The great and the good of Portsmouth’s
Property Industry turned out in force for the 2011 PPA Annual Charity Dinner
held at the Guildhall in support of the City’s Beneficial Foundation.
The event, sponsored by developer Warings,
attracted some 200 property professionals and their guests from throughout the
region to celebrate an interesting 2010 and to belatedly welcome with optimism,
a more prosperous 2011. We were
delighted to welcome The Lord Mayor Councillor Paula Riches who was able to tell
us of her recent experiences meeting with the Associations chosen charity and
the great work they carry out, Â providing education,
training and rehabilitation to adults of all ages who are in need.
In his welcoming speech, Chairman Roger Sherliker, was positive of the ongoing
role of the property industry, as a driving force in the city, commenting that
we are all able to â€œcontribute to
its revitalisation and growth in the next few yearsâ€.
Excellent spirits, created by great food
and great company were further enhanced by the brilliant Comedian Jed Stone, who
had them rolling in the aisles before kindly drawing the Raffle to bring the
evening to a close.
Many thanks go to all those who helped
make the evening such a success.
Particularly to Warings for their generous sponsorship of the event, to
HantWight Searches Limited who sponsored the Champagne reception and to the
following companies for their generosity in the Charity Raffle: 1000 Lakeside
Northarbour, Glanvilles LLP, Carnelian Property Services, Portsmouth FC, Clive
Emson Auctioneers, Pearsons, Fairhalls, Larcomes Solicitors, Gosport Business
Centre, Warner Goodman, Hughes Ellard and The News who also provided all the
printed materials for the event.
A good time was had by all and as was
announced on the night approximately £2500 was raised for the Beneficial
Our chosen charity for 2015 was the New Blendworth Centre in Horndean. Over the course of the year we raised the sum of £7706.10 on their behalf and have now received a thank you letter and card thanking us for our efforts.
The New Blendworth Centre is a day provision for post 19 year old people with varying degrees of learning difficulties. The Centre offers its Service Users a work orientated placement in a semi-sheltered environment situated in the village of Horndean Hampshire. The centre aims to develop and support individual goals, encourage friendships, raise self-esteem and promote confidence and independence.
Welcome to the beginning of a New Year for our Association.
Following our AGM last week I am very pleased to continue as your Chairman for a further year and I would like to welcome Tom Holloway as our Vice Chair along with our 2 new committee members Lorna Newnham from Glanvilles Solicitors & Daryn Brewer.
We have a good schedule of events both formal and light hearted over the next 12 months. Hopefully there will be something for everyone. Full details will appear on the web site over the next couple of weeks.
Please feel free to make suggestions to us as we are all here to serve your interests
Our first event is our Conference early April followed by our Spring Lunch on the 19th May. Full details and costs will be with you all shortly.
Q.Â Â Â Â Â Â Â How much difference will the recent
Budget make to the housing market?Â
A.Â Â Â Â Â Â Â In practice, of course, it’s much too
soon to tell, but in the immortal words of the late great Eric Morecambe, I
think the short answer is probably â€œNot a lot!â€Â
understandably made by the Government of their new £250million FirstBuy shared
equity scheme, designed to help hard-pressed first time buyers get onto the
property ladder. However, since it only applies to new-build properties, it will
do nothing at all to help boost sales of â€œsecond handâ€ or resale homes. Besides,
it is calculated that it will probably only help a maximum of 10,000 first time
buyers, before the funds run out – which is little more than a drop in the
Of course, new build can
still represent an exciting opportunity – but only at the right price. So, my
advice to all buyers – be they first-timers or not – is to do your homework
thoroughly before making an offer and look at the second hand equivalent house
to give you some evidence. Nevertheless, you should still expect the new one to
be a little dearer, because like a car you will have to pay a â€œnew premiumâ€ –
often around 5%.
As for other Budget measures…the
decision to keep Stamp Duty at zero for first time buyers on properties up to
£250,000 for a further year is to be welcomed – although any feelgood factor
generated by this will to an extent be offset at the other end of the scale by
the new 5% rate on properties over £1million.
In summary then, plenty of people will argue
that the Chancellor could have done a lot more to support the property market. And
in theory, he could have done – for example, by embarking on a long-overdue
revision of the entire Stamp Duty system. Whether he ought to have done,
however, is a very different question – after all, the housing market doesn’t
exist in a vacuum. In fact, all in all, given the wider economic realities, I
suspect he did as much as he prudently could. Which, as I said at the start,
was not a lot!
We have received the very sad news that Jeremy Young, a past Chairman of the Association, passed away recently. Some members will recall he was a partner of Young & White, and more recently, at Lambert Smith Hampton.
A remembrance service will be held at All Saints Church, Steep, near Petersfield, on Monday 26th February, at 2.30 pm and everyone is welcome to attend.
Please make any donations to: the Rosemary Foundation c/o Rowlands Funeral Services, Petersfield – Tel: 01730 262711
The Annual Dinner is fast approaching (it’s a sell out event on 23rd February!) and we would appreciate support from members by donating raffle/auction prizes. All money raised is given to our nominated charity – The Elizabeth Foundation – and we rely upon the generosity of members to make it a success. Contributors are recognised on the night.
Steve Cripps has been unveiled as this year’s chairman of the Portsmouth Property Association (PPA) – the first banker to hold the role in its near 100-year history.
The 58-year-old is a very experienced SME (small and medium enterprises) Relationship Manager for the NatWest in Fareham and takes over the association’s reins from Danny Smith of independent financial advisers ADN
Financial Solutions in Southsea.
He follows other well-known industry professionals in the role of chairman in the PPA’s 95-year history.
Steve, who is single with an aspiring musician son aged 24, is Fareham born and bred and has worked for Nat West for more than 40 years.
The newly-appointed chairman is keen to drive the Association forward as its centenary year approaches.
He said: “As we move towards our centenary year in 2020 my aim is to ensure the PPA continues to grow – from the present number of 145 members.
“I am acutely aware of the prestige and responsibility this role entails and I am determined that the highest level of integrity is maintained.”
Steve is keen to promote the ethos of the Association which brings together local estate agents, letting agents, property valuers, solicitors and bankers into one recognised professional body.
“As the property market continues to flourish the PPA can play an invaluable role because it brings together so many industry professionals under one roof.
“Our ongoing aim is to assist clients, both personal and commercial, in all aspects of their journey into property ownership and to make this as smooth as possible.
“Portsmouth and the surrounding post code area continues to flourish and, with the upcoming America’s Cup yacht races, this can only be tremendous news for this great city.”
“The recent changes in stamp duty have helped reflate the market and it remains buoyant. I am optimistic about the future, but we must continue to do everything we can to keep it that way.”
The PPA has raised upwards of £75,000 for local charities over the years.
Steve’s nominated charity for this year is the New Blendworth Centre, a day centre for young adults with learning disabilities based in Horndean.
“They do so much good for young people in our community that I decided they deserved to benefit from my year in office.
“I have known this centre for eight years and their work with young adults goes largely unrewarded so to be able to give something back to them is very satisfying.”
“Our NatWest management team even spent a day there last year doing some painting and gardening. We had a whale of a time and were really welcomed.
“I was also looking for a charity just slightly ‘off the island’ to show that the association does have a wide reach,” he added.