news june07

April saw a major move for Fraser & Co. It bid a brief farewell to St John's Wood, as the team moved out of the original Boundary Road offices and into newly refurbished premises in Paddington Basin, merging with the already established team previously located in the office next door on South Wharf Road. To celebrate the smart new look, the bigger premises and central position, a champagne reception was held with a rather special VIP in attendance. Dame Edna Everage paid a visit, causing a stir among the large turnout - OK, perhaps not the real Dame, but a pretty good look-alike nonetheless.

Settled in and straight back to work, the team are already feeling the benefits of the new location. Backing onto Paddington Waterside and right opposite one of the new soon to be built developments of Merchant Square, it's clearly an exciting place to live and work, with Fraser & Co now in the heart of these new developments. The area has unrivalled transport links across London and worldwide via the Heathrow Express, making Paddington Basin ideal for businesses and residents alike; a vibrant destination of state of the art offices and homes, and a colourful waterspace environment with a mix of cafés, bars, restaurants and shops. The strong team here will be looking after lettings and sales in the surrounding area and central London, so call in for expert advice and a highly professional service at all times.

11 Westcliffe Apartments 1 South Wharf Road Paddington Basin London W2 1JB
Tel: +44 (0)20 7723 5645
info@fraser.uk.com

Continuing the further widening of the company network, Fraser & Co are soon to be establishing an office in Elephant and Castle, working with Oakmayne Properties. Lettings will soon be available in the stunning new development Crampton street SE17, which has been built to incredibly high specifications.

For more information, contact Debbie on
+44 (0)20 7723 5645 or info@fraser.uk.com

You've purchased your new property on a buy-to-let mortgage and now you intend to rent it out. But wait, most landlords already know that managing a property is not as easy as first imagined. That's where Fraser & Co's pofessional management department can help. Property Manager Rumina Aktar explains some of the benefits of using their expert service.

"We take care of the day to day running of the property for our clients, from paying the regular outgoings such as ground rent, rates, service charges, insurance etc, to looking after repairs and general maintenance. We inspect the property twice a year, to make sure it's being used for the right purposes, which also gives us an opportunity to see if any repairs are needed, and then we'll send out a brief report. We also account to the landlord on a monthly or quarterly basis," she says.

They can also arrange for thorough cleaning of the property between tenancies, making sure it's perfectly ready for the new tenants to move in again. An independent inventory clerk can provide a check-in and check-out report, keeping an eye on dilapidations to charge the outgoing tenant. All gas appliances are also checked by a registered CORGI engineer prior to the commencement of the tenancy, or at yearly intervals - a legal requirement subject to the 1994 safety regulations act. Safe to say, everything you need to do in order to run your property correctly is covered by the Fraser & Co Management Department. It's amazing how many queries can arise when dealing with tenants in your property, so it's best to be on the safe side and leave it to the professionals.

For more information, contact Rumina direct on +44 (0)20 7725 4277 or rumina@fraser.uk.com

A luxurious penthouse is available to rent on the 14th floor of this waterside location of West End Quay in Paddington Basin. The apartment has four bedrooms and three bathrooms, all beautifully interior-designed, and is on the market at £2,500/week. Contact Debbie on +44 (0)20 7723 5645 or debbie@fraser.uk.com

Contact Debbie on +44 (0)20 7723 5645 or debbie@fraser.uk.com

A stunning four storey townhouse in Paddington is available to rent at the end of June for £700/week. Amazing value, it features three bedrooms, two bathrooms, kitchen and separate dining area.

Contact Kelly on +44 (0)20 7723 5645 or Kelly@fraser.uk.com

A three bedroom apartment is available to rent in Chiltern Court, Baker Street W1. Situated in a stylish mansion block, it has recently benefited from refurbishment with wood flooring throughout. It is ready for rent immediately at £650/week. In Marathon House on Marylebone Road W1 is a two bedroom, two bathroom apartment, available for rent. Situated in this modern block, the accommodation has been recently refurbished, and is available at £600/week. A two bedroom, two bathroom, recently refurbished apartment is also available to rent in Templar Court in St John's Wood NW8. This smart block has concierge facilities and underground parking available. It is on the market at £700/week.

Contact us on +44 (0)20 7299 9050

Did you know that if you've owned your flat for at least two years, in most cases you're entitled to extend your lease for 90 years in addition to your existing unexpired lease?

The Freeholder is compensated with the payment of a capital sum, but how much? Normally, a Freeholder will quote you way over and above what you should be paying.

But worry not, because it's your right to challenge it, as the amount payable can be properly calculated by a Chartered Surveyor in accordance with statutory legislation.

A Chartered Surveyor acting on your behalf can literally save you thousands of pounds in challenging the figure quoted for your lease extension by the Freeholder.

Remember, if your lease is 80 years or less, the longer you leave it to extend the more expensive it can get, so call Fraser & Co Professional Services Department on 020 8365 2017 or keith@fraserprofessional.co.uk to see how we can help you.