting friends and family – however, knowing whether conversion or renovation is feasible is vital.

If you buy a listed building that is already in good condition the responsibility and cost of maintenance should not be too onerous. The primary responsibility of the owner is to maintain and preserve the house for future generations. The important thing to understand is the construction of the building and treat it with the respect you would normally give to anything that has been around for 100 years; altering it without consent could not only be breaking the law, but it could also diminish its value.

In general like for like repair is allowed without obtaining listed building consent but it is becoming increasingly important to be able to prove that the repair was exactly that and not an alteration. However, if there is even a shred of doubt it is essential the local conservation officer is consulted and listed building consent obtained.  Not only may unauthorised work frustrate a sale in the future it is a criminal offence and simply not worth it!

Before purchasing a listed property that is in need of renovation, time spent on reconnaissance and assessing the works which will need to be undertaken will rarely be wasted.  It is also important to find an insurer that understands period buildings and a mortgage provider that thinks outside the box.   If listed building consent is already in place and covers a group of buildings, such as the conversion of a number of redundant farm buildings and barns it is vital to ascertain whether there are any conditions attached to the consent which are only relevant to one property but which might impact on all future owners.  This is particularly relevant when it comes to the point at which a building may be occupied.  It is not uncommon for the listed building consent to require specific works to be undertaken before any building can be used, yet the work may only be required on one property within the group. A typical example involves asbestos.

Havisham House is a Grade II listed home, designed by the Arts & Craft Movement Architect Mackay Hugh Baillie Scott. It is currently available for a guide price of £2 million through our Canterbury branch (01227 781600).

Meeting with a conservation officer to discuss any alterations you hope to make will be very useful in terms of providing a greater understanding of what can be done.  The next step is to employ a quantity surveyor or architect who fully understands the structure and can provide a clear indication of and how much the work is likely to cost.  Finally, employ a builder who is familiar with old buildings and traditional materials as this should not only save time but it should also give the conservation officer and buildings inspector confidence and leave you to get on with the work.

Although there are a number of responsibilities that come with owning a listed building, for most buyers they are a labour of love.

Renovating a listed home can be incredibly rewarding and will not only help with the preservation of a fascinating piece of British history but in a small way help increase the country’s housing stock and avoid unnecessary building on greenfield sites.

February 2, 2017

The Renovation Boom?

Filed under: Blog — Instinctif Partners @ 5:46 pm

Crispin Harris, Director at Jackson-Stops & Staff’s Wilmslow branch, on the renovation boom:

The market for home improvements and renovations is booming and it’s evident that many people are looking at either improving or extending their homes. The Office of National Statistics found that we spent nearly £30 billion a year on home improvements in the UK during 2016 – that’s £43 million a week! In the same year, a report from Nationwide Building Society found that home extensions or loft conversions can add 20% to a house’s value, or more than £42,000 to the value of an average property. It’s no wonder that we are seeing a renovation boom.

The work undertaken could vary from renovating a tumbledown cottage into a classic chocolate box home, that wouldn’t be out of place on your favourite tin of biscuits, to adding a conservatory extension to a modern property. Whatever it is, the whole project will inevitably be a confusing concoction of satisfying, stressful, time-consuming and plain good fun. Needless to say undertaking these projects can be both a significant emotional and monetary investment, so there are a number of pitfalls to be aware of before pursuing these opportunities.

This lovely Grade II listed manor house, reportedly lodged in by King William IV, offers fantastic living and external areas, including a private island. The house would benefit from renovations that are sympathetic with the character, age and heritage of the building. It is on the market for £1,400,000 – please get in touch with our Weybridge branch if interested to find out more (01932 821160)

This lovely Grade II listed manor house, reportedly lodged in by King William IV, offers fantastic living and external areas, including a private island. The house would benefit from renovations that are sympathetic with the character, age and heritage of the building. It is on the market for £1,400,000 – please get in touch with our Weybridge branch if interested to find out more (01932 821160)

Given the stakes involved we recommend talking over planned home improvements with a trusted local agent. This is absolutely crucial if the work is being done with the intention of adding value or selling on – some works make no difference to value. Others, such as increasing square footage or conservatories, can often add a lot of value. We recently sold a large Victorian semi-detached in Wilmslow on a road where most properties sell for around a million pounds. This house had an exceptional glass extension added to the kitchen and living room, creating a lovely open plan environment. Alongside beautiful renovated bathrooms, the quality of the extension elevated the property to a price around £1.2m – successful extensions and renovations can really increase the value of your home. In addition, some refurbishments will make a property more saleable but not necessarily more valuable. Bathrooms and kitchens can be costly to renovate but sometimes don’t change price point in any significant way. Therefore, taking good advice before you dive into a project, and considering your aims and objectives, is crucial.

