Brik Property Magazine - Q1 2019

Q1 19 LONDON PROPERTY & LIFESTYLE MAGAZINE

WHERE ARE WE? After an uncertain time in the London property market, let's take stock of where we find ourselves before we put our best foot forward into 2019.

OLIVER BONAS 2 brik.co.uk

7.2million

2001

2.3million

2025

2014

5.4million

CONTENTS

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If like many, you've been battening down the hatches on any thoughts of 'property' over the last few years, now might be the time to stick your head above the parapet.

Tactile House is a split-level, beautifully designed family home in Dulwich. A varied playground of textures and materials for interactive shared-living defines this unique family focused home.

In April of this year, a Tenant Fee Ban will come into effect. This means that landlords and agencies will no longer be able to charge for items including charging for a guarantor, inventories, cleaning services, references, admin and more.

26 WALL LIGHTS

32 SELLER’S GUIDE

Interior designers Magenta Pink pick out some truly unique wall lamps to add that 'je ne sais quoi' to any room.

Whatever your situation, Josh Woodfin has you covered with advice on how to sell your home in the current market.

WHERE ARE WE?

TACTILE HOUSE

NEW TERMS

Highlighting recent renovations and refurbishments carried out by London's finest developers and designers.

10 BRIKOLAGE

16 FORGET 50 SHADES! Become a style leader by understanding the changes that are coming in 2019.

20 PRETTY LITTLE THINGS

22 BUYER’S GUIDE

29 HOME 2.0

Advice from the experts on taking advantage of a buyer's market and securing that great deal.

The very latest home and lifestyle gadgetry to keep your home current in 2019.

36 PROPERTY GALLERY

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34 SHOWCASE

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CONTRIBUTORS

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JOSH WOODFIN Property Journalist

MARC DA SILVA Property Journalist

JAMES MUNCASTER Capricorn Financial

Josh Woodfin is a writer and editor with nearly 10 years' experience including credits with the Guardian, House, Esquire, and numerous other high-profile magazines and websites. His interests include antique maps, cooking with fish, and post-apocalyptic thrillers. He once beat Usain Bolt in a race... with an 80-metre head start.

Property journalist, Marc Da Silva, has an encyclopedic knowledge of all things property having written for a range of publications, including the Daily Mail, Daily Express, Sunday Business Post and A Place in the Sun, amongst others.

James is a Senior Mortgage Broker for Capricorn Financial. Having been in the industry for 15 years, with 10 of those with Capricorn, James has met a wide range of client types and come up with solutions for a vast array of circumstances.

KATE THORNTON Magenta Pink Interiors

VERONICA LUCEY Magenta Pink Interiors

ROWENA VAUGHAN RJV Designs

Kate Thornton is a partner at Magenta Pink Interiors. She formerly worked in a Barristers’ Chambers but having renovated several houses of her own decided to re-train and set up Magenta Pink Interiors in 2010 with friend and business partner Veronica Lucey.

Veronica Lucey is a partner at Magenta Pink Interiors, a Fulham based interior design studio. She previously worked in advertising but decided to follow her passion for interiors and changed careers in 2010 setting up Magenta Pink Interiors with friend and business partner Kate Thornton.

Rowena studied interior design at London’s prestigious Chelsea School of Art (UAL). She has over 20 years' experience refurbishing everything from a simple residential bathroom to the Crockfords Casino Mayfair.

HOTEL

Vora D ESTINATION

Santorini, Greece ORIGINAL

Yannis Bellonias

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“I wanted to find a piece of land perched on the cliffs of the caldera, overlooking the volcano and the famous sunsets of Santorini. And when I did, I created a look that mixed minimalistic Cycladic design with a soothing palette of beiges and grays that reflect the eternal feel of the island.”

The bold hospitality philosophy of Yannis Bellonias, the Original behind Vora, perfectly captures the singular beauty and spirit of Santorini.

At Design Hotels ™ we believe in the power of creative expression. That’s why each of our 295-plus handpicked independent hotels reflects the ideas of a visionary who is raising the bar on design.

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Made in Britain, Built to Last

www.roundhousedesign.com West End | Clapham | Fulham | Richmond | Cheltenham | Guildford telephone 020 7297 6220 | sales@roundhousedesign.com

PROPERTY MARKET

AN OASIS MIGHT BE IN SIGHT Fulham’s housing market shows strong signs of recovery

MARC DA SILVA Property Journalist

Many sellers in London recognised the need to price realistically to get properties sold before Christmas and lowered their demands accordingly in a bid to lure in cautious buyers.

Some buyers saw the pre-Christmas price lull as a gift to their negotiations.

Asking prices in the capital fell 1.7% in November, according to

Property prices in inner London have seen the sharpest monthly decline, with values from October to November 2018 dropping 2.5% to an average £754,726. But activity has picked up, albeit marginally, thanks mainly to lower prices.

£754,726 AVG

Miles Shipside, Rightmove director and housing market analyst, said: “Some buyers saw the preChristmas price lull as a gift to their negotiations.”

Prime Central London’s (PCL) market has seen one of the most noticeable price drops over the past year, underlined by a slowdown in high-end residential areas such as Kensington and Chelsea.

According to LonRes data consultancy, which monitors transactions across PCL, prices are down 3% year-on-year, as asking price drops continue to accelerate.

But as central London flounders, activity is picking up across some prime regions outside PCL, creating an inner/outer divide in the capital fuelled by differing buyer motivations.

While PCL is more investment focused, other areas, like Fulham, generally offer greater appeal for families, with purchasers typically occupying the properties themselves. Fulham, of course, has not been immune to the slowdown that has affected the wider Prime Central London market following tax changes and higher transaction

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U

K house price growth is currently at its lowest level since May 2013 amid political uncertainty, but the outlook is not gloomy and there is life in the market beyond Brexit.

2.5%

WORDS

Rightmove, marking the largest drop since 2012, with London’s sluggish housing market continuing to see a sharper drop than any other UK region.

