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May 14, 2018

Is there a resolution?

Filed under: Latest News — Tags: , , , , , , — JSS London @ 4:14 pm

Patrick Glynn-Jones Director, Richmond Sales

Talk continues in today’s property media about the latest report from The Resolution Foundation, which deals with the various issues surrounding the contentious issue of property taxation.

Our Richmond Sales Director, Patrick Glynn-Jones, offers his own thoughts on this topic: ‘In the report, a number of proposals are covered, including Capital Gains Tax (CGT) concessions for those who sell investment property to first-time buyers. This might compensate landlords for some of the monies lost since the tax regulations changed for those with investment property….diminishing mortgage interest offsetting; less ‘wear and tear’ allowance and, if bought recently, the additional 3% stamp duty on additional property purchased. Also under discussion was the proposal to halve stamp duty tax, in order to increase property mobility. Any estate agent will tell you that the current levels are a significant ‘sticking’ issue for buyers, particularly those looking to upsize, when the figures involved make for eye-watering reading. Additionally, an overhaul of the current Council Tax calculations was discussed, so that they align with property values…as they are now. It’s worth noting that there was no support for CGT on the sale of one’s principal private dwelling, however.’’

If you would like to discuss any of the topics detailed above with Patrick in greater detail he would be delighted to hear from you. You can get in touch with the Richmond office on 020 8940 6789.

April 17, 2018

ARLA Propertymark Conference and Exhibition 2018

Our Head of London Residential Lettings for Jackson-Stops, Tracey Cummings, is attending today’s ARLA Propertymark Conference and Exhibition 2018, which is taking place at London’s ExCel conference centre. Already this morning, Tracey has heard from Justin King, CBE, former CEO of J Sainsbury plc, and Heather Kay Wheeler, Conservative MP.

The conference aims to be informative, educational and inspirational to the attendees and will cover many pertinent topics which are evident in today’s ever-changing lettings’ market.
Jackson-Stops’ places huge emphasis on staff training to ensure our lettings teams are fully up to date on all the latest legislative and compliance issues. All of our branches have ARLA Propertymark-trained staff who are happy to help with any residential lettings’ advice you may need. Do get in touch with your local Jackson-Stops’ branch to discuss your letting or renting requirements, we would be delighted to help.



March 8, 2018

International Woman’s Day

Georgina Clarke, Pimlico Lettings Director

Georgina Clarke, our Pimlico Lettings Director, discusses International Women’s Day 2018 and the inspiring event she attended to mark the occasion:

On the 8th March I was delighted to attend a panel discussion hosted by the Victoria BID at the St. James’s Court Taj Hotel. The panel, hosted by journalist and author Radhika Sanghani, comprised high profile business women working in the local area including; Susan Place Everhart; COO for Orchid Project; Justine Brown, HC Director for DP World; Susan Belchar, Associate Hospital Manager for North East London Foundation Trust; and Clare Fone, Founder Westminster Physiotherapy and Pilates Centre.

The discussion revolved around the biggest changes for woman in the last 100 years and what we can expect to see in the next 100 years. It was a positive and uplifting debate with particular emphasis on how far society and woman’s rights have come since our grandmothers’ days. All panellists are successful business women and mothers and accepted that there are still difficulties and sacrifices to be made. However, all were in agreement that the barriers have been removed and that there are opportunities for hardworking women who want to achieve success in their field. It was also noted that rights for fathers in the workplace have also been achieved and that all success is about good support and good partnerships, however that is achieved on a professional and personal level.

So what do women bring to the workplace? One member of the panel suggested that women bring ‘empathy and intuition’ and ‘that differences should be celebrated on an equal platform’. Undeniably, men and woman are different, so it was felt that quotas for equal representation cannot work, because ultimately you need to employ the best person for the job…and it was suggested that sometimes the Board would be better off with 100% women! And what about the gender pay gap? A topic for some ongoing debate, no doubt.

What advice do these phenomenal women of Victoria give to us? Clare of WPPC said we are all aiming for a happy and healthy life and that our personal well-being, both emotionally and physically, is paramount. Stick to your core values and recruit to these core values and behaviours. Clare had overcome many professional hurdles in doing so. Justine advised us to ‘work hard but don’t work late’, ‘take on every challenge’, ‘don’t say no, but get organised’. Susan of Orchid said that ‘every woman has the right to make their own choices’ whatever they may be, and that even having a career break doesn’t stop you from achieving your goals; also, ‘you can’t have it all, all at the same time, all of the time.’ And  Susan Belchar stated that ‘we need good education.’ It was concluded that we need cultural awareness, good communication and understanding in the workplace.

