Welcome to Issue 2 of The Edge, our newsletter providing insights into the world of DeTrafford Estates, our plans, the progress of our developments and the communities we serve.
The Roof Gardens – One Ellesmere Street, DeTrafford Estates’ pioneering development of 71 new homes in Castlefield has won national recognition after being named ‘Best Design for Four Storeys or More’ in the prestigious Housebuilder Awards.
The Edge is a brand new quarterly newsletter providing insights into the world of DeTrafford Estates, our plans, the progress of our developments and the communities we serve.
A unique artistic collaboration between DeTrafford Estates and fine art photographer Simon Buckley will chart Castlefield’s changing cityscape and provide new insights into the role of the developer in the transition of Manchester.
Simon, a successful photographer for over 25 years, has recently won plaudits for his intimate twilight portraits of the changing city, documenting Manchester’s Northern Quarter. His ‘Not Quite Light’ project and exhibition revealed the subtle use of half light at dawn and dusk as a metaphor for transition.
This latest commission will document the evolution of an area bordered by Chester Road and Castlefield Conservation Area over the next five years and examine the priorities and perspectives of DeTrafford Estates’ Director and Founder, Gary Jackson, in a regular video blog.
Simon commented: “Rapid change in Manchester has generated a ‘them and us’ attitude among some people as they question who is behind developments and their motives. I am keen to put a human face to these schemes, beyond mere bricks and mortar, as well as create an historical archive of a changing city. I see it as the artist and the developer coming together to provide a frank exploration of change as our city modernises and adapts for the future.”
Gary Jackson said: “I am delighted that Simon will be bringing his undoubted photographic prowess, artistic perspective and independent approach to tell the story of our Manchester Gardens development. I like to think we are a developer with a difference - not least because of our commitment to the provision of sustainable outdoor spaces for modern city centre living - and I look forward to demonstrating why as the project unfolds.”
This evolving photographic catalogue, together with the video blog, will be updated on the DeTrafford website www.detrafford.com and it is hoped the work will eventually be published as a book or form an exhibition.
Manchester City Council recently gave the go-ahead for St George’s Gardens, the fourth phase of the wider development of the area which will comprise the overall Manchester Gardens scheme. This latest approval brings the number of homes approved to 379, including The Sky Gardens, The City Gardens and the award-nominated Roof Gardens – One Ellesmere Street, the first phase, which is due for completion Q1/Q2 2017.
The Roof Gardens, One Ellesmere Street, DeTrafford Estates’ pioneering development of 71 new homes in Castlefield has been shortlisted for ‘Best Design for Four Storeys or More’ in the prestigious Housebuilder Awards.
Organised by Housebuilder magazine and supported by the Home Builders Federation and the National House Building Council, the awards are geared to reward innovation and excellence. They seek to recognise those in the industry who are improving quality, design, efficiency and customer care in house building.
The Roof Gardens will provide attractive outdoor living space at the edge of Manchester city centre with all homes featuring individual private roof gardens, marrying suburban comforts with inner city living.
.... Read more
Planning granted for The City Gardens
We are delighted to be working alongside the Home Builders Federation.
** Personal Assistant wanted | circa £18,000 ** DeTrafford Estates are currently seeking a Personal Assistant for our Manchester base. The role is located at our Alderley Edge Office and your main role is to be a PA to the owner and director of the firm. If you are interested in a new challenge please contact me on 01625 583 541 or email me at email@example.com
Please note this position has now been filled.
** Sales Administrator wanted | circa £18,000 ** DeTrafford Estates are currently seeking a Sales and Office Administrator for our London base. The role is located in northwest London and will include assisting with and organising sales. If you are interested in a new challenge please contact me on 01625 583 541 or email me at firstname.lastname@example.org
Please note this position has now been filled.
Cavendish Place – stylish new homes in Bowdon with an echo of the past
An imaginative development which combines the restoration of two former grand properties in prestigious Bowdon with the creation of seventeen stylish, superior homes will go ahead this Autumn, it was announced 30th July 2015.
Following planning approval, DeTrafford Estates will commence work on Cavendish Place, a desirable private development at the heart of the village with one of Cheshire’s most desirable postcodes. The plans acknowledge the heritage significance of the buildings in restoring the elegant period facades while allowing for their sensitive conversion to create luxury living space for today’s purchasers.
Southbank House was owned in the 1860’s by a wealthy cotton merchant and the new homes will showcase the building’s heritage through restoring original period features, while combining ultra efficient modern technology to provide attractive, appealing contemporary homes. Accommodation comprises:
8 x three bedroom duplex apartments
1 x four bedroom house (16 Higher Downs)
Delamer Lodge will offer a range of accommodation from generously proportioned suites and apartments to stylish duplexes and prestigious penthouses. The building successfully combines the clean, minimal lines of modern interior architecture with its period exterior design. Choice of homes will include:
4 x three bedroom triplex apartments
1 x four bedroom duplex apartment
1 x three bedroom duplex apartment
1 x three bedroom duplex house (The Glass House)
1 x three bedroom triplex house (The Coach House)
Each lavishly equipped home will enjoy its own outside space – a terrace, balcony or sunken garden – within the private walled gardens and manicured lawns of Cavendish Place. Inside, the generously proportioned windows and high ceilings will create open and elegant spaces, bathed in pools of natural light which will evoke the genteel aura of a bygone age.
Michael Walsh, Commercial Director of DeTrafford Estates, commented: “We are always seeking innovative, efficient and elegant design solutions. At the heart of our plans for Cavendish Place was the removal of unsympathetic extensions to the existing buildings and their replacement with a high quality designed development for today’s living, together with the sensitive restoration and repair of the original fabric.”