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AM

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ALWAYS BE PREPARED When stepping foot into unfamiliar territory it always pays to come equipped and well prepared for any situation. Before buying, selling, renting or letting do your research online and speak to local estate agents that know the territory. Estate agents are a valuable resource for free advice, and it's only a phone call away.

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WALKING IN CIRCLES If you’re at an impasse and there seems to be no sign of progress don’t be afraid to make a change to your approach. The property you’re trying to sell isn’t receiving any viewings or offers? Maybe it’s time to drop the price. Desperate to live to a particular area, yet nothing you’ve seen is right? Perhaps consider a different location altogether. Don’t be afraid to make a mistake, be afraid to make it twice.

FOLLOW THE STARS Although the future of the property market isn’t quite written in the stars, it’s still wise to look towards the horizon rather than down at your feet. More often than not the market tends to move in trends. Of course everyone wants to make the most, or get the best deal when it comes to their sale or purchase. But consider the opportunity cost of changing your plans based on small fluctuations. It's often more than you expect.

PROPERTY MARKET

With more properties in Fulham now on the market at asking prices that meet buyers’ expectations, appropriately-priced property is quickly attracting offers and that is why we expect trading volumes to increase as we head into 2019.

The market uplift in and around Fulham is in contrast to the performance of neighbouring Kensington and Chelsea, as needsdriven buyers move for schools or work and upsize to family homes in the local area.

LETTING There has been a spike in rental market activity in recent weeks, thanks in part to an increase in the number of properties available to let in the private rented sector.

2016

£1,478,366 £1,092,465

£1,476,283 £1,015,106

Stephen Watson, managing director of Agency Express, commented: “If we look back at historical data recorded by the Property Activity Index, we can see that a slowdown is usually anticipated in October.

This month we have seen a spike in activity.”

2014

£1,335,998 £969,564

£1,286,329 £792,565

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But while high taxes and uncertainty remain a drag on progress, prices do appear to be bottoming out and this is enticing prospective buyers, as reflected by a surge in the number of applicants registering with Brik’s sales department.

According to the latest figures from the Agency Express Property Activity Index, the percentage of properties ‘to let’ in London increased by just over 15% in October, and that contributed towards a 30% rise in the number of properties ‘let’ last month - higher than any other region in the UK.

Average Asking Price in Greater London

2012

PROPERTIES TO LET IN LONDON

15%

Average rents have increased above both inflation and average wage growth.

2018

costs, reflected by the drop in local prices over the past couple of years – a rate of decline that is broadly in line with the average fall across prime south-west London.

Strong demand from renters has helped to drive up the cost of renting property in London, with tenants in the capital facing a 4% jump year-on-year, according to the latest data from referencing firm HomeLet, which is based on new lets agreed by landlords and letting agents.

“Average rents have increased above both inflation and average wage growth,” said Martin Totty, chief executive at HomeLet. Over the past 12 months, rental values in London, much like house prices, have rebased and certain markets have responded more quickly than others, and Fulham is one of those.

Fulham

Greater London

NEWS & INTERESTS

BRIKOLAGE BREATHING HOUSES ARCHITECTURE

ROEWU architecture

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This project, created by the awardwinning Roewu Architecture, takes its inspiration and design from the forces and formations of weather.

The distinctive forms of the houses allow wind to flow between them, whilst the courtyards induce vertical ventilation bringing a constant flow of cool air throughout the property.

Internal air movement is encouraged through the use of double-height spaces and, in turn, the houses are able to breathe, exchanging air with the surroundings, feeding back into the environment whilst taking cool fresh air from the forest.

INVISIBLE LANDSCAPES

WHERE ARE WE?

EXHIBITION

ON THE COVER

Until 1 April 2019 at the RA Architecture Studio

The gold rush on London property that saw prices rise by nearly 30% ended with a cold winter in 2014 starting with the Scottish Referendum. Next followed elections and then the endless political debate around Brexit, and the subsequent uncertainty on an epic scale. If, like many, you've been waiting to make your move whilst all this plays out you may be wondering where are we now? We hope to shed some light on that.

In the modern age, digital technologies are frequently seen as a solution for cooperating and living in a globalised world, connecting people and places effortlessly and efficiently. Discover how digital technologies are transforming lives and everyday environments in a series of projects inside the RA’s new Architecture Studio.

NEWS & INTERESTS

ALPHA GADGET

The ALPA 12 TC Camera

STARLINK

FUTURE TECH Starlink is an ambitious, SpaceXowned project, seeking to offer unrivalled global Internet connectivity and speed. Satellite launches are scheduled to begin in 2019 and be completed by 2024.

Starlink’s satellites will be located just 210 to 750 miles above the ground, one of the lowest satellite constellations ever launched.

Starlink hopes to offer Internet speeds of 1,000 Mbps, comparable to 5G (about 1,400 Mbps).

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ALPA is one of the few manufacturers of cameras in Switzerland. They fashion outstanding, beautifully crafted cameras to a global market, offering instruments that are precise, balanced and produced with passion for a small group of connoisseurs. A physical appearance akin to that of cameras from the mid 1800s fluently integrated with modern elements make for an incredibly unique look. The camera isn’t just about the aesthetic however, it boasts a wide variety of lenses, modular integration with other devices and even an attachment allowing for the user’s mobile phone to act as a viewfinder.

Irrespective of the vintage appearance, the ALPA camera range is straight out of the future.

INTERIOR & DESIGN

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INTERIOR & DESIGN

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TACTILE HOUSE THOMAS & SPIERS

Completed in June 2017, Tactile House is a split-level, beautifully designed family home in Dulwich. A varied playground of textures and materials for interactive family living defines the ground floor spaces. Painted steel beams, exposed brick, plywood and rope screens create individual areas for playing, relaxing and eating whilst keeping a feeling of coupled, organic space. These areas effortlessly flow through steel-framed doors and windows to the raised terrace and planting beds before falling towards the

garden. The upper floors are reconfigured to open up bedrooms and bathrooms with a focus on shaping modern and clear interiors. Unique features, such as the reading nook in the upstairs loft, provide spaces to relax with natural light and joinery for useful storage. Thomas & Spiers worked closely with the client on this project to create a personal, unconventional and warm-hearted home designed to be shared, loved and lived in.

