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walk-through professional videos are included in the package for all properties.
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Call us for a free valuation now on 0113 393 0113.
From our clients...
Thank you again (and again) you are more efficient than I could ask for.
Alex, Street Lane, Moortown, 11/1/12
Thank you for selling my house so quickly and so efficiently. All the best for the future.
Ann Bresnihan, Gledhow Park Grove, Chapel Allerton
No fuss, what you see is what you get. They just get on with it. Thank you Morfitt Shaw for selling my home.
Julie Hamburg, Talbot Grove, Roundhay
Morfitt Shaw have successfully marketed and sold two separate properties for me in north Leeds. Both sales were achieved at times when the housing market was regarded as being at some stage or other of ‘a slump’ – in September 2008 and August 2010; and both had offers accepted on them within six weeks. I believe the chief reason why this was possible was their pragmatic, realistic advice on pricing (which we took). The second was their ever-growing reputation as being the north Leeds experts. And finally, they are straightforward and trustworthy people to deal with – which is of real value when you are dealing with what is generally regarded as being one of life’s more stressful events!
Michael Leadbeater, Gledhow Wood Grove, Roundhay
I feel that now my house at Foundry Lane has sold, I would like to say that the stress of selling my property was kept to a minimum due to the hard work and commitment both of you put in to this for me. From my initial meeting with Guy, and the deal he offered which was far more attractive than the other estate agents that I had looked at, he had a genuine interest in involving me in the best way to advertise to attract buyers, and what price was realistic. Needless to say it sold very quickly. I was always kept in the loop and informed on what was going on with the sale of my property whether it was good news or bad. I am very grateful for your honesty and your professional attitude, your team are very reliable and excellent communicators. I thank you SO much and wouldn’t hesitate in recommending or using your services again in the future.
Troy Rothery, Foundry Lane, Oakwood
Thank you so much for your excellent support through the purchase of Hawthorn House – we absolutely love it and are so pleased to be in before Christmas! Just wanted to wish you a Merry Christmas and hope that 2011 is a great year for you and your business. All the best!
Jenny O'Callaghan, Regent Street, Chapel Allerton
Please call me to arrange a valuation
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Latest property news:
First-time
buyers must act quickly to avoid Stamp Duty
With only
three months of the Stamp Duty "tax holiday" remaining, first-time
buyers must act quickly to avoid paying Stamp Duty Land Tax on their home
purchase. Once the Government ends the tax exemption, FTBs will face a tax of 3%
on all home purchases over £250,000.
With many
first-time buyers trying to purchase their first home before the tax exemption
deadline, our members will be working closely with those first-time buyers who
are able to purchase before March 2012 to guide them through a difficult and
challenging market place.
Buying
beats renting property in 94% of British towns
High rental
demand, due to the difficulties would-be buyers face in getting financing,
coupled with low mortgage rates has made buying property in Britain more
attractive today than it has ever been in comparison to renting.
Buying now
beats renting in 47 of the 50 largest towns across the country, according to the
latest statistics from property website Zoopla.co.uk.
The figures
show a significant increase on this time last year, when it was better to buy
than rent in only 40 out of the same 50 towns. The continued mortgage drought
and the rising demand for rental properties has led to renting now costing 15%
more on average than buying, up from only 10% more this time last year.
First-time
buyers: Property ladder is a step too far
Data from
saving and investing website, www.InvestorBee.com, which analyses saving habits
from over one million people in the
Of the
people who are saving for a property, 27% of them state that they want to buy
something within the next 12 months, and 29% want to purchase property in one to
two years. No one was willing to wait more than 10 years, even though no region,
on average, can afford to buy before then.
Flatshare
market to hit 2.96m in 2012
An economic
downturn and rising rents will force an additional 105,000 renters into cheaper
flatsharing accommodation in 2012 according to flatshare website
Easyroommate.co.uk.
In 2011, the
flatsharing population reached 2,851,000. Based on the current trends, an even
greater number will rely on shared rental accommodation in 2012, and the
flatsharing population will hit 2,956,000.
Mortgage
approvals hit highest level since December '09
Loans for
home purchases reached their highest number since December 2009 in November
thanks to the loosest mortgage lending conditions seen since the Lehman
collapse, according to the latest Mortgage Monitor from e.surv chartered
surveyors.
Purchase
approvals rose from 52,743 in October to 54,658 in November on a
seasonally-adjusted basis, an increase of 4%, and 15% higher than November 2010.
The increase was
triggered by the loosest lending conditions since October 2007, as the average
deposit fell back to 38% in November, down from 40% in October. By way of
contrast, it was 42% in November 2010. Furthermore, there were more loans to
borrowers with small deposits. Loans to borrowers with a deposit of 15% or under
accounted for 13% of all lending in November, up from 10% in October, and the
highest since October 2008. The
average deposit on typical first time buyer property fell to 31%, the lowest
since August 2008, and down from 33% in October.
Rental
yields rise for landlords
The latest
RICS Residential Lettings Survey reports rising yields on rental properties as a
result of increased tenant demand and rising rents. In the three months to
October, 15% more chartered surveyors reported rental yields rose rather than
fell. This is the seventh consecutive quarter that yields have increased and
reflects the imbalance between rental demand and supply which is continuing to
push rents higher.
Turning to
rental prices, 19% more surveyors reported rents rose rather than fell, but the
pace of growth was more moderate than earlier in the year. Respondents note that
a lack of mortgage finance is the main reason for the large numbers turning to
the rental market. However, fears over the economy are also playing a part, with
renting seen as a safer option than purchasing a property in the current
turbulent economic climate.
Property
‘safe as houses’ for 2012 say two-thirds of home-movers
Rightmove’s
latest Consumer Price Forecast reveals that the majority of prospective
home-movers do not expect house prices to be lower by the end of 2012, despite
the on-going economic gloom at home and abroad. The survey, which polled more
than 25,000 respondents, finds that nearly two-thirds (63%) expect house prices
to be the same or higher 12 months from now, with less than a third (31%)
expecting prices to be lower.
Miles
Shipside, director of Rightmove comments: “The public’s belief in the value
of bricks and mortar seems to defy the deteriorating economic situation. This is
a clear message that the majority of consumers view the property asset class to
be as ‘safe as houses’ in these times of economic uncertainty”.
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Morfitt Shaw Ltd, 80 Street Lane, Leeds, LS8 2AL
Tel : 0113 393 0113 Fax : 0870 220 3169
Big enough to impress, small enough to care.
Morfitt Shaw Limited. Registered in England. Company registration number 4859434.
Registered office 80 Street Lane, Leeds, LS8 2AL
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