Beresfords Residential Magazine - issue 21

21st Edition

Residential

Beresfords TV: Bringing property to life!

experience: the difference

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.”

“ 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!”

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: BILLERICAY

01277 658666

BRAINTREE

01376 348666

BRENTWOOD

01277 218151

CHELMSFORD

01245 500666

COLCHESTER

01206 763333

HAVERING

01708 222211

Country Homes: CHELMSFORD

01245 397475

Julie and Ari Ciobanu

FOR FURTHER INFORMATION ON BERESFORDS MORTGAGES CONTACT 0800 389 9986

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

Sales:

1st January and 31st July 2010.Your home may be repossessed if you do not keep up repayments on your mortgage.

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

CALLING ALL FIRST TIME BUYERS...

Beresfords will shortly be holding the following first time buyer events: Colchester - Saturday 18th September

Hornchurch - Saturday 2nd October

10-5pm. 37 Long Wyre St, Colchester.

Tel: 01206 764444

10-5pm. 135 High St, Hornchurch.

Tel: 01708 474034

Shenfield - Saturday 25th September

Chelmsford - Saturday 9th October

10-5pm. 68 Hutton Rd, Shenfield.

Tel: 01277 212111

10-5pm. 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.

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

R O G ?

IN TY L L ER SE OP F O PR G A IN G K IN IN T H T T LE

RESIDENTIAL SALES Sales

NOAK BRIDGE £135,000

BILLERICAY £295,000

Billericay: 01277 626262

Billericay: 01277 626262

BILLERICAY £489,950

BILLERICAY £550,000

Billericay: 01277 626262

Billericay: 01277 626262

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

BILLERICAY £579,995

BILLERICAY £589,995

BILLERICAY £865,000

BILLERICAY £940,000

Billericay: 01277 626262

Billericay: 01277 626262

Billericay: 01277 626262

Billericay: 01277 626262

DUNMOW £244,995

MONKEN HADLEY £249,995

BRAINTREE £249,995

GREAT NOTLEY £299,995

Braintree: 01376 348444

Braintree: 01376 348444

Braintree: 01376 348444

Braintree: 01376 348444

GREAT NOTLEY OIEO £300,000

RAYNE £309,995

BOCKING £314,995

SIBLE HEADINGHAM £315,000

Braintree: 01376 348444

Braintree: 01376 348444

Braintree: 01376 348444

Braintree: 01376 348444

BRENTWOOD £174,995

INGRAVE £220,000

ONGAR £250,000

BRENTWOOD £429,995

Brentwood: 01277 231515

Brentwood: 01277 231515

Brentwood: 01277 231515

Brentwood: 01277 231515

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

RESIDENTIAL SALES Sales

GREAT WARLEY £499,995

BRENTWOOD £565,000

CLEMENTS PARK £640,000

BRENTWOOD £750,000

Brentwood: 01277 231515

Brentwood: 01277 231515

Brentwood: 01277 231515

Brentwood: 01277 231515

CHELMSFORD £207,500

CHELMSFORD £237,950

TILE KILN £289,950

CHELMSFORD £295,000

Chelmsford: 01245 500555

Chelmsford: 01245 500555

Chelmsford: 01245 500555

Chelmsford: 01245 500555

CHELMER VILLAGE £319,995

GREAT BADDOW £369,950

CHELMSFORD £450,000

LITTLE WALTHAM £575,000

Chelmsford: 01245 500555

Chelmsford: 01245 500555

Chelmsford: 01245 500555

Chelmsford: 01245 500555

STANWAY £139,995

WEST COLCHESTER £189,995

COLCHESTER £249,950

WEST COLCHESTER £269,995

Colchester: 01206 764444

Colchester: 01206 764444

Colchester: 01206 764444

Colchester: 01206 764444

COLCHESTER £325,000

STOKE BY NAYLAND GUIDE PRICE £375,000

COPFORD £389,995

BRAISWICK £645,000

Colchester: 01206 764444

Colchester: 01206 764444

Colchester: 01206 764444

Colchester: 01206 764444

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COLLIER ROW £195,000

HAROLD HILL £199,995

RISE PARK £295,000

COLLIER ROW £325,000

COLLIER ROW £365,000

Collier Row: 01708 730707

Collier Row: 01708 730707

Collier Row: 01708 730707

Collier Row: 01708 730707

Collier Row: 01708 730707

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

RESIDENTIAL SALES Sales

ROMFORD £139,995

GIDEA PARK £149,995

Gidea Park: 01708 730255

Gidea Park: 01708 730255

ROMFORD £209,995

HAROLD WOOD £219,995