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INSPIRATION TRANSMISSION

LANDLORD’S GUIDE

NEW TERMS A New Legislation for 2019 – What Does it Mean For You?

WORDS

JOSH WOODFIN Property Journalist

I

criminal offences or alternatively, the landlord can be fined up to £30,000 as a civil penalty and be subject to a banning order.’

The Residential Landlords Association also warns of stiff penalties for anyone found to be deducting fees, stating, ‘where a breach has occurred and a banned fee or payment is taken, tenants will be able to get any money wrongly paid back via the county court. Local Trading Standards are supposed to assist tenants with this in some fashion once it comes into force. In addition, local trading standards will be required to enforce this legislation and will issue a fine of up to £5000 for a first offence. Subsequent breaches are

By 2025, it’s predicted that half of those in the 20-39 year old age group will rent within the UK

*PwC estimate

2025

2014

7.2million

Ages 20-39 in Private Rented Accommodation

5.4million

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There will also be a ban on setting rent at a higher level for the first portion of the tenancy and then

2001

2.3million

14

n April of this year, the Tenant Fee Ban will come into effect.

This means that landlords and agencies will no longer be able to charge for items including charging for a guarantor, inventories, cleaning services, references, admin and more. It will not affect holding deposits, rent, deposits and charges for defaulting on the contract.

lowering it afterwards. This is to prevent landlords or agents trying to offset the ban on fees by increasing the rent for the initial period to make up the costs.

Rental platform, Goodlord, estimates some losses for the industry. "When the Tenant Fee Ban comes into effect in April 2019, the cost to letting agents is estimated to be £157.1m in the first year - or about 22% of an agency’s annual revenue."

A survey carried out by Goodlord revealed that 58% of agents surveyed stated they were either concerned or very concerned with the medium to long-term future of the lettings industry, with 29% of those surveyed seeing it as a serious challenge. So what’s to be done?

While the legislation may lead to some initial drops in income, it’s important to remember that the rental market is healthy, and will likely continue to grow for a number of reasons. According to Goodlord, ‘ "by 2025, it’s predicted that half of

Current average rental prices in Fulham 5 bed 4 bed 3 bed 2 bed 1 bed Studio £310 /pw

£630 /pw

£950 /pw

£1,270 /pw

£1,600 /pw

Current rental price ranges in Fulham 5 bed 4 bed

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3 bed

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2 bed 1 bed Studio £310/pw

£568/pw

those in the 20-39 year old age group will rent within the UK for a variety of reasons, including rising housing prices, lack of housing supply and a desire for more mobility."

Which means you still have a great opportunity to generate income on your property, but it may be a more competitive market, with more power in the hands of the tenant.

However, creating a great

£826/pw

product and service (your property, and the way you manage it) will be a great differentiator and put you in a position ahead of your competitors.

Goodlord’s survey of lettings

£157.1mil

OR22% OF ANNUAL REVENUE LOST

£1,084/pw

£1,342/pw

agents revealed that the greater the service, the greater the success in finding high-quality tenants: 84% surveyed said that providing tenants with a positive experience was extremely important - compared to 93% saying the same about their landlords.

INTERIOR & DESIGN

FORGET 50 SHADES OF GREY Trends for 2019

WORDS

ROWENA VAUGHAN RJV Designs

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T

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rends, who wants to follow a trend? If you don’t want to follow but want to be a style leader you have to understand the changes that are coming, forge your own way and be ready to be bold in your look. Forget 50 shades of grey, colour is the new grey, if that isn’t an oxymoron? Everywhere at the design shows this autumn was colour. Dusky pink, mustard yellow, deep greens and navy blue, sounds awful when written down like that but actually these deep and decadent colours when teamed with luscious and luxurious fabrics like velvet make for deliciously indulgent interiors. Take that Scandi chic with your parred down look!

The coming trends can be categorised in four major trends: URBAN GRAPHIC Full of different shapes and colours.

A loft vibe to the open plan interiors and graphic style with its blocks of colour use of recycled materials

such as terrazzo and particle boards and fun playful use of size and shape.

Forget 50 shades of grey, colour is the new grey, if that isn’t an oxymoron?

NATURAL Where the craftsman’s expertise is comes to the fore. Natural organic materials such as wood, linen, cotton, tweed and leather. The use of wood from the pale of birch and beach contrasted with the very dark stained oak or walnut to give substance to an interior.

ELEGANT STYLE Where the clean modern look is still popular, but the luxury comes from the materials used, dark marbles, rich wood, brass and leather. A timeless elegant style that comes from bold pieces of furniture in natural wood or upholstered in strong deep colours. Lamps and accessories finished in shiny lacquer and beautiful brass. The popularity of the black Crittal steelframed windows shows no sign

of abating, in fact it’s now being used in new areas of the home and office from shower screens to office dividers. There is also a definite trend towards the natural from painted exposed brick to fur covered furniture, large textured woven fabrics, carpets and rugs are also appearing everywhere.

BOHEMIAN MIX Where florals prints mix with real plants to create a feel of abundance.

Expect to see deep dark hues including inky blues and deep greens, burnt orange an rich burgundies. Wallpapers with bright collisions of colour with large lush botanical prints cover everything from wallcoverings to upholstery.