Working as a senior Director at Jackson-Stops within the Lettings industry as I do, I feel there has been a noticeable shift in gender-typical roles. Lettings has predominantly been dominated by female employees throughout the eighteen years of my career, but I have seen a significant increase in male recruitment and managers as the job is increasingly recognised, in London at least, as a sound professional career path. With more and more legislation and relevant expertise and being required, this is no longer a back office ‘female’ administrative role and, in many estate agencies, lettings is taking the lead in terms of income. I am delighted to say that Jackson-Stops has a balanced, professional workforce and has succeeded by sticking to its core values and ethos, remaining a supportive and nurturing employer. Companies that look after their people look after their clients!

International Men’s Day is on 19th December!

February 5, 2018

London fires up social media

Filed under: Latest News — Tags: , , , — JSS London @ 3:07 pm

Social Media Winner @JacksonStopsLondon

Jackson-Stops held its annual conference on Friday 2nd February and it turned out to be a truly inspiring day of speakers, debates and information about the latest offerings in the world of ‘proptech’, a frequently heard buzzword within our industry at the moment.

The daytime event was followed by a black tie awards ceremony, where our London group was delighted to win the award for ‘best social media’ across our Consortium of 46 national offices…what better way for us to share the good news than on here, one of our social media platforms?

Nick Ferrier, Midhurst and Amelia Redington, London

November 2, 2017

‘What I Learned’

Filed under: Latest News — Tags: , , , , , , , — JSS London @ 2:10 pm

Camilla Foulger, Associate Director of Lettings at our Mayfair branch, explains how her recent experience of purchasing a property with her fiancé was an extremely useful lesson for her professional role at work:

Having recently completed on the purchase of a property myself, I can now appreciate the saving grace of using a professional estate agent as a welcome mediator between vendor and buyer. Despite every purchaser’s/ vendor’s hope that a sale will progress in a straightforward manner, there are inevitably unexpected issues that arise; the most common being disagreement between the two parties after a mortgage valuation or a building survey.  At a time where there is a rise in the number of online estate agents, it is more important than ever to understand and appreciate the value that a professional agent can bring to the selling or letting process. Here are my top reasons why using a trusted, client-led estate agent can save you your sanity and a few pennies along the way…

  • The optimum price can be achieved for the property through an experienced agent’s expertise and negotiation skills.
  • It can remove any emotional bias between the two parties. Using a ‘middle man’ can help resolve issues and diffuse disagreements that can make the difference between a sale going through or falling through.
  • You can harness valuable knowledge about the sales process, including the legalities, which is especially useful for first time buyers or those buying in the UK for the first time.
  • You can access other associated services such as insurance, removals, solicitors, professional valuations and financial advice.
  • You can access extensive marketing tools and expertise, which can prove especially valuable when selling a unique, historic or niche property.
  • You know you are benefiting from in-depth knowledge of the local market and relevant comparable transactions.
  • You can access agency experience in resolving common disputes that arise during the sales process with an outcome agreeable to both parties.

To discuss any aspect of the selling, buying, letting or renting process please do get in touch with your local Jackson-Stops branch, our teams would be delighted to be of service.

July 21, 2017

How the tide turned in Teddington

Filed under: Latest News — Tags: , , , , , , — JSS London @ 3:23 pm

Detached House for sale Pharaohs Island, Shepperton, TW17

This weekend sees the general release of eagerly-anticipated epic war film, Dunkirk, in which acclaimed singer, Harry Styles,  of One Direction fame makes his film acting debut; the reviews are in and so far they have been overwhelmingly positive.

The film focuses on how the actions of how a number of ordinary civilians during 1940, who were owners of boats of all shapes and sizes and were instrumental in evacuating Allied troops stranded in France and surrounded by German enemy forces.

At the time of this monumental event in history, serving Prime Minister Winston Churchill stated he would be happy if 38,000 people were rescued; in fact, the figure ran to an incredible 338,000.

Hundreds of these small-sized boats set out from Tough Shipyard, situated next to the Tides End Pub at Teddington Lock.

Flat to rent Fairmile House, 30 Twickenham Road, TW11

Without the selfless actions of these civilians, many more Allied troops would certainly have lost their lives during this stage of the war.

Fast forward to the current day, and Jackson-Stops & Staff is currently marketing a luxury apartment situated adjacent to the site of the old boat yard, which features uninterrupted views across the location from which these boats set out on their epic voyage.

