The Elite Ayrshire Business Circle

The Elite Ayrshire Business Circle

Friday, 26 March 2010

Frazer Coogans Solicitors welcome Stamp Duty
exemption for first-time housebuyers

A LEADING Ayrshire firm of solicitors has welcomed the two-year exemption from SDLT (Stamp Duty Land Tax) for first-time house buyers of properties up to £250.000 which was announced in Alistair Darling’s Budget last Wednesday.

Frazer Coogans Solicitors senior partner Norman Geddes (pictured above) said: “The concession on SDLT for the next two years raising the limit to £250,000 for first time home buyers is most welcome.

“It will provide a welcome boost to the housing market, not only by stimulating the first time buyer market but also by stimulating the market above that, as current homeowners find it easier to sell their houses and move upmarket.”

Legislation in the Finance Bill 2010 will introduce relief from SDLT for purchases of residential property at up to £250,000 where the purchaser or all the purchasers are first time buyers and intend to occupy the property as their only or main home. This relief will only be available for the next two years.

At present the SDLT rate is 1 per cent for residential purchases where the price is more than £125,000 and up to £250,000. The Finance Bill 2010 will provide relief for residential purchases in this price band if the purchaser or all the purchasers have not previously acquired such property.

It does not apply where the purchaser is a company.

A first time buyer is defined as someone who has not previously held a proprietary interest in such a property anywhere in the world,

If more than one person is buying, then all must be first time buyers for the exemption to apply.

Norman Geddes concluded: “The housing market has been stifled for the past two years by banks placing limits on mortgages for first time buyers which required them to have a substantial deposit, plus find up to £2,500 for Stamp Duty.

“The mortgage market is now beginning to ease slightly, and the Stamp Duty exemption will save first time buyers up to £2,500 depending on the price of the property.”


Frazer Coogans Solicitors
Dalblair House
46 Dalblair Road
Ayr KA7 1UQ
Ayrshire, Scotland

Contact: Norman Geddes, Senior Partner
Tel: 01292 280499
Fax: 01292 611645

* * *

There are currently 678 Ayrshire business stories permanently archived on this site. To locate those of most interest to you, please use the site search facility in the top left hand corner of this page. Type your search term in the white box, then click the magnifying glass symbol.

* * *

ARPL Architects oversee completion of
joint church and housing development

THE former leader of South Ayrshire Council, Councillor Hugh Hunter has opened Ayrshire Housing’s latest development at Observer Court, Prestwick. It is a development of 10 flats and houses, two of which have been especially adapted to suit tenants with particular requirements.

The 10 new dwellings have been constructed alongside the redevelopment of the Kingcase Parish’s hall. The church sold surplus ground to Ayrshire Housing which has helped to fund the work to the hall.

The design and build for both organisations has been co-ordinated through a single design and contractor team to maximise efficiencies for both parties. The architect is the award-winning Ayr-based firm ARPL Architects Ltd and the builder is Prestwick based Ashleigh (Scotland) Ltd, who took over the project when the original contractor Moulds of Kilmarnock went out of business.

Councillor Hunter said: “I’m delighted that Ayrshire Housing has been able to secure more much needed housing for rent through developing a successful partnership with the Kingcase Parish Church. We also see the benefits of the longstanding relationship between Ayrshire Housing and the Council which has ensured housing especially designed for people leaving residential care in the majority of its new housing developments.”

The arrangement with the Kingcase Parish Church released land for much needed affordable housing which in turn facilitated the enlargement of their church hall. The final stage of the partnership will see the completion of the church’s new car park over the next few weeks. Scottish Churches Housing Action has highlighted the project nationally as an example of what a church with surplus land or buildings can do by working in partnership with its local housing association. The project also complements the substantial investment of South Ayrshire Council in their adjacent flats.

The project cost £1.2m and has been supported by generous grants from the Scottish Government and South Ayrshire Council.

ARPL Architects Ltd

The directors of ARPL Architects Ltd are Patrick Lorimer, Robert Gilliland, Gordon Fleming, and Rebecca Cadie with John Ramsay, Stewart Glendinning and Kenneth Handley as associates.

The ARPL philosophy is to produce buildings to the highest design standards in close consultation with its clients. Designs are innovative and sympathetic to both the immediate and the broader environment in which they are constructed, with an emphasis on sustainability. Each project embraces the unique nature of the client’s needs and the site.

Over the 36 years since Patrick Lorimer established the original practice, ARPL’s status in the profession has grown steadily in line with its position as a medium-sized practice with a reputation for well executed projects. From its base in Ayr the practice carries out projects over a wide geographical area from the Orkneys and the Western Isles to Ireland.

