Island Life Magazine Ltd December 2006/January 2007 | Page 21

PROPERTY

Amanda Bolwell , Company Director
of Island Property Management

the process, in order to get an accurate picture of
how income and outgoings are likely to stack up
for taxation purposes.

to do so,” says Mr Millen. “We work on a very
personal basis to ensure that each client’s
particular aspirations are met”.

The financial advisor

The architect

The aim of Ken Millen, MD of Worthing-based
financial advisors Millen Griffiths is to “help
people expand their wealth outside of their
normal work or business activities”.
And, in many cases, that means guiding them
through the maze of alternative money-making
areas, including buy-to-let property.
Because no two clients are ever the same in
terms of their needs and aspirations, Millen
Griffiths starts by reviewing each client’s
individual situation, producing a comprehensive
report and then offering tailor-made advice.
When holiday property letting is seen as the
way forward, the company can advise on and
arrange mortgage lending, and in some cases
even suggest ways to raise the deposit so that a
project becomes essentially self-financing.
Then, once a source of wealth has been created
for the client, the company will look at protecting
it through wills and tax planning.
“A lot of our clients are very busy and whilst
they have the desire to increase their wealth they
don’t necessarily have the time or the mechanics

Clients tend to come to Andrew Court (www.
andrewcourt.com) at the stage where they are
buying or looking to buy a property, and want to
know how they can improve or extend it.
Independent architect Andrew, who lives in
Freshwater, says he often deals with properties
that are Listed or have planning constraints, and
loves the challenge of helping to “make the best
of what a building can offer”.
He has also worked on a number of barn
conversions – many of which may fail to win
planning permission for permanent residential
use, but can succeed as a holiday letting
proposition. “I particularly enjoy working on
these,” he says.
Again, Andrew’s strong local contact network
means he knows specialists such as traditional
stone or lead workers.
He works to a vast range of budgets, from
around £20,000 for a conservatory that will open
out and change the whole atmosphere of a dark
little cottage right up to the “old wreck” that
someone buys for £1 million and wants to spend

Island Life - www.isleofwight.net

another million doing up.
“The market does seem to be getting more
buoyant on the Island for conversions that will
be used for holiday lets” he says.
So if you are looking for or would like to learn
more about searching for a holiday home on
the Island, help is at hand. The Holidays2
Remember team can help you achieve your short
and long term objectives with the minimum of
hassle by helping you choose the right property
in the right location ,and by providing advice
with regards to finance, improvements and
conversions, pricing, maintenance and letting.

The Team

Holidays2Remember
Island Property Management
www.holidays2remember.co.uk

Michael Finn & Co.
www.michaelfinn.co.uk

Christopher Scott
www.christopherscott.co.uk

Millen Griffiths Ltd.
www.millengriffiths.com

Andrew Court
www.andrewcourt.com

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