Property searches ‘down to 12 days’ in Harrogate district
by
Mar 4, 2021

Home buyers in the Harrogate district have been given a second reason for optimism after the extension to the stamp duty holiday announced this week.

After months of complaints that its search process was taking too long, Harrogate Borough Council last night said it has reduced the average waiting time to just 12 days.

It is down from seven weeks, which buyers and estate agents said was causing significant delays to their purchases. However, at Wednesday night’s full council meeting, cabinet member for planning Cllr Tim Myatt said:

“As of Friday, we had 146 live searches in our system. In a normal situation, we would expect to have approximately 200 searches in the system at any point, therefore we no longer really have a backlog to speak of…

“We have trained additional council staff on the necessary process to complete searches and we have also contracted additional resource externally so the team are confident that they continue their positive performance.

“The team have worked very hard to overcome the challenge posed by the influx in search requests last year and I know the team are grateful for the support from members across the entire council.”

Cllr Myatt said simple searches requiring only information from HBC were taking an average of four days. For more complex searches needing information from North Yorkshire County Council, it was taking around 16 days, giving an average of 12 days.

In response, Cllr Samantha Mearns, who represents Knaresborough Scriven Park for the Conservatives and had asked for the update, said:

“We’re very grateful to the team for getting on with that, because clearly it has caused our residents some concern. It’s fantastic that you have got that under control. It’s just a shame North Yorkshire are slowing your average down.”


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News of the extension to the stamp duty holiday in the Budget this week has been welcomed by local estate agents. Chancellor Rishi Sunak announced that the end of the scheme for homes up to £500,000 would be moved from March 31 to June 30, followed by a tapering down to £250,000 until the end of September.

Tim Waring, head of residential at Lister Haigh, said it was a “welcome move”. He said:

“This will at least in part avoid the “cliff edge” scenario that has created so much pressure on the residential market in recent months. Help for those wanting to get on the property ladder, as opposed to renting, is another welcome move, all of which should stimulate the market during the remainder of 2021 as the lockdown restrictions gradually come to an end.”

Nick Simpson, co-founder and managing director of Linley & Simpson, added:

“The property industry was badly hit during the first national covid-19 lockdown, and the stamp duty holiday which Mr Sunak announced last June was a welcome shot-in-the-arm.

“It is clear that he has listened to the concerns of the residential property industry, and the stamp duty holiday extension, plus 95%, will particularly benefit first-time buyers and those looking to move in the next few weeks.”

The property market in the Harrogate district was extremely busy in the autumn following the introduction of the stamp duty holiday, but prospective buyers told the Stray Ferret they were concerned delays with searches would prevent them completing in time to avoid a major tax bill.

Mr Waring said estate agents will now wait to see the impact of the news on reduced search turn-around times so local buyers to take advantage of the scheme’s extension. He added:

“The stamp duty extension might relieve pressure in the short term, but it must be remembered sales have to complete, not just exchange, by the end of June to qualify. That is only three and half months away so if local search turnaround timescales don’t improve quickly, the number of homebuyers able to benefit from the extension may not anywhere near what the Chancellor might have expected.”