If you are the owner of a small boat, we are also marketing for sale a beautiful house on Pharaohs Island, which can only be accessed by a small boat.

If any of these opportunities would be of interest, please do get in touch with our Jackson-Stops & Staff team on Teddington High Street, they would be delighted to help.

July 10, 2017

Time for Tennis…

Filed under: Latest News — Tags: , , , , , — JSS London @ 8:26 am

This year we are celebrating 140 years of the Wimbledon Tennis Championships and they will take place on 3rd July to 16th July.

Wimbledon Village is always a great place to live and work but perhaps one of the best times is during the Championships fortnight.

The first Wimbledon took place in 1877 solely as an amateur competition and a few hundred spectators were in attendance.  Around 490,000 spectators will visit the championships this year and many of those visitors will descend upon Wimbledon Village to soak up the atmosphere in the many pubs, café bars and restaurants.  Many of the local pubs put on barbeques and offer jugs of ice cold Pimms to entice in the passing trade.  In fact, there has been a pub located on the site of The Dog & Fox since the reign of Henry VIII and it was also a terminus for the London to Brighton stagecoach in the 1800s.

330,000 cups of tea and coffee will be drunk during the tournament along with 110,000 pints of beer and 29,000 bottles of Champagne and the top selling items in the gift shop are usually the Gentlemen’s Championship towels.  It’s also worth mentioning that 2,100 kilos of bananas are brought in for the players alone!

A Harris Hawk named Rufus visits the club most weeks throughout the year to maintain a “pigeon free” zone and on most mornings of the championships he can be seen flying around the grounds at 9am before the gates open.  The grass courts are meticulously maintained throughout the year and the grass is cut to precisely 8mm during the event.

The prize money for the men’s and women’s singles winners was £2 million in 2016.  Compare this to 1968, the year of the first “open” championships, when the prize money was just £2,000 for the male champion and £750 for the female champion.

A wooden racket was last used 30 years ago in 1987 and the record time for stringing a racket at the championships is 14 minutes.  A team of stringers work 24/7 during the tournament stringing over 2,000 rackets and using approximately 40 miles of string!

Around 6,000 staff are employed for the championships including 250 ball boys and girls, 2,200 catering staff, 700 security guards and 305 cleaners working day and night around the clock to keep the venue shipshape and in tip top condition.

Flat for sale Burghley House, Somerset Road, SW19

Around 28,000 kilos of strawberries are consumed throughout the fortnight and are usually the highest quality Grade 1 Kent strawberries.  They are picked the day before to ensure freshness and arrive at the grounds at 5.30am where they are meticulously inspected before being sold to the public. And don’t forget the accompanying 10,000 litres of cream!

According to the Wimbledon Championships website, the last championships being recorded without rain interruptions was in 2010, hardly surprising with our typically British Summers.

Renting out your Wimbledon house or flat during the tournament fortnight could earn you some extra money!  Jackson-Stops & Staff provide annual “tennis lets” to customers from all over the world ranging from £1,500 per week up to £6,500 per week depending on the property.

We have this stunning, spacious two bedroom apartment located on the private Oakfield Estate, on the same road as the All England Lawn Tennis Club, could be just the ticket!

June 13, 2017

A Word From Tim Firth, Weybridge Sales

Filed under: Latest News — Tags: , , , — JSS London @ 3:22 pm

Tim Firth, Director of Sales

Tim Firth, Director of our Weybridge office, takes a look the local property market and explains how wider events can affect decisions, but how there are certain things that never change:

With the general election now out of the way, Tim Firth, Director of Sales at our Weybridge office, explains why some fundamental rules of the housing market never change, whatever the political climate:

  • Firstly the residential housing market is fuelled by confidence and political instability such as an election or a referendum takes the confidence out of the market and we all become much more cautious about spending money.
  • Reducing your price to encourage a sale during the build up to the election will likely dampen the effect and you might be better advised waiting until confidence returns after the election.
  • Making sure your property is presented by your agent in the best possible light from the day after the election result. Seasonal photography, social media, premium listings on the web portals etc.
  • The housing statistics that appear in the National Press are often out of date and the real way to understand what is happening on the property coalface is talk to your agent, they can see what is happening that day and that week and advise accordingly
  • It does not matter how many properties your agent has For Sale it matters how many they have Under Offer, there is a big difference!

We are here to help, we want to help, we have experience aplenty and lots of local knowledge, we work for our sellers and are candid and open in our feedback. We have many testimonials and we work for a Nationally respected Brand. If you are thinking of selling or would like some advice we are here to help.

