Luxury living at Old Coleham Court

Monks are delighted to share that we are working with SY Homes on their latest development of luxury homes in Coleham, Shrewsbury.

Old Coleham Court includes 43 unique, contemporary apartments in a riverside location, including one- and two-bedroom apartments, duplex and penthouses.

Over 50% of released apartments are now sold; the final release will be April 2025.

A stylish and relaxing courtyard for residents sits at the heart of Old Coleham Court.  Residents’ parking is raised above ground level and secure.  Lift access to all floors.

Modern floor plans, original interior design and the highest standard of fixtures and finishes combine to make homes in this development stand apart from any other in Shrewsbury.

Speak to Judy about this fabulous new development:  judy@monks.co.uk

Read next:  New homes  –  Selling your home  –  What makes us, us?

Changes to Stamp Duty Land Tax (SDLT or Stamp Duty) are being introduced from 1st April 2025.

Our team will be happy answer any questions you may have about the new amounts and how this affects your property purchase.  This will impact everyone planning to move, not just first-time buyers.

On all property purchases completed after 31^st March 2025, the temporary thresholds on Stamp Duty implemented in September 2022 will come to an end.  These are the key changes:

• For all movers, the current zero rate threshold is lowering from £250,000 to £125,000.
  • All purchases up to £125,000 will continue to pay 0% SDLT.
  • Stamp Duty of 2% will be payable on purchases between £125,001 to £250,000.  Buyers will pay up to £2,500 more.

• For First Time Buyers, the current zero rate threshold is lowering from £425,000 to £300,000.
  • All First purchases up to £300,000 will continue to pay 0% SDLT.
  • Stamp Duty of 5% will be payable on First Time purchases between £300,001 to £500,000.  First Time Buyers will pay 5p more for every £1 over £300,000, up to £500,000.  For example, a property of £350,000 will pay £2,500 in SDLT.
  • The maximum purchase price on which First-Time Buyers can claim relief is lowering from £625,000 to the previous level of £500,000.

• For Second Home Buyers, a new rate of 7% will be introduced on properties between £125,001 to £250,000.  Second Home buyers will pay up to £8,750 more.

Can I avoid Stamp Duty increases in 2025?

Property purchases must be completed before 1st April 2025 to avoid these changes.  With a timescale of 12-16 weeks for conveyancing, we advise all clients who have not yet agreed a sale to budget for the increased amounts.

What is not changing?

At the upper end of the Stamp Duty table, on properties above £250,000, there are no changes to the SDLT rates:

• £250,001 to £925,000, the rate remains at 5% (10% for Second Homes)
• £925,001 to £1.5 million, the rate remains at 10% (15% for Second Homes)
• Over £1.5 million, the rate remains at 12% (17% for Second Homes).

Please speak to our agents about the new amounts and how this affects your property purchase.

Read next:  New homes  –  Selling your home  –  What makes us, us?

For family-friendly dream homes, ask Monks about the New Home developments in your area.

Monks are Shropshire’s experts in new build homes.  We work with many leading companies including Cornovii Homes, Kendrick Homes and Shrewsbury Homes, as well as smaller site developers.

From dream kitchens and spacious sitting rooms, perfect for playing with the kids and entertaining friends…  to eco-friendly and bill-busting homes with solar panels, heat source pumps and electric vehicle chargers as standard…  whatever your dream home looks like, Monks will help you find it.

  Visit our Facebook page for events happening near you.

Buying a brand new home off plan is such an exciting and fulfilling experience.  Contact your local office in Shrewsbury, Oswestry or Wem or email welcome@monks.co.uk.

Read next:  New homes  –  Selling your home  –  What makes us, us?

Buying a brand-new home is so exciting, but it can feel a little daunting when faced with a plain white interior.  Interior designer Anna Kayiatou explains how she builds up layers of colour, curves and texture to create a home where you want to linger.

Sheepskin rugs, wooden furniture and spiky flower decorations all feature in Anna’s designs for a reason.  “I want people to reach out and touch things”, she explains. “Running a hand along a tactile surface makes us slow down and take in our surroundings.  Engaging our sense of touch triggers surprise and delight, and that’s exactly how a new home should make you feel.”

Anna is adding her designer touch to the four-bedroom Rhyn on Cornovii Homes’ new development at Ifton Green in St Martin’s near Oswestry.  With a spacious lounge, open-plan kitchen and dining room, and four very different bedrooms, Anna advises that each space should feel unique and yet complement your over-arching style.

A scheme of nature-inspired shades and textures unifies Anna’s design.  Creamy fabrics, mango wood furniture and cinnamon-hued accessories create a calming ground floor.

Upstairs the colours and fabrics are darker and richer with nods to the animal world:  peacock-green, charcoal-feathered herons, and cheeky brass monkeys.

Anna likes to introduce curves to soften a room and create movement.  An oval-shaped dining table is great for bringing people together and allowing easy access to the smart patio and garden beyond.  “This table is one of our best sellers!” smiles Anna, referring to her shop in Shrewsbury, Dutch Living, which sells furniture and accessories sourced from Holland, Belgium and Denmark.

Cornovii Homes have created a welcoming Show Home where you can relax and plan your next move.  To book your viewing, email Judy or call 01743 361422.

Read next:  Ifton Green, by Cornovii Homes  –  New homes  –  Oswestry