News

Keep up to date with what’s going on at Pearsons and in our surrounding communities across Hampshire.

Pearsons Winchester are holding a charity coffee morning to raise funds for Winchester City Mill

  • 10 March, 2017

Pearsons are pleased to be supporting Winchester City Mill in their efforts to raise essential funds needed for urgent repairs following damage sustained during flooding in 2014.

The Mill, owned and maintained by the National Trust dates back over a thousand years and is the oldest working watermill in Britain. The damage done by the flooding means that £150,000 needs to be raised by June in order to prevent this much loved  building from being closed.

The Mill will be holding lots of events over the coming months, details of which can be found here  Pearsons will be making a donation to this wonderful cause and we are also holding a coffee and cake morning to raise additional funds.

Please join us at our newly refurbished office on Thursday 23 March between 11am and 2pm for coffee and cake and if you can, make a donation to this good cause.

A comprehensive New Homes service for developers

  • 5 January, 2017

The Pearsons New Homes Team offers a complete service to developers that covers every aspect of the process, from site acquisition and strategy to marketing and sale of the finished development.

Led by Steve Maull and supported by a network of 14 Pearsons offices across Hampshire, this team of independent property professionals offers support on schemes ranging from single to multi-site investments and regardless of size or density. 

We work closely with developers to secure land with development potential that may require planning consent and those that have already secured full or outline permissions and we’re proactive in driving the acquisition process forward with:

A tailored New Homes service, regardless of size or scope of scheme

Market research, competitor analysis, price studies and comparables

Bespoke sales programme and marketing strategy, including premium-grade brochures, floor plans, open days, on site sales offices, show home support, and comprehensive launch events

Off-plan and plot sales 

Local support from New Homes experts is critical to developers who want to enhance their new build stock, add value to their business and move fast when a prospective site is released.

Contact Pearsons New Homes for a free valuation, advice and information on 023 8022 4436 or email newhomes@pearsons.com

The Pearsons network of offices works in partnership with developers to secure the best return from every development scheme.


As mortgage rates hit a new low, mortgage lending hits a new high

  • 14 December, 2016

In response to the economic uncertainty following Brexit in June, the governor of the Bank of England reduced the base rate to a record low of 0.25% in August. 

Subsequently figures showed gross mortgage lending hit its highest August level since before the financial crash, as the housing market appeared to defy fears of a downturn after the referendum.

Indeed, the Council of Mortgage Lenders (CML) said its members had advanced a total of £22.5bn during the month, which was 7% higher than July’s figure and up 15% on the same time last year.

However, as the mortgage market remains complex and becomes ever more confusing to navigate - with more lenders and products available than ever before - another industry figure continues to climb. That's the fact that today around 70% of borrowers now turn to brokers for specialist advice and guidance toward the best and most appropriate deal for them.

Chris Croake, Director of Pearsons mortgage partner, Choice Financial Solutions, comments, 'The mortgage market is healthy for borrowers, whether they're purchasing or re-mortgaging. The competition has meant plenty of options available for first time buyers, the self-employed and even those with less than perfect credit histories.'

However, Chris cautions borrowers to select their broker carefully to ensure they benefit from the best mortgage deal, 'As mentioned in the last edition of Dwell, the recently EU-imposed Mortgage Credit Directive (MCD) has meant that the rules under which brokers can refer to themselves as independent has changed. Essentially, advisers may only refer to themselves as independent if they advise on every area of the market in which they operate. Here at Choice we are whole of market mortgage brokers, not tied to any particular lender, and are fully independent.’

Chris and his team are confident that they can help to find the best, most appropriate mortgage to suit the needs of borrowers - whether they are seeking the minimum monthly repayments or the maximum loan to secure their dream home.

If you'd like independent mortgage advice please contact your local Pearsons branch 

Choice Financial Solutions is a trading name of The Choice IFA Network Limited which is authorised and regulated by the Financial Conduct Authority.

Home to the Saints is also home to our most successful lettings team

  • 9 December, 2016

The residential lettings department in our flagship Southampton office enjoyed its most successful year ever in 2015. Well, in 2016 they look set to surpass that success - with September being a record breaking month in terms of fee income.

There's no doubt that the fantastic results achieved by our Lettings Manager, Marsh Stone, and his team in Southampton clearly demonstrate two things. The first is that Southampton is one of the South Coast's leading cities, a place that has it all - from high employment levels, two leading universities, a Premier League football team and first class transport connections to unrivalled shopping, leisure, entertainment and sports facilities. On top of which the city boasts its own unique maritime history and culture. 

In addition, plans have also been submitted to develop both the waterfront, and the Bargate quarter - a further investment of almost £100 million to breathe new life into the high street. 

No wonder Southampton is reckoned to benefit from some of the best rental yields outside of London.

The second factor driving the success of Marsh and his colleagues is, of course, their independence and emphasis on providing a flexible, high quality and personal service tailored to individual requirements. These all pay dividends to our landlords, tenants and business.

What's also crucial is transparency. There are no hidden costs or mark-ups. Our fees are competitive with nothing to pay 'up-front.' Our valuations are realistic and calculated to achieve results. And we understand the importance of helping our clients manage their cashflow, so the payment of rental income is always prompt.