June 12, 2017

For an agent you can trust, look for the ARLA Propertymark logo

Filed under: Latest News — Tags: , , , , — JSS London @ 12:47 pm

Are you somebody looking to rent a property? Perhaps you are a Landlord looking to let out your valuable asset? If so, then you will want to work with an agency with membership to ARLA Propertymark.

Renting or letting a property can seem like a daunting task, especially if it’s your first time and you are unsure of the process and all that it involves, so it’s vital you work with an agent you can trust. Large sums of money, as well as a fair amount of time and paperwork are involved. It’s important, therefore, that you feel you are in safe hands with somebody who can steer you through the maze of ongoing legislation and legalities surrounding the industry.


If you look at the Jackson-Stops & Staff window displays across our London network of branches you will see this sign displayed:

This differentiates us from other agents who are not members, because we are:

  • Backed by the Propertymark Client Money Protection scheme
  • Experienced and trained professionals required to undertake regular training
  • Kept up-to-date with complex legislative changes and best practice
  • Adhering to a nationally recognised Code of Practice
  • Submitting independently audited accounts to Propertymark annually
  • Members of an independent redress scheme
  • Fully compliant with Professional indemnity insurance


So, you can walk into our offices and be confident in the knowledge that we will guide and advise you in the most professional direction, which not only benefits you and the property, but also protects you and your money. Do get in touch to find out more, or to discuss your own property requirements, we would be delighted to help.

June 9, 2017

Flower Power in TW11

Filed under: Latest News — Tags: , , , , , — JSS London @ 2:43 pm

Semi-Detached House for sale Victoria Road, Teddington, TW11

Has all the recent coverage of Chelsea Flower Show left you feeling inspired and determined to put your green fingers to good use in your very own garden space this year? 

If you’re looking for an event a little more low key and local to Teddington, why not visit the eleven finalist gardens being opened to the public on Sunday 11th June, as part of the annual Teddington in Flower community event. The gardens are situated in a range of locations in and around

Terraced House to rent Cambridge Road, Teddington, TW11

Teddington, including Somerset Road and Victoria Road. If your visit to Victoria Road leaves you feeling you would like to spend more time in your own garden in that location, we at Jackson-Stops & Staff have the perfect property for you. We are currently marketing a beautiful family house to let, which features the perfect garden for families and those who enjoy entertaining alike.  We also have a characterful cottage available to let on Cambridge Road, which provides the perfect garden for children to play in, and for those lovely evening BBQs throughout the summer months.

Whilst focusing on all things green, we are just a short while away from the start of this year’s Hampton Court Flower Show, which runs from 4-9th July. The event is hugely popular with both local residents and those from further afield and promises to showcase the finest in all the latest gardening and horticultural trends.

Do get in touch with our Jackson-Stops & Staff Lettings team to discuss all of your property requirements, we would be delighted to help.


June 2, 2017

Another tough day at the office…

Filed under: Latest News — Tags: , , , , , , — JSS London @ 11:10 am

Office with a view…

Well, it was a particularly tough few days in the office last week for Annabel Smith, who heads up our Jackson-Stops & Staff International department. Annabel was given the arduous task of visiting some of our agents in Ibiza and had to ‘endure’ these views from her desk during the time she was there! In all seriousness, Annabel’s week was packed with appointments, as she met with a number of agents we work with to secure a range of stunning properties for our clients who are looking for their dream home abroad.


Property for sale Saline Point, Cap Estate, St. Lucia

Annabel works on behalf of a large number of clients, each of whom has their own special ‘wish list’ of what they are looking for. Their search might have started after they fell in love with a particular country after visiting on holiday, or it could be that a young, growing family is looking for the perfect bolthole during the holidays. The latter scenario is most often the case for those clients looking for a home in easily accessible places such as Spain and the Algarve; for those searching in Italy, our International department is the most prolific agent in the country, with representatives across 17 of the 20 regions. It’s this level of local, ‘on the ground’ knowledge that is crucial when people are making such an important decision and Annabel is always happy to accompany clients to places to conduct a thorough search of the area they are interested in. We also help clients who are looking for property further afield, such as the Caribbean and the USA.

Please do get in touch if you would like to discuss your own requirements with Annabel, who would be delighted to help you to find your dream property in the sunshine.


