What does guide price actually mean?

Our auctioneer, Simon Caplin, explains the correct meaning of the term. Having conducted a straw poll recently, it would appear that many people are unaware of the correct meaning of the term ‘Guide Price’. Some of the explanations I received from the poll ranged from “the final selling price” to “the amount the auctioneer expectsRead more

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Auctions in progress

Spectacular start to 2017 Auctions!

Parsons Son & Basley Auctions have started 2017 the same way they ended 2016, in spectacular fashion! From the 14 available properties, 11 sold providing for a success rate of almost 80% with the star of the show being lot number 18, a garage in Gloucester Place, Brighton which from a guide of £80,000 toRead more

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New business rates could damage pub industry

The Chancellor is being urged to consider reforming the way that rateable values for pubs are calculated. Research has found that nearly half of all pubs will see a significant rate liability rise when the new 2017 List is due to take effect in April. Unlike most other businesses, pubs are valued on fair maintainableRead more

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Houses in Multiple Occupation and Mixed Residential & Commercial Freeholds, the Flavour of the Month

  Houses in multiple occupation and mixed residential & commercial freeholds are two of the most sought after investments at the moment and have been for a while now. Our intrepid auctioneer decided to find out exactly why this is. “It’s all about spreading the risk” explains Simon. One of the concerns buyers have aboutRead more

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2016, Major Changes and Success in the Property Market

2016, Major Changes and Success in the Property Market A wise owl watches for opportunities in the darkness of night, a little like our property teams who keep a sharp eye for opportunities for our clients. We all know what an eventful twelve months it has been with Brexit and the higher rate Stamp DutyRead more

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Secrets of an auction sale revealed

The speed, transparency and efficiency of the auction sale, the secret unravelled! Senior Auctioneer Simon Caplin writes, rocket science it is not, however plain and extremely simple it indeed is! When a property is offered for sale by auction, the first thing we do as auctioneers is to write to our clients solicitor requesting aRead more

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Did You Know That During 2016……..

Parsons Son & Basley’s Auction Department Have enjoyed a record breaking 2016 and by the end of it Will have sold almost £23 million worth of properties From 5 auctions held of those two were completely sold out and the success selling rate was 92.6% of all properties. Without having suffered a single abortive sale (yesRead more

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Auction Success in 2016 as Records Tumble!

In front of a packed auction house with standing room only, Parsons Son & Basleys November auction raised close to £3 million pounds worth of property sales from the 15 lots that were available providing a success rate of 100%. Auctioneer Simon Caplin, said he was absolutely delighted the success of the latest auction whereRead more

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Does Your Insurance Policy Include Flooding?

Do you feel secure with the current flood risk? Torrential rain has caused chaos time and again in the South East as the drainage system struggles to cope, leading to widespread flash flooding. With many Brighton & Coastal properties being low lying or with basements, Insurers are increasingly restricting flood cover or applying punitive terms.Read more

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Rating Conference News Highlights

Small business, occupying one property, with a new Rateable Value from 1st April 2017 of less than £12000 will be exempt from paying rates and there will be taper relief for Rateable Values between £12000 and £15000 This is about the only good news  in the draft rating regulations as the Check Challenge Appeal proposalsRead more

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Happy Clients, Fast Sale

Simon Caplin, Senior Auctioneer with Parsons Son & Basley says, ‘What I really do love about my job is the fact that last Friday morning I was scratching my head wondering why a particular property in our next auction was creating such little interest, its chances of selling were reducing by the day when myRead more

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Goldilocks, Finding the Perfect Fit and Property Insurance

If we asked Goldilocks, ‘What are you looking for?’ We might hear some interesting answers, Goldilocks might say ‘I am looking for the perfect fit.’ Remember this is a girl who tasted three bowls of porridge to find which was the best, she tried three chairs to find the perfect fit and then she triedRead more

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You’ve got to kiss a lot of frogs

‘You’ve got to kiss a lot of frogs’ is the hilarious view of recruitment described by Tom Morrissey, Personnel Manager at Parsons Son & Basley. The company has a culture of investing in the next generation of talent in the property sector and over the last four years has employed 15 apprentices, six of theseRead more

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Sell you property quickly

The phrase “we can sell your property for you quickly” has two meanings. When an estate agents advises a client that they have a buyer for their property they undoubtedly do have one however upon an offer being forthcoming, the property is far from “sold” but instead merely “under offer” with all of the stresses,Read more

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Energy Performance Certificates

Parsons Son & Basley is one of the premier dedicated residential letting agents in Bognor Regis and manager Karen Baker is always keen to keep Landlords as up to date as possible with regard to changes in legislation to ensure that they have plenty of time to consider any changes and take action if necessary. Read more

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Need for more homes to rent

We are in interesting times in the property business, at Parsons Son & Basley we have been buying and selling property since 1825 and over the years we have learnt to note the trends. 2016 has brought some specific challenges as the stamp duty surcharge was introduced on April 1st and over 80% of landlordsRead more Read

Sellout Auction Success, More Properties Required For Nov 17th Auction

  Our September property auction was a sell out success this month, and it’s been the same positive result for the last two auctions as the gloomy predictions of economic difficulty haven’t been fulfilled in the auction room, in fact the auction market is buoyant and we are looking for more properties to sell. InRead more

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Another Value Added Service For Our Sellers

Parsons Son and Basley have conducted many Open House Viewings/Events on both new and resale properties. Parsons Son and Basley were keen to explain why sellers should consider this type of marketing for their properties. “We make it a priority to know a property inside out. This is really important when conducting Open House ViewingsRead more

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Beach Huts – Brighton and Hove

The joy of owning a beach hut near the sea is that on the days throughout the summer when Brighton and Hove is sunny and warm with a cool breeze coming in from the Channel you’ll be able to pop down to the beach and have the luxury of somewhere to sit and shelter inRead more Read

Ready, Steady, Go….. Rates Revaluation 2017

Are you Ready for the revaluation of your business rates? At Parsons Son & Basley, Partner Keith Brinsmead says ‘ We have been preparing for the business rates revaluation that comes into effect on 1st April 2017, and although its April fools day, it’s a day not to be caught out like a fool asRead more Read

SnowPuppy

Snow Dogs, watch the film of Basley our SnowPuppy being decorated by students from Chailey Heritage Read

Staff charity fundraising tops £2500

Staff and families of all Parsons' offices have been busy throughout 2015 fundraising for our chosen charity St Wilfreds Hospice, Chichester. Julie Padley, Clients Accounts Supervisor (Bognor Regis office) has headed up organising various events and fundraisers during the year and the final tally rasied is an incredible £2599.73. This was raised from an EasterRead more Read

Permanent permitted development rights for offices

On 13th October the Housing and Planning Minister Brandon Lewis announced new measures that to make permanent the previous temporary permitted development rights for converting offices to residential.  In a government drive to increase housing stock, this will make it easier to turn underused office buildings into new homes.  The move will provide thousands ofRead more Read

New Auction Manager appointed

We are pleased to announce the appointment of Simon Caplin as our new Auctioneer. Simon will be based in our Brighton and Chichester offices and will continue to deliver regular auctions throughout the year for all types of property across the whole of Sussex. Simon says, “I have been involved in property within Brighton &Read more Read

Moonwalk charity fundraiser for St Wilfreds Hospice

We are delighted to announce that ‘Team Parsons’ did us proud on Saturday Night (9th May 2015), taking part in the ‘Moonlight Walk’ for St Wilfrids Hospice, Chichester. A strong team of 15 including colleagues family and friends took part and a great night was had by all. Our target was £750 and we areRead more Read