Another pitfall is that renovators forget to consult their insurance policies before undertaking the work. If you don’t keep your insurance provider updated on major works you are undertaking, the policy could be invalidated, as it may not take into account the risks associated with a renovation or extension. If uninsured damage, or even a burglary, happens during the period of construction, the renovator could potentially be left exposed. A good broker is essential in this case, providing reassurance of a stable insurance policy and one that is not in breach of the property’s mortgage conditions.

 This lovely Grade II listed country house offers considerable character and architectural merit. The property is believed to date from about 1600 and has been beautifully maintained and restored over the years. It is on the market for £995,000 – please get in touch with our Country Houses branch if interested to find out more (020 7664 6646)


This lovely Grade II listed country house offers considerable character and architectural merit. The property is believed to date from about 1600 and has been beautifully maintained and restored over the years. It is on the market for £995,000 – please get in touch with our Country Houses branch if interested to find out more (020 7664 6646)

Finally, are you sure that your property is insured for the right value? Although policies tend to be on the generous side in terms of an upper claims limit, when undertaking renovations and extensions, it is often easier than you might think to exceed this value. It is also vitally important that insured values are not confused with open market values. Insurance value is the cost of rebuilding the home, not the price of the property.

The right renovation can add both personal and financial value to your property. It is thus vital that you consult the right estate agents / brokers before undertaking work, confident in both the insurance policies and how your changes or improvements will increase value or saleability.

January 12, 2017

The locations that could end your daily train tribulations

Filed under: Blog — Instinctif Partners @ 3:31 pm

It’s a new year, and with season ticket prices up 2.3 per cent, many people will be thinking about getting the best value for money from their daily journey into London. If you’re looking for relative reliability, frequency and that highly-prized seat in the morning, there is light at the end of the train tunnel as a move to one of our top commuter hotspots could grind your troubles to a halt.

Located on the second floor of this development is a luxury two bedroom apartment. Available for £695,000, it is just a six minute cycle ride away from Weybridge station. For more information, call the branch on 01932 821160.

Located on the second floor of this development is a luxury two bedroom apartment. Available for £695,000, it is just a six minute cycle ride away from Weybridge station. For more information, call the branch on 01932 821160.

Home to secret billionaires, young professionals and families, Weybridge is prime commuter belt territory. With trains as fast as 29 minutes direct to London Waterloo it is the ideal location for those looking to live just outside central London but with easy access to the hustle and bustle of city life.

Tim Firth, Director of our Weybridge branch, comments: “One of the little known secrets about living here is that Weybridge station is first on the line in to Waterloo where one can almost always guarantee a seat during rush hour. Thereafter, commuters usually need to stand! The punctuality of trains is another key reason many choose to live here over other commuter hotspots.”

The cost of an annual ticket to London including a travel card is £3,692, with an average 11 minute interval between trains during rush hour.

Seats are also almost guaranteed for those getting on a train into London from Dorking. At its quickest

Situated on Harrow Road West, this characterful five bedroom home is an eleven minute cycle from Dorking station. To arrange a viewing, call our Dorking branch on 01306 887560.

Situated on Harrow Road West, this characterful five bedroom home is an eleven minute cycle from Dorking station. To arrange a viewing, call our Dorking branch on 01306 887560.

during peak hours the journey to London Waterloo takes 51 minutes, meaning many commuters can be seen with their laptops and tablets out, delving into emails and their to-do list ahead of the day. Alan King, Partner at Jackson-Stops & Staff’s Dorking branch, notes that “many local people I have spoken to relish this ‘down time’ before the hustle and bustle of the day ahead”, with the journey into the city providing the right amount of time to get work done. Alan goes on to say that “the journey back to Dorking in the evening is a real treat as the train passes right by Denbies vineyard, one of the largest producers of wine in the UK – it’s absolutely stunning”.

The cost of an annual ticket including a travel card is £3,416, which can be used from Dorking main, Dorking West or Deepdene.

This immaculate Regency-style house is available through our Winchester branch for a guide price of £1,750,000. Located on Christchurch Road it is a seven minute cycle ride from the station. For more information call 01962 844299.