May 31, 2017

London’s oldest bridge…

Filed under: Latest News — Tags: , , , , , — JSS London @ 2:21 pm

Built around 1175, and thought to be named because of the noise of horse’s hooves as they walked across it, little known Clattern Bridge crosses the River Hogsmill, which is a tributary of the Thames, in the Royal Borough of Kingston Upon-Thames.  It’s one of the oldest intact bridges in England and is a scheduled Ancient Monument.

Detached House for sale Cotswold Close, Kingston upon Thames, KT2

Interestingly, the stream in John Millais’s famous painting of Hamlet’s Ophelia is actually the Hogsmill, and the history books tell us that ‘Scolds’ (troublesome and angry women who broke the public peace by habitually arguing and quarrelling with their neighbours) were ducked at the bridge using a cucking stool.  This was still happening as late as 1745 when the landlady of The Queen’s Head was ducked before a large crowd!

Located just 2 miles away from this impressive bridge and 0.2 miles from Richmond Park is this large, six bedroom detached house, perfect for an extended or growing family.

Do contact Jackson-Stops & Staff in Wimbledon Village and we’d be delighted to arrange a viewing for you.


May 17, 2017

Proud Sponsors of Cleves School PTA Fete in the Field Event

Filed under: Latest News — Tags: , , , , , — JSS London @ 2:33 pm

After some concerns about rain clouds and the possibility of showers, the Cleves School PTA needn’t have worried; instead, their hard work was rewarded with clear skies and smiling faces at their annual Fete in the Field event, which took place yesterday afternoon. Jackson-Stops & Staff’s Weybridge office is proud sponsor of this fantastic PTA and all of the fundraising events that they run. Yesterday was a chance for the school children, parents, teachers, and members of the local community to congregate together and enjoy the numerous stalls, the bouncy castle, live music, steel pans, the BBQ, and delicious home-baked cakes produced by pupils of the school. We leant our support at the drinks bar and are looking forward to hearing how much that stall, and all the others, managed to raise for the PTA during the event. Preparations are already well underway for the biggest event in the PTA’s calendar, their annual Ball, which will follow the theme of James Bond and is taking place in June at Mercedes Benz World in Brooklands, Weybridge. Members of our team are looking forward to attending on the evening and running some fun games to entertain parents and raise further funds for the PTA.

May 8, 2017

What home means to me

Filed under: Latest News — Tags: , , , , — JSS London @ 3:48 pm

Emma’s Family Home

In the next blog in our series, Emma Biddle, a surveyor with our associated company, JSS Egerton, tells us what her childhood home means to her…

In December of last year, my parents moved out of my childhood home, so writing about ‘what home means to me’ has taken on a particular poignancy in recent months. They had lived there for thirty six years and I had called it home for thirty two of those years. I have so many happy memories of the house…too many to list…and, as you can imagine, I was very sad to say goodbye. However, the new owners are a young family with two little boys who I know will have the best time growing up there and will enjoy plenty of adventures. My happy memories will be with me for life; playing rounders in the garden, building camps in the wood, collecting honey from our bees whilst wearing my PJs…the list goes on!

I was very fortunate to be able to buy a flat in London in 2012. This became known as “London Home” rather than my parents’ house, which was “Kent Home”. I suppose that I call home somewhere I love to be and treat it as if it is my own… I have been known to say to family members “shall we go home?” when I actually mean their house, not mine!

I remember completing on the purchase of my flat, running out of work to collect the keys, looking around the flat and then rushing back to work with a big grin on my face. As you can imagine I did not have a very productive afternoon! I moved in the very next day (feeling a little delicate after a celebratory tipple the previous evening, which was a bit of a struggle) and this mainly involved loading and unloading multiple Ikea bags of clothes; I had been staying with a friend nearby and it was not worth putting things in my car to drive 100 metres, so I walked it all round there. I even got stuck in the lift at one point.

By the time I moved in, all my grandparents had passed away and Mum and Dad’s garage had been storing lots of gems from their houses which they had set aside for the time I would move out of home. I also did the mandatory trip to Ikea to buy anything I was missing – a sofa, a kitchen table and some kitchen bits. It was so nice to have all my things around me and to begin creating a home of my own. My family helped me paint the flat and I would come home from work to do a bit more DIY for about six weeks after I moved in. I finally put the paintbrush down when the Olympics started and instead used my step ladder to see over the crowds as the cycle road race went down the road!

