As part of our wider expansion plans at Vesper Group, our first step has been to create an Asia desk in the UK.
At present this is based in our Manchester office, however, Helen who has joined us will also be providing support to London and creating a special link with our Hong Kong office.
Whether its yourself, a friend or family member and Mandarin is your preferred language, you can be assured that you have a single point of contact who can speak the dialect. We are gradually converting Vesper Group literature into Mandarin & Cantonese from our current English versions including our Lettings Fee’s & Services.
If you would like to refer your contacts to us for our Lettings Services, please do forward our Mandarin or English version to them. It can be downloaded below.
“I’m delighted to join the Vesper Group. My colleagues are incredibly passionate and committed to their work, serving customers with great dedication and a deep understanding of all properties. Working with them feels wonderful because we are all fully committed to helping our clients, ensuring they can smoothly complete their transactions and have a beautiful home in Manchester.”
Embarking on a journey to a new area, especially a new country, can indeed feel like a daunting task. However, with careful planning and the right approach, the transition can be made smoother. Here are some invaluable tips for those relocating from abroad to the UK.
1. Timing and Approach to Property Search: Initiate your rental search approximately six weeks before your intended move-in date. Properties typically hit the market around this time frame, maximizing your options.
2. Choosing a Property: In England and Wales, seek properties through an ARLA-licensed agent such as Vesper Group for assurance of adherence to industry standards. Understand the payment structure for long-term and short-term tenancies, including utility costs and additional services.
3. Selecting the Right Neighbourhood: If relocating for work, consult your company for advice on commutable areas. Utilize online resources to research local amenities, schools, and transportation links to narrow down your preferred location.
4. Planning: Contact essential services such as healthcare providers and banks in your chosen area in advance. If you have school-age children, explore school options and enrolment procedures early in the process.
5. Transportation and Commute: Evaluate transportation options and costs for your daily commute and school runs. Websites like TFL, City mapper, and National Rail can provide valuable route planning assistance.
6. Furnished vs. Unfurnished: Understand the difference in property furnishing based on size and type. Smaller properties typically come furnished, while larger ones may require you to furnish them yourself or rent furniture packages.
7. Utilities and Council Tax: Familiarize yourself with utility payments and council tax obligations, which tenants are generally responsible for. Negotiate payment frequencies that suit your needs and budget.
8. Pet Considerations: If you have pets, factor in any restrictions or additional costs related to renting with animals. Be prepared to pay higher rent or deposits to accommodate your furry companions.
9. Seek Professional Assistance: Consider seeking guidance from professionals, especially for complex matters. Services like Savills Corporate Services offer dedicated relocation assistance, covering both property and non-property related aspects.
Engage with the Community: Embrace your new surroundings and actively participate in community activities. While home may initially feel distant, immersing yourself in the local culture can enrich your experience and help you feel more at home.
Relocating to a new country is undoubtedly a significant life change, but with thorough preparation and a positive mindset, it can also be an exciting opportunity for growth and exploration.
You may have seen in the news recently that “Former Manchester United star Gary Neville seeks buyers for branded property units in Manchester”. One by one, the world’s most lavish hoteliers have scoped out new plots, to find the perfect locations for their trademark five-star service. The 41-storey tower coming to Manchester will house the city’s first branded residences and a five-star hotel.
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What are branded residences?
In the most straightforward terms, branded residences involve a partnership between a property developer and a brand that is typically well-known and respected. This brand association adds value to the property and appeals to buyers seeking a certain lifestyle or level of prestige. The real appeal comes with the level of integrated service that these exclusive properties offer. Typically, they can come with a range of high-end amenities and services. This can include access to spas, fitness centres, concierge services, fine dining, and other exclusive offerings that enhance the residents’ quality of life.
What impact can branded residences have in the housing market, particularly in Manchester?
These types of developments often carry a sense of prestige and exclusivity. The association with well-known brands could enhance the overall appeal of the property market in Manchester, attracting high-net-worth individuals and investors seeking a luxurious and reputable living experience. The presence of branded residences would likely diversify the property market in Manchester. These developments cater to a niche market looking for unique and high-end living spaces, providing additional options beyond traditional real estate offerings.
A new landmark destination in Manchester
Prices range from £350,000 – £6,000,000.
Introducing the very first regional branded residences in Manchester. The development offers only 217 highly curated residences from the 17th to the 43rd floor, many of which benefit from private balconies and aspects of Manchester’s most famous landmarks.
How does the pricing of branded residential compare to non-branded stock?
Branded residences operate predominantly within the prime end of local residential markets. Associations of quality, luxury, and service which accompany brand affiliation can encourage premium pricing compared to other comparable non-branded stock in the market. However, in a market such as Manchester’s which is ever growing, the new development caters to a range of price brackets starting from £350,000 up to £6,000,000 catering to both first time buyers and luxury real estate investors.
Are branded residences a good investment?
Thinking of purchasing in Manchester's new branded residence?
