MAY PROFESSIONAL PONDERINGS The World Of Estate Agency The sun really does make a difference when you are trying to sell a house, indeed the general

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1 MAY PROFESSIONAL PONDERINGS The World Of Estate Agency The sun really does make a difference when you are trying to sell a house, indeed the general weather has a huge impact and what a mixed bag we have had over the last few weeks. After the Easter break, Spring felt it was on its way and we were able to launch a number of new properties to the market, which have been attracting a good level of interest. There is still a general shortage of property available on the wider market but, fortunately, we seem to be bucking the trend. In this selective market buyers need to keep in closer contact with selling agents, to avoid disappointment and must not simply rely on the internet. More and more properties are being sold off-line and this is a trend which is likely to grow whilst the number of available properties remains low. Prices remain stable locally and last November s interest rate rise had been expected for a long time and therefore had little impact. With recent economic figures still showing a delicate economy, it seems that significant rate rises are unlikely and, as before, modest rate rises should be absorbed without causing too much of a ripple. We are therefore looking forward to an active Spring and Summer market which, unlike the last few years, will hopefully have no interruptions from General Elections or Referendums.

2 The rental market remains strong with a continued level of demand from tenants for 2, 3 and 4 bedroom properties. It has become more difficult for tenants to find a property, as a number of landlords have withdrawn from the market for various reasons. There have been normal disposals by landlords cashing in their pension investment and then there are those who have been affected by the changes in tax relief that the Government has introduced. This has been compounded by fewer Buy to Let investors entering the market, again in part because of the tax changes but also the additional Stamp Duty levied, adding a sizeable cost to any purchase. From the 1 st April the new MEES (Minimum Energy Efficiency Standards) came in to force, which means that landlords are no longer able to offer for rent a property that does not meet the minimum standard, which is level E (efficiency ratings run from A (most efficient) to G (least efficient). This applies to new tenancies, but from April 2020 existing tenanted properties will also have to meet this minimum requirement. It is therefore imperative that landlords ensure that they check their property s energy rating and take steps to bring it up to standard. The current Windrush affair is also having an impact on how landlords deal with the Right to Rent legislation and a new guidance document has been published this week setting out the procedures for dealing with prospective tenants with long term residency in the UK but without full legal citizenship. The Government has also just introduced the Tenant Fees Bill in to Parliament, which will restrict the size of tenancy deposits and fees charged to tenants. We manage a large portfolio of residential properties on behalf of clients and are happy to discuss any of these matters further. To seek advice on any residential property related matter, whether selling, buying, letting or for a free market appraisal, call any of our Estate Agency team on , who will be more than happy to help. Chris Beeby Sales & Lettings Manager

3 Forthcoming Special Sales Tuesday 15th May at 11.30am approx Special Sale of Ewes with Lambs at Foot Entries to Include A dispersal of 50 Mule Ewes with Lambs at Foot Please contact Alastair with your entries, so that buyers can be informed of entries pre-sale. ************************************************************************************************************************************************************************ Tuesday 22nd May at 11.30am approx Spring Lamb Show & Sale Class 1 Pen of 4 Charollais x Lambs Class 2 Pen of 4 Texel x Lambs Class 3 Pen of 4 Suffolk x Lambs Class 4 Pen of 4 Any Other Breed Lambs Rosettes and Prize Money to 3 rd Place Pens are allocated for the Show, so Please contact Alastair or Angela to enter your lambs ************************************************************************************************************************************************************************ Tuesday 29th May at 11.30am approx Special Spring Sale of Poultry Please contact Alastair with your entries ************************************************************************************************************************************************************************ Tuesday 5th June at 12noon Collective Machinery & Equipment Sale Entries Close Tuesday 22nd May For cataloguing and advertising purposes For further information regarding any of the sales, please contact Alastair Brown FOR SALE Jack Russell Puppies Dogs only, tails docked & microchipped. Mother is an excellent ratter. Contact Martin

4 REPORT FOR TUESDAY 8TH MAY New Season Lambs NO lambs under 300p per kilo. Prices achieved to beat many markets around the country, topping at 320p and averaging p. Best to get lambs to over 40kg to achieve the best price per head. All types are wanted, the better the lambs, the more you realise per head. Please contact Alastair for further marketing information. Lights Topping at 307p or for 32kg lambs from NG Adams. 307p p p Standards RW Kerby topped this section with some 36kg lambs at 320p or , next top came from E Brain & Sons with some heavier lambs at 38.5kg sold for 318p or , Pip Careless topped next at 311p or , Andrew Cook took next top at 310p or Andrew Taylor took next top at 309p for 38kg lambs, B Burrows & Sons achieved 307p for 39kg Suffolks, TH Turner & Son topped at 306p for 38.5kg lambs, R Griffin sold their 35kg lambs to 305p. 305p p p Mediums Pip Careless topped this section at 316p for 41kg lambs, Saffron Estates Ltd topped at 314p for 42kg lambs, RW Kerby topped at 309p for 40.5kg lambs, TH Turner & Son topped at 304p for 42.5kg lambs and R Griffin topped at 300p for 41kg lambs. Having mentioned previously about getting lambs weighing to 40kg, below are examples of this: Top price per head over 40kg sold to for Saffron Estates Ltd for 42kg lambs, 41kg lambs from Pip Careless sold to , TH Turner & Son with 42.5kg lambs selling to , RW Kerby topped at for 40.5kg lambs, and R Griffin with 41kg lambs to p p p