Harlequin Anthology Fabric stylelibrary.com Rocket St George - Mind the Gap Wallpaper rockettstgeorge.co.uk Graham & Green Rustic Woven Baskets grahamandgreen.co.uk Wallpaper by Philip Jeffries phillipjeffries.com

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INTERIOR & DESIGN

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Beija Flor Vinyl Floor Runner rockettstgeorge.co.uk Bathroom by RJV Designs rjvdesigns.co.uk Mosaic Hexagonal Natural Slate rjvdesigns.co.uk

Bedroom by RJV Designs rjvdesigns.co.uk

INTERIOR & DESIGN

L U X URY O U T DO O R LIVING from

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LEISUREPL AN.C O.U K

INTERIOR & DESIGN

PRETTY LITTLE THINGS

20 brik.co.uk LUCENT MIRROR £410 | hauslondon.com COPYCAT GLASS & GOLD TABLE LAMP £500 | conranshop.co.uk MAYOR AJ5 SOFA £4,235 | twentytwentyone.com CLIVE THE CROC TOY-CUSHION €55 | slowdownstudio.com NORMANN COPENHAGEN BLISS CUP £12 | trouva.com

INTERIOR & DESIGN

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HUDSON CEILING LIGHT £299 | madeindesign.co.uk GREY SHELL CHAIR BY HAY £305 | amara.com COPENHAGUE DEUX COFFEE TABLE £315 | insidestoreldn.com ENCLAVE RUG £999 | westelm.co.uk COLLECTED SHOULDER BAG €1,314 | hardgraft.com

BUYER’S GUIDE

IS NOW A GOOD TIME TO BUY? WORDS

JOSH WOODFIN Property Journalist

Y

22

uncertainty of the referendum and the ensuing two years, prices have dropped, across SW London, Central London and the rest of the country. If you have the means, it is definitely a buyer’s market.

slowest growth is expected to be in London, meaning there are plenty of deals to be had.

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Ed Mead, founder of property services company Viewber, told the Financial Times last year, “I think it’s the best time there’s ever been to buy in London,” he said. “Most people sell because they want to buy something bigger. Say you’ve got a £1m house that’s now worth £850,000. You’re trying to buy your dream house, which might have cost you £3m three years ago, and you can probably buy it now for £2.25m. Who’s winning there?”

ou can hear it whispered in offices, pubs, restaurants and parks. Between first time buyers, wannabe landlords, new families and those looking to downsize after the kids have gone… is now a good time to buy?

In November 2018, Rightmove reported a drop in prices of 1.7%, which was the largest price drop in in that month since 2012. The standoff between buyers and sellers is thawing.

Well, while we’re definitely living in uncertain times, the evidence suggest that yes, it is. From the peak prices of 2014, through the

House prices in the UK are expected to rise by 14.8% between 2019 and 2024, in line with rises in average income. But some of the

LONDON BY THE NUMBERS

63,700 homes were granted planning approval in 2017, 18% more than in 2016 based on Figures from the Home Builders Federation (HBF).

The annual ‘Housing in London 2018’ report is the basis for the Mayor’s housing policies for the capital. Here’s a snapshot of some of the interesting quarterly facts and figures, taken from the September 2018 update. And, if you’re interested, you can read the full report at: data.london.gov.uk/housingmarket

41,800 new mortgages advanced to first-time buyers in London in the year to June 2018, down 1% more than in 2016/17.

38,200 Energy Performance Certificates (EPCs) were granted in the year to June 2018 (MHCLG). This is an increase of 1% on the year to June 2017. £475,000 was the average house price in London last summer. A decrease of 1% on the year previous, and is the lowest level of price growth in any English region over that period.

What's the deal?

James Sims from Brik’s sales team has selected a few plum examples from past and present, with prices and spec to suit all needs.

HOUSES

FLATS

5 BED HOUSE

4 BED FLAT

Gowan Avenue

£2,650,000 – 2016 £2,450,000 – 2018

Harwood Road -8%

£1,295,000 – 2016 £1,100,000 – 2017

4 BED HOUSE

3 BED FLAT

Wardo Avenue

£1,840,000 – 2016 £1,500,000 – 2018

Chesilton Road £1,225,000 – 2014 £999,950 – 2018

-18%

-5%

1 BED FLAT

Crookham Road

Campana Road

House prices in Hammersmith & Fulham since 2014

-8%

£900,000 – 2014 £830,000 – 2018

3 BED HOUSE

4.3%

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Epple Road Cortayne Road

St Dionis Road

£1,800,000 – 2015 £1,550,000 – 2018

-18%

2 BED FLAT

4 BED HOUSE £2,100,000 – 2014 £2,000,000 – 2018

-15%

-14%

£576,000 – 2014 £490,000 – 2018

14 % House prices in London overall since 2014

-15%

Responsive & Reliable Property Management 24

4.8

(132) Google

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Hollie has been doing a great job managing our property. She always responds very quickly and eďŹƒciently. Highly reccommend.

Ms E.E

5-star property management One point of contact throughout invoice for repairs

Quick responses

No added commission or extra costs to any

Regular property visits (once per quarter)

holding

Vacant management and secure key

24 hour emergency out-of-hours maintenance company

FINANCE

IMPROVED AFFORDABILITY WORDS

JAMES MUNCASTER

Capricorn Financial

T

he last months of 2018, leading into 2019 have seen some interesting policy changes by lenders and also some potential sounding boards for the next year.

Currently lenders that are PRA regulated are only allowed 15% of their new business to be at an income multiple greater than 4.5.

However, how the lenders use the 15% allocation of new business is open to discussion. Some lenders who may have room on the 15% cap are looking to extend out on income multiples and pilots are starting in 2019 to look at higher loan to income. With FCA regulations around responsible lending, the higher multiples will likely be for higher income earners (sole income

Another area that is in need of attention is the self-employed client.

This is still an area where a lot of lenders get left behind and a true understanding of how businesses are run and the advice clients get on taxation would be a welcome move. Having more lenders that can look at net profit instead of salary and dividend would be good. An even greater leap would be looking at director loan repayments and shareholder funds. Also, with the employment market increasing in flexibility, the increase of selfemployed means lenders are “missing a trick” in a sector of the market that requires change.

BARCLAYS 5.5x income Minimum income £75,000 with 15% deposit

LLOYDS 5x income Up to £500,000 with a 25% deposit

NATIONWIDE 4.75x income

With the launch of Open Banking in late 2018 banks and building societies are now able to share data with each other to make a

client's banking experience easier.

The mortgage industry has also undergone some technological changes and this needs to be embraced if it benefits the client.

