Ex­cit­ing year ahead with strong mar­ket and TV ad set to air


Harefield Gazette - - UXBRIDGE PROPERTY -

FOL­LOW­ING the Chan­cel­lor’s au­tumn state­ment in early De­cem­ber, stamp duty rules on prop­erty have changed. The Chan­cel­lor said that the cur­rent sys­tem would be re­placed by a grad­u­ated rate, work­ing in a sim­i­lar way to in­come tax.

The new stamp duty rates will only ap­ply to the part of the prop­erty price that falls within that band. Peo­ple in the process of pur­chas­ing a home could choose which regime to op­er­ate un­der, said the Chan­cel­lor.

“As a re­sult stamp duty will be cut for the 98% of home­buy­ers who pay it.” Other mea­sures in­clude: No tax on the first £125,000 paid 2% on the por­tion up to £250,000 5% up to £925,000 10% up to £1.5 mil­lion 12% on ev­ery­thing above that. Kevin Hollinrake, man­ag­ing di­rec­tor of Hunters Es­tate Agents, with more than 125 branches na­tion­wide, said:

“We have al­ready had deals se­cured as a re­sult of this change. In our opin­ion, this is great news. For too long, stamp duty has dis­torted the mar­ket de­ter­ring sell­ers from mar­ket­ing their homes and buy­ers from buy­ing them in the dead zones above the key thresh­olds such as £250,000 and £500,000.

“This should mean more prop­erty com­ing onto the mar­ket, and there­fore, more sales which is good for the hous­ing mar­ket and the econ­omy as a whole.”

Craig An­der­son, part­ner of Hunters Es­tate Agency Hayes and Hilling­don of­fices, said: “It has been an ex­tremely busy year for Hunters, the group as a whole has grown from strength to strength with many new branch open­ings through­out the coun­try with many more sched­uled to follow.

“We fin­ished the year with re­newed in­ter­est in the prop­erty mar­ket thanks to the new stamp duty rules and the con­tin­ued re­gen­er­a­tion pro­gramme in cen­tral Hayes. With many ex­cit­ing things up and com­ing in the lo­cal area such as new hous­ing and re­tail de­vel­op­ments, Cross­rail ap­proach­ing in 2018/19, the road open­ing of Cold­har­bour Lane, in­ter­est in the prop­erty mar­ket in this area is in­cred­i­bly high. We are find­ing many buy­ers from out of the area now show­ing an in­ter­est with many look­ing to gain a foothold on the prop­erty lad­der be­fore th­ese changes take ef­fect.

“On a new and ex­cit­ing note, Hunters will be branch­ing into a whole new league of ad­ver­tis­ing for 2015 as we embrace our new strapline ‘Here to You There’ and our very own com­mer­cial goes live on na­tional TV from mid Jan­uary! So the whole coun­try will re­ally be aware of the Hunters brand name.

“With all this in mind we look for­ward to con­tin­ued suc­cess through­out 2015 and hope that you will

Get join us and be­come part of it”.

If you want to be part of the Hunters suc­cess and are think­ing of sell­ing or let­ting your home, we have some spe­cial new year rates on of­fer so please call ei­ther the Hayes Of­fice on 0208 848 0978 or the Hilling­don Of­fice on 01895 235796.

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