With Spring now upon us the market continues to improve with increasing demand and sales across the group in comparison with the first quarter of 2015. In particularly historically favoured areas and unique property types are attracting interest at peak of the market 2007 levels with increasing instances of multiple offers. This coupled with low and seemingly stable interest rates is creating growing confidence in the market across the region.
Following the Governments recent announcement to increase the Stamp Duty levy upon second homes, local solicitors have reported an unprecedented level of business running up to 31st March 2016 deadline in which purchasers needed to complete to avoid the increased charges. The increased levels of business have also been further exaggerated by the proximity to the financial year end (5th April 2016) with many sellers keen to complete sales before this date in order to take advantage of capital gains tax allowances.
We are pleased to announce the recent opening of our brand new Bessacarr Branch which is located on the busy Bawtry Road within this highly visible location. The opening demonstrates the company’s continued commitment to expansion and is the fourth new Merryweathers branch within South Yorkshire within the last five years.