APRIL 2020

Property Monthly

April 2020

Issue No. 185

Stay Connected!

JOIN OUR EASTER EGG HUNT!

Be in for a chance to win a Giant Easter Egg! See Page 2 for more details by

JOIN OUR EASTER EGG HUNT!

From Monday 6th April until Thursday 16th April we will be hiding 4 Thompson Easter Eggs within property photos on our website. All you have to do is find them!

Once you’ve found all the eggs, email sales@thompsonestates.com with either the 4 property RES numbers or send us a screenshot of the pages on our website.

The winner will be randomly selected and announced on Friday 17th April, and will win a Giant Easter Egg! Good luck and happy hunting!

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

3

COMING SOON A great opportunity to create your dream home! Large granite barn set in a rural countryside location. Parking for 2 cars.

Asking £200,000 Closing date 10th April Please call Victoria on 07912 480148 or Kerry on 07797 825122

NEW

FLYING FREEHOLD

£255,000

APARTMENT

St Helier

1

1

0

RES133

FLYING FREEHOLD

£257,000

APARTMENT

St Helier

1

1

0

RES107

SHARE TRANSFER

£265,000

APARTMENT

St Helier

1

1

0

RES048

4

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

SOLE

SHARE TRANSFER

£295,000

APARTMENT

St Saviour

1

1

1

RES047

NEW

FLYING FREEHOLD

£315,000

APARTMENT

St Helier

2

1

0

RES101

COMING SOON Choice of 2x one bedroom flats in St Peter.

Good size living space and parking for 2.

Sole Agent.

Asking £315,000 & £325,000 Please call Victoria on 07912 480148 or Kerry on 07797 825122

NEW

FLYING FREEHOLD

£375,000

APARTMENT

St Helier

2

1

0

RES109

TEL

01534 888855

WEB

www.thompsonestates.com

SHARE TRANSFER

£345,000

APARTMENT

St Helier

2

1

0

RES110

ONLY 2 REMAINING

FLYING FREEHOLD

£375,000

APARTMENTS

St Helier

1

1

1

RES174

NEW & SOLE

SHARE TRANSFER

£375,000

MAISONETTE

St Helier

1

1

1

RES118

FLYING FREEHOLD

£400,000

APARTMENT

St Helier

2

1

1

RES045

EMAIL

sales@thompsonestates.com

TEL

01534 888855

5

6

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

WANTED 2 Bedroom cottage for waiting purchasers.

Rural location preferred but anywhere would be considered. Parking and an outside area a must. Immediate decision given, no chain.

Funds up to £525,000 Please call Matt on 07797 737 773

NEW & SOLE

SHARE TRANSFER

£415,000

APARTMENT

St Helier

2

2

1

RES064

SOLE

SHARE TRANSFER

£520,000

APARTMENT

St Helier

2

2

1

RES058

FLYING FREEHOLD

£540,000

APARTMENT

St Clement

2

2

2

RES198

TEL

01534 888855

03/2020

2020 has got off to a flying start, and it is likely that we will see a lot of change in the Jersey property and lending markets this year.

House prices are on the rise, mortgage interest rates are falling, lenders are modifying their lending criteria and income multiples and the impact of Coronavirus, on the economy could result in the Bank of England having to review Base Rate downwards.

JERSEY HOUSE PRICE INDEX - FOURTH QUARTER 2019 The recently released report from the States’ Statistical Unit, has confirmed just how buoyant the local property market is with overall increases in value of 7% for each of the past two years.

The Best Rates...

Last month, our best rates chart showed reductions in some of the key mortgage rates, and this trend has continued through to March, with further reductions being introduced. The biggest demand is still for five-year fixed options which represent incredible value.

In particular, the 90% rate of 2.29%, fixed for five years, and the 60% two-year fixed at 1.28%.

Pick of the Bunch

(% loan to property value/price)

60%

Tracker

1.49%

60%

2 year fixed

1.28%

60%

5 year fixed

1.65%

60%

10 year fixed

2.74%

85%

Tracker

1.74%

85%

3 year fixed

1.80%

85%

5 year fixed

1.96%

90%

Tracker

2.19%

90%

2 year fixed

1.93%

90%

5 year fixed

2.29%

95%

2 year fixed

2.99%

95%

5 year fixed

3.49%

100% 5 year fixed

3.99%

60%

BTL 2 year fixed

1.69%

60%

BTL 5 year fixed

2.30%

www.mortgageshop.je

The figures showed average prices for one bed flats at £287,000, two bed flats at £418,000 and three bed houses at £632,000, although these figures tend to reflect the sales of newly built property, ignoring the fact that the ‘’second hand’’ market can be significantly lower.

