JONATHAN HARINGTON

HARINGTONS

Category
Property Advisers
Company Size
UK

‘I have seen every market, but never one like 2016 before,’ says Jonathan Harington, who has over 42 years’ experience. The further rise in stamp duty has left the high-end country market in an ‘absolute shambles’, he says: ‘The politicians have frightened the life out of it.’ With a ‘huge amount’ of the business being understanding clients’ psychology, Harington often hears buyers’ (both local and foreign) frustrations with the additional price tag. A Scandinavian purchaser told him the £375,000 tax on a £4 million property in West Sussex was offputting: ‘“Why would I pay it to your exchequer?” he said.’ There has also been a ‘change in the dynamic’ in the way HNWs buy, he says, bearing in mind the portfolio they may already own.

Jonathan Harington
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