DeTrafford Estates is based in Alderley Edge and has successfully completed a sensitive conversion of Lawnhurst, a 73 room Victorian manor house. It has been acknowledged for the award winning design of The Roof Gardens development in Castlefield which will provide 22 apartments and 49 townhouses and has recently been granted planning permission for the development of The Sky Gardens with 162 apartments on the neighbouring site.
To request further information, please contact Kane Jackson, the Sales Director at 01625 583 541 or email email@example.com.
Help to Buy is a government scheme which could make getting on to, or moving up, the housing ladder more accessible. It helps existing home owners and first time buyers purchase a home with as little as 5% deposit.
There are two ways to purchase a property up to the value of £600,000 using Help to Buy:
Mortgage Guarantee - available on both pre-owned and new build properties with a standard mortgage of up to 95% of the purchase price.
Equity Loan - available on new build properties only using a government equity loan of 20% of the purchase price plus a traditional mortgage
Please see the attached Guide from Chesterton Humberts.
There is further evidence of recovery in both the housing market and the wider economy. The difference between now and this time last year is staggering and largely unexpected. First time buyers are entering the market in volumes not seen since 2007 and buy-to-let mortgage lending continues to rise.
“Bank of England Governor Mark Carney’s recent statement has given some confidence to lenders and buyers alike. However, the reported linkage to the unemployment rate is misleading as the full text of his speech waters down this connection with various other considerations which could override it. Nonetheless, interest rates are likely to remain low at least until the General Election which is scheduled for May 2015.”
Chesterton Humbert’s Residential Observer Report August 2013 provides further evidence and support to the property market’s continued recovery. Their report has highlighted that;
• Q2 mortgage lending to first time buyers reached its highest quarterly total since 2007
• Thee number and value of new BTL mortgages in Q2 were the highest since Q3 2008
• Average UK rents reached their highest ever level in June
• 2013 has seen the highest half-yearly new home registrations since 2008
• Average national house prices continue their upward trend, albeit the growth rate is modest and talk of price bubbles appears somewhat premature for the time being. According to the Land Registry, average prices rose by just 0.8% in the year ending in June. The Nationwide and Halifax indices (based on much smaller samples) are more bullish at, respectively, 3.9% and 4.6% in the year ending in July.
• More good news from the mortgage market. The Council of Mortgage Lenders has reported that lending to first time buyers in Q2 2013 reached its largest quarterly total since 2007. First-time buyers accounted for 46% of all house purchase loans in June, compared to the 38% seen on average since 2007.
• Buy-to-let lending has also risen, with £5.1 bn worth of BTL mortgages being approved in Q2 2013 according to data from the Council of Mortgage Lenders. Both the number of loans (+19% on an annual measure) and the value of lending (+31%) were the highest recorded since the third quarter of 2008
• Recently published data from the government show that the Help-to-Buy Equity Loan scheme attracted over 10,000 reservations for new build homes between its launch in April and the end of July.
• House prices close to Premier League football grounds have increased by almost two and a half times over the last 10 years, according to research by the Halifax. The average house price in the postal districts of the 20 premiership clubs in the 2013/14 season has increased by 135% – double the 68% increase in house prices across England and Wales as a whole over the period.
• National House Building Council data show that 2013 has seen the highest half-yearly new home registrations since 2008. 67,422 new homes were registered between January 2013 and the end of June.
• Rental arrears have fallen to their lowest level for more than two years according to recent research from the National Landlords Association. 39% of landlords and buy-to-let mortgage holders experienced instances of rental arrears in the last 12 months, down 9% year-on-year, reaching levels last seen in Q1 2010. The study also noted that void periods in private residential property have also dropped to levels last seen in 2012.
• According to Homelet, the average cost of renting a home in the UK increased by 3% during June to £811 per month, the highest average UK rental amount on record.
• A recent survey from Rightmove revealed that of the 3,000 tenants contacted, 60% felt excluded from the mortgage ladder – an 8% rise since 2011. Of these trapped renters, one third had owned a property but decided to sell and return to the rental sector, and now found themselves priced out of the sales market. The survey additionally found that one in six of those expecting to buy for the first time this year will be aged 40 or over. Despite these difficulties, the desire to own a home has not diminished, with 96% of respondents aspiring to homeownership.
For more information on the market’s growing recovery, please down download the full report here;
The Roof Gardens - One Ellesmere Street's Coming Soon campaign, is now live on Rightmove.
With a third of the first Phase of homes reserved now is the perfect time to take a look and reserve your own home from £2,000 for Apartments and £4,000 for Townhouses
Visit or Rightmove site below or call 01625 583541 for more information.
We are delighted to announce that The Roof Gardens – One Ellesmere Street has been shortlisted for the prestigious The 2013 Housing Design Awards under theProject Scheme category.
The annually Housing Awards have been established since 1981 and its winners have included some of the most innovative and pioneering housing concepts in the UK and we hope that One Ellesmere Street joins this illustrious list of past winners.
The Housing Awards work in close collaboration with a number leading departments and organisations such as the HCA, The Department of Health and the RICS. The awards unite cross industry partnerships between various arms of government, the private sector and all the professional institutions. No other housing awards have the mandate to call themselves “the industry’s Housing Design Awards”.
For more information about the Housing Design Awards and the other nominees please visit http://www.hdawards.org/shortlisted_schemes/project.php.
The winner of each category will be announced at the Award Ceremony on 4 July in London.