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Jim Schad (Jim_schad)
Intermediate Member
Username: Jim_schad

Post Number: 1110
Registered: 7-2002
Posted on Friday, April 25, 2003 - 11:09 pm:   

friend worked for worldcom and lived in chelsea in '98. His rent was about $3500 US a month. 1.5 br, 1 bath, very small kitchen and tiny living room. Nice place, but small.
Malcolm Barksdale (Malcolmb)
New member
Username: Malcolmb

Post Number: 28
Registered: 4-2002
Posted on Friday, April 25, 2003 - 4:56 pm:   

Ricky: I maintain a serviced flat on Cramer street in the W1M postal zone. It is about 2400 GBP per month. Go online and look for serviced flats. In London the Land is mostly owned in big blocks managed by leasing agents. In other words companies own big apartment blocks. It is easy to arrange and tough to afford. You will not be impressed by what you get, but London is fantastic and you will love the experience.
ross koller (Ross)
Intermediate Member
Username: Ross

Post Number: 1110
Registered: 3-2002
Posted on Friday, April 25, 2003 - 4:46 am:   

give me a ring if you want and we can meet for a drink and some pointers.
Ricky Nardis (Rickyn_f355)
Member
Username: Rickyn_f355

Post Number: 314
Registered: 8-2002
Posted on Thursday, April 24, 2003 - 7:39 am:   

ross, some good points...
i will be spending a week there in may so hopefully i'll be able to find something...
TomD (Tifosi)
Advanced Member
Username: Tifosi

Post Number: 3385
Registered: 9-2001
Posted on Thursday, April 24, 2003 - 7:03 am:   

Ross highlights some important issues. I know from experience
ross koller (Ross)
Intermediate Member
Username: Ross

Post Number: 1100
Registered: 3-2002
Posted on Thursday, April 24, 2003 - 5:07 am:   

ricky, i sincerely hope you find something decent. however, i would strongly advise you not to get your hopes up from looking at descriptions and little pictures on the foxtons website. nothing is what it seems when it comes to those little gems. you would be amazed at what they get away with calling a 'bedroom' (there is a room in my house that i put the nanny into that is literally 6ftx9ft, but since it has a door and a window they call it a bedroom). i think you need to come over and stay in some kind of company flat for about a month to figure things out, ie what part of nh do you want to be in, what is the real commuting issue (because much of the system doesn't work), where are the closest shops etc etc. you won't know this just coming on a weekend, but when you book the flat you will be stuck for the duration.
Ricky Nardis (Rickyn_f355)
Member
Username: Rickyn_f355

Post Number: 313
Registered: 8-2002
Posted on Wednesday, April 23, 2003 - 7:40 pm:   

thnx manu,
given the fact that my fiance will not be working i think i'm going to stick to the heaviliy populated expat areas like nh and south ken...

that being i said i just did a search in the two areas at http://www.foxtons.co.uk/search and there actually seems to be some quality supply of 2 bedrooms around the 650/wk range which doesnt seem too bad at all...looks like 750+ gets a 3 bedroom in NH and South Ken these days....maybe the market is softening a bit
Manu (Manu)
Member
Username: Manu

Post Number: 706
Registered: 2-2002
Posted on Wednesday, April 23, 2003 - 4:50 pm:   

Ricky, you mentioned two of the most 'trendy' parts of London - although no part of London is cheap, Notting Hill is particularly fashionable and expensive and 500 per week is towards the bargain end.....It appears the entire borough of Chelsea & Kensington is inhabited by people working in the city (the numbers of which have fallen dramatically in the last few years) which means when times have been good, rent/property prices have gone up dramatically (appear to be sticky downwards though....)
If you're working in Canary Wharf, then I suppose to minimise the commute then Wapping/Docklands etc are a good idea....

If distance isn't a big issue then I think accomodation in Hampstead is a good deal. (would be inclined to say, undervalued). St Johns Wood is lovely (LOADS OF US ex-pats there by the way :-) ) but can be pricey - a friend of mine is renting a house there to a Texan oil family for 5000 pounds per week (no that is not a misprint) - I've seen rents in Mayfair of 15,000 a week... wooohooo!
Ricky Nardis (Rickyn_f355)
Member
Username: Rickyn_f355

Post Number: 311
Registered: 8-2002
Posted on Wednesday, April 23, 2003 - 1:42 pm:   

tax equalization is already take care of...thnx guys
TomD (Tifosi)
Advanced Member
Username: Tifosi

Post Number: 3379
Registered: 9-2001
Posted on Wednesday, April 23, 2003 - 11:15 am:   

yeah tax equalization is a big issue - make sure you keep a place in the US otherwise all that rent they pay on your behalf will be included in your income
ross koller (Ross)
Intermediate Member
Username: Ross

Post Number: 1094
Registered: 3-2002
Posted on Wednesday, April 23, 2003 - 11:06 am:   

ricky, i love to hear you say that ! (and so do all the other landlords here in london). the expats paying up is one of the driving forces on real estate prices here, so long may it continue.

