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ISLANDER #74 OCTOBER 2025
ABOUT PLACES ISLANDER.
Places Islander is Jersey’s only publication dedicated to multi-agent, high quality property related listings and local property and profile features.
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IS
Debbie Le Brun
01534 722 227
debbie lebrun@savills com
Secure age restricted home
L o w e r K i n g s C l i f f
S t . H e l i e r
d e s i g n e d f o r s e c u r i t y a n d p e a c e o f m i n d
W i t h t w o l a r g e d o u b l e b e d r o o m s b o t h e n s u i t e , a g
T h e r e i s s o u t h f a c i n g b a l c o n y w i t h e l e v a t e d
v i e w s a c r o s s t o w n a s w e l l a s a c o m m u n a l
g a r d e n f o r t h e r e s i d e n t s D o u b l e g a r a g e a n d
a m p l e v i s i t o r s p a c e c o m p l e t e t h i s a p a r t m e n t f o r t h e o v e r 5 5 ’ s
A s k i n g P r i c e £ 5 9 7 , 5 0 0
Q u a l i f i e d
G e r i O ’ B r i e n
01534 722 227
gobrien@savills com
Charming granite proper
L a R u e F r e u l e
S t . O u e n
S e t a m i d s t a b e a u t i f u l l y l a n d s c a p e d g a r d
t h i s d e l i g h t f u l g r a n i t e p r o p e r t y e x u d e s
t i m e l e s s c h a r m a n d o f f e r s a n e x c i t i n g
o p p o r t u n i t y f o r t a s t e f u l r e n o v a t i o n a n d
m o d e r n i s a t i o n F o u r b e d r o o m s ( o n e e n
s u i t e ) , l o u n g e , d i n i n g r o o m , k i t c h e n ,
b r e a k f a s t r o o m , o f f i c e , h o u s e b a t h r o o m ,
c l o a k r o o m a n d d o u b l e g a r a g e T h e r e i s
p l e n t y o f b u i l t - i n s t o r a g e t h r o u g h o u t t h
p r o p e r t y , a s w e l l a s a l o f t o f f e r i n g f u r t h e
p o t e n t i a l E x t e r n a l l y i s a p a t i o , g a r d e n a
f u r t h e r p a r k i n g o n t h e d r i v e w a y
A s k i n g P r i c e £ 1 . 4 2 5 m i l l i o n
Q u a l i f i e d
Debbie
Le Brun
01534 722 227
debbie lebrun@savills com
D e b b i e L e B r u n
01534 722 227
debbie lebrun@savills com
L a R o u t e D e L a C o t e
S t . M a r t i n
d r e s s i n g
a r e a , o n e w i t h w a l k - i n d r e s s i n g r o o m ) , o p e n -
p l a n l i v i n g a n d d i n i n g a r e a , m o d e r n k i t c h e n ,
s e p a r a t e r e c e p t i o n i d e a l f o r a s n u g o r o f f i c e
a n d w r a p - a r o u n d b a l c o n y T h e r e i s a l a r g e
p r i v a t e s t o r e r o o m , s i n g l e g a r a g e a n d
d e s i g n a t e d p a r k i n g f o r t w o v e h i c l e s , w i t h
a d d i t i o n a l v i s i t o r s p a c e s
Fantastic twogeneration home
L a R o u t e O r a n g e
S t . B r e l a d e
S i t u a t e d i n t h e h i g h l y s o u g h t - a f t e r p a r i s h o f
S t B r e l a d e , t h i s e x c e p t i o n a l h o m e i s o n a
l a r g e p r i v a t e p l o t o n E l i z a b e t h A v e n u e w i t h
e a s y a c c e s s t o t h e r a i l w a y w a l k , l o c a l s h o p s
a n d s p o r t s c e n t r e T h e m a i n h o u s e h a s f o u r
g e n e r o u s d o u b l e b e d r o o m s , s p a c i o u s
r e c e p t i o n s r o o m s p l u s a s n u g / o f f i c e T h e
s e p a r a t e o n e - b e d r o o m g r o u n d f l o o r
a p a r t m e n t i s v e r y s p a c i o u s , h a s i t s o w n
e n t r a n c e a n d i s p e r f e c t f o r e l d e r l y r e l a t i v e s
o r i n c o m e
A s k i n g P r i c e £ 1 . 8 9 5 m i l l i o n
Q u a l i f i e d
La Rue du Maupertuis, St. Clement £499,000
Built just three years ago, this one-bedroom detached bungalow offers modern, low-maintenance living on the south coast, just a short walk from La Mare beach, the bus stop, and M&S Food Hall. Designed for efficiency with cavity insulation and thermal boarding, it features a bright openplan living area with a contemporary kitchen, breakfast
Maillard&Co - 01534 880880
Victoria Road, St. Saviour £829,000
Newly refurbished detached bungalow offering spacious, modern living in a sought-after location close to the beach, park, and local amenities. The generous L-shaped openplan layout includes a stylish fully fitted kitchen, bright dining area, and comfortable living space ideal for family life and entertaining. The home features three large double
Rockproperty - 01534 861888
Places.je #59127
bar, dining space, corner window, and skylight. The double bedroom has sliding doors to a private south/west-facing garden and an en-suite with separate shower. Extras include floored roof storage, side access, garden shed, and parking for two.