When I started looking to buy I had two criteria; two bedrooms and a garden. I looked at lots of flats but none of them felt quite right. One weekend I went to stay with my sister and on Saturday night after a glass of wine or two we settled down on the sofa to trawl Rightmove once again. Helen spotted my flat and persuaded me to look at it when I returned to London. It did not have a garden, though, which did not fit my criteria and so I was not particularly keen! However, the flat had two bedrooms of decent sizes, rather than one of them being a large cupboard, and there was plenty of living space. Although it did not have a garden it did have a green view over allotments. I walked in, looked out of the sitting room window and knew this was the flat for me.

My own experience of buying a property has shown how it can be well worth looking outside a set list of ‘must haves’ and being open to other opportunities. I love owning my own property at this stage of my life and have been creating many happy memories there with friends and family since I moved in.

February 22, 2017

Coombe: an area steeped in history…

Filed under: Latest News — Tags: , , , — JSS London @ 11:51 am

Coombe is an historic neighbourhood within the Royal Borough of Kingston upon Thames.  Roman coins and ancient remains have been discovered in the area and it even appears in the Domesday Book.  Nowadays, Coombe is a prestigious residential location, and house prices in the area commonly run into the millions. Located just 10.8 miles from central London and surrounded by acres of beautiful parkland, the area is also home to some stunning Grade II listed buildings such as Warren House and Cedar Court.  Notable residents, past and present, include Prince Adolphus, Duke of Cambridge, great-great-grandfather of Queen Elizabeth II, Ronnie Wood of The Rolling Stones and television personality Jimmy Tarbuck.


The area also boasts one of England’s most highly rated and traditional golf courses.  Coombe Hill Golf Club opened on 30th May 1911.  The Rt. Hon. Winston Churchill, then Home Secretary, was an early member of the Club, and he was known to have played the occasional round of golf with Herbert Henry Asquith, Prime Minister at the time.

Detached House for sale Henley Drive

If the idea of residing in an area with such a rich history appeals to you, then you need look no further: these stunning, newly-built, detached family homes are set on a private, tree-lined road in Coombe. They have been designed meticulously for the modern family and provide light and airy living spaces, striking fixtures and fittings, all with a superb quality finish.

Why not pop into Jackson-Stops & Staff in Wimbledon Village and we’d be delighted to show you round the properties and answer any questions you may have.





December 19, 2016

Strictly provides all the right moves!

Filed under: Latest News — Tags: , , , , — JSS London @ 12:58 pm

dancing-929818_1920This weekend saw the sparkling finale of Strictly Come Dancing on our television screens – a race, or rather, a quick step, between Danny Mac, Ore Oduba and Louise Redknapp. The hot-footed winner, Ore, was the dancer who lifted the coveted Glitterball Trophy and described his win afterwards as being the ‘most unexpected moment of my life’.

Has the hard work of the contestants left you feeling inspired to learn the difference between the Rumba and the American Smooth? Wanting to dance the Maypole or the triple step?

If so, why not enquire at Kelly’s Dance Studios on Park Road in Hampton Wick, located nearby to our Teddington office on the High Street. The Studios were established 35 years ago and provide the opportunity to take your first steps in many different dance styles.


Detached House to rent Park Road

Our Teddington Lettings team is currently marketing a wonderful seven bedroom house on Park Road,  just a few short (dance) steps from the Studio. The property was originally formed of two dwellings and now boasts c.4,400 sq ft of accommodation. With a reception room measuring c.40ft by c.23ft you could transform it into your very own private dance space.

The property enjoys a wonderfully creative past and previous residents have included Joan Armatrading, the legendary, three times Grammy nominated British singer and songwriter.

Why not waltz on down to our Jackson-Stops & Staff Teddington Team, we would be delighted to quick step you over to the property in double time.


July 15, 2016

Three weeks on: how the London market has reacted to the EU Referendum vote

Filed under: Latest News — Tags: , , , , , — JSS London @ 3:05 pm

Ref graphicOur London Research Department assesses the reaction within the property market following the vote to leave the European Union, as at 15th July 2016.

The result of the Referendum was announced three weeks ago and although it is too early to gauge any marked trend in the property market, the immediate response evidenced by our offices appears relatively moderate.

Caution among buyers, sellers and EU tenants stemming from the uncertain economic and political position of withdrawing from the EU, which was very obvious in the months leading up to the vote, still resonates in the Press. However, looking at new demand for residential property from applicants registering their interest in buying or renting across our London offices, we have not detected any notable downturn in demand following 23 June.

The graph below shows the weekly average for the past three months of applicant registrations including the three week period following the Referendum.

main graph - JSS












Among our London network of offices, there has been no significant fall in demand in the sales market which is relatively stable, just below its three month average. Demand for rental property started to gain momentum in the weeks leading up to the vote and has continued to increase since 23rd June.

