Latest News

Latest News

OnTheMarket.com Launches!

If you’re looking to buy, sell, rent or let property, today sees the launch of a major new national property website:www.onthemarket.com

We’re proud to be part of this state-of-the-art new website, which is dedicated to presenting properties beautifully, clearly and accurately. It features a clean, simple search and an elegant design with no distracting advertising and no unnecessary information – just hundreds of thousands of properties looking their best. We see it as a great innovation for our vendors and landlords and great for property-seekers too.

Along with thousands of other estate and letting agents across the UK, we have moved all our properties from other websites to OnTheMarket.com and we are launching our new-to-market properties at OnTheMarket.com exclusively first. We shall continue to advertise all our properties on Rightmove and our own website as well as working as closely as ever with the large number of prospective buyers and tenants on our books.

Whatever your interest, if you’re in the market, visit OnTheMarket.com today and set up a property alert, so you are first to see new properties as they come on the market.

STAMP DUTY CHANGES FROM MIDNIGHT 3/12/14

George Osborne has said stamp duty will be cut for 98% of homebuyers in his Autumn Statement to the Commons.

The chancellor said that from midnight, the current system, where the amount owed jumps at each threshold level, would be replaced by a graduated rate, working in a similar way to income tax.
The new stamp duty rates will only apply to the part of the property price that falls within that band.  People currently in the process of purchasing a home could choose which regime to operate under, Mr Osborne said. Under the new regime, no tax will be paid on the first £125,000 of a property, followed by 2% on the portion up to £250,000, 5% up to £925,000, 10% up to £1.5 million and 12 % on everything over that.

http://www.bbc.co.uk/news/uk-politics-30291460

Online calculator: http://www.hmrc.gov.uk/tools/sdlt/land-and-property.htm

Free Prize Draw – November 2014 Survey

https://www.surveymonkey.com/s/G8GR3BZ (Click on Link)

Terms and Conditions: No purchase necessary. All entries must include name, telephone and email address. Only one entry per person. The winner will receive a voucher up to the value of £75 for a meal at Allard’s Lounge in Tynemouth. There is no cash alternative to the prize and the promoter reserves the right to offer prizes of equal or greater value. Brannen & Partners will draw the winner at random from entries on the 1st December 2014. The winner will be notified by telephone in the first instance on 2nd December 2014. The winner will then be notified by email. By entering our free prize draw you agree to receive further information from Brannen & Partners. The winner may be featured as part of a publicity campaign associated with Brannen & Partners.

We Are Recruiting!!

We are currently seeking an experienced Property Manager to join our team based in Whitley Bay.  You will be responsible for managing a portfolio of approximately 20 complexes and therefore an understanding of the principle aspects of managing residential property is required including The Landlord & Tenant Act, Health & Safety and managing major works.

You must have the ability to effectively chair meetings, deliver service within budget combined with a good understanding of financial management, be a strong team player and possess excellent service and client focus skills.  Strong IT skills are required as is a full driving licence and your own vehicle.  Due to the nature of the role some out of hours work is to be expected.

If you are keen to find out more and have the necessary skills please forward your CV to Shaun Brannen, Brannen & Partners, 220 Park View, Whitley Bay, NE26 3QR – shaun.brannen@brannen-partners.co.uk .  Closing date for applications; Friday 14thNovember 2014.

We Are Recruiting!!

We have two exciting apprenticeship opportunities on offer with career progression for the right candidate.

To find out more visit: www.necctraining.co.uk or contact Karen Wass on 0191 2517878 ext 108.

  • Repairs Co-ordinator
  • Sales & Lettings Role

Brannens Are Supporting Movember!!

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We Are Recruiting!!

An opportunity has arisen for a Property Consultant to join our successful sales and lettings team. The ideal candidate would be highly motivated, have previous experience within the industry and be able to work in a fast changing environment. A driver’s licence should be considered essential.

If you think this could be you, please email your CV and cover letter to tynemouth@brannen-partners.co.uk or post to 11 Front Street, Tynemouth, NE30 4RG for the attention of Mr Jonathan Parker. The closing date is the 20th June 2013.

Gingerbread Priory

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Congratulations to Mr Brian Burn of South Shields who won our free raffle for the gingerbread Priory… enjoy!

Food Festival Delights!

We had a fantastic time on Saturday and Sunday despite the weather. There were lots of lovely food stalls (which we were forced to sample!)

Mr Merlin was enjoyed by adults and kids alike during his four magic shows in the office.

mr merlin and kids

The Brannen’s lego figures also went down a storm!

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We hope you had fun too!

Magic Ingredients

Brannen & Partners is sprinkling its own magic ingredients on to the festival with children’s magic shows and balloon making taking place at its Front Street branch.

Children are invited to attend the free shows at:

1pm and 2pm on Saturday May 11

12 noon and 1pm on Sunday May 12

No need to book, just turn up and help Mr Merlin conjure up some tasty treats.

Tynemouth Food Festival 11-12th May

We are delighted to announce that we are sponsoring the second annual Tynemouth Food Festival, having also sponsored the first festival last year! www.tynemouthfoodfestival.co.uk

It will again be serving up a fabulous feast of gastronomic fare following its spectacular debut last year when more than 18,000 people descended on the picturesque seaside village just 10 miles from Newcastle over the course of the main two day weekend.

Food lovers can expect a double-sized helping of tasty treats this year as this celebration of the region’s culinary heritage brings together even more local celebrity chefs, producers and gourmet fringe happenings from pop-up restaurants to more than 40 local producer stalls, a street food area, chef demos, a 1940s-style tea dance, real ale festival, culinary-inspired kiddies’ entertainment and cooking competitions.

Brannen’s will also be entertaining adults and children alike with a raffle, magician, give-aways and two surprise visitors!