First Time Buyers should draw comfort from the fact that one bed flats can still be purchased for around £220,000, two bed flats for £320,000, whilst three bed houses can still be found for £500,000 plus. If buyers are prepared to purchase a property that requires a bit more than a lick of paint, then the savings can be even greater. With recent transactions through The Mortgage Shop of £280,000 for a two-bedroom flat, £215,000 for a two-bedroom house, £430,000 for a two-bedroom bungalow – the list goes on.

IMPROVED LENDING CRITERIA Last month we mentioned that some lenders had been introducing changes to their lending criteria, and this trend has continued.

This means that more lenders are now able to offer higher levels of lending than was previously the case. With multiples of income available in the range of 4.75 times to in excess of 7 times gross annual income. Lenders who for years have dominated the market with the lowest rates, now find that they have been challenged by those who are offering even better options, to attract a larger share of the market.

These are interesting times for borrowers, although the changes that are being made will have to be tested by the market, which makes the need to consult a mortgage broker, who has access to all mortgage providers, even more essential.

CORONOVIRUS The only possible benefit that borrowers might enjoy from this awful threat, as it rumbles slowly closer, is the fact that it will almost certainly have an adverse effect on the British economy, which could result in Bank of England Base Rate falling.

An even lower cost of borrowing could boost the local property market even further. Although, the question that remains unanswered at the moment is the impact that the virus will have on the market and whether homeowners will still want to trade up to a larger property and First Time Buyers still want to get on the property ladder?

info@mortgageshop.je

Your home is at risk if you do not keep up with repayments on a mortgage or other loans secured on it

8

WEB

www.thompsonestates.com

NEW & SOLE

FREEHOLD SEMI-DETACHED HOUSE

£589,000 St Clement

3

1

1

RES086

NEW

FLYING FREEHOLD

£485,000

MAISONETTE

St Helier

2

1

0

RES116

FREEHOLD SEMI-DETACHED HOUSE

£620,000 St Lawrence

3

1

3

RES319

NEW & SOLE

SHARE TRANSFER

£625,000

APARTMENT

Green Island

2

2

2

RES031

EMAIL

sales@thompsonestates.com

TEL

01534 888855

WEB

www.thompsonestates.com

NEW

FREEHOLD

£620,000

TERRACED HOUSE

St Helier

3

2

2

RES013

FREEHOLD

£650,000

COMMERCIAL

Gorey

3

1

2

RES033

ONLY 2 AVAILABLE

FLYING FREEHOLD PENTHOUSE APARTMENT

£675,000 St Helier

2

2

2

RES157

EMAIL

sales@thompsonestates.com

TEL

01534 888855

9

10

WEB

www.thompsonestates.com

FREEHOLD SEMI-DETACHED HOUSE

£695,000 Grouville

3

2

8

RES012

SOLE

FLYING FREEHOLD

£725,000

APARTMENT

St Brelade’s Bay

3

2

2

RES087

SHARE TRANSFER

£785,000

APARTMENT

St Helier

2

2

2

RES067

SHARE TRANSFER

£795,000

LODGING HOUSE

St Saviour

6

5

1

RES061

CHOICE OF 2

FLYING FREEHOLD

£895,000 & £950,000

APARTMENTS

Greve de Lecq

2

2

2

RES227

EMAIL

sales@thompsonestates.com

TEL

01534 888855

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

11

NEW & SOLE

FREEHOLD DETACHED BUNGALOW

£895,000 St Martin

3

1

5

RES080

FREEHOLD

£945,000

TERRACED HOUSE

St Helier

5

2

3

RES024

COMING SOON Detached 5 bedroom family home in the East of the Island. Garage, parking and west facing garden.

Asking £950,000

Please call Matt on 07797 737773

HELPING YOU INTO YOUR PERFECT HOME

Whether you are looking to invest, buying your first home or relocating to Jersey, we provide practical, plain English advice at each stage of your property purchase. Visit collascrill.com or contact: Paul Deveau // e: paul.deveau@collascrill.com t: 01534 601727 Gavin Renault // e: gavin.renault@collascrill.com t: 01534 601630 Connect with us BVI // Cayman // Guernsey // Jersey // London // Singapore

12

WEB

www.thompsonestates.com

NEW

FREEHOLD

£1,195,000

DETACHED HOUSE

St Helier

4

3

6

RES095

FLYING FREEHOLD

£1,200,000

APARTMENT

St Aubin

2

2

2

RES186

FREEHOLD CONVERTED CHAPEL

£1,380,000 St Lawrence

4

4

5

RES022

FREEHOLD

£1,495,000

DETACHED HOUSE

Rozel

4

2

4

RES081

EMAIL

sales@thompsonestates.com

TEL

01534 888855

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

13

NEW & SOLE

FREEHOLD

£1,500,000

DETACHED HOUSE

St Peter

4

3

10

RES115

FREEHOLD

£1,600,000

TOWNHOUSE

St Aubin

3

2

RES073

Stay cool, calm & protected Your home and its contents are covered by Jersey Mutual

®

Est Est 1869 1869

No endless phone queues, no stalling, no uncertainty and no complicated claim procedures. Since 1869, the Society has been exclusively owned by our Members.

