Festive season expected to drive buyer demand
Summer may have only just ended, but for many that means one thing; it's time to start planning for Christmas. With a recent survey showing half of shoppers have already begun buying presents, we are expecting to see a significant rise in people moving now to be settled by Christmas.
In addition, as the stamp duty holiday draws to a close, buyers will want to make the most of this golden opportunity for significant cash savings. With Christmas on its way, the money saved will no doubt come in handy for presents, decorations and festive food.
Our figures already show a 32% increase in the number of people looking for properties, which is likely to be due to stabilising market conditions and the extended stamp duty holiday. However, there continues to be a lack of supply.
If you are hoping to sell, now is an ideal time to come forward and help meet the increased demand created by buyers hoping to move by Christmas and capitalise on the stamp duty holiday.
Labels: estate agency, estate agent, properties, stamp duty
Property boom to beat tax whammy
With an increase in VAT and stamp duty coming into effect in the New Year, there is likely to be a rush to buy in order to beat the triple tax whammy.
As various hard-won tax concessions are being dropped and higher rates coming back into play, it will inevitably hit people in their pockets at a time when they need it least.
In the new year, buyers of properties under £175,000, who were previously exempt from stamp duty, will have to pay 1% on properties over £125,000 – which will add an extra £1,600 on the price of an average first time property of £160,000.
As more buyers become aware of this, the inevitable consequence will be a rush to buy, fuelling a mini-boom between now and the end of the year. If you are looking to sell your property, now is a perfect time to capitalise on the increasing number of buyers.
Labels: estate agency, estate agent, property auctions, stamp duty, VAT
haart launches new super-branch expansion plan with flagship development in Milton Keynes
At haart we have launched a major expansion programme, starting with the development of a new £500,000 ‘super-branch’ in Milton Keynes, set to be five times bigger than the usual high street branch.
The new cutting-edge super-branch expansion programme will enable us to reach an even wider number of people, with our focus remaining on the excellent customer care for which we have become renowned.
The new branch will serve a 20-mile radius, including Bletchley, Newport Pagnall, Shenley, Stony Stratford and Walnut Tree, and will employ 23 negotiators, nine of whom will specialise in lettings.
This branch is just the first of a series of large-scale haart branches planned for the UK, with discussions already taking place for further super-branches in Leeds, Coventry and Birmingham as part of a £3 million expansion plan.
The company is also a member of the Association of Residential Lettings Agents (ARLA), offering peace of mind to tenants and landlords alike.
Labels: ARLA, estate agency, estate agents, haart, Milton Keynes