Places.je #59943
bedrooms and two contemporary bathrooms, providing excellent accommodation for family or guests. Externally, low-maintenance front and rear gardens offer sunny seating areas perfect for relaxation or dining. With parking for up to three cars, good bus routes, and town and beach within walking distance, early viewing is highly recommended.
La Rue De La Forge, St. Ouen
£725,000
Renovation project on the edge of St Ouen’s Village, this detached bungalow sits on a large, level 694 sq. m plot within the Island Plan white zone, offering superb redevelopment potential (subject to planning). Connected to all mains services (excluding gas), the property requires full renovation. Current layout includes entrance hall, sitting
Christies Hunt Estates - 01534 860650
Le Mont Millais, St. Helier £1,450,000
An attractive four-bedroom home, decorated to a high standard, with flexibility to be used as a four-bedroom or as a three-bedroom plus integral private unit for a family member. The observant will notice that this isn’t technically a bungalow but has bungalow vibes. The main entrance hall leads to a spacious kitchen-diner with bi-fold doors opening to a decked terrace, paved garden, and outdoor bar/seating
room, kitchen, utility, three bedrooms, bathroom, and large loft. Parking for 8+ cars. Conveniently within Les Quennevais School catchment, with nearby bus links to St Helier. Close to St Mary’s Country Inn, The Priory, and scenic lanes and cliff paths, if you’ve got plans to create your own haven out west, this could be your plot.
area. The ground floor also includes a utility room and self-contained one-bedroom unit with separate entrance. Upstairs are three double bedrooms, including a master with ensuite, plus a house bathroom. Externally, there is parking for up to eight cars and storage. Conveniently located near town, JCG, and Victoria College.
ND Estates - 01534 629009
Places.je #59939
Places.je #46228
JERSEY SKIN
My name is Benjamin and I’m the founder of Jersey Skin. We make skincare items from and inspired by Jersey botanicals. Jersey Skin is a family business, although born in Gorey Village, Grouville, where we grow or harvest all our key ingredients - on 15th May 2021 we opened the doors to our town shop at 11 The Parade, St Helier where you’ll find us
Tell us about your Genuine Jersey Products
Jersey Skin is a skincare and wellness brand rooted in Jersey, offering naturally inspired, eco-conscious products. With island-harvested ingredients, sustainable packaging, and locally distinct branding, it’s more than just skincare—it’s a heartfelt tribute to Jersey’s nature and heritage. We name our products in Jersey French (Jèrriais) to emphasise their island origins, such as our lip balms, called Baîsi, meaning ‘a touch of the lips’. We also packaging in amber glass jars as well as other packaging which is refillable or that can be returned to us for money off your next purchase.
What’s new/what’s coming up? (100 words)
We have a very exciting future ahead of us with more product launches and workshops to inspire people to use natural cosmetics as well as ethically sourced products. As well as our town shop and online, you can also find us on the shelves of a number of on island outlets, a full listing of them can be found on our website.
Www.jerseyskin.com @jerseyskin
SARAH BAUDET ARTIST
I’m Sarah and I work with copper, wood and aluminium to create unique sculptures for both indoors and outdoors. My work is inspired by nature, creating all types of flora and fauna, along with landmarks of Jersey to name but a few.
Tell us about your Genuine Jersey Products
I create unique sculptures from copper and wood using the island around me as inspiration. I use templates which I draw myself then I cut out the metal using a piercing saw, braise a pin to secure and then source a piece of wood as a base. Each piece is unique as no two pieces of wood will be the same and when the copper is heated no two pieces will turn the same colour, it is always interesting to see the end result. I also use aluminium to create sea creatures and other pieces. These can all go outside, the aluminium and copper will weather but not rust!
