Kirkdale Rd, Leytonstone, London E11 1HP, UK [email protected] https://www.thelandsite.co.uk/files/members/509967825bb011e98dac024b03131eda/58-5cb47e22ca5a9377627244.png
Strettons

Strettons

We are a leading, independent firm of property advisors with expertise across a wide range of commercial and residential property. Our in-house services include agency, auctions, management and valuations to provide comprehensive advice.
Commercial Property
Residential Property
Valuation & Advisory
News & Posts
Receivership and Recovery Tip: To Lend or Knot?
Although Japanese Knotweed, or to give its scientific name, Fallopia Japonica, was introduced into the UK in the mid-1800s as an ornamental plant
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Leasehold Reform Update: The Latest News on the UK Government Consultation
A year ago, the Government announced plans to shake up the Leasehold landscape, making it easier and cheaper to extend your lease or buy your freehold
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Residential Update: Changes to Satisfactory Energy Performance Certificates
The UK Government opened a consultation on 30th September 2020 proposing to increase the rating required for a satisfactory Energy Performance Certificate 
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Avoid Unjustified Claims From Borrowers
The latest tip from our Receivership team.
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Strettons Sees Artisan Sector Feature Strongly in Industrial & Logistics Agency Trends
The Covid-19 pandemic has resulted in huge changes to our lifestyles, habits, how we shop and what we buy.
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Rental Mediation Service and Right to Rent Checks
You may remember that a new mediation pilot was introduced earlier this year to help resolve landlord and tenant possession court cases without the need for face-to-face court hearings.
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The Road to Debt Recovery for Lenders and Borrowers
During these difficult times, lenders, or anyone that may have lent or invested money and taken a charge over a property, may be faced with the difficult issue of what steps they can take to recover a loan that is in default or over term. 
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Strettons works with Creative Land Trust on its first studio acquisition
Working with Strettons, Creative Land Trust recently exchanged contracts for the acquisition of Stone Studios in the heart of Hackney Wick from developer Telford Homes. 
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Residential Eviction Restrictions Extended Until 31st May
As you will recall, the eviction ban was extended until 31st March. However, as this date is fast approaching, the Government have decided to extend this further until 31st May and then it will gradually fade back to normality.   
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Residential Eviction Update for Landlords - January 2021
With a new lockdown comes new regulations, so we wanted to keep you updated
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Twin-Track Commercial Property Sales
Combining the expertise of our auction and agency departments to offer a new commercial property sales option
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Commercial Agency Transactions & Trends
Since the onset of Covid restrictions in the UK, our office, industrial and retail agency teams have continued working hard for our clients and adapting how we are bringing their properties to market.
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Updated Guidance - Right to Rent Checks
We have been advised of new guidance being implemented on 25th November 2020 regarding Right to Rent regulations for applicants wanting to rent residential premises in England.
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National Property Auction - Wednesday 16th September
We are looking forward to our September auction today Wednesday 16th September 
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Extension of Stay to Existing and New Possession
On Friday 21 August, it was announced that the ban on possession proceedings has been extended to 20 September 2020.
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Strettons Raises £11.3 Million at July Property Auction
Strettons has continued its strong auction performance during lockdown at its July sale.
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Summer Economic Update - Stamp Duty Holiday
As was widely expected, Chancellor Rishi Sunak announced changes to stamp duty in Wednesday’s summer economic update, to help cut the costs of anyone buying a home in addition to a range of measures designed to boost the UK economy following the Coronavirus/Covid-19 crisis.
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New Code of Practice for Commercial Property Relationships During COVID-19 Pandemic
On 19th June 2020, the government introduced a new code of practice designed to provide clarity and reassurance to help support landlords and tenants affected by the crisis with the tools to come to a mutually beneficial agreement.
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Development Consultancy & Affordable Housing Inspection Protocols
A key part of any property valuation is the inspection of an existing property, a site to be developed or a scheme under construction. For the last two months, physical inspections have been on hold while we all adhere to government guidance.
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Valuation Services & Planning for Next Steps
In uncertain times, property owners need professional advice more than ever to ensure the value of their investment is maintained, and where possible, enhanced. 
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London Office Agency Lockdown Trends
A few trends have emerged over the last seven weeks, and our office agency team summarise below some of the key trends from the enquiries and feedback we have received since the UK has entered lockdown.
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April 7 Property auction results
Strettons raised £5.7 million at its April 7 national property auction, with an 84% success rate.
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Property receivership - The steps lenders can take during COVID-19
The COVID-19 pandemic has led to a testing time for the property and lending industry and one of Strettons Registered Property Receivers, Paul Joseph has set out a few thoughts.
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Commercial to residential: VAT explained
Acquiring commercial sites to convert to residential use is proving an increasingly popular strategy among property developers. Here Strettons look at how to avoid the common pitfalls.  
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East London Insights Q4 2019 - Planning & Development News
Quarterly planning and development news from Waltham Forest, Redbridge, Newham, Tower Hamlets, Barking & Dagenham and Hackney.
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Injunction against Receivers
We recently had an instance over the sale of a Grade I Listed fire damaged mansion in Cheshire where the borrower sought to obtain an injunction restraining us from selling. Agreements were reached to delay a sale but we are reminded of a similar attempted injunction against us in 2017 where a London judge said to the borrower:
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October Property Auction Results
A recent clock change to GMT seemed to bring in an early crowd to the start of the October sale with a busy room, although still some mixed bidding.
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Owners of unoccupied properties need to be aware
There has been continuous media coverage surrounding the lack of available housing and the need to build more houses, which has significantly increased pressure on local councils to find new homes. They are increasingly needing to be more creative in accommodating residents at affordable levels.
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Post Summer Property Auction Results
Our first sale after the summer break was a welcome return to the market with a 70% success and several post-sales in hand.
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How charities can get the best deal
Over the past 30 years, Strettons have advised numerous charities how best to dispose of a variety of properties including schools, churches, synagogues, halls, houses, and land and whether it would be best for them to sell by private treaty or auction.With the improved market, often with several parties chasing a property, it might seem logical for auction to be the best method of disposal. However, a charity and its trustees, who have a legal responsibility, need to be satisfied that they are making the right decision.
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Can you bear to repair?
So, you own a great commercial investment, let on full repairing terms to a blue-chip covenant. Great. Sit back, collect the rent, relax as there's nothing to do? Well sometimes it works like that, but more often than not blue-chip companies fail to adhere to their repairing covenants.
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July sale raises over £8m
There was strong demand for well-priced vacant residential lots with the first lot of the day, a house in Edmonton N9 guided at £250,000+, selling for £323,000 shortly followed by a pair of houses in Bromley, one let, one vacant, guided at £460,000+, selling for £572,000. Adding to this, a house and bungalow in Barnet sold for £690,000 and £461,000, respectively and a house in NW9 for £660,000 off a £500,000+ guide.
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The pitfalls of varying a lease
It is common for parties to vary the terms of an existing lease, particularly in times of economic uncertainty. This can include varying the extent of the demise or varying the rent. It can often allow either party to have greater flexibility but it is a process, not without its pitfalls.
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Strettons' staff join Team Mencap for Charity Run
The trainers have been dusted off as the Strettons' runners get in shape to participate in the Mencap Run Hyde Park on 15 June 2019.
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£10m raised at May Auction
Our sale on 21st May raised over £10m from a room where there was mixed bidding with strong demand for some lots and others just not quite reaching their reserve price.
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