The firm’s project experience covers the fields of housing, churches, schools, commercial projects, private houses, community and arts buildings. Particular expertise has been developed in contemporary sustainable design, specialist conservation works and design for historically sensitive environments.

ARPL’s work has received wide recognition through numerous design and environmental awards presented over the years for its new build and conservation works. Regular success in design competitions adds to the practice portfolio.

ARPL are currently working on new and refurbishment housing for Lochside, Ayr, several church and castle conservation and restoration projects and new community facilities in the South West of Scotland. Appointments for church commissions involve a range of denominations and projects from conservation and repair to extensions and new build. The firm is also involved in country houses and estates and the design of new houses for private owners.

The practice typically handles projects with construction values ranging from £100k through to £15m.

ARPL directors have managed to keep their business stable during the current difficult times, and have a busy current workload.

ARPL Architects Ltd is a founder member of the Elite Ayrshire Business Circle.


ARPL Architects Ltd
Architects and Quantity Surveyors
11 Wellington Square
Ayr KA7 1EN
Ayrshire, Scotland

Contact: Patrick Lorimer
Tel: 01292 289777
Fax: 01292 288896

* * *

There are currently 677 Ayrshire business stories permanently archived on this site. To locate those of most interest to you, please use the site search facility in the top left hand corner of this page. Type your search term in the white box, then click the magnifying glass symbol.

* * *

Thursday, 25 March 2010

Clydesdale Bank teleconference lets
law firms quiz leading legal light

AYRSHIRE'S legal community got the chance to question one of the UK’s leading lawyers, as part of a nationwide conference series organised by Clydesdale Bank’s Financial Solutions Centre.

Peter Scott, the former managing partner of top London and European law firm Eversheds, was the key speaker on a national teleconference hosted by Clydesdale Bank on the subject of how legal practices need to change following the recession.

Twelve law firms from in and around Ayrshire joined Clydesdale Bank’s managing partner Willie Mackie (pictured above) to question Peter on how the sector needs to be able to respond to the differing needs of clients following the economic downturn.

Willie Mackie, managing partner at Clydesdale Bank’s Financial Solutions Centre on Alloway Street, Ayr, said the teleconference was a great opportunity for local law firms to quiz one of the UK’s top legal professionals.

Willie said: “Peter was able to pass on a wealth of experience and insight gained from his career at a leading international legal practice. The market in which law firms now operate is very different as the UK economy looks to grow out of recession, and many clients have very different needs. Lawyers have to adapt, as most businesses do, and Peter discussed how firms need to continue to focus on fundamental principles such as identifying client needs.”

Stuart Paterson of Frazer Coogans Solicitors in Ayr (pictured above)commented: "Peter Scott's interpretation of client expectations of a legal firm in the 21st century was both informative and thought provoking. The format and content of the conference was innovative, and will assist local firms as they strive to provide a top service to clients."

This legal sector teleconference was part of a nationwide series of events being hosted by Clydesdale Bank to allow corporate and business customers the chance to network and hear from of the UK’s leading economists and professionals.

Future events will focus on the economic impact of the general election, exchange rates affecting farmers, food manufacturing and charities.

Clydesdale Bank

Clydesdale Bank is part of the National Australia Group. Clydesdale Bank was established in 1838 in Glasgow and has a proud history of innovation and support for Scottish industry and communities. With over 150 retail branches and a network of Financial Solutions Centres, Clydesdale is one of Scotland's largest banks. The Bank is currently expanding its operations into the South of England with its innovative Financial Solutions Centres, offering customers a highly integrated business and private banking service.

Financial Solutions Centres

Clydesdale Bank Financial Solutions Centres (FSC) offer Members a tailored range of business and private banking services under one roof. A team of specialist partners, each with considerable local experience, work together to provide Members with end to end solutions for their business and private banking needs. In addition to banking services, the FSCs also operate as a hub for local business, with a range of networking opportunities and meeting facilities available as a benefit of membership.

Over 70 FSCs are located around the UK and in 2006 represented over half of the National Australia Bank Group’s UK income.

Clydesdale Bank
Financial Solutions Centre
43 Alloway Street
Ayr KA7 1SP
Ayrshire, Scotland

Contact: Willie Mackie, Managing Partner
Tel: 01292 272072
Fax: 01292 280202



* * *

There are currently 676 Ayrshire business stories permanently archived on this site. To locate those of most interest to you, please use the site search facility in the top left hand corner of this page. Type your search term in the white box, then click the magnifying glass symbol.

* * *

Tuesday, 23 March 2010

CKD Galbraith market two outstanding
family homes near Doonfoot Ayrshire

SCOTLAND'S leading independent property consultancy CKD Galbraith’s Ayr office report that the first of two outstanding houses to be built on a fabulous site on the edge of Doonfoot, south of Ayr, has been reserved within days of coming onto the market.

