haart in Lincoln has reached a significant milestone with 1,000 Google reviews. The residential sales and lettings teams have maintained consistently high standards over the years, achieving an impressive average rating of 4.7 stars out of 5 from their customers. The team have strived for these high standards because they understand that the reviews can affect a number of facto ...
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haart’s Season Greetings 2022
The festive period is truly underway at haart and we can’t wait for Christmas Day!
We just wanted to take the time and say thank you very much for your help during 2022, and we hope to continue supporting you in 2023.
Stamp Duty: What has changed?
On the 23rd September 2022, Chancellor Kwasi Kwarteng announced cuts to stamp duty in the government’s mini-budget, by increasing the amount at which buyers in England and Northern Ireland will begin paying duty from £125,000 to £250,000. For first-time buyers, this threshold is now £425,000 and discounted stamp duty will apply up to £625,000.
A round-up of data from across the property market
Rents continue to rise, but are residential sales set to cool? Here’s a summary of what some experts from across the market are saying. RICS members have reported supply and demand imbalances continue to fuel house price growth, claiming: “A widening disparity between demand and supply within the market, with the flow of new listings deteriorating over the month while buyer enq ...
Private Rented Sector - A settled summer?
We’re hoping for a settled summer. No significant changes to legislation will occur over the next couple of months as the House of Commons is due to go into recess on the 22nd of July. However, when the House returns in September, we’re expecting to see the consultation results into the abolition of Section 21 notices. MPs must listen to those responses; it’s those on the front ...
Why Rent and Legal Protection should be your New Year’s resolution
If 2020 has taught us anything, it is that we should prepare for the unexpected, and protect against everything – even those risks which appear to be particularly unlikely. At the start of last year, we all took very normal things for granted. Our children attended school. We went shopping. Going out for a meal was normal. We met friends. We travelled on trains and tubes. We p ...
A quiet start to the year? We’ve had a reshuffle, yet another new Housing Minister and some stormy weather
Finally, winter is about to make way for spring - welcome news for those of us who prefer the warmer seasons. But it’s at this time of year that we can expect to see a significant weather event - and we’ve already had two! The first storm earlier this month – although brief - was responsible for uprooting trees, caused widespread flooding, and left thousands of households with ...
Confidence, asking prices and activity are all on the rise
Looking across the market - the industry bodies, trade groups and many property price indices are sharing their views about what’s happening to property price, rents and sentiment. Confidence indicators It seems that how the market is talked up - or down – can either provide self-perpetuating confidence… or stifle the market. Right now, the market is buoyant, and the headlines ...
Rent Controls: Explained
In the latest in our series of blogs, we ask “Would rent controls be a good, or a bad thing?” If some opinions in the market are to be believed, landlords are raising rents beyond reasonable expectation, whenever they like - which is why Rent Controls appear to be a policy the Labour party may adopt into a future manifesto. However, whilst the policy could appear to be in sup ...
Thinking of expanding your portfolio? We've assessed your options
Thinking of expanding your portfolio? We've assessed your options
Tenant demand increase, as supply of rented homes falls
The most recent data released this month shows that rents across the UK have risen by 2.3% versus the same time last year; this is up from 1.8% in June. Meanwhile, our own data from June revealed that there has been a staggering 23% surge in the number of tenants looking to rent compared to the same time last year, however this is not being matched by supply - which is down 19% ...
With two new Housing Ministers and a new PM: What is in store for the Private Rented Sector
As the summer defined by record-breaking heatwaves being followed by torrential rain and storms starts to draw to a close, we hope the autumn weather will be a little more predictable. However, it is just a matter of days until Boris Johnson’s brand-new Government returns to Westminster, and speculation is mounting about just what may happen between in the 59 days between the 3 ...
As the UK welcomes a new Prime Minister into Number 10 - what changes can we expect to see for the Private Rented Sector?
After a lengthy leadership battle, we finally have a new Prime Minister installed at No.10 Downing St as Theresa May passed the baton as Leader onto former Foreign Secretary Boris Johnson. Mr Johnson made a number of bold promises during his campaign, including a pledge to reduce the levels of stamp duty payable – and there is speculation he may go even further by switching the ...
Rents continue to rise whilst property prices continue to slow
The average rent in the UK is now £941 per month, up by 1.8% (£17) versus the same time last year The region with the largest year-on-year increase is Northern Ireland, showing a 4.7% (£30) increase on the same time last year When London is excluded, the average rent in the UK is now £781 per month, this is up by 1.8% (£14) on last year Average rents in London are now £1,611, u ...