Gidea Park: 01708 730255

Gidea Park: 01708 730255

HORNCHURCH £239,995

GIDEA PARK £265,000

GIDEA PARK £279,995

GIDEA PARK £374,995

Gidea Park: 01708 730255

Gidea Park: 01708 730255

Gidea Park: 01708 730255

Gidea Park: 01708 730255

HORNCHURCH £149,995

HORNCHURCH £199,995

HORNCHURCH £259,995

HORNCHURCH £289,995

Hornchurch: 01708 474034

Hornchurch: 01708 474034

Hornchurch: 01708 474034

Hornchurch: 01708 474034

HORNCHURCH £295,000

HORNCHURCH £499,995

EMERSON PARK £599,950

EMERSON PARK £975,000

Hornchurch: 01708 474034

Hornchurch: 01708 474034

Hornchurch: 01708 474034

Hornchurch: 01708 474034

STOCK £299,950

INGATESTONE £375,000

MOUNTNESSING £555,000

INGATESTONE GUIDE PRICE £600,000

INGATESTONE £1,150,000

Ingatestone: 01277 350505

Ingatestone: 01277 350505

Ingatestone: 01277 350505

Ingatestone: 01277 350505

Ingatestone: 01277 350505

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

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

“Should I Buy or Rent a property?” the first time buyer part of the market which is probably the most frequently is often favoured by investors. asked question alongside “How “ Excellent opportunities for much is my property worth?” those considering buy-to-lets”. that an estate agent is asked.

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.

“ Demand for private rented property will remain strong”.

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.

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.

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%.*’

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!

‘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’.

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 investment-team@beresfordsgroup.co.uk.

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

*Rates

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

correct at time of going to press.

I N V E S T M E N T P R O P E RT I E S Investment Properties

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

COLCHESTER | £119,950 Within walking distance of Colchester town centre is this 2 bedroom apartment offered with no onward chain.

EXPECTED RENT: £550 PCM

COLCHESTER | £119,995 2 bedroom apartment within easy reach of Colchester North station and close to local amenities.

EXPECTED RENT: £575 PCM

COLCHESTER | £124,995 Located close to the town centre is this 2 bedroom house, benefiting from off road parking.

EXPECTED RENT: £600 PCM

Colchester: 01206 764444

Colchester: 01206 764444

Colchester: 01206 764444

CHELMSFORD | £168,000 2 bedroom detached property within close proximity of Chelmsford town centre.

EXPECTED RENT: £650 PCM

GREAT BADDOW | OEO £200,000 4 bedroom property in need of modernisation offered with no onward chain.

EXPECTED RENT: £875 PCM

CHELMSFORD | £199,995 3 bedroom end of terrace house situated close to the local school and amenities.

EXPECTED RENT: £850 PCM

Chelmsford: 01245 500555

Chelmsford: 01245 500555

Chelmsford: 01245 500555

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.

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.

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

Go to www.beresfordsgroup.co.uk and click on Newsletter or email website@beresfordsgroup.co.uk to register

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

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

RESIDENTIAL LETTINGS

BILLERICAY £675 pcm

BILLERICAY £1,050 pcm

BILLERICAY £1,795 pcm

Billericay: 01277 658666

Billericay: 01277 658666

Billericay: 01277 658666

RAMSDEN BELLHOUSE £4,500 pcm

STOCK £6,700 pcm

WITHAM £595 pcm

Billericay: 01277 658666

Billericay: 01277 658666

Braintree: 01376 348666

BRAINTREE £695 pcm

BRAINTREE £735 pcm

BLACK NOTLEY £795 pcm

GREAT LEIGHS £1,750 pcm

Braintree: 01376 348666

Braintree: 01376 348666

Braintree: 01376 348666

Braintree: 01376 348666

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

R O G ?