What’s new/what’s coming up? (100 words)
I am always trying something new! If I think of a new idea I have to make it! I simply can’t wait, even if I should be making something else!
Recently I have been using paint to add colour to my pieces and I’m really enjoying the process.
I have so many ideas for outside sculptures I will have a go at next year as a treat to myself for completing the marathon of all the Simply Christmas markets in the Royal Square in November and December!
@sarahbaudetartist
In each edition we feature some of Jersey’s creators and let them share their creative visions and handmade goods with you lot, our island consumers. If you like what you see, check out genuinejersey.com and hunt them down to support our local industries!
JO’S PAINTED PEBBLES
My name is Jo Logue , an artist with a shop in the Fish Market called Jo’s Painted Pebbles. I hand-paint pebbles and scallop shells with intricate mandala-inspired designs, drawing inspiration from Jersey’s coastline and colours. Alongside my artwork, I’ve published creative and beachcombing books that celebrate the island’s natural beauty.
Tell us about your Genuine Jersey Products
My Genuine Jersey products are hand-painted pebbles and scallop shells, canvases and pebble crafts. I also create themed collections, such as sea urchin-style pebbles and coastal-inspired sets, which have become popular with both locals and visitors.
In addition to my artwork, I’ve published books that reflect Jersey’s creative and natural heritage. Art on Scallop Shells shares step-by-step designs to inspire creativity, while Jersey Shells – Jo’s Guide to 20 of the Most Popular Finds on the Beaches of Jersey, written to help families and beachcombers discover the island’s treasures responsibly.
What’s new/what’s coming up?
I am always painting and am currently working on inspiration quotes on pebbles and handmade hearts with mandala patterns. I have also uploaded my shell patterns on Etsy so they are available for anyone who wants to have a go themselves!
@jolophotoflo
MAISON DE JERSEY
My name is Anna, I’m the Shop Manager at Maison de Jersey, the retail home of La Mare Wine Estate. My role is about sharing the story of our sustainable, handcrafted products and helping visitors take a true piece of Jersey home – from award-winning wines to artisan treats infused with the island’s character.
Tell us about your Genuine Jersey Products
At La Mare Wine Estate, every Genuine Jersey product is made here on site, something many people don’t realise. From our vineyards and orchards to our winery, distillery, and production kitchens, everything is crafted under one roof. Our grapes are harvested and transformed into award-winning wines in the winery, while our apples are pressed and distilled into cider. In the distillery, we also bottle our gins and vodka with the same dedication to quality and craft.
Meanwhile, in our estate kitchens, our chocolatiers and chefs handmake biscuits, preserves, fudge, and chocolates using local and sustainable ingredients whenever possible. Carrying the Genuine Jersey mark is our way of celebrating this authenticity. When visitors take home a bottle of wine, a spirit, or a box of artisan treats, they’re not just buying a product, they’re taking home a genuine piece of Jersey.
What’s new/what’s coming up?
We’re really excited about all the new things happening at La Mare, especially our Apple Alchemy Collection. It’s all about celebrating Jersey apples, bright, fresh, and full of character. We’re using rare heirloom apples and focusing on produce that naturally grows here on the island. The range includes our lightly sparkling Pétillant Apple Wine, the refined Pommelier Apple Aperitif, and our Pomignac brandies, both VSOP and XO, which are double-distilled and aged in oak casks. Everything is grown, crafted, and bottled right here on the Estate, so you really get a true taste of Jersey in every glass.
www.lamarewineestate.com
CountryMusic
Some people dream of being surrounded by granite, some prefer a more modern aesthetic. Then there are the those that want to have their cake and eat eat. Thankfully, some properties walk the line between history and modernity, with the odd grand piano thrown in for good measure. Tucked away in St. Mary lies The Byre, a substantial granite residence that seamlessly marries traditional character with contemporary luxury. Set against the backdrop of rolling countryside and bordered by equine land on two sides, this 7-bedroom, 6-bathroom home is far more than a property—it is a lifestyle, offering both scale and serenity in equal measure.
Parts of The Byre date back to the late 1800s, its granite walls whispering stories of the past. In 2006, the current owners embarked on a sensitive yet comprehensive renovation, transforming the home into a showcase of thoughtful design and functional elegance. The renovation enhanced the natural flow of the property, creating a layout perfectly attuned to modern family living, while retaining its historical charm.
The residence spans over 6,500 sq ft, arranged with versatility in mind. Generous reception rooms provide ample space for family gatherings, celebrations, or quiet evenings by the fire. Each living area carries its own distinct character, from bright contemporary spaces with sleek finishes to cosy lounges framed by traditional stonework and expansive windows.