Robo Advice was a hot topic for 2018 but over the year there was a demonstrable need for the client to still get advice from a human at the key point in the process. Most consumers are happy to work remotely to a point but still like to speak to someone. Every client has unique circumstances, which need their own experts to advise on the best product. A broker working with the right technology will be able to save the client both time and effort plus being able to streamline the mortgage process.

Capricorn Financial’s platform provider, Smartr365, provides the client the opportunity to complete their information remotely on multiple devices and in their own time. ID verification can be done electronically, bank statements can be accessed using Open Banking, property can have automated and indexed valuations and even pay can be verified directly with HMRC. In a world where speed is in everincreasing demand, having these tools will become more important as 2019 moves forward.

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With lenders looking to increase market share even further, Rate alone is not going to work for all clients. There are some that are looking to increase income multiples for the right clients and right areas. With a couple of highstreet lenders currently able to offer 5.5 times a client’s income, there are plans for 6 times lending for the right clients.

£75k or joint £100k) or for newlyqualified professionals, where the path to a higher income can be proved.

INTERIOR & DESIGN

WALL LIGHTS

26

COMPILED BY

VERONICA LUCEY Magenta Pink Interiors

brik.co.uk

THE COOLIE

THE OGILVY

THE FERN

£84 | pooky.com

£69 | made.com

£595-£850 | villaverde.com

Lovely light from Pooky the small coolie at 24cm with a spring blue metal shade and antiqued silver fitting.

Retro style double wall light in matt black with brass accents. A very stylish wall light at a good price point.

THE BACKSTAGE

THE LUCIA

THE FAYE

£65.99 | maisondumonde.com

£534 | hectorfinch.com

£79 | swooneditions.com

Looks great against a dark wall, this black and gold wall light is adjustable so works well as a bedside wall light.

The Lucia Rise & Fall Wall Light is a wonderful addition to the range and is popular for use in kitchens and living spaces.

The Faye is a Contemporary winner – this beautiful brass plated handspun coolie shade is nicely offset by its slim stem.

THE DAMSELFLY

THE CIRCLE LINE

THE IC W2

£3,816 | ochre.com

£165 | originalbtc.com

£420 | conranshop.co.uk

A visually stunning wall light with cast bronze stems in polished bronze or satin nickel finish, each housing a glass drop illuminated LED.

The Circle Line wall light with hand painted black lines and matching base adds a comtemporary feel to any setting. Also available as a table or pendant light.

The IC W2 wall light forms part of the IC collection by designer Michael Anastassiades for Flos, which explores balance in its most simplified form.

THE COUPOLE

THE ASANTE

THE ONELLA

£295 | heathfield.co.uk

£1,164 | portaromana.com

£90 | johnlewis.com

This distinctive and contemporary Coupole range features striking metal bases presented with many vibrant shade options. The range includes table lamp and floor lamp options too.

Named after the African Asante tribe, the original for this characterful design was inspired by a fossil, and hand-sculpted in clay to achieve its complex texture and shape. Hand-painted in-house.

This striking wall light is constructed from a number of overlapping delicate metal discs. Finished in a beautiful antique brass, the light shimmers through these discs to create a stunning feature point for the wall.

A really unusual wall light handmade in Italy. Comes in over 40 different metal finishes and 3 sizes to suit any space.

INTERIOR & DESIGN

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A F R E S H S TA R T thewhitecompany.com

GADGETS

HOUSE 2.0 The latest gadgets to future-proof your home

WORDS

JOSH WOODFIN Property Journalist

PHILLIPS HUE Brighten the New Year gloom with smartphonecontrolled lightbulbs. You have total control of the mood with these magic little bulbs. They’re compatible with a range of different standards and home control systems including Apple HomeKit, Nest and Samsung SmartThings.

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www.meethue.com £170

NEST THERMOSTAT E You know Nest, the game-changing thermostat that lets you turn the heating on from your smartphone before you’ve even left the office; well meet the new kid on the block. It knows when the house is empty, and will give you kudo (via a Nest Leaf) when you reach an energy saving temperature. And installation has been simplified so you can do it yourself. www.nest.com £189

GADGETS

NETAMO WEATHER STATION Don’t trust the weather on TV or in the papers? Take your own readings with this smart home weather station. The Netamo lets you ‘measure, analyse, and understand your indoor and outdoor environment’, helping you plan your day and find that sweet spot temperature through the cold months. www.netamo.com £130

WITHINGS BODY CARDIO BATHROOM SCALES

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It’s that time of year when resolutions are made, and maybe this nifty gadget will help you stick to them.

These smart scales can tell you your weight, body water content, fat content and more. You can then monitor your weight gain or loss through the Health app on your phone. www.withings.com

£130

MELITTA BARISTA TS SMART Sometimes the obvious ideas are the best. Timerbased hot drink makers have been around for a while. But the Melitta Barista takes it to the next level.

It’ll grind your beans and make a spot-on coffee to the taste of up to 15 pre-programmed profiles. And you can control it from your phone using Bluetooth. www.melitta.co.uk £1,100

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SELLER’S GUIDE

WHO’S SELLING THEIR HOME? Reasons someone may be moving, with tips and advice for the situation

WORDS

JOSH WOODFIN Property Journalist

A 32 brik.co.uk

s stated in the Buyer’s Guide, the ball is currently in their court. Prices in prime South West London have decreased, largely due to insecurities in the market linked to the last two years of uncertainties regarding the referendum. But that certainly doesn’t mean that all is lost for sellers, the market is still active, but there may be instances where you have to adjust expectations, make some smart moves and hold your nerve where applicable. Below we’ve imagined a range of reasons someone may be moving, with tips and advice for that situation.

MOVING OUT OF FULHAM First of all, rude. Fulham is desirable place to live with a limited supply of desirable property. And while there’s a regular cadence of new stock arriving on the market, if you’re looking for something very specific, you may be looking for excuses to leave the area, with one of the most popular being

high prices. You hear whispers of other areas in the city with stunning Victorian and Edwardian homes, maybe it’s worth a look?