The Sales Market

To help gauge pressure on house prices, we compare the proportion of those new entrants into the market registering interest to buy against those interested in selling. Our offices have seen a fairly steady ratio of three applicants to every seller over the past six months.

sales ratio - jss












However, despite relatively steady demand, transaction numbers have fallen and the market is likely to see a continuation of the lower number of sales across London in 2016 compared with last year. That has and will continue to be most pronounced at the high end, which has a greater degree of price sensitivity with the market still adjusting to the Stamp Duty reforms. In the prime central regions where overseas demand is more significant, the value of the Pound Sterling has made buying UK property cheaper. For example, for the Indian Rupee or the United States Dollar, the Pound is currently 13% lower than on the day of the Referendum. This ‘discount’ should attract investors and those looking to buy in London, especially those holding a medium to long term view. Despite the uncertainty over the future of Britain’s trading position, London is still likely to retain its ‘safe haven’ status. It is seen as one of the world’s leading Capital cities where its history, diverse architecture, quality of life and overall appeal to the international community is unique. Significantly, London’s resilience to previous major economic downturns has been proven.

In the lower value and peripheral areas of London where demand for housing is more heavily influenced by mortgage markets, the fact that the base interest rate has just been held at its record low of 0.5% and may be reduced in due course will support buyers’ ability to purchase. This bodes well for those re-mortgaging or new entrants to the housing market. Lenders may be rigid in passing on lower rates and still be strict on loan to value ratios but the historic low cost of borrowing will continue to underwrite demand and thus support prices.

However, what we are likely to see in London is greater price sensitivity and thus lower capital growth. In May, the Chancellor suggested that property values in the UK could be 10-18% under their expected trend by mid-2018 because of a short term economic shock following our withdrawal from EU membership. London is arguably most at risk due to being the least affordable region in the UK but the very constrained supply, low interest rates and our Capital’s institutional factors will help support prices. The Nationwide House Prices Index recorded London prices had grown 10% in the 12 months to July 2016. Therefore even with a fall in demand, it would need to be significant to stop annualised capital growth.

We have seen certain purchasers seeking to take advantage of the uncertainty by making offers well below asking prices and some vendors have agreed to discounts. However, we have also seen some record and full asking prices achieved which indicates that some purchasers are taking a longer term view over the value of properties they are purchasing.

The Lettings Market

Not unsurprisingly the lettings market has shown greater resilience than the sales market to the uncertainty leading up to the Referendum and continues to do so. On average, we have witnessed an increase in activity for those looking to rent a property. Comparing the ratio of prospective tenants to landlords, there has been some variation over the past six months but in the last three months there have been progressively more tenants seeking rented property across our London network. However this does mask some regional variations where those offices more reliant on European and corporate tenants have not seen such resilience.

lettings ratio - jss













Although both sales and rental demand appear to be stable following the vote to leave, Britain has not begun the negotiations of withdrawing from the EU and until the mechanics of re-establishing our trading positions have taken hold we will not know the extent of any adverse consequences. However we now have greater political stability with the rapid succession of our new Prime Minister and the swift appointment of a new Cabinet. The FTSE 350, which is more representative of British commerce, is at a higher level than before the Referendum as is the FTSE 100. The Bank of England is strategically ready to counter any downturn in economic activity through quantitative easing, relaxing commercial lending criteria and reducing the base interest rate. The Treasury may also implement fiscal measures such as reducing corporation tax to encourage more investment. The new Chancellor has already announced that he will aim to ‘scale back austerity’ and has pledged to ‘protect the City’. This improved political and economic position will encourage greater confidence and should help support prices.

Rob JSSS issue - CroppedRobert Butterworth
Head of London Research Department

Disclaimer: Any figures, commentary and opinion published in this report is for general information only and in no way intended as financial advice and should not be relied upon in any way. Jackson-Stops & Staff assumes no responsibility for any loss from the use of any material in this report.

July 13, 2016

The Lure of London and Super Surrey

Filed under: Latest News — Tags: , , , , , , — JSS London @ 3:11 pm

Tim Firth BW

Tim Firth, Director Weybridge Sales

Tim Firth, Director of Sales for Jackson-Stops & Staff’s Weybridge branch, comments:

  1. What sort of person makes this return to London – is it all about empty nesters, early retirees, or younger people just fed up of being away from London and sitting on the drain? Who are the archetypal returners?