Letting Manager Marsh Stone commented, 'In the last few years we've increased the number of rental properties on our books by some 30%, and that figure continues to rise. I believe that's due to our in-depth knowledge of local market conditions and experience but also because we provide our landlords and tenants with a 'one number to call' service. We deal with everything in-house. We take personal responsibility for every enquiry, issue and service offering. Our aim is to provide our landlords and tenants with complete peace of mind. We want them to be able to instruct us with confidence.’

He added, 'My team here has worked really hard to help achieve the results we have. We all believe in getting what we do right first time. In that way we give our clients a more relaxed time – so they can focus on more important things in their professional and personal lives.' 

To discover the various ways the Southampton Lettings team can help you, simply call 023 8023 2909 or visit www.pearsons.com/landlords 


Charity Jumble Sale in aid of the Waterside Cancer Support Centre

  • 23 November, 2016

Following a successful fund raising Jumble Sale in aid of the Waterside Cancer Support Centre, Pearsons Hythe office would like to say a " huge thank you to all the lovely people that turned up, helped and donated, to our latest jumble sale."  Although it was a very gloomy day outside there was a great atmosphere in the hall and the event raised just over £500.

The Waterside Cancer Support Centre were also very grateful for the generous donation and said "this donation will help us sustain the services we provide to anyone affected by cancer from the Waterside, New Forest, Totton and surrounding areas.  We can't thank you enough for your continued generous support."

Service Please

  • 18 November, 2016

Why, when it comes to selling a specialist property in the digital age, you still can't beat the experience and expertise of a bricks and mortar estate agent.

In this cyber-centric existence, where websites act as the new shop windows, and online browsing is firmly ingrained into the fabric of our everyday culture it's easy to turn to the internet as a first port of call when looking to sell or buy character property. But while the digital revolution has excelled at making some aspects of day-to-day life more convenient, there really is no substitute for the specialist level of service that a physical estate agency can offer. 

A character property can be defined in the simplest sense as one pertaining the 'wow' factor and refers to any property that is unique and outstanding, be that in a quirky capacity or because of its sheer size. They are in every sense of the word ‘special properties’ and as such require an expert level of care that reflects their unique nature. 

It was this realisation and absence in the marketplace that prompted Pearsons to introduce a dedicated Country & Individual Homes division to its already extensive scope of property services. As Director of the division Jeremy Beckingsale explains "Not all houses are created equal and our intention through launching Country & Individual Homes was to offer a service that markets these unique properties with the expert approach that is not only necessary, but actually fundamental, when dealing with a home of this calibre.”

"Distinctive homes at the high end of the market or those that are unique or rich in character, require a more tailored service, which focuses not only on local buyers but those from further afield. That’s what the team we’ve created here at Pearsons are experts at and what our Country & Individual facility can offer a potential seller.”

While the internet is one such avenue the team enlist in their enhanced marketing approach for these unique character properties, it's just one aspect of a wider strategy that includes exposure in the agents' own quarterly publication available at all of its local offices. It's a trump card that sets Pearsons apart from the competition, and cements its position as a leader in a fluctuating market that has seen the agency flourish and thrive for more than a century.  

What's more, the agency market your property on a dedicated Country & Individual Homes website, for the duration of the sale, giving it elevated exposure through banner ads on the landing page, and a thorough and comprehensive sales spec. All totally free of charge.

If you're interested in learning more about the Country & Individual Homes portfolio at Pearsons, or if you're looking to sell a home you think could benefit from this service, visit countryandindividualhomes for more information. 

Going, going… Property Auctions team going from strength to strength

  • 10 November, 2016

Pearsons Property Auctions department has continued to thrive in a year that has seen some potentially unsettling changes for the property market, from the 3% Stamp Duty rate on properties over £125,000 to Brexit.  

Our auctions have become a regular and renowned feature of the Hampshire property market scene with the mid-week events we hold at the Hilton Hotel at the Ageas Bowl County Cricket Ground, West End, always well attended.

Our sales feature properties and land from all across the county, including the Isle of Wight. These include residential homes – such as houses, bungalows and flats – investments and buy-to-let opportunities plus commercial facilities. Note that auctions are not just for dilapidated properties, those that will be renovated or demolished and developed. No, more and more 'ready to move into' homes are making it onto our lists. That's because both sellers and buyers appreciate the benefits of doing business in this way, including the fact that contracts are exchanged at the auction and the sale has to be completed within 20 business days of that. This avoids the usual risk of chains, sales falling through and wasted time, money and hassle.

Having only launched our auction service in 2010, Pearsons already sells more properties on the Hampshire mainland than the majority of our competitors. What's more, while the national average for the number of lots actually sold on the day of an auction is around 70 – 75% of the list, our August sale resulted in 87% of the properties listed being sold, raising over £2,200.000.

Part of our auction team's success is due to them being keen to think outside the box to bring sellers and buyers together.