At the heart of the home lies the kitchen: a striking, modern space designed for both culinary creativity and social connection. The clean, high-gloss finishes are complemented by premium appliances, abundant storage, and a central island that invites family breakfasts and evening gatherings. Flowing naturally into dining and living areas, this is a hub designed for togetherness.
Multiple reception rooms provide flexible spaces, whether for formal entertaining, relaxed family living, or even creating dedicated work-from-home environments. Large windows and bi-fold doors invite natural light to flood in, while also framing views of the manicured gardens beyond.
In 2021, The Byre was further elevated with the complete renovation of its outdoor heated swimming pool, accompanied by a stylish new pool house, plant room, and gym. A newly constructed quadruple garage ensures space for vehicles and storage, while a gated entrance and forecourt parking provide both convenience and security.
For lovers of outdoor living, the property excels. A fully equipped outdoor kitchen and BBQ area set the stage for summer gatherings and alfresco dining, while sun terraces offer a private retreat for relaxation. The garden itself is a careful blend of elegance and practicality, offering space for both play and peace, bordered by picturesque equine paddocks.
Whether you dream of hosting large family gatherings, enjoying summers by the pool, or retreating into countryside calm at the end of a busy day, this home offers it all
The Byre’s seven bedrooms are arranged with flexibility, catering to both family and guests. The principal suite is a sanctuary in its own right, featuring generous proportions and an ensuite bathroom. Additional bedrooms, each decorated to an exacting standard, provide comfort and privacy, ensuring every family member or visitor has their own retreat. With six bathrooms in total, convenience is assured.
Despite its tranquil location, The Byre enjoys enviable proximity to local amenities. Just a short drive away lies La Mare Wine Estate who are now doing some decent food, along with some great north coast walks. Schools, shops, and even St. Helier are all within easy reach, making this property as practical as it is beautiful.
St. Mary is proper rural charm and that classic country pace of life, while still being slap-bang central and well connected to the rest of the island. It is a parish that balances peace with accessibility, making The Byre’s location all the more appealing.
The Byre represents a rare opportunity to acquire a residence that ticks every box: historic character, modern design, extensive accommodation, and luxurious amenities. Whether you dream of hosting large family gatherings, enjoying summers by the pool, or retreating into countryside calm at the end of a busy day, this home offers it all. For those seeking a home that balances tradition with innovation, and grandeur with warmth, this one is worth viewing.
The Byre, St. Mary. £3,495,000 Freehold
Viewing?
12 Sep
1 Le Champ Pres de L’Eglise
La Rue de Sergente, St. Brelade. £715,000 ref 1552/856 UPRN 69407822
12 Sep
7 Dunell Cottages
La Route de St. Aubin, St. Helier. £445,000 ref 1553/8 UPRN 69141334
Apartment 56 Maison Belleville
Wellington Road, St. Saviour. £100,000 ref 1552/949 UPRN 69128998
Holmwood 10 Trinity Gardens
10 Trinity Gardens, Trinity Road, St. Helier. £520,000 ref 1552/890 UPRN 69135956
Les Petites Fenetres
4 Royal Bay Gardens
La Rigondaine, Grouville. £2,150,000 ref 1552/895 UPRN 69388834
73 Langtry Gardens
St. Saviour. £745,000 ref 1552/809 UPRN 69385875
12 Sep Delarosa
La Grande Route de St. Martin, St. Saviour. £560,000 ref 1552/958 UPRN 69111032
The latest transactions through the Royal Court
12 Sep
12 Sep
12 Sep
12 Sep
La Maison des Banques
St. Saviour. £3,200,000 ref 1552/844 UPRN 69127879 12 Sep
12 Sep Morzine
1 Melbourne Villas, Le Breton Lane, St. Helier. £450,000 ref 1552/963 UPRN 69122405
12 Sep
Share 3 2 Richelieu Villas
St. Saviour. £465,000 ref 1552/987 UPRN 69101024