This immaculate Regency-style house is available through our Winchester branch for a guide price of £1,750,000. Located on Christchurch Road it is a seven minute cycle ride from the station. For more information call 01962 844299.

With season ticket costs reaching £5,800 Winchester may seem like a slightly expensive option, but in terms of work/life balance it has become a firm favourite. Recently revealed by Halifax as the UK’s best place to live, it is a peaceful city with some wonderfully pretty historic areas and is not bisected by a major road, so is less busy than other UK cities. Equally, there is very good access to transport routes including the M3, A3, M25 and trains to London Waterloo take just 58 minutes. Philip Blanchard, director of our Winchester branch, comments: “Families moving out from London target the area due to the mix of city amenities, easy access to the capital and to the coast and countryside.”

December 16, 2016

Jackson-Stops & Staff does Christmas Jumper Day

Filed under: Blog — Instinctif Partners @ 5:32 pm

Patryk SOUTHAMPTON ROWTo raise money for Save the Children, we donned our favourite Christmas jumpers on Friday 16th December – and succeeded in spreading festive cheer and getting ‘silly for a serious cause’.

From snowman sweaters to reindeer antlers to a tea drinking Santa, our branches made a fantastic effort for Christmas Jumper Day – although one branch did have a few issues getting everyone to say ‘cheese’ at the same time – follow @JSSChichester to see why!

One of our favourite pictures taken from this year comes from the Weybridge branch, who sported a fantastic assortment of festive wear. The star of the show was undoubtedly Mazel Tov the dog who, as you can see, rocked a fantastic red and white number!

 

 

Natalie, Tim, Lesley, Camilla, Lucy, Sean, Penny WEYBRIDGEIt isn’t just a day of fun however, the pullover has power and the money raised helps to prevent millions of children across the world from missing out on essentials such as healthcare, education, protection and food.

So far the charity has raised over £398,000 and there is still of course time to donate. It is extremely easy – just follow the instructions online: www.christmasjumperday.org.

 

December 12, 2016

Our pick of the top eco homes for keeping warm during winter

Filed under: Blog — Instinctif Partners @ 5:14 pm

As the weather gets colder and the layers get heavier, what’s better than coming home to a warm house? The answer: one that is also energy efficient! New build homes are often full of the latest technology that keeps the home extra toasty in the winter and cool in the summer but we are increasingly seeing such features being added to much older homes – providing buyers with the best of both worlds.

JSS - WoolleyHouseWoolley House for example dates back to the late 18th century, yet renovations have taken full advantage of energy saving devices such as solar panels, an air source heat pump and a night storage aga – all of which provide free energy for underfloor heating, electricity and hot water throughout the day. Not only does this help to reduce the carbon footprint but also significantly lowers energy bills. This three bedroom home also benefits from spectacular views of the wooded valley in Uplyme, East Devon, and is available through our Bridport branch for £925,000. To arrange a viewing, please call our team on 01308 423133.

Little WoodsDesigned by its current owners, Little Woods in Northamptonshire is located in a breath-taking position in the village of Yardley Hastings. Despite being built only recently it blends modern with traditional features in the way of underfloor heating combined with gas fires. A rain water harvesting facility is also available, which not only significantly reduces water bills but it is very easy to maintain. This six bedroom home is available for £1,150,000. To arrange a viewing please call our Northampton branch on 01604 632991.

 

PurdeyIf you’re looking for a truly modern eco home, Purdey House in Gloucestershire has been designed with energy efficiency and the environment in mind. Clad in Larch wood, with its own green roof, it blends seamlessly with the surrounding landscape. Underfloor heating can be found throughout the five bedroom home, which also includes a living and media room, a kitchen and breakfast room and ultra-fast broadband. Available for £1,195,000, please contact the Cirencester branch for more information.

December 8, 2016

Our favourite homes near Michelin starred restaurants

Filed under: Blog — Instinctif Partners @ 2:12 pm

The latest series of MasterChef: The Professionals, now in the semi-final stages, has got us craving gourmet cooking. Thankfully, we’re lucky to have some of the best chefs in the world working in kitchens across Britain. If you love fine dining, but your own culinary skills aren’t quite up to scratch, take a look at some of our favourite homes near the UK’s finest restaurants.