Burton House (CGI illustration above) and Burton Granary are two substantial, high quality homes being constructed by Dawn Developments, who are converting and re-building these imposing buildings to create two wonderful family homes. The properties occupy a superb setting in the lea of the Carrick Hills just south of the town of Ayr, and have panoramic views of Ayr, Arran and the Firth of Clyde.

The original Georgian farmhouse, Burton House is a handsome and classically proportioned property which is being sympathetically restored to a superb and spacious family home. The house comprises 4 reception rooms (one pictured above for illustration purposes only), dining kitchen, 4/5 bedrooms and 4 bathrooms, with the accommodation spread over three floors. The total internal floor area is 292 sq m.

Burton Granary (CGI illustration above and living room below for illustration purposes only), now reserved, has been imaginatively converted from part of the original stone farmhouse, and will comprise a lovely three bedroomed family home of around 166 sq m. Both houses have excellent landscaped gardens and a shared rear courtyard.

The location of the farm just south of Doonfoot is a wonderful area for families. Ayr Beach is within walking distance whilst a local cycling trail goes straight into the heart of Alloway. The town of Ayr itself offers all local amenities and good public and private schooling. There are excellent rail and road connections to Glasgow and beyond.

Burton House is being offered at a Fixed Price of £695,000, to be built to order for completion in around Summer 2010. It is a wonderful opportunity for someone to put their own stamp on an outstanding family home in a sought after location.

For further information: Contact Bob Cherry 01292 268181.

CKD Galbraith’s Ayr office:

CKD Galbraith
7 Killoch Place
Ayr KA7 2EA
Ayrshire, Scotland

Contact: R A Cherry BSc MRICS
Tel: 01292 268181
Fax: 01292 292300


PR-Inside Allmediascotland Flickr

* * *

There are currently 675 Ayrshire business stories permanently archived on this site. To locate those of most interest to you, please use the site search facility in the top left hand corner of this page. Type your search term in the white box, then click the magnifying glass symbol.

* * *

Sunday, 21 March 2010

Elite Ayrshire Business Circle welcomes
leading market analyst Nick Parsons

EMINENT market analyst Nick Parsons returns to Ayr this week to update members of the Elite Ayrshire Business Circle about the current state of the international financial markets, and the Scottish, UK and world economies.

[Pictured at a previous visit to the Elite Ayrshire Business Circle: Nick Parsons (left), South Ayrshire Council Provost Winifred Sloan, and Elite Ayrshire Business Circle executive chairman Norman Geddes.]

Members who were privileged to have been at the Circle meetings previously addressed by Nick Parsons in July 2008 and in March last year will be relishing the opportunity of hearing his no-nonsense, no-holds-barred approach to economic realities once again.

His talk this week will be even more topical than ever, as Chancellor of the Exchequer Alistair Darling will have presented his 2010 Budget the previous day.

Nick Parsons will be speaking at the Elite Ayrshire Business Circle meeting on Thursday 25 March 2010 at 11.30am. The meeting will be held in the boardroom of the Clydesdale Bank Financial Solutions Centre in Alloway Street, Ayr, kindly arranged and hosted by managing partner Willie Mackie. A buffet lunch will be provided.

Elite Ayrshire Business Circle members and guests are all invited, and business people throughout Ayrshire are welcome to attend this open meeting.

Members of the media are also invited to attend and cover the event.

Elite Ayrshire Business Circle executive chairman and Frazer Coogans Solicitors senior partner Norman Geddes said: “We are delighted to welcome Nick Parsons back to Ayrshire, where he has previously met with Ayrshire businesses and shared with them his thoughts on the UK and global economies. We are very keen to keep our members fully informed regarding the wider economic situation, and I am sure Nick will encourage healthy debate once again this week.”

Nick Parsons joined nabCapital (like Clydesdale Bank, part of the National Australia Bank Group) in 2007 as Head of Markets Strategy, based in London.

He has over 25 years experience in Foreign Exchange and Money Markets, having previously held posts as Global Head FX Research, Head of Macro Research and Group Economist.

He is a regular contributor to CNBC, BBC, Sky, and Bloomberg News, and is frequently quoted by major newspapers and news agencies.


Norman Geddes
Executive Chairman
Elite Ayrshire Business Circle

Registered Office
Frazer Coogans Solicitors
Dalblair House
46 Dalblair Road
Ayr KA7 1UQ
Ayrshire, Scotland


Telephone: 01292 281498
Mobile: 07833 667322

* * *

There are currently 674 Ayrshire business stories permanently archived on this site. To locate those of most interest to you, please use the site search facility in the top left hand corner of this page. Type your search term in the white box, then click the magnifying glass symbol.

* * *