17 Leslie Sinel Close
Rouge Bouillon, St. Helier. £360,000 ref 1552/582 UPRN 69132904
29 Le Douet de Ste Croix
8 Les Ametots, Bagatelle Lane, St. Saviour. £1,075,000 ref 1552/877 UPRN 69127296
Waypoint (formerly La Caumine)
Le Mont Gras D’Eau, St. Brelade. £4,225,000 ref 1552/970 UPRN 69126153
5 Sep 19A Don Street
St. Helier. £475,000 ref 1552/739 UPRN 69383670
5 Sep 3 Martel View
La Route Es Nouaux, St. Helier. £640,000 ref 1552/702 UPRN 69115108
Apartment 163 Le Clos des Sables
St. Brelade. £499,950 ref 1552/660 UPRN 69123486
Grantez House
La Rue de Grantez, St. Ouen. £1,152,000 ref 1552/551 UPRN 69116015
La Cigale
La Rue du Douet, St. Ouen. £2,850,000 ref 1552/735 UPRN 69119533
La Rochelle
St. Helier, St. Helier. £515,000 ref 1552/628 UPRN 69137734
The Granite Office
St. Helier. £420,000 ref 1552/645 UPRN 69137479
1 La Cache des Sablons
La Grande Route des Sablons, Grouville. £1,125,000 ref 1552/351 UPRN 69111391
53 Great Union Road
St. Helier. £460,000 ref 1552/291 UPRN 69106550
St. Brelade. £2,050,000 ref 1552/687 UPRN 69390256
5 Sep Apartment 38 Jasmine Place
6 Bloomsbury Apartments
Prince’s Tower Road, St. Saviour. £390,000 ref 1553/1 UPRN 69386080
Apartment 2 Community Centre
Langtry Gardens, St. Saviour’s Hill, St. Saviour. £535,000 ref 1552/826 UPRN 69388694 12 Sep
12 Sep
Flat 32 International House
Don Road, St. Helier. £355,000 ref 1552/992 UPRN 69388735
Lamplights
La Grande Route de La Cote, St. Clement. £700,000 ref 1552/870 UPRN 69109944
Notre Reve 13 Aquila Close
13 Aquila Close, Aquila Road, St. Helier. £378,500 ref 1552/983 UPRN 69100457
10
La Rue Des Pres, St. Saviour. £290,000 ref 1552/724 UPRN 69131489 5 Sep
Place Le Gallais
5 Sep 24 the Pavilions
5 Sep
The Pavilions, St. Peter. £687,500 ref 1552/539 UPRN
5 Sep 5 Ormer La Greve D’Azette, St. Clement. £660,000 ref 1552/697 UPRN 69107086
5 Sep
L’Hermitage Gardens, St. Peter. £375,000 ref 1552/560 UPRN
5 Sep Greenacres St. Ouen. £1,375,000 ref 1552/531 UPRN 69114149
5 Sep La Guilleaumerie Cottage
La Rue de La Guilleaumerie, St. Saviour. £1,675,000 ref 1552/543 UPRN 69116704
5 Sep Newlynn Cottage
Apartment 5 Henderson House
St. Helier. £330,000 ref 1552/720 UPRN 69387928
5 Sep
5 Sep
5 Sep La Cachette 12 Les Fourneaux Estate, St. Brelade. £770,000 ref 1552/675 UPRN 69127651
5 Sep La Maie
La Rue de Haut, St. Lawrence. £715,000 ref 1552/633 UPRN 69116094
5 Sep Oakland
La Rue du Creux Baillot, St. Ouen. £895,000 ref 1552/615 UPRN 69382361
5 Sep 1 Des Landes Place
29 Aug
5 Sep
5 Sep
5 Sep
La Rue du Cimetiere, St. John. £1,000,000 ref 1552/728 UPRN 69119278
29 Aug 1 Hilgrove Terrace
15 Journeaux Street, St. Helier. £640,000 ref 1552/451 UPRN 69108607
29 Aug
10 Jean Pierre Apartments
Belle Vue, St. Brelade. £488,000 ref 1552/386 UPRN 69002027
29 Aug 6 Beech Vale Apartments
St. John. £310,000 ref 1552/447 UPRN 69110686
29 Aug
A one-half undivided share in 52 Clearview Street and 52 and a half Clearview Street
St. Helier. £695,625 ref 1552/275 UPRN 69103350
Apartment 4 Willows Court
Les Grands Vaux, St. Saviour. £280,000 ref 1552/358 UPRN 69137716
29 Aug
Apartment 2 Residence Helier
Gorey Village Main Road, Grouville. £1,025,000 ref 1552/401 UPRN 69106356
11 Hameau de la Mer
La Grande Route de La Cote, St. Clement. £795,000 ref 1552/367 UPRN 69386276
29 Aug 9 La Porte
La Rue du Pont, St. Saviour. £870,000 ref 1552/390 UPRN 69397237
29 Aug
29 Aug
29 Aug
29 Aug
La Route de St. Aubin, St. Helier. £660,000 ref 1552/308 UPRN 69003719
29 Aug
Apartment 5 Hope Cottage
St. Helier. £670,000 ref 1552/279 UPRN 69101709
Apartment 21 Block D Tabor Park
29 Aug
La Route des Genets, St. Brelade. £740,000 ref 1552/418 UPRN 69112531
29 Aug
Apartment 7 Block A Millennium Court
La Greve D’Azette, St. Clement. £825,000 ref 1552/377 UPRN 69106953
MORTGAGE market update
Words: Peter Seymour, The Mortgage Shop
Bank of England Base Rate was reduced from 4.25% to 4% on 7th August following predictions from many commentators and figureheads that the rate would continue to fall towards the end of the year.