5 129 Old Season Lambs Numbers are getting harder to find each week. If you have some, sell them as soon as possible, as the customers will soon switch over to New Season Lambs, as more come onto the market. Even if they aren t fit, put them in the stores. Lambs are now pushing teeth and can be worth less. Just one lamb out of the whole entry under 200p this week (66kg at 190p still totalling ). Lights Topped at 235p for 31.5kg hoggets from J & S Minshull. 235p p p Standards 37kg hoggets from TW Sammons topped at 263p or 97.31, followed by N Smith & E Noble at 254.5p or for 37.5kg hoggs, next top went to D & A Kelly with some 35.5kg hoggs at 247.5p. J & S Minshull realised for 36.5kg hoggs. 241p p p Mediums Joint top in this section for Ben Hemmings with 41.5kg hoggs and TW Sammons with some weighing 39.5kg, both realising 265p, which was top price of the day. GSF Wealsby topped at 263.5p or for 42.5kg Suffolks. Bruce Minett took the top price per head at for 45kg hoggs and for some weighing 43kg. 250p p p Heavies NG Adams topped this section with a 46kg hogg at 259p or , next top went to Pip Careless at 257p for a pen of 47.5kg hoggs, R Griffin topped at 256p for 52kg hoggs, 254p for 50.5kg and 248p for 52kg and he topped the price per head with his 52kg hoggs at p p p

6 Over 52kg Prices topped at for 3 Charollais rams from JG Taylor weighing 67kg, R Rainbow topped at for a 60kg hogg, R Griffin topped at and J Page topped at or 243p for his 54.5kg hoggs. 221p p p Cull Ewes & Rams A cultural festival is underway shortly (15 th May) and buyers have been stocking up to meet the demands. This week a fast of food, etc, is being held. It is a period of daylight fasting which sees millions of believers abstain from eating or drinking anything from dawn until sunset. Fasting includes no food, drink, sex, smoking or swearing. The act of fasting is said to cleanse the soul and bring believers closer to God. So a very good trade was seen this week, but may deplete over the next month while people fast. Keep your eyes open for details, as they may have a craving for food in a month, when it finishes on 14 th June? Prices topped at 125 for 7 Texel ewes from P & M Miller Ltd, John Bourne & Son topped at 100 with similar sorts and James Walters also topped at 100 with his 10 Suffolks. R Griffin topped at 97 for a Charollais, J Page sold his Texel type to 96 and his Mules topped at 94, with other Mules to 88 for Andrew Cook. Rams topped at 99 for A Tuffen, NG Adams topped at 96, David Moore saw 81 for his Charollais Store Lambs & Breeding Sheep A pen of 19 Easycare x store lambs topped at for Gipsy Hall Farms Ltd, another from R Rainbow sold to Suffolk ewe lambs with single lambs at foot, topped at 80 per outfit for MJ Tisdale. MORE should be forward next week, with a special Sale of Ewe & Lambs being held. If you have some, please book them in with Alastair, who can inform potential buyers

7 653 lots of Produce, Fur & Feather, Plants, Produce & Miscellaneous Items & Effects. Another good week on the other side, with an almost 100% clearance for all sections. A massive crowd gathered round the poultry section, with buyers looking to purchase hens for their gardens and small holdings. Buyer also keen for plants, now that they can get into their gardens, after the excellent weather we have been having and every week a great selection of all types of plants, shrubs etc. Fresh home grown produce is available each week, at some bargain prices, in comparison to many village shops. Also a varied selection of Garden equipment, Tools, Household effects can be seen each week on sale at the market. Why not come and see for yourself, buying or selling, everyone is welcome. Please see below some of the prices achieved and the items on offer. For more information please contact Alastair Fur & Feather Prices Bluebell Pullets Legbar Hen Pekin Hen Speckled Rock POL Com Browns Light Sussex Pullets Call Ducks Quail 2.00 Doe Rabbit Sundries & Miscellanea Prices Air Rifle Rotavator Chicken Coop Small Stove Hanging Oil Lamp Log Burner Galvanised Feed Bin Seed Hopper Strimmer Workbench Plants & Shrubs Prices Rose Bush Large Pot Azalea 4.50 Arum Lily 2.00 Hydrangea 2.00 Orchid 2.00 Begonia 1.50 African Marigolds 1.50 Geraniums 1.00 Petunias 80p Compost 4.00 Fresh Produce Prices 4kg Cooking Onions 4.00 Rhubarb 80p Corn 4.50 Hatching Eggs Prices Tray Duck 5.00 Doz Wellsummers ½ doz Silver Spangled 6.00 ½ doz Gold Pheasant 5.00 Cuckoo Maran 4.50

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