Steve Sprake, Director of Pearsons Property Auctions, who has over 40 years in the industry, 16 of them with Pearsons, gives an excellent example of this philosophy in practice, 'On 27th July we sold a cottage in one of the local villages at an exclusive and especially organised auction at a nearby public house. This was the only property for sale. But that didn't prevent more than 50 motivated buyers attending after well over 100 viewings prior to the event. We set the guide price at £475,000 but actually achieved £579,000 on the day. We were obviously delighted, the seller was delighted and the pub landlord was delighted having over 50 extra customers on a quiet mid-week, Wednesday morning with the bar just opened and lunch about to be served!’

To find out more about the benefits of selling or buying property through Pearsons Auctions, please just call 023 80 474 274 or visit pearsonsauctions.com.


Welcome to the autumn edition of Dwell.

  • 8 November, 2016

As we get ready to help those movers looking to be in their new home for Christmas, it's a good moment to reflect on the year to date. And what a year it's been – for our profession, the property market and, indeed,the nation as a whole. Hot on the heels of the European Union's Mortgage Credit Directive and an increase of 3% in the Stamp Duty on properties over £125,000, came the referendum on the country's membership of the EU.

Despite the uncertainty these changes brought about, I'm delighted to report that the property market – particularly here in South Hampshire – has proven to be enduringly resilient. That's despite all the doom and gloom predicted. In fact, in this edition of Dwell, amongst our usual eclectic and impressive portfolio of Country and Individual homes, you'll discover further evidence of just how resilient our local area's property market has proven to be.

For example, Chris Croake, Director of our mortgage partner, Choice Financial Solutions, writes about how record low interest rates have helped to drive mortgage lending to hit its highest August level since before the financial crash - being around 15% up on the same time last year.

You can also read an article by Marsh Stone, the Lettings Manager in our Southampton office, who describes how his team is having a very successful year, as this historic port city with its fantastic shopping, sport, leisure and entertainment facilities, continues to draw renters.

In addition, Steve Sprake our Property Auctioneer, provides some insight into why his expert and specialist team are going from strength to strength in selling properties and land from all across the county, in both rural and urban locations.

Our London Exhibitions have also demonstrated South Hampshire's enduring appeal to out of area buyers, those perhaps seeking a residence away from the Capital's hustle and bustle or a weekend bolt-hole. There's no doubt that we are blessed to be living where we do with cities of great character and culture, gorgeous countryside and superb coastline all here to be enjoyed.

Last but far from least, if you'd like to know more about what's happening in the market local to you, the head of each of our 13 offices has provided an update in the pages that follow. And if you need expert, experienced advice and guidance regarding any aspect of our professional property services, please visit countryandindividualhomes.com or simply talk to a member of our team.

Mark Gilbert
Managing Director
Pearsons Estate Agents


Going, going, gone!

  • 20 July, 2016

Why more and more savvy sellers are turning to auctions to offload property. 

When it comes to selling property, the market is often summed up in one of two ways; whether you're a buyer or a seller and who has the advantage at the time. But what if there was a scenario where the homeowner and the buyer could both be winners? Well, when you sell your property by auction that's exactly what you get - and the process couldn't be simpler, as more and more switched-on property hunters are starting to discover. 

Thanks to ever growing demand the number of properties being put up for auction in the UK is steadily increasing, with competition among cash buyers fierce for those that make it to the hallowed block. At their first auction of 2016, Pearsons' dedicated auction division smashed their previous sales record for property sold in a single auction, with a sum in excess of 2 million pounds achieved by selling only eight individual properties. 

"We sell a property at auction and the exchange takes place the same day, the completion 28 days later. Sales don't fall through at auction.It really is as simple as that."

It was an outcome that was even more rewarding for Pearsons Director of Auctions; Steve Sprake, who oversaw the auction for the first time since his appointment to the division in October 2015. Steve, who brought with him 16 years experience in residential sales for Pearsons local office in Southsea, attributes the appeal of auctions down to a simple fact - selling at auction is quick, easy and totally transparent. 

"I don't understand why everyone doesn't sell their house by auction" says Steve. "People are under the impression that to sell at auction your property needs to be dilapidated and in some state of disrepair - this is categorically not the case. 90% of the attendees our auctions attract are cash buyers with serious intent to purchase, and this could be anything from a project to a family home that's beautifully finished and ready to move into.” 

Since his move from the sales side of the business into its auction division Steve's eyes have been completely opened to the endless benefits that selling a property at auction affords. "There's no chains, no surveys, no agonising wait for completion," he continues. "We sell a property at auction and the exchange takes place the same day, the completion 28 days later. Sales don't fall through at auction. It really is as simple as that."

If recent legislation changes in the property sector have any bearing, it's likely that more and more sellers will actively shun the open market in favour of offering their property for quick sale at Auction. A fact Steve relishes "We're completely passionate at Pearsons about selling auction properties for our clients and while we always set a realistic guide price, we do everything in our power to achieve the best possible price on the day."

Selling at auction is nothing new, but it is becoming increasingly popular again as more and more sellers look to turn around their property for maximum profit and a quick exchange. If you're thinking of putting your property for sale at auction in the South coast area you can contact Steve and his team at their West End Office in Southampton on 023 8047 4274 or visit pearsonsauctions.com for more information.