John Lennon’s luxury Surrey mansion, where he wrote songs for the Beatles’ legendary Sgt Pepper’s album, is for sale for £14m.
Lennon bought the six bedroom home in Surrey’s Weybridge for £20,000 on July 15 in 1964.
He lived there for four years with his first wife Cynthia and is believed to have written several songs for the Sgt Pepper’s Lonely Hearts Club Band at the property.
The Beatles sold 70 million copies of the album, which featured hits With A Little Help From My Friends, Lucy In The Sky With Diamonds, and A Day In The Life.
The refurbished property is on the exclusive St George’s Hill Estate in Weybridge and is on the market for £13,750,000. The estate is widely acknowledged as one of Britain’s ‘premier residential addresses’.
It was originally called Brown House, but was renamed Kenwood by manufacturer Ken Wood, when he owned the property.
Knight Frank‘s Country Department, which is handling the sale, said: “Kenwood is a wonderful character property yet redone in quite a contemporary style, giving it the perfect blend between the old and new. Situated in the exclusive St George’s Hill Estate, the property enjoys tranquillity and privacy while only being 17 miles from central London.”
The 1,110 square metre home contains six bedrooms, six bathrooms and is set in 1.5 acres.
There is an indoor swimming pool, a sauna and uninterrupted views of the Surrey Hills.
Our pick of top 10 Thatched Cottages for sale in England. Listed in no particular order as we’d like to hear what your no.1 is, so please vote in the poll below for your favourite.
1. A little piece of thatched heaven.
5 bed in Gloucestershire, £1M – Andrew Greenwood
2. We fell in love with this when we saw the purple Aga in the kitchen!
5 bed in Wantage, £750,000 – Savills
3. Oozing charm with the lake and the surrounding land.
5 bed in Frodsham, £975,000 – Strutt & Parker
4. So picturesque.
3 bed in Newport, £358,000 – Spence Willard
5. Just wow…and check out the pond too.
3 bed in Buckinghamshire, £4M – Savills
6. A real classic dating from the 15th century.
4 bed in Crawley, £575,000 – Michael Graham
7. Originally 3 separate cottages now transformed into one impressive cottage! Also we couldn’t resist the chickens in the garden!
6 bed in Hertfordshire, £850,000 – Savills
8. Take a look at the interior – so cosy.
3 bed in Ipswich, £280,000 – Morton Smith & Girling Limited
9. A bit different and all the more special for it.
2 bed in Suffolk, £220,000 – House Network
10. Lavender Cottage – perfectly pretty.
3 bed in Thwaite, £395,000 – Fine & Country
Almost 750 borrowers have bought a new home using the Help to Buy mortgage guarantee scheme, according to new figures.
The data was announced by Downing Street today and is based on completed mortgage applications with Lloyds Banking Group and RBS.
The Help to Buy mortgage scheme was introduced three months earlier than anticipated in October and aims to help people buy homes with a deposit of as little as 5 per cent.
A further 6,000 people have made offers on properties, it suggested.
It comes after the business secretary Vince Cable called for the scheme to be re-examined, saying: “There is a raging housing boom in London and the South East – not in other parts of the country.”
He said the boom could get “out of control” unless interest rates were raised – but doing this would “hit those parts of the country which are not yet fully recovered”.
The Government’s mortgage guarantees officially start today. However, banks were able to start offering the loans from the beginning of October last year as it would have been technically impossible to default on the home loan during these last three months.
The mortgage guarantees are the second phase of the Government’s Help to Buy scheme. The first phase was introduced last April and provides a Government loan of up to 20 per cent of the value of a new build home, interest free for the first five years.
In November, the Government said the Help to Buy equity loan scheme helped 5,375 buyers during its first six months.
Participants bought properties with an average value of £194,164, with the average equity loan being £38,703, according to the official figures issued by Communities and Local Government.
The majority of homes bought as part of the equity loan scheme were made by first-time buyers, totalling 92 per cent. It means the Government issued £208m in equity loans.
The Help to Buy equity loan scheme had only been available in England and Scotland, but the Help to Buy equity loan launches in Wales today.
The Welsh property market is expected to receive a boost following the launch of the Help to Buy equity loan scheme on January 2, 2014.
The Help to Buy equity loan scheme aims to help first time buyers and existing homeowners with a deposit of as little as 5 per cent to buy a new build property. It is available on homes in Wales up to the value of £300,000.
Help to Buy was announced by the Chancellor George Osborne last year, but the equity loan scheme had only been available in England and Scotland.
Help to Buy is divided into two parts – equity loan and mortgage guarantee. Under the equity loan scheme, the Government provides a loan of up to 20 per cent of the value of a new build home, interest free for the first five years.
The mortgage guarantee scheme is already available to buyers in Wales, England and Scotland. It offers lenders the option to purchase a Government guarantee on mortgages on both new build and existing homes, where a borrower has a deposit of between 5 per cent and 20 per cent.
Last November,the Government announced the first set of housing figures for the Help to Buy equity loan scheme in England.
The scheme helped 5,375 buyers during the first six months since launch in April 2013, Communities and Local Government said.
Participants bought properties with an average value of £194,164, more than £20,000 higher than the average price of a home. The average equity loan was £38,703.
From everyone at Zoopla, we’d like to wish you a very Happy New Year!
And we look forward to providing more entertaining stories in 2014.
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