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  Spring 2010

  The Jersey Edition e-Newsletter   Welcome to our Jersey spring 2010 newsletter. Our aim is to provide you with informative relocation articles relevant to Jersey. Our local team of relocation experts fully appreciate that moving to the Island has unique hurdles and our services are tailored to these requirements. Contact us by phone or e-mail to talk through your individual requirements and see how we can make a real difference.   We look forward to hearing from you. The Ace Team *If your interested in receiving the Guernsey e-newsletter please e-mailkatie@ace.je.

New Location, New School Make it a great start!   One of the main anxieties for any parent is ensuring their children intergrate into a new school positively. Combine this with relocating to a new location and it is completely understandable that our clients have additional concerns. We are


all keen for this fundamental element to go smoothly. Our team have children aged from 3 to 20 years old and fully appreciate your concerns. If you are moving from abroad there can be cultural differences and even changes in mother tongue to contend with, ensuring these are addressed and the right school is identified early are fundamental to a succesful relocation. Such moves require an in-depth understanding of the local system.

Research shows that the skills that children learn during relocation effect the rest of their lives. If handled positively these include the ability to appreciate different cultures, adapt to different environments and deal with change constructively. It is important to ensure the fundamentals are addressed to make the move a positive experience.

  Click here for some of our top tips for parents

 

House the regulations going !

When moving to Jersey finding the right property involves more than just locating the house inline with your budget. There is a spectrum of local housing regulations to consider, which can be disconcerting to any newcomer to the Island and limits your accessability of property to rent or purchase. The reason for such regulations is to protect the housing stock in an island of 45 square miles where demand exceeds supply. The population density of Jersey is approximately double that of England & about a quarter less than Guernsey. Consequently it is a requirement that anybody wishing to buy or rent property is obligated by law to have the consent of the housing minister who may apply conditions to this consent. The regulations clarify the various methods of qualifying to lease or purchase property in Jersey. However new-comers to the Island will mainly be classified as 'Non- Qualified' JCat' or '1.1k'. It is vital to know your housing category and limitations from the outset.

In the belief that forewarned is forearmed we attempt to demystify the categories for you as follows:

< Click here for more >

Is the price right? Due to the limited amount of housing stock in the island, property in Jersey has not encumbered its owners with the burden of negative equity. Whilst 2008 saw the price of property rise by 20%, the figures for 2009 show a more modest rise of just 2%. These unassuming rises in price are driven by slowly increasing demand. In 2007 the number of properties sold was 251, in 2008 this figure dropped to 108, however in 2009 property sales increased to 191. Estate agents report that houses consisting of 3 beds or under are maintaining flat price levels. Whereas properties of 4 beds or over, have seen price increases of 7%. The reason for this could be found in the average house price index. Three bed properties are averaging £500,000 and Four bed properties average out at £730,000. These price brackets appeal to people of differing age groups & financial situations. Those buying in the +£700,000 group have a more liquid financial situation, which means they are not encumbered by Bank lending issues. Hence the 7% rise in price. With our knowledge of the local property market we ensure we are at the sharp end of property purchase information. Finding the right property at the right price is our principal objective. Our confidential clientbase are reassured that we only represent their interests (we represent no third parties). Talk to us today and see how we can assist you.

 

 

   

 


Ace Relocation Website In This Issue New location, New school House It Going Is the price right Featured Property Featured Property

 

This elegant property is set within the relaxing atmosphere of St Brelades Bay, with views towards the sea & the ancient church of St  Brelade.The property is in excellent decorative condition Having a large sunny wrap around balcony which is ideal for entertaining. The house is set over 3 levels as follows: Ground Floor Large double garage Outside parking for approx 3 cars

Utility room

First Floor Office/study

Shower room (with W.C) Office/study with shower room could be use as a self contained unit accessible from inside house but with separate stairs from outside also Large modern kitchen/breakfast room 20ft x 20ft living room Conservatory/dining room Second Floor

Large master bedroom with dressing room and en-suite

Further 3 bedrooms

 House Bathroom   Available to Rent at £4,000/month


Jersey in Figures • RPI :3.2%

•Area :116 Sq Km •Population : 91,800 •Pop / Sq Km: 790

Housing Stock •Owner Occupied: 52% •Qualified Rental: 24% •Non Quals Rental: 9% •State Housing : 16%

Average House Price •2 Bed £400,000 •3 Bed £515,000 •4 Bed £737,000

Average Flat Price •1 Bed £244,000 •2 Bed £327,000  Employment  •Local : 84% •Non Qualified: 12% •J-Catagory : 3% •Others : 1%

   

Katie Griffiths Ace Relocation + 44 (0) 1534 832383

Ace Relocation Spring 2010 newsletter  

Ace relocation spring 2010 newsletter

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