Because all of our profits are invested back into the Society, we are always working to stabilise premiums, increase cover and improve our service to you.

With 27 directors personally serving your 12 parishes, we are committed to providing you with the highest level of service at all times.

For home & contents insurance

Talk to real people, talk to us.

Call 734246 or visit www.jerseymutual.com

Jersey Mutual is regulated by the Jersey Financial Services Commission

SC/GEN/20

3

14

WEB

www.thompsonestates.com

FREEHOLD

£1,550,000 & £1,650,000

DETACHED HOUSES

Trinity

4

4

4

RES089 &RES090

SOLE

FREEHOLD SEMI-DETACHED HOUSE

£1,625,000 Gorey

5

3

2

RES019

FREEHOLD GRANITE RESIDENCE

£1,695,000 St Martin

5

4

14

RES010

SOLE

FREEHOLD

£1,895,000

DETACHED HOUSE

St Martin

5

5

14

RES053

SHARE TRANSFER LUXURY APARTMENTS

£2,250,000 St Lawrence

3

3

2

RES078

EMAIL

sales@thompsonestates.com

TEL

01534 888855

WEB

www.thompsonestates.com

EMAIL

sales@thompsonestates.com

TEL

01534 888855

NEW

FREEHOLD

£2,550,000

DETACHED HOUSE

St Peter

5

5

7

RES114

CHOICE OF 2

FREEHOLD

£2,650,000

DETACHED HOUSES

Trinity

5

5

6

RES091

FREEHOLD

£2,750,000

DETACHED HOUSE

St Peter

7

5

15

RES076

FREEHOLD GRANITE RESIDENCE

£2,950,000 St Aubin

4

3

5

RES017

• Windows • Gutters • Carpets • Upholstery • Office & House Cleaning • • Power Washing • General Cleaning Services • • Fully Insured - Free Quotations • M.: 07797 764180 T.: 01534 789965 E.: ultimatecleaning@myself.com

15

16

Lettings

QUALIFIED

QUALIFIED

£825 pm

STUDIO

QUALIFIED

£1,600 pm

APARTMENT

St Clement

0

1

1

REN023

QUALIFIED

2

2

1

£1,900 pm

1

2

REN085

QUALIFIED

£3,000 pm

HOUSE

£3,500 pm

3

6

2

2

REN005

QUALIFIED

£4,000 pm

HOUSE

£4,750 pm

2

2

REN070

4

4

St Mary

4

3

6

REN056

£4,000 pm

APARTMENT

REN027

St Brelade

3

3

2

REN095

QUALIFIED

APARTMENT

£5,416 pm

£5,500 pm

HOUSE

St Brelade

2

REN016

£3,350 pm

HOUSE

St Clement

4

St Brelade

2

REN011

QUALIFIED

APARTMENT

1

QUALIFIED

St Clement

2

2

St Clement

3

QUALIFIED

APARTMENT

St Helier

2

QUALIFIED

St Lawrence

2

REN075

QUALIFIED

COTTAGE

£1,625 pm

APARTMENT

St Helier

2

EMILY HACQUOIL Lettings Negotiator 01534 707900 07700 348212 emily@thompsonlettings.com

2

REN017

St Brelade

3

3

3

REN071

KELLY DOBIN Lettings Negotiator 01534 707908 07797 889836 kelly@thompsonlettings.com

17

JERSEY

St Martin

Asking Price £2,950,000 – FC021

Approached via its own gated entrance, this spectacular Georgian style property with contemporary luxury interior is amongst one of the finest homes in Jersey.

The property is situated in the heart of St Martins countryside, occupying a very private plot commanding outstanding far reaching agricultural views from all principle rooms.

The 5058 sq.ft of luxurious accommodation has been finished to the highest specification with meticulous attention to detail.This exquisite home is bright

Grouville

and spacious and includes:- drawing room, dining room, luxurious David Hicks kitchen, utility room and a orangery overlooking the pool and garden. There is an impressive master suite with separate dressing room and bathroom, 4 further bedrooms and 3 bathrooms. Externally there is an outdoor swimming pool with water feature and Jacuzzi, a superb entertaining pool house with kitchen and w.c. extensive terraces and manicured gardens enjoying far reaching countryside views with all day sun, a integral double garage and ample parking on the brick paved forecourt.

Asking Price £3,400,000 – FC008

Built for a family, boasting six bedrooms in the main house with a pool house and guest flat over the garage, La Rochelle doesn’t disappoint and delivers on many expectations. A stone’s throw from several local schools and St Michael’s Preparatory and the centre of St Helier where you will find all the local amenities you need.