If you’re looking to escape to the rural peace of the countryside, but don’t want your dining options to

Ford Park, Chagford, Devon

Ford Park, Chagford, Devon

suffer, this home may be for you. Ford Park is a beautiful Victorian, purpose-built artist’s residence set within the Dartmoor national park. The property was built by Robert Stark, the father of Freya Stark, the celebrated traveller and author. Dame Freya Stark spent her childhood at this home and it features in several descriptive passages of her autobiography. Having recently been renovated, the six-bedroom property offers an impressive studio, once used by the sculptor John Skeaping to create his statue of Lord Derby’s great racehorse, Hyperion, which now stands at Newmarket. For those seeking gastronomic artistry, the property is only a couple of miles away from Gidleigh Park hotel, winner of two Michelin stars, where Executive Chef, Michael Wignall provides exquisite tasting and a la carte menus. Please call our Exeter branch on 01392 214222 if you would like to arrange a viewing.

 

Half Moon Street, Mayfair, London

Half Moon Street, Mayfair, London

With many of the country’s finest Michelin starred restaurants situated in Mayfair, you’ll be spoilt for choice at this property on Half Moon Street. The gorgeous, two-bedroom penthouse with its private terrace is conveniently located within a 10 minute walk of Alain Ducasse’s three Michelin starred restaurant at The Dorchester. However, if that seems like too much effort, the property is actually in the same building as the Michelin star winning Ormer restaurant, famous for its art-deco style. The property is available through our Mayfair lettings branch. Please call 020 7664 6644 if you would like to see the property for yourself.

 

Outside the Capital, Bray in Berkshire has to be the centre of British cuisine. Despite its village proportions, it is home to two of the four best restaurants in the country with Heston Blumenthal’s Fat Duck and Alain Roux Waterside Inn both holding three Michelin stars. Heston’s Michelin starred pub, The Hind’s Head, is also in the village. If you’re eager to be based near the excellent eateries

The Old Manor House, Shepperton, Surrey

The Old Manor House, Shepperton, Surrey

here, then you should consider this incredible home, only half an hour’s drive away. The Old Manor House is a Grade II* listed detached home, dating back to the 15th century with exceptional history. King William IV is said to have stayed here on a number of occasions when friendly with Lady Caroline Wood at Littleton Park. Furthermore, the house is linked to Lady Catherine Grey (sister of Lady Jane Grey) and her husband Lord Hertford, with panels in the window on the main staircase displaying their coats of arms. The property boasts a dining room with 16th and 17th Century oak panelling, ideal for sampling your own recipes, along with seven large bedrooms and five bathrooms. If you would like to view this gorgeous manor, please call our Weybridge branch on: 01932 821160.

 

November 11, 2016

Our top medieval homes – with a modern touch!

Filed under: Blog — Instinctif Partners @ 4:18 pm

From peasant huts to castles, farmhouses to manor houses, medieval homes are rich in history. Although many rightly associate this period with rebellion and conflict, as one of the most turbulent and transformative times in history, there was also a strong appreciation of colour and opulence in the choice of design. This resulted in iconic period features including grand fireplaces, decorative windows, turrets and impressive hallways. The only downfall is that there are few medieval homes on the market, so we have showcased three of our top medieval homes before they get snapped up!jt67523

Dating back to the sixteenth century, this Grade II* listed medieval farmhouse is said to be one of the most historic and important farmhouses in Axminster. Set within a tranquil East Devon Valley the home is full of ch
aracter and charm thanks to its flagstone floors, beamed ceilings and plank and muntin screens. Beautifully restored, it also includes a games room, gym area and media room, with planning permission for an indoor swimming pool, sitting room and bedroom. Luggs Farm is currently available for £1,400,000 through our Taunton branch. For more information or to arrange a viewing, call the team on 01823 325144

jz67346 Dating back to the medieval times with later Tudor, Georgian and gothic revival influences, the Farthings has been designed in an L-shape and benefits from a beautiful weatherboard exterior. Arranged over three floors, the home has six bedrooms, a snug, a sitting room and two kitchens, while outside the outbuilding retains the original carriage entry, stable with historic mangers and a hay-loft. To arrange a viewing of this beautiful Grade II* listed home, call our Cranbrook branch on 01580 720000.

rental medieval If you’re simply looking to dip your toe into medieval life, this five bedroom property to rent, situated a short distance outside the medieval town of Faversham, may be for you! Complete with a wood burning stove, a large farmhouse kitchen and a beautiful spiral staircase guiding residents from the master bedroom to their dressing area, it also benefits from beautiful walled gardens. With a monthly rent of £2,995, this property is available through our Canterbury branch from mid-November. To arrange a viewing call the team on 01227 781600.

 

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