Alternatively, you could flip to the Buyer's Guide and see that you have the power to negotiate. Mark Harris, chief executive of mortgage broker SPF Private Clients told The Guardian, “During your ownership of the property, prices may rise and fall, but as a long-term investment the trend has always been positive, and it is more than an investment, it is a home. That said, if you are buying now, I would negotiate hard on the price you pay.”

STAYING IN FULHAM BUT UPSIZING Again, this is about holding your nerve and reminding yourself that through all the noise in the property market, Fulham is a wise place to stay and buy. From location to the type of properties available, people want to live here. You may take a small loss on the asking price of your sale, but you may get that dream 4-bed in the village at a lower price than you ever imagined.

Remember, trends are industry-wide and not just focused on your home.

During your ownership of the property, prices may rise and fall, but as a long-term investment the trend has always been positive, and it is more than an investment, it is a home. That said, if you are buying now, I would negotiate hard on the price you pay.

STAYING IN FULHAM BUT DOWNSIZING In this position you need to run the numbers and find out exactly how much of a reduction in price you need and are willing to accept. You may receive offers at the asking price, just below, or even some joke offers from buyers who’ve bought into the headlines. But certainly offers over the asking price are not common at the moment. Once you have your number, hold your

SELLER’S GUIDE

MOVING OUT OF FULHAM

STAYING IN FULHAM BUT DOWNSIZING

Looking to make a big jump out of the big smoke?

Now may not be the time. As prices move down across London, prices in the country lag behind. Our advice: sell when London next strengthens and you should, fingers crossed, catch the country at a lower level.

Ideally selling for the most in the city and buying at the cheapest in the country.

In markets like this you will likely be the biggest loser. The discount you will be forced to take on your larger-priced sale will be greater than any discount you secure on your onward purchase. This can be a trying time for even the most resilient but it’s important to hold your ground and use any time you have to your advantage to leverage more from your buyers.

Of course though, never at the expense of your life plans.

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Fulham’s the place for you and it’s time to set up camp for the long-term! Yes you won't achieve the giddy heights of the valuation you had from a few years back, but just think of the enormous savings you'll make when you move into the housing market. Nothing's guaranteed of course but we think it's likely when the market returns you'll stand to gain the most.

An undesirable situation to be sure but even so, it’s time to take assertive action and get your property on the market fast. Ideally you'd be selling in a better market but show us someone who can predict the future. Get your property in the best possible condition that your limited timescale allows.

Paint, dress and de-clutter. It's said a lot but it never surprises us how often this advice is ignored.

ground. You’re downsizing, so let’s assume you’re in a decent-sized, desirable property. If you have the time, use it to your advantage.

FORCED SALE Sometimes life throws some serious curve balls. If you find yourself in the situation where you need to sell a property fast, it’s time to take some practical actions. Along with making

the property as marketable as possible by carrying out any small renovations, decorating any areas of wear-and-tear and making it as presentable as possible, you have to be prepared to make moves fast and negotiate with any buyers who make offers. Don’t advertise the fact you’re in a rush as this may give buyers a window to lowball you. But do make them aware that a quick

sale may be beneficial for both parties if it’s a possibility. Consider the idea of renting for a short period if possible, as properties without a chain obviously tend to move quicker.

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STAYING IN FULHAM AND UPSIZING

SHOWCASE

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CLONCURRY STREET, SW6 Full House Refurbishment | Full Basement | Multiple Extentions | Treehouse This high specification project comprised a full redevelopment in the highly sought-after Alphabet streets of Fulham including a full basement, loft and ground floor extensions with a custom-made kitchen and joinery throughout. A treehouse for the little ones in the back garden completes this spacious and beautiful family home.

ELEMENT CONSTRUCTION

elementconstruction.co.uk

SHOWCASE

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STUDDRIDGE STREET, SW6 Full House Refurbishment | Basement | Architectural Design A stunning ground floor refurbishment and the excavation of a new basement floor to create a beautiful guest bedroom with en suite shower room, playroom and spacious utility room.

DESIGN 2 FINISH design2finish.co.uk

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CHIPSTEAD STREET This outstanding, extended Lion House has been finished with meticulous attention to detail throughout. Arranged over four floors and extending to almost 3,400 sq ft. The bedrooms and living spaces have been thoughtfully designed for practicality.

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The ground floor offers excellent entertaining space with a spacious formal reception room, a useful boot room/cloakroom and a large extended bespoke German kitchen. The 33ft kitchen has plenty of space for dining, and further informal living space which leads onto a private south-west-facing garden.

The basement floor has excellent ceiling height and comprises a large family room/study area, a utility room, double bedroom with built-in wardrobes, in addition to a modern en suite shower room.

5 Bed

3,375

ÂŁ3,785,000

HOUSE

SQ FT

FOR SALE

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PERRYMEAD STREET A stunning, fully-extended Lion House, with a larger than average west-facing garden in the heart of the Peterborough Estate. The house is arranged over four floors and extends to in excess of 3,000 sq ft, with an excellent balance of bedroom and living space making this an ideal family home.

6 Bed

3,068

ÂŁ3,550,000

HOUSE

SQ FT

FOR SALE

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CORTAYNE ROAD This stylish, end of terrace five bedroom house is arranged over three floors, currently extending to just over 1869 sq ft (173 sq m). The ground floor offers excellent entertaining space with a double reception room and extended kitchen breakfast room, with wooden floors throughout and French doors leading onto a 28 ft west-facing garden. There is also a very useful cellar, which is ideal for further storage.

5 Bed

1869

ÂŁ1,600,000

HOUSE

SQ FT

FOR SALE

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PARKVILLE ROAD A beautifully refurbished family home in the popular Villes area of central Fulham, not far from Parsons Green. This outstanding four-bedroom house has been recently refurbished throughout to create over 1,630 sq ft (152 sq m) of space over three floors.

On the ground floor there is an impressive reception room, separate WC and a stylish kitchen/dining room with bifold doors opening onto a private southfacing garden.