IN TY L L ER SE OP F O PR G A IN G K IN IN T H T T LE

RESIDENTIAL LETTINGS Lettings

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

BRENTWOOD £1,500 pcm

BRENTWOOD £1,500 pcm

Brentwood: 01277 218151

Brentwood: 01277 218151

BRENTWOOD £2,150 pcm

HUTTON £2,950 pcm

Brentwood: 01277 218151

Brentwood: 01277 218151

SHENFIELD £3,250 pcm

WRITTLE £550 pcm

GREAT BADDOW £950 pcm

COOKSMILL GREEN £1,200 pcm

Brentwood: 01277 218151

Chelmsford: 01245 500666

Chelmsford: 01245 500666

Chelmsford: 01245 500666

DANBURY £1,400 pcm

CHELMSFORD £1,600 pcm

ROWHEDGE From £600 pcm

NORTH COLCHESTER £625 pcm

Chelmsford: 01245 500666

Chelmsford: 01245 500666

Colchester: 01206 763333

Colchester: 01206 763333

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ARDLEIGH £675 pcm

SOUTH COLCHESTER £950 pcm

WEST BERGHOLT £1,150 pcm

ROMFORD £800 pcm

Colchester: 01206 763333

Colchester: 01206 763333

Colchester: 01206 763333

Havering: 01708 222211

UPMINSTER £950 pcm

HORNCHURCH £1,200 pcm

UPMINSTER £1,200 pcm

GIDEA PARK £2,300 pcm

Havering: 01708 222211

Havering: 01708 222211

Havering: 01708 222211

Havering: 01708 222211

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

RESIDENTIAL SALES Sales

HUTTON £395,000

SHENFIELD £525,000

HUTTON POPLARS £595,000

Shenfield: 01277 212111

Shenfield: 01277 212111

Shenfield: 01277 212111

SHENFIELD £799,950

HUTTON £815,000

SHENFIELD £849,995

Shenfield: 01277 212111

Shenfield: 01277 212111

Shenfield: 01277 212111

HUTTON £1,175,000

HUTTON MOUNT £1,275,000

CRANHAM £249,995

Shenfield: 01277 212111

Shenfield: 01277 212111

Upminster: 01708 222200

UPMINSTER £259,000

UPMINSTER £324,995

UPMINSTER £348,000

UPMINSTER £379,995

Upminster: 01708 222200

Upminster: 01708 222200

Upminster: 01708 222200

Upminster: 01708 222200

CRANHAM £410,000

UPMINSTER £450,000

WEST HORNDON £595,000

HIGH EASTER £289,995

Upminster: 01708 222200

Upminster: 01708 222200

Upminster: 01708 222200

Writtle: 01245 420880

GOOD EASTER £349,950

ROXWELL £720,000

WRITTLE £745,000

WRITTLE £1,050,000

Writtle: 01245 420880

Writtle: 01245 420880

Writtle: 01245 420880

Writtle: 01245 420880

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

NEW HOMES Latest New Homes Developments

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HONYWOOD GARDENS, CHELMSFORD Two bedroom bungalows for independent people over 55.

PRICES FROM £299,995 Chelmsford: 01245 500555

OAKLEY MANOR, GALLEYWOOD Exclusive development of only three four bedroom family houses.

PRICES FROM £550,000 Chelmsford: 01245 500555

LIONS ROW, BRENTWOOD Prestigious small development of stunning two bedroom apartments.

PRICES FROM £309,995 Brentwood: 01277 231515

COLLINS GREEN, MESSING Outstanding collection of four, five and six bedroom homes in an award winning village location.

PRICES FROM £335,000 Colchester: 01206 764444

Making homes out of locations

Come and see what makes a Crest Nicholson home different Clarion Gate | Great Baddow 1 & 2 bedroom apartments from £169,500 Chelmsford 3 & 4 bedroom houses from £270,000

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

1 & 2 bedroom apartments from £183,000 n Sleek fitted kitchens with Bosch integrated appliances n Internal landscaped courtyard n Excellent access to the M25, M11 and A12

Marketing Suite & Show Apartment open daily 10am to 5pm Telephone: 0870 757 8384 Email: base@crestnicholson.com Selling Agents: Beresfords 01277 231 515

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

n Contemporary specification throughout n Less than 2 miles from Chelmsford town centre and station n Close to excellent schools and local amenities

Marketing Suite & Show Homes open daily 10am to 5pm Telephone: 0870 757 8184 Email: clariongate@crestnicholson.com Selling Agents: Beresfords 01245 500 555

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

www.crestnicholson.com *Subject to availability and Crest Nicholson’s terms and conditions. Prices correct at time of going to press E_COMP230710BRM120x194F1.indd 1

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

21/7/10 09:53:30

C O U N T RY H O M E S Country Homes

RIVENHALL £425,000

BOCKING £650,000

Country Homes: 01206 764000

Country Homes: 01206 764000

RIVENHALL £745,000

BLACKMORE GUIDE PRICE £1,800,000

Country Homes: 01206 764000

Country Homes: 01245 397475

ONGAR £1,000,000

BOREHAM GUIDE PRICE £2,000,000

Country Homes: 01245 397475

Country Homes: 01245 397475

www.beresfordsgroup.co.uk