 

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Help to Buy Scheme: Questions & Answers

George Osborne Makes A Post Budget Visit In London

 

What is the Help to Buy scheme?

Help to Buy will take two forms: one part offers buyers an interest-free loan from the government; the other involves the government providing a guarantee to underpin a borrower’s mortgage.

Both will be available for homes worth up to £600,000 and there will be no restriction on how much applicants need to earn in order to qualify.

 

How will the loan scheme work?

The interest-free loan will be offered from 1 April 2013 and will be limited to people who want to buy a new-build property. It is similar to the existing First Buy scheme, but this time it is available to existing homeowners as well as first-time buyers.

Borrowers will need to raise a deposit of 5% of the value of the property they want to buy, but can borrow a further 20% on an interest-free basis from the government. The biggest loan available will be £120,000.

The state-backed loan must be repaid when the property is sold. It can be repaid earlier, but only if the mortgage is paid off at the same time.

After five years it will attract an interest fee of 1.75%, which will rise annually by the RPI rate of inflation plus 1%.

The Treasury says the £3.5bn scheme will help up to 74,000 buyers. Anyone who is interested in using it needs to contact a participating housebuilder or HomeBuy, which oversees affordable housing schemes.

 

How will the guarantee scheme work?

This part of the scheme, which will be available from January 2014, will help you buy either a new or existing property. Again, you will need to raise a deposit of at least 5% but no more than 20% (if you have a bigger deposit, you should have a good choice ofmortgages anyway).

The government will provide the lender with a guarantee for up to 15% of your loan, allowing it to offer a mortgage even though you have a small deposit. More details will be announced later in the year.

 

Has the government done enough to iron out confusion?

No. The mortgage guarantee scheme remains unclear, for instance. As well as not knowing who will qualify, we don’t know how much lenders will be charged to use it.

A lack of clarity might be expected of a policy that does not come into place until next year and has not been through a consultation process.

However, the Treasury does seem to have been caught out by some of the questions raised by its own document outlining the scheme.

 

Source: http://www.guardian.co.uk/money/2013/mar/21/help-to-buy-questions-and-answers

Budget 2013 – Help to Buy schemes

Option 1: equity loan

  • New build only
  • You’ll need a minimum 5% deposit to qualify
  • This expands the existing First Buy scheme and is now available to all, not just first-time buyers
  • The Government will lend you up to 20% of the value of your property through an equity loan, which can be repaid at any time or on the sale of your home
  • The loan is interest free for the first five years. From year six a fee of 1.75% is payable on the equity loan, which rises annually by RPI inflation plus 1 %
  • So you will only need to secure up to a 75% mortgage from a bank or building society
  • The expanded scheme is available from 1 April 2013. It will run for 3 years and provide £3.5billion of additional investment
  • Maximum home purchase of £600,000

Option 2 : mortgage guarantee

  • New build and existing homes
  • You’ll need a deposit of as little as 5% for this scheme
  • Available to existing homeowners as well as first-time buyers
  • You’ll need to secure a mortgage for your purchase. The Government guarantee will encourage lenders to offer better access to low-deposit mortgages
  • Available from January 2014, this scheme will run for 3 years
  • Maximum home purchase of £600,000

For more information: http://www.bbc.co.uk/news/uk-politics-21851965

‘Brannen Built’ House Back For Sale With Brannen & Partners After Sixty Years

The Brannen family has been synonymous with property on the Coast since the early 1900s – older generations of the family were prolific homebuilders in the area including on the Broadway, Linskill Terrace and Hawkeys Lane. There is also a ‘Brannen Street’ in North Shields, acting as a reminder of how the Brannen family has helped shape the Coast brick by brick.

We are therefore delighted to offer for sale this Brannen built house on Farringdon Road built circa 1960. In brief the property comprises porch, entrance hallway, living room, dining room, kitchen and conservatory. To the first floor there are three bedrooms and bathroom. Externally there is off street parking to the front, an attached single garage and rear garden. We look forward to finding the next generation of owners for the property! Viewings can be arranged on 0191 2578484.

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Brannen & Partners Start The New Year With A Bang!

We are delighted to announce the successful launch of our new upmarket website has helped Brannen & Partners go from strength to strength in the Coastal sales and lettings markets.

Our lettings department has ‘let agreed’ a record number of properties in January which is testament to the hard work of Jacqui, Caroline and all the support staff. Jacqui, Senior Lettings Consultant said ‘we are thrilled to have started the New Year so well! We have let several properties which were previously marketed through other agents who were struggling to generate interest. Our proactive approach has helped dozens of tenants find suitable properties in January, the only downside of that of course is that we now need more properties to let!’

For more information or if you have a property to let please call our lettings department: 0191 2517878.

Not to be outdone, the sales team has had a fantastic month generating lots of viewings, offers and sales for our vendors. Abi, Jonny and Martin had some fantastic feedback from vendors who were impressed by their dedication, professionalism and dynamic approach.

For free advice and guidance please call 0191 2578484.

Jonathan Parker, Branch Manager

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Independent Financial Advice now at Brannen & Partners

Following on from the successful opening of our Tynemouth branch, Brannen & Partners have now teamed up with Kevin Burton who is the principal of the local independent financial advisor TrustKB Ltd. Having taken the upper floor office at 11 Front Street Tynemouth, Kevin will offer wide reaching advise and guidance to help clients old and new make sense of current financial challenges. Bringing with him  a wealth of knowledge and experience of financial matters, his expertise will compliment that of our residential and commercial teams. We are confident that this will provide our clients with  a valuable ‘one-stop’ resource that can be utilised not only for property related matters but across the full spectrum of financial products.

You can reach Kevin through our Tynemouth office on 0191 2578484 or kevin@trustkb.co.uk

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