The elevated position of the house allows for far-reaching countryside and sea views, and you approach the house through private electric gates to the generous driveway with parking for several cars and access to a double garage.

Built to a high specification and measuring approximately 6,000 sq.ft, the house also comes complete with plans approved for two extensions, a heated swimming pool and expansive outdoor terraces.

TEL: 01534 840022

www.fineandcountryjersey.com

18

JERSEY

St Brelade

Asking Price £4,950,000 – FC073

Cutting a modest figure from the roadside, this exemplary four bedroom residence, with private garden, garage and sea view sits in an elevated position on the St Brelade coastline. A modern architectural home incorporating state of the art features with exceptional accommodation. The spacious ground floor offers three reception rooms including a living room and kitchen with expansive floor-to-ceiling glazing and sliding panels which draw in natural light and a fully equipped cinema room and study. An oasis of calm, the spectacular master bedroom suite has a bespoke fitted dressing area and ‘his and hers’ separate en-suite bathrooms and a glass frontage opening onto its own private large

St Lawrence

balcony with beautiful views.There are three further stunning bedroom suites, all with luxurious fitted furniture and en-suite bathrooms. All rooms benefit from underfloor heating, LED feature lighting and Sonos surround sound.The immaculate, manageable south facing gardens have been expertly designed to provide year round interest, featuring a large pond, lawned area and amazing terrace which benefits from all day sunshine. There is a double garage with electric door, ample driveway parking and electric gates. The location is second to none, in an elevated position within walking distance of St Aubin, Ouaisne & St Brelade’s Bay.

Asking Price £4,500,000 – FC065 - NEW & SOLE

Enter a world of style and sophistication with this exquisite construction, Maison Bel au Vent. This masterpiece incorporates quality craftsmanship, creative design and timeless elegance in a home that is meant for both everyday living and fabulous entertaining. Maison Bel au Vent approaches 8,000 sq.ft and offers luxurious accommodation arranged over two floors. Use of natural materials is present throughout along with handmade cabinetry and the latest complimentary technology for modern living.

‘inside-outside’ feel whilst offering excellent views over a contemporary water feature, pool and garden. Multiple reception rooms complement an ultra-luxury entertaining kitchen complete with a wine room designed to make you stop and stare! There are 4 bedroom suites and an independent staff/guest ground floor apartment, pool house, a vast 20 metre pool and a beautiful sunken outdoor living space with built-in seating and fire pit. An in-and-out driveway offers ample parking along with an additional parking area and garaging.

A particular feature of the property is an impressive reception hall with a floating solid oak staircase, galleried landing and a large floor to ceiling window giving an

TEL: 01534 840022

www.fineandcountryjersey.com

19

JERSEY

St Brelade

Asking Price £6,995,000 – FC075

This magnificent 5 bedroom property was completed in 2012, with exceptional design and attention to detail. Providing over 6,000 sq.ft the property is currently laid out with 3 bedroom suites on the ground floor and the first floor providing a sensational master suite with lounge areas and private balconies. From entering through the gated entrance one is immediately taken with the wow factor. An impressive entrance area with plentiful natural light leads you through to what is possibly the finest contemporary kitchen in Jersey with striking features throughout. The property further benefits from a beautifully appointed

St Martin

lounge with feature log burner, butlers kitchen, utility room, gymnasium, cinema room plus galleries office/study area. Externally the manicured gardens offer complete privacy and lead to a beautifully tiled heated swimming pool area with separate hot tub and sauna complex all benefiting from views over the lavender fields. Within the grounds, there is a large detached double garage, with the benefit of a sizeable separate unit with kitchen and shower room ideal for staff or guests. Whether you’re entertaining or enjoying quiet family meals out in the gardens, Les Grillons provides the ultimate in flexible modern family living.

P.O.A – FC044 - NEW

Carteret House is situated in one of the finest coastal locations on Jersey’s North East coast, enjoying a commanding cliff-top position above Rozel. The 5 bedroom house offers views of the protected native woodland with a private winding pathway leading down to a rocky cove.

Cleverly offering a contemporary look with the enduring pleasure of absolute quality of concept, high-end appliances, the latest technology and materials, and spectacular workmanship. The building specification exceeds current market expectations ensuring an easily maintained environment with all of the modern day conveniences.

The 2.8 acre grounds consist of lovely manicured lawns, various terraced areas that enjoy the sweeping sea views, infinity pool with sunken seating area, and an enclosed parking forecourt for numerous cars. If all of this wasn’t enough, there is a detached six-car garage block with staff/guest accommodation above which is cleverly connected to the main house by a spacious glazed passage.

TEL: 01534 840022

www.fineandcountryjersey.com

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+ 250

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= Landline

monthly rental included

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