New business rates could damage pub industry

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, 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

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

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……..

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!

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?

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

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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Goldilocks, Finding the Perfect Fit and Property Insurance

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

‘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

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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Ready, Steady, Go….. Rates Revaluation 2017

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