Post lockdown residential sales are flourishing at law firm Hewitsons, where two lawyers have recently been promoted.
Karen Luxton-Walsh and Bradley Armorgie have both moved up the ladder at Hewitsons, where one property recently achieved a sale of £200,000 over the asking price.
Booming transactions at Hewitsons can be put down to several factors, according to Clare Martin, partner and head of the residential property team at the firm.
She credits transactions on several things: the government’s announcement of the relaxation of stamp duty on properties over £500,000; Covid clauses set up to protect the existing chains during the pandemic; state-of-the-art IT at the firm, which help make buying and selling a property quick and easy; and the excellent reputation of the residential property team, which is well-networked and well-known in the city.
Clare said: “Property sales ground to a halt during lockdown, for obvious reasons. But thanks to news regarding stamp duty and Covid clauses put in place to protect existing chains, we have seen a sudden jolt in activity – with sellers who have had properties on the market for often up to a year with no movement now achieving sales considerably over the asking price.
“Significant investment in IT in the past year has meant that our excellent team at Hewitsons has been able to deliver outstanding client service whilst working from home – working seamlessly.”
Hewitsons has offices in Cambridge, Northampton, Milton Keynes and London.