Over the past six months we have noticed a real increase in the number of retirees and grandparents in particular that are moving back to the London suburbs. They are looking to downsize and favour locations such as Wimbledon and Battersea, which are still very residential but close enough to the city to offer easy access to all amenities.

  1. What are the key reasons they want to move back to London? What do they tell you about why they feel they’ve had enough of the Home counties and commuting?

The primary reason for the move among this demographic is to look after grandchildren. Very often, there is real comfort is moving to be closer to their family, particularly if a partner has passed away and they are now living alone. For the younger family, with childcare costs in London at such high levels, this is often a great solution which ensures that the grandparent is now a closer part of the family unit.

  1. What sort of property are they typically selling – a large country house, family home in a town, flat …

Typically, they are moving from large family homes they have lived in for around 20 years.

  1.  What sort of property do they want to buy? And why?

They now want to live in relatively spacious, modern lateral apartments, which also benefit from great views. Something that is low maintenance but which appeals to their lifestyle is key.

  1. What locations do they seem to prefer, and why?        

Their preference appears to be prime South West London, which is generally where their children live. This area also offers fantastic housing stock and is well served by transport links so it is often a relatively easy decision on where to locate themselves.

  1. If I assume that most will end up with smaller properties is this simply because the equity they have won’t stretch as far in London? Or is it a positive choice to have a lower maintenance, cheaper to run home? Or a bit of both?

In our experience, they often want to move to smaller properties not only because they are more manageable but chiefly for future financial planning. Smaller properties cost less which frees up capital, ensuring that they have enough equity later on in life. At present, it is usual to purchase at around 50% of the value in which they are selling.

  1. Do you think this sort of mover is increasing/decreasing? and if so, why.

The migration of retirees back to London is certainly increasing as grandparents play a more important role in their grandchildren’s lives. In addition, increases to house prices over the past few decades means that many are now relatively cash rich if they sell so there is an appeal to moving back to London and being able to enjoy all of the cultural amenities available.

Tim can be contacted on 01932 821160 in our Weybridge branch for more information

July 8, 2016

A Word from Catherine Hanley

Filed under: Latest News — Tags: , , , — JSS London @ 10:59 am

Catherine Hanley Colour

Catherine Hanley, Lettings Manager

Catherine Hanley, our Lettings Manager in Holland Park, tells us about her month:

What has been the most challenging aspect of your month?
Obviously we have to mention the Brexit! Prior to the vote, a number of our Landlords were asking about how the market would be affected if we stayed in or left the EU, and there was a palpable sense of nervousness. However, despite all the uncertainty we have had one of our busiest months ever and have agreed a large number of lets. Many of these have been agreed at asking price, with new Tenants moving in quickly, thus avoiding lengthy void periods for the Landlord.

What has been the most surprising thing to happen to you?
I went to value a property recently with a colleague of mine. I was asked by the Landlord whether I had any objections to birds, as they had a parrot; as an animal lover, I had no issue at all, but that was until I realised that the parrot in question was quite vocal. Instead of coming out with the usual ‘pretty Polly’ phrases, it had learnt much more colourful language (more colourful than the parrot itself) that left both my colleague and me blushing.

What has been the most unusual question or request you’ve received from a client?
We had an applicant register recently who wanted to rent a property which would cater for their extensive wine collection – 1,002 bottles to be precise!

Do get in touch with Catherine to discuss your own letting or renting requirements, she would be delighted to help.

June 15, 2016

When to market your property…..

Filed under: Latest News — Tags: , , — JSS London @ 11:00 am

Property sells throughout the year and not always when you expect. I often have discussions with home owners as to the best time to bring a property to the market, is there one? The key to all house sales, whoever you are selling to, is to make sure your property is presented to the full spectrum of buyers looking at that particular time.

board-928378_1920There are three times of the year when new applicant registrations go up noticeably, these are after the major school holidays and once a new school term has settled into its routine. So late January, after Easter and mid September and statistically these spikes of activity last for a couple of months. However these are also the times when most property comes to the market so the supply and demand equation does not necessarily work in your favour.

Many property sellers ‘want to wait until the Spring when the garden looks it best’ – what should be remembered is that so does everyone else’s and buyers have more choice at that time of year.

On the flip side, launching your property in the middle of August or middle of December can ruin the initial flurry of activity but there will still be a few ‘possibly perfect’ buyers looking.

In summary then there is no perfect time so long as you sell when you want to not when you need to.  Tim Firth, Weybridge Sales, timfirth@jackson-stops.com 01932 821160

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