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Soaring house price index show market boom goes on

House prices are 7.1 per cent above their level a year ago as the boom continues. The latest house price index, from the Nationwide, says it’s still the stamp duty holiday driving business.…


Budget 2021: 95% mortgage guarantee scheme confirmed

Despite the stamp duty holiday extension stealing the headlines in this afternoon's budget, the other major announcement for the property market was the confirmation of the new mortgage guarantee scheme, set to launch from April.…


Property tax measures revealed by Chancellor Sunak

Chancellor Rishi Sunak says the stamp duty holiday will be extended from March 31 to June 30; "and then, to smooth the transition back to normal, the nil rate threshold will be £250,000 until the end of September." …


stamp duty extension helps another 300,000 deals

Rightmove estimates an additional 300,000 property transactions in England could benefit from the extension to the tax saving, based on previous HMRC data. If the additional 300,000 transactions made it through, buyers could save £1.75 billion in total.…


Where are London's current home selling hotspots?

New research by lettings and estate agent, Benham and Reeves, has revealed which London boroughs are currently ranking as the home selling hotspots of the capital, based on the number of homes listed for sale per square kilometre.…


Government announce an end to rip-off leasehold charges

Fairer, more secure and an end to a life-sentence of misery for 4.5m leaseholders. Some of the biggest reforms to English property law for forty years have been revealed by the government as it vows to end complex leaseholds costs.…


Government says it ‘does not plan to extend’ stamp duty holiday

The government has confirmed that it “does not plan” to extend the temporary relief offered to property buyers via the stamp duty holiday. Estate agents, surveyors and solicitors were among those hoping that the chancellor Rishi Sunak would extend the deadline beyond 31 March to help stimulate the housing market next year.…


Why you should consider buying or selling before Christmas

There are a wide range of influences that can prompt people to buy or sell in the run up to Christmas. With market momentum showing no signs of slowing down, we've pulled together the key reasons to explain what's behind property market activity at this time of the year.…


Shaw & Co Support the NHS

Shaw & Co Estate Agents, ran a campaign this summer to raise money to help the NHS charities, during the COVID pandemic. The campaign ran from 1st June till the 31st August 2020, on all new sales instructions which came through our NHS “help the hero’s” advertising.…


Three and four bedroom homes break price record as buyers fight for space

The latest market analysis from Rightmove has revealed that there are nearly 40% more sales currently going through the buying and selling process compared to this time last year, leading to congestion of sales in progress. Arguably spurred on by lockdown, the trend of up-sizing to a larger home has continued at pace over the past month, leading to record asking prices in the second-stepper sector, made up of three- or four-bedroom homes.…


Properties are twice as likely to sell if priced right first time

Properties are more likely to find a buyer if the initial asking price hasn’t been altered, Rightmove claims. The portal tracked more than 300,000 homes that were first put up for sale between May 13 and July 31 and found that sellers are twice as likely to find a buyer for their home if the asking price it is first listed at does not have to change. …


Stamp duty holiday catapults homes selling within a week to ten-year high

According to newly released data from Rightmove, more sellers are finding a buyer within a week of putting their home up for sale than at any time over the past ten years, a 125% jump on the same period last year and 28% higher than the previous high recorded back in February 2016 before the Brexit vote.…


Five reasons why now is the perfect time to buy a property

"Whether you’re looking to get on the property ladder, move home, buy another property or add to your portfolio, now is a good time to get moving in the current climate as the housing market is particularly buoyant."…


Give first time buyers a break, mortgage lenders tell government

Restrictions introduced a decade ago after the financial crisis are holding back many first time buyers from purchasing a home.That’s the claim from the Intermediary Mortgage Lenders Association, which is calling on the government to consider easing these restrictions in the wake of the Coronavirus crisis. …


A turning point for the market

After seven weeks of suspended animation, the news that the Government has reopened the property market was met with much relief. After two false starts – in Sunday and Monday evening’s ministerial updates – hope was finally restored early on Tuesday evening as it was confirmed that the first wave of lockdown easing would apply to our industry with estate agents permitted to operate once more …


Stamp duty holiday

Voices from across the property industry are calling for a stamp duty holiday to resurrect a market left at death’s door by the coronavirus outbreak.…