Chichester Estate Agent Celebrates Record Number of Houses to Rent

Our team’s hard work on some excellent houses to rent in Chichester has finally paid off. Hancock Lettings and Estate Agents celebrated a record number of properties rented recently in the area. To mark the occasion, the team headed to the Goodwood Estate near Chichester for an unforgettable outing. The Goodwood Estate is a famed spot for horseracing, motor racing, golf and appreciating works of art found on the property. Excellent Houses to Rent in Chichester The Goodwood Racecourse is a horseracing track owned by the family of the Duke of Richmond. Goodwood achieved its current status late in the 18th century when it became the location for the first flag start of a British racecourse under the order of Lord George Bentinck. Now, it hosts the annual Glorious Goodwood meeting, one of the highlights of the British flat racing calendar.
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Hancock and Partners’ Property Management Team on Smoke Alarm Campaign

According to Alarms4Life, people are four times more likely to die in house fires if they don’t have smoke alarms in place. Carbon monoxide poisoning is also a major threat since it kills an estimated 30-50 people each year in the UK. To reduce the risks and possible casualties due to these hazards, new safety laws have been implemented since the first of October 2015. Landlords are now required to fit their properties with smoke alarms on every floor and carbon monoxide alarms in properties, which have solid fuel. To do our part, Hancock and Partners’ property management team ran a promotion to offer all landlords in Chichester free installation of alarms during October. Prior to the implementation of the new safety laws, approximately 50 per cent of all properties managed by Hancock and Partners had already been fitted with smoke alarms. Once the new legislation was announced, our property management team in Chichester quickly took action.
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House Sales Booming in Boxgrove for Hancock Lettings and Estate Agents

Over the course of recent weeks, Hancock Lettings and Estate Agents based in Chichester has been enjoying booming sales in neighbouring village Boxgrove. Hancock and Partners has only recently sold several properties in the Boxgrove area. Aside from the skills of our agents, one possible reason for this is the village’s appeal to buyers. Boxgrove is a historic Downland village located just 3 miles outside Chichester, near the city centre and the A27. This makes Boxgrove a convenient place to live and buy property. Boxgrove is known throughout West Sussex for its famous Boxgrove Priory, a 12th century abbey founded as a cell of Lessay Abbey in France. The old church was dedicated to St Mary and St Blaise. Boxgrove Priory is a famed historical site for having been a place of worship for the villagers for over 900 years.
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Up to Eleven Buyers Chasing After Each Property for Sale in Chichester

The UK housing market appears to be hitting crunch time yet again. Although planning permission for 240,000 new homes was granted in 2014, the number of completed builds has fallen far short of that in recent years. The Property Shortage is Increasing According to the National Association of Estate Agents, “the situation has reached crisis point,” with first time buyers again losing out in a competitive market. Areas like West Sussex seem to bear this out, where 11 prospective buyers are chasing each property for sale in Chichester, attracting an average of 7.5 viewers per sale. There is obviously a big shortage of available properties, an average of just 38 properties are registered for sale with estate agents nationwide. The property shortage has been compounded by an increasing confidence in the UK economy, tempting more first time buyers, and people wishing to change properties.
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More First Time Buyers Favour Semi-detached Houses for Sale over Flats

With UK property prices again on the increase, buying a first home is as difficult as it has ever been. With an industry based on supply and demand, fewer available properties and increasing numbers wanting to buy them, has fuelled a big increase in average house and flat prices. However, while one section chooses to downsize to release equity, moving from house to apartment, first time buyers are going the other way, bypassing flats and looking at greater numbers of semi-detached houses. A Growing Trend Flat buying has for years been the way many young couples have got a foot on the property ladder. Now, according to a Halifax Building Society survey, with flat prices having increased an average 60% over the last ten years, compared to all other residential property increasing by 38%, something with a garden is becoming an increasingly attractive prospect.
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Chichester Letting Agents Report Buy to Let Boom in Today’s Market

Amid the rise in house prices around the U.K., more people are purchasing buy to let properties as an investment. With many more traditional investments currently offering poor returns, the rental market can be a stable and reliable source of income. Surge in Buy to Let Investments In London and the South East of England, including Surrey and Sussex, high housing prices coupled with a scarcity of housing have helped to create a buy to let boom. Letting agents across Britain report a surge in buy to let investments on houses and flats. Buyers looking to make the move from renting to ownership can face difficulties finding a suitable and affordable home. In 2015, 15 per cent of mortgages have been taken out by buy to let purchasers, giving rise to concerns about the availability of property for buyers who simply want somewhere to live.
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Now Is the Best Time to List Your Property for Sale in Chichester

If you’re looking for the perfect time to sell your home, now is perhaps the