4 Bed

1,634

ÂŁ1,575,000

HOUSE

SQ FT

SOLD

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NOVELLO STREET

3 Bed HOUSE

This charming three bedroom house is located on a prime road only 50 metres from Parsons Green tube station. The property features a spacious reception room and kitchen, on the first floor is the master bedroom with built-in storage, a second bedroom and family bathroom. On the second floor there is a bedroom, a further bathroom and access up to the private roof terrace with excellent views across Fulham.

1,110 SQ FT

ÂŁ1,100,000 FOR SALE

At Element Fix we appreciate the frustrations when things go wrong in your home. We are on hand to react promptly and efficiently to all maintenance issues and aim to get the job done quickly and expertly. From general household repairs to full refurbishments, we’ve got it covered.

0207 736 9492 info@elementfix.co.uk www.elementfix.co.uk

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Property Maintenance Professionals

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IRENE ROAD

2 Bed FLAT

This garden flat is located in the highly desirable cluster of roads that sit between Parsons Green & Eel Brook Common, popularly considered as the heart of Parsons Green. This flat offers over 900 sq ft of living space and features a superb open-plan kitchen reception room with bi-folding doors that lead onto a private south west-facing garden.

924 SQ FT

ÂŁ995,000 FOR SALE

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HESTERCOMBE AVENUE

2 Bed FLAT

A stylish, extended two double bedroom ground floor flat with its own private garden.

Located only a short walk from the Fulham Road, this superb garden flat extends to just under 950 sq ft (87 sq m). It has two double bedrooms (both with built-in wardrobes) and two modern bathrooms (one en suite). The flat has a large open-plan kitchen reception room with high ceilings and direct access onto a beautiful 26ft South-facing garden.

938 SQ FT

ÂŁ925,000 FOR SALE

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EPIRUS ROAD An outstanding and unique three bedroom apartment arranged over the ground, lower ground and first floor of a substantial Victorian terraced house, with a large private garden, and only a short walk from Fulham Broadway. The entertaining space is spread over the entire ground floor level comprising a large reception room with wood flooring, which leads through to a large and bright extended kitchen with integrated appliances.

3 Bed

1,255

ÂŁ1,175,000

FLAT

SQ FT

FOR SALE

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RIGAULT ROAD

2 Bed HOUSE

A unique double-fronted two bedroom house, located on a quiet residential street between Fulham Road and New King's Road. This stylish house is arranged over two floors, with the ground floor comprising a reception, dining room and a separate modern kitchen with integrated appliances.

883 SQ FT

ÂŁ875,000 FOR SALE

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OCTAVIA HOUSE

1 Bed FLAT

This immaculately presented first floor apartment, located in Octavia House is part of the riverside Imperial Wharf development, by renowned developer St George. This sizable one bedroom apartment is designed and finished to a high specification throughout, boasting a light and spacious reception room, modern kitchen with integrated appliances and access onto a private roof terrace.

807 SQ FT

ÂŁ695,000 FOR SALE

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CONIGER ROAD

3 Bed HOUSE

A beautiful, three bedroom, three bathroom ground floor maisonette in a prime location in the heart of Parsons Green. The property has been fully refurbished by the current owner to an incredibly high standard throughout and extends to nearly 1,500 sq ft (121 sq m).

1,519 SQ FT

£950/wk £3,683 PCM

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NEW KING'S ROAD

2 Bed FLAT

A stunning two bedroom, two bathroom first floor apartment benefiting from a concierge service and secure entry in a newly developed building on the New King's Road. This apartment comprises a large open plan living space, with a kitchen designed by Doca featuring a Miele multi-function oven, microwave combination oven and induction hob.

922 SQ FT

ÂŁ650/wk ÂŁ2,817 PCM

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GOWAN AVENUE A substantial five double bedroom, fully-extended family home, located on a popular road in the heart of the ‘Munster Village’.

Arranged over four floors and extending to just over 2,903 sq ft, the bedroom and living space has been well implemented and balanced perfectly. The ground floor reception room at the front is incredibly light and benefits from a beautiful fireplace, built-in cupboards and wooden floors, cloakroom and large kitchen/dining room.

5 Bed

2,903

£1,400/wk

HOUSE

SQ FT

£6,067 PCM

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CHESILTON ROAD A beautifully renovated mid-terrace house on a very popular residential street in the heart of Fulham. On the ground floor there is a bright double reception room, with access to an immaculately presented south-west-facing garden. The lower ground floor consists of an open-plan kitchen with TV area and a utility room with WC. The first floor consists of a master bedroom, with en suite and large built-in storage.

4 Bed

2,022

ÂŁ1,300/wk

HOUSE

SQ FT

ÂŁ5,633 PCM

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CAWTHORN APARTMENT

2 Bed HOUSE

A stunning two double bedroom two bathroom, first floor apartment benefiting from a concierge service and secure entry on Fulham High Street.This apartment comprises a large open plan living space, with a kitchen featuring a Siemens multi-function oven, microwave combination oven and induction hob. Off the hallway there are two double bedrooms, one with en suite and a further bathroom.

825 SQ FT

ÂŁ650/wk ÂŁ2,817 PCM

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PURSERS CROSS ROAD

4 Bed HOUSE

A superb Victorian family home in one of the most desirable areas of Fulham and very close to Parsons Green itself. The house has been beautifully refurbished throughout (including a full side and loft extension) and is arranged over three floors extending to almost 1,678 sq ft (156 sq m).

1,678 SQ FT

£1,000/wk £4,333 PCM

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WHITTINGSTALL ROAD

2 Bed FLAT

A superb two bedroom, one bathroom furnished ground floor flat with outside space.

Finished to a very high standard this flat is perfect for a short-term let. Accessed by a communal hallway the front door opens on to the good-sized living room which leads onto the open-plan kitchen with double doors onto the courtyard garden. Off the kitchen is the bathroom with shower and bath which then leads down a corridor to the main bedroom with plenty of built-in storage and light.

