Archive for July, 2010

Latest Property Sales – July 2010

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Quinton Scott have recently been successful in selling the following properties in Wimbledon Village, SW19.

 

Selhurst Close, Wimbledon SW19 16selhurstclose.jpg

A stunning top floor one bedroom purpose built apartment in immaculate condition and located within a sought after residential development overlooking Wimbledon Common and within easy access of both Wimbledon and Putney.

 

Sold – £250,000 – July 2010

 

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Homefield Road, Wimbledon SW19

In the heart of Wimbledon Village, a well presented and modernised two bedroom conversion apartment benefitting from its own private garden and separate entrance.

 

Sold – £400,000 – July 2010

 

 

 

The Terraces, Lansdowne Road, SW19

An exceptional penthouse apartment located within a sought after modern residential development close to Wimbledon Village and within a short walk to Wimbledon Common.

Sold – £670,000 – July 2010

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For a free market appraisal of your property please contact our sales team on:

 

Wimbledon Village: 020 8971 6780       Wimbledon Town: 020 8971 3800

Landlord and Tenant

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Don’t Be Left Paying The Ex-Tenant’s Electricity Bill

 

The company had been renting out some of its commercial property, but the tenant ended the lease early and failed to pay its last electricity bill.  The supplier is now looking to you for payment …….. is there anything the Directors can do?

 

Even though the supplier has no direct contract with the company, it can argue that a “deemed” one exists.  But it can’t rely on this if the premises are “occupied”.  So if a tenant vacates part-way through a lease, always tell the supplier your agreed end date as this will prevent it from being able to chase your company.

 

For further help or information please contact us on 020 8971 4999

VAT

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How To Make a 12.5% Profit From the VAT Man

 

One of our clients was converting an old office building into flats and asked us whether there were any top tax tips we could give her.  She had done her research and was pretty clued up, but she nearly missed out on a big VAT saving.

 

Where you convert commercial property into a dwelling, or renovate a house etc, that’s been empty for at least two years, a 5% VAT rate applies, e.g, if you paid standard VAT (17.5%) of £7,000 on materials you can get back £5,000.  Do this by asking your builder to buy the materials and pass the VAT saving on to you.

 

Further further information or assistance please contact us on 020 8971 4999

24 High Street,
Wimbledon Village,
London SW19 5DX

Tel: +44 (0)20 8971 6780
Fax: +44 (0)20 8946 3683