Market Commentary | London Residential Sales & Lettings
The Bank of England held its Bank Rate at 5.25% on 2 November in a move that was widely expected by market experts. The Rate was also held in the previous announcement in September.
Having undergone 14 consecutive rises between December 2021 and August 2023, the Bank’s latest decision is a further signal that we may have reached the top of the rate-rise cycle. The next announcement falls on 14 December.
Market Commentary | Manchester Lettings
The Leasehold Reform Bill streamlines lease extensions and freehold purchases, while the Renters Reform Bill bolsters tenant rights and landlord assistance.
The Renters Reform Bill aims to support the 11m private tenants and 2.3m landlords in England. This includes a manifesto commitment to abolish no-fault evictions, ending blanket bans on pets and creating a new Private Rented Sector Ombudsman.
Our Featured Developments
Blomfield Court, Battersea, London
This exceptional 3-bedroom, 2-bathroom property, has been expertly renovated to offer a contemporary living experience like no other. Nestled in a peaceful neighbourhood, this charming residence boasts 863 square feet of thoughtfully designed living space, perfect for those seeking both comfort and style.
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A great opportunity to purchase a two bedroom, two bathroomed apartment in Castlefield, a sought after area of Manchester City Centre. Potato Wharf is a peaceful Canal side Development, just a few minutes walk away from the bustling Bars and Restaurants in Deansgate and Spinningfields. The apartment already has a tenant in situ, signed for 12 months.
Starting from £350,000 with a tenant in situ for 12 months.
Six ghoulish property tales in London & Manchester
If you’re looking for spooky stories in London and Manchester to tell your friends and family, here are six tales that will leave them with an eerie chill.
London
Hampton Court Palace: This historic palace, once owned by King Henry VIII, is known for its Tudor architecture and its ghostly inhabitants. The most famous ghost is that of Catherine Howard, Henry’s fifth wife, who was accused of adultery and executed. Visitors have reported encountering her ghost, as well as other spectral figures in the palace.
50 Berkeley Square: This townhouse in the Mayfair district is often referred to as one of the most haunted houses in London. The tale goes that it’s haunted by the spirit of a young woman who died under mysterious circumstances. The stories of ghostly encounters include sightings of her apparition and unexplained noises.
Sutton House: Located in Hackney, Sutton House is one of London’s oldest houses, dating back to the Tudor era. Visitors and staff have reported paranormal activity, including ghostly apparitions and mysterious sounds, which have led to its reputation as a haunted property.
Manchester
Chetham’s Library: This is one of the oldest libraries in the English-speaking world, located in Manchester. It’s rumored to be haunted by the ghost of a former librarian who is said to move books and create strange occurrences within the library.
Ordsall Hall: This Tudor manor in Salford, near Manchester, is believed to be haunted by various spirits, including the White Lady and the figure of a young girl. Ordsall Hall offers ghost tours for those interested in exploring its paranormal history.
The Odeon Cinema, Printworks: The Odeon Cinema in Manchester’s Printworks entertainment complex is said to be haunted by a ghostly figure dressed in 1930s attire. Employees and visitors have reported seeing this apparition, making it a unique and eerie property tale.
As we welcome the crisp autumn air, it’s time to gather around the digital hearth for our October newsletter. In this month’s installment, we’ve curated a wealth of insightful content to keep you informed, inspired, and engaged.
Market Commentary | London Residential Sales & Lettings
As we enter Q4, Prime central London is bucking the wider trend by recording annual growth of 2.3%, bouncing back from last month. Meanwhile, in the rental market there are no signs of growth slowing.
Market Commentary | Manchester Lettings
In early 2023 there was indication of a slow down in rental growth, however, we are finding that rents have picked up in the last few months, with 1 and 2 bed apartments seeing 6% growth over 3 months.
UK Mortgage Rates Update
UK mortgage rates have continued to decrease over the last couple of weeks. Mortgage prices have been dropping since mid-summer, the trend is sent to continue as competition begins to return the market. Several lenders including Halifax, Nationwide, Virgin Money, and Yorkshire Building Society introduced new five-year fixed rates below 5 percent.
We look forward to building upon these successes with you.
Off-Plan Property Investments: Your Path from London to Manchester, Birmingham and Edinburgh.
If you’re looking for off-plan property investments in some of the UK’s most vibrant cities, your search ends here! From the bustling streets of London to the thriving urban centres of Manchester, Birmingham, and the historic charm of Edinburgh, we have a wide range of off-plan properties tailored to your investment needs.
Aspen, offers exceptional studio, 1, 2 and 3 bedroom apartments, which are designed to the highest standard offset by rich and sophisticated colour palette.
Starting from £550,000 with just a 5% deposit. Completing Q1 2024.
Potato Wharf is a peaceful Canal side Development, just a few minutes walk away from the bustling Bars and Restaurants in Deansgate and Spinningfields.
Starting from £350,000 with a tenant in situ for 12 months.