969 SQ FT

ÂŁ700/wk ÂŁ3,033 PCM

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NEW KING'S ROAD

2 Bed FLAT

A stunning and extremely spacious two bedroom, two bathroom apartment benefiting from a concierge service and secure entry on the fourth floor of newly-developed building on New King’s Road. The apartment comprises a large open-plan living space with a kitchen designed by Doca, two spacious bedrooms with fitted storage, and two luxury bathrooms with porcelain tiling, bespoke vanity units and subtle lighting.

1,033 SQ FT

£690/wk £2,990 PCM

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GOWAN AVENUE

2 Bed HOUSE

An outstanding, wider than average, two double bedroom split level flat in a substantial converted Victorian house. Arranged over the first and second floors, the flat has been recently refurbished and finished to a high standard, extending to almost 1,050 sq ft (98 sq m). On the first floor there is excellent entertaining space with a double reception room, a modern white kitchen and the family bathroom.

1,028 SQ FT

ÂŁ600/wk ÂŁ3,467 PCM

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EDDISCOMBE ROAD

5 Bed HOUSE

An outstanding fully-extended five bedroom Victorian family home, located in the heart of Parsons Green. Located over four floors, this outstanding family house is located just a stone's throw away from the New King's Road. On the ground floor there is a large kitchen and double reception, which leads off to the good-sized basement.

2,685 SQ FT

ÂŁ1600/wk ÂŁ6933 PCM

DIRECTORY Looking for something? Look no further with our recommended suppliers directory, just mention where you found them.

ARCHITECTS DBLO dblo.co.uk 020 7610 9333 227a Stephendale Road London SW6 2PR Emergent Design Studios ed-studios.com 020 7713 0056 51 Calthorpe Street London WC1X 0HH Hogarth hogartharchitects.co.uk 020 7381 3409 186 Dawes Road London SW6 7RQ

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Icon icon-architects.com 020 7731 0400 The Glass House 11 Lettice Street London SW6 4EH Simon Gill simongillarchitects.co.uk 020 7610 9344 Riverbank House 1 Putney Bridge Approach London SW6 3JD

BUILDERS Blaze & Co. blazeandco.co.uk 020 7373 2214 Flat 2 111 Drayton Gardens London SW10 9QU Design 2 FInish design2finish.co.uk 07968 821 1667 54 Chipstead Street London SW6 3SS

Element Construction elementconstruction.co.uk 07717 155 716 NU Builds nubuilds.com 0207 7316841 10 Fulham High Street London SW6 4LZ Nuspace I-want-nuspace.co.uk 0203 405 3480 965 Fulham Road London SW6 5JJ Pascal Huser huser.co.uk 020 7381 0707 600 Fulham Road London SW6 5PA Paterson Wood patersonwood.co.uk 0207 371 7327 Roxburgh Construction roxburghconstruction.co.uk 020 7731 7480 74 The Arches Ranelagh Gardens London SW6 3UB Uber Contracts ubercontracts.co.uk 020 3151 5034

INTERIOR DESIGN Magenta Pink magentapinkinteriors.co.uk 07956 884 437 RJV Designs rjvdesigns.co.uk 020 7385 6009 126 Harbord St London SW6 6PH

SURVEYORS

SOLICITORS

Capital Chartered capitalchartered.co.uk 020 8875 0035 Argyll House All Saints Passage London, SW18 1EP

Child & Child (Mo Hakim) childandchild.co.uk 020 7235 8000 4 Grosvenor Place London, SW1X 7HJ

Mactaggart Speir & Watson Surveyors mswsurveyors.co.uk 020 7183 3415 Centenary House The Queen’s Club Palliser Road West Kensington London, W14 9EQ

Healys Solicitors (Jane Baker) healys.com 020 7822 4000 Atrium Court 15-17 Jockey’s Fields London, WC1R 4QR

LEASEHOLD ADVICE Capital Leasehold capitalchartered.co.uk 020 7112 5169 64 Knightsbridge London SW1X 7JF

MORTGAGE BROKERS James Muncaster capricornfinancial.co.uk 020 3111 0913 1 Queen Caroline Sreet Hammersmith, London W6 9YN Simon Welford capricornfinancial.co.uk 020 3111 0974 1 Queen Caroline Sreet Hammersmith, London W6 9YN

The Partnership Ltd (Danielle Guettier) theparnershiplimited.com 020 7046 6558 1 Westminster Bridge Road London, SW1 7XW Judge Sykes Frixou (Belinda Frixou) jsf-law.co.uk 020 7395 3355 23 Kingsway London, WC2B 6YF TWM Solicitors LLP (Claire Fountain) twmsolicitors.com 020 7471 8092 1 Stephendale Yard Stephendale Road London, SW6 2LR

ADDITIONS Please contact us if you would like to add your business to this directory.

Email hello@brik.co.uk.

GET IN TOUCH We believe We started Brik to challenge the status quo. Our reputation over the years has continued to grow by delivering record-breaking prices along-side quick sales and lets with minimum fuss. Our formula is simple: sound advice plus a friendly approach equals great results.

Meet our Fulham team

67 CHRIS Co-founder chris@brik.co.uk

NICK Lettings Manager nick@brik.co.uk

BEN Co-founder ben@brik.co.uk

JACK Lettings Negotiator jack@brik.co.uk

JAMES Director james@brik.co.uk

HOLLIE Property Manager hollie@brik.co.uk

MATHEW Senior Sales Associate mathew@brik.co.uk

DIANA Accounts Administrator diana@brik.co.uk

CHRIS Sales Associate chrish@brik.co.uk

CHRIS Designer cwatts@brik.co.uk

SALES: 020 7384 6790 | LETTINGS & MANAGEMENT: 020 7384 6791 EMAIL: hello@brik.co.uk | FACEBOOK: Brik | TWITTER: @BrikLondon | INSTAGRAM: brik_london ADDRESS: 77 Parsons Green Lane, Fulham, London SW6 4JA

Contact us for a free valuation: 020 7384 6790 | brik.co.uk

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MIKE Co-founder mike@brik.co.uk

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