• Berrimain Eaton News and Updates

Halifax House Price Index for January

House price growth hit a six-month low last month to 2.2%, Halifax figures show.

The latest Halifax House Price Index for January showed annual growth declined from 2.7% in December 2017, the lowest rate since July last year.

It was also the second consecutive monthly drop, with figures again down 0.6%.

The Index put average prices at £223,285 for January, which is still 1.9% higher than the same period last year.

Russell Galley, managing director of Halifax Community Bank, said: “Although employment levels grew by 102,000 in the three months to November, household finances are still under pressure as consumer prices continue to grow faster than wages.

“Additionally, it’s still too early to see any impact for first-time buyers from the abolition of Stamp Duty on purchases of up to £300,000, which was announced in the November Budget.

“Despite the recent rise in the Bank of England base rate, mortgage rates are still very low.

This, combined with an ongoing acute shortage of properties for sale, will continue to underpin house prices over the coming months.”

Compton Hospice

Our first BE in the Community volunteering day for 2018 took us to Compton Hospice’s superstore in the centre of Wolverhampton. The four members of staff on the day included Andy, Emily, Sarah and I – all geared up ready to assist in any way possible.

Ed Blackwell, manager of Garrick Street, welcomed us and proceeded with a tour of the extensive superstore with all aspects of Compton Hospice being covered.

On the day Emily worked on the till working very well with other volunteers whilst Sarah was on the shop floor keeping all items in order whilst assisting with shoppers. Andy and I helped with the furniture side of the store, generally moving sold items to the collection area and re-arranging existing sale items, allowing for more space on the shop floor.

“At Compton we are lucky to have over 850 volunteers aged from 16 to 90 years old who give up their time to support us, just like yourselves, and as a result this helps us to save over £1million every year in running costs, ensuring that donations go that extra mile. As a result so we are so grateful for your support and hope to welcome you back in the future to find out more about the work of the hospice and how your support helps us.”

Charlotte Lilley
PR & Marketing Officer
Compton Hospice

For more information on how you can volunteer at one of Compton Hospice’s 28 shops or make donations please click on the link below:-

www.compton-hospice.org.uk

   

   

      

Bridgnorth 10k Run!

Well done Emily Lewis from our Tettenhall Office on achieving an almost 1hour 10k pounding of the hills in Bridgnorth. This was a fabulous local event and great for bringing new trade to the town.

The run passed many of the lovely character properties in the area as well as running up the very challenging Railway Street. Thank you to all the organisers at Bridgnorth Running Club.

Stamp Duty permanently abolished for first-time buyers up to £300,000

Article source: http://www.propertyindustryeye.com/

Philip Hammond has today permanently abolished Stamp Duty for first-time buyers purchasing properties up to £300,000 and in high-priced areas on the first £300,000 of houses worth up to £500,000.

The change kicked in at one minute past midnight today, says the Treasury briefing paper.

It says: “To ensure that all first-time buyers purchasing a house on Budget day benefit and to avoid disruption, the relief will take effect from Budget day (00:01 hours November 22nd).”

The paper says that in every region of England outside London, and in Wales and Northern Ireland, the first-time buyer will pay no Stamp Duty. Altogether, 80% of first-time buyers will be exempt from Stamp Duty.

In London, the average Stamp Duty bill for a first-time buyer will nearly halve, from £10,500 to £5,500.

The Chancellor estimates the move will cost £3.2bn over the next five and a half years.

Initial reaction from the industry has been mixed, with a number predicting that abolishing Stamp Duty for first-time buyers will simply push up prices at the lower end of the housing ladder.

Lettings Success Grows

Well done to Oliver Jones and Sophie Guest bearing generous gifts of aftershave and a designer scarf from a happy client, and also to Tric who has received a fabulous box of chocolates and a lovely card.

Berriman Eaton Lettings have continued to grow with very much offering great customer service in a time where other businesses are depending so much on ‘online sales and communication’.

Most of our landlords are busy professionals, so having the confidence and trust with our staff to get the job done gives great peace of mind.

A big Thank you from The Haven

“Hello Bruce,

On behalf of all associated with The Haven Wolverhampton may I take this opportunity to thank you for your thoughtfulness and generosity. We couldn’t be more grateful for your support.

In that sense, volunteering is of mutual benefit – we gained a lot from your practical help but I hope your volunteers also gained by learning about the urgent need for places like The Haven, and the reality of domestic violence. Likewise, I hope they enjoyed having a day out of the office.

Please, send a massive thank you to the 3 volunteers who participated in the corporate project at Shirlin and please, let them know that their kindness will bring much happiness to women and children escaping Domestic Violence. It is only thanks to the support of organisations like yourselves and the community that we can make their stay in our hostels much easier and continue running vital services for them.

Once again, thanks a lot for your support. We are looking forward to continue working together in different projects and activities in the near future. In the meantime, let me also say what a pleasure it was to work with you. This project would have not been possible without your support and outstanding organisational skills collecting the ID forms and confidentiality agreements!!

Kind regards,
Marta”

                                                      Marta is the one in the middle