btw, given that statement, and the one about your wife wanting to live in a decent apt in a decent neighborhood, means you are headed for �1000/wk. make sure you keep that in mind when negotiating your package. another point, but probably already covered in your contract, is tax equalization. it didn't used to matter that much since both sides were around 40%, but uk hidden taxes like national insurance etc, are set to rise substantially over the next few years, so make sure that is taken into acct.
Ricky Nardis (Rickyn_f355)
Member
Username: Rickyn_f355

Post Number: 310
Registered: 8-2002
Posted on Wednesday, April 23, 2003 - 10:28 am:   

ross, i have no problem going on the higher end..., i'm not paying for it so what do i care...might as well live it up.

thnx again!
ross koller (Ross)
Intermediate Member
Username: Ross

Post Number: 1092
Registered: 3-2002
Posted on Wednesday, April 23, 2003 - 9:45 am:   

a friend of mine has a 2 bedroom palce with parking over in the earl's court/chelsea area for about 500/wk, furnished. not as chic as notting hill, but suits your budget a bit better. you don't get a lot for your money here.
Ricky Nardis (Rickyn_f355)
Member
Username: Rickyn_f355

Post Number: 309
Registered: 8-2002
Posted on Wednesday, April 23, 2003 - 8:51 am:   

yeah, i'm going to have to keep the future wife happy...she wont be working so i'd like to be somewhere that has alot going on locally....
TomD (Tifosi)
Advanced Member
Username: Tifosi

Post Number: 3376
Registered: 9-2001
Posted on Wednesday, April 23, 2003 - 8:31 am:   

I am thinkin he is more apt to go for the "more likely scenario" - 1000 per week. When I did it I started at the low end of a range and as we looked my wife kept shaking her head until we were at the high end :-)
ross koller (Ross)
Intermediate Member
Username: Ross

Post Number: 1089
Registered: 3-2002
Posted on Wednesday, April 23, 2003 - 8:22 am:   

the parts hugging kensington and the sliver of westminster (before it gets nasty towards edgeware road). the wannabe parts of notting hill tend to be further toward harrow road and the tube station which are iffy at best.

fyi �500/wk equates to roughly �2150/mth (4.3 wks per mth), the devil is in the details.....
Ricky Nardis (Rickyn_f355)
Member
Username: Rickyn_f355

Post Number: 308
Registered: 8-2002
Posted on Wednesday, April 23, 2003 - 7:36 am:   

hey ross, so which are the nice parts of Notting Hill?
TomD (Tifosi)
Advanced Member
Username: Tifosi

Post Number: 3367
Registered: 9-2001
Posted on Wednesday, April 23, 2003 - 7:33 am:   

Ricky

At the time it was 1100 per month. As I said this was over 7 years ago and I was in a nice area ( right near Mick Jagger's place) but on the outskirts of London (I was working outside the city). That did not include council tax or utilities as Ross mentioned. Looks like my guess for the areas you are looking at were pretty good based on what Ross has said. If you get closer to doing this let me know I can give you a hit list of items to be aware of, as I am sure Ross can too.
Ricky Nardis (Rickyn_f355)
Member
Username: Rickyn_f355

Post Number: 307
Registered: 8-2002
Posted on Wednesday, April 23, 2003 - 7:12 am:   

thnx ross but i'm going to need a 2 bedroom...
ross koller (Ross)
Intermediate Member
Username: Ross

Post Number: 1088
Registered: 3-2002
Posted on Wednesday, April 23, 2003 - 6:37 am:   

depends on what part of notting hill. there is a good part, that charges like kensington, and there is a much less good part that still likes to charge high but not as high.
a 2 br place thats any good at all, will run you at least �500/week, but more likely somewhere between �500 and �1000/week( it can go a lot higher if you want a more luxurious bldg, parking etc). this includes virtually nothing; you pay phone, electricity, gas, council tax, and anything else that comes up.

if you can live with a big one bedroom in one of the best locations in town (hi luxury bldg, great location etc), i will most likely have one ready in the next 6 mths for the lowlow price of about �800/wk......
Ricky Nardis (Rickyn_f355)
Member
Username: Rickyn_f355

Post Number: 305
Registered: 8-2002
Posted on Tuesday, April 22, 2003 - 8:59 pm:   

hey tom,
1100 pounds a month or a week?
TomD (Tifosi)
Advanced Member
Username: Tifosi

Post Number: 3365
Registered: 9-2001
Posted on Tuesday, April 22, 2003 - 8:44 pm:   

if you thought Ny was bad- wait till you find out about london. The london guys can fill you in on the recent specifics. I did the same thing in 96 - a basic two bedroom apartment in Richmond (slightly outside london (like hoboken) ran approx 1100 pounds. It was furnished as most flats are rented funished over there, completely opposite of the way it works here. Anyway in the notting hill section for a nice two bedroom I would guess you are in the 3-4k range - but that is just a guess. BTW I loved living there
Ricky Nardis (Rickyn_f355)
Member
Username: Rickyn_f355

Post Number: 303
Registered: 8-2002
Posted on Tuesday, April 22, 2003 - 8:24 pm:   

might be coming over on an assignment for 2 years and would like a 2 bedroom close to the tube...just trying to figure out where the market is before i head over to look around.

Thnx

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