It is possible that this trend will not continue due to rising inflation in the UK coupled with the influence of the world economy. It must be remembered that the cheap borrowing of the past 15 years, fuelled today’s affordability problems.
Homeowners during this period benefited from ultra-low rates in two major ways: cheap mortgage rates and repayments, and a surge in the value of their property.
A TIME OF CHANGE
The high rates of the past two years are in fact a return to normality, with prospective homeowners having to acknowledge that a significant financial sacrifice will have to be made if they are purchasing a property of their own. This means that holidays, new cars, eating out and home improvements will have to take a back seat for the next few years.
General feedback is that the majority of people who make this lifestyle change have no regrets, as it will mean, amongst many other things free accommodation in retirement once the mortgage has been fully repaid.
JEAA COMMENT
John Quemard, chairman of the JEAA, continues to be optimistic about the future of the local property market, although he confirms that vendors must be more realistic and realise that the housing market has changed and that
Oct 25 Sep 25 January 25
2-year Tracker rate 60% LTV 4.70% 4.70% 5.35%
2-year Tracker rate 90% LTV 4.90% 4.90% 5.79%
2-year Fixed rate 60% LTV 4.44% 4.44% 5.04%
2-year Fixed rate 90% LTV 5.04% 5.12% 5.54%
5-year Fixed rate 60% LTV 4.54% 4.54% 4.54%
5-year Fixed rate 90% LTV 4.94% 5.03% 5.09%
what matters most is the price – ‘’if properties are priced accordingly and reflect market conditions then they will have a better chance of selling. Vendors who are reluctant to lower the asking price will sit on their properties for longer.’’
ROYAL COURT TRANSACTIONS
Estate Agents and Conveyancing lawyers confirm that the market continues to be active despite the annual slowdown for summer holidays.
In a review of the transactions that have passed through the Royal Court in the last six weeks, it is interesting to see that there were 139 sales, of which 39 were below £500,000 whilst there were 31 transactions in the range £1m to £13m.
In the same period, share transfers accounted for an additional 35%, although these are not recorded in the public domain.
PROPERTY ON THE MARKET
Our monthly check shows that a total of 1744 houses and flats are listed for sale on the places.je website which is a slight reduction from the numbers that we have seen in recent months.
Highlights include:
156 apartments in the range up to £300,000, with many having car parking spaces
401 apartments and houses in the range £300,000 to £500,000
328 apartments and houses between £500,000 and £700,000
246 houses and a few apartments in the range £700,000 to £1m.
181 houses and a few apartments are on offer in the range between £1m and £1.5m
133 houses and a few apartments between £1.5m and 2.5m
200 properties for sale in excess of £2.5m
These numbers are a clear indication that property owners are keen to transact, generally with a view to trading up, although the sheer volume of available property shows that it is a buyers’ market where significant reductions can still be negotiated.
It is interesting to see that only two months ago, there were 362 properties on offer in the range between £700,000 to £1m, with this number having now fallen to 246 – a clear indication that Homemovers are active in trading up to a larger property.
PROPERTY TRANSACTION REVIEW
At long last, after many years of discussion, it is good news to see that politicians have agreed to undertake a review of residential property transactions in Jersey with a view to introducing pre-sale agreements to stop buyers and sellers from pulling out of a transaction at the last minute.
Our experience is that fortunately this does not happen frequently although when it does, it can cause huge upset and disruption, notwithstanding the loss of prepaid fees to lawyers, lenders and valuers.
INTEREST RATES
Once again, there has been no change in the interest rates charged by all local lenders, and this is likely to be the case into the immediate future.
Our best advice is to consider fixing into a five year rate as this will offer stability and peace of mind in a world that could well change in the future.
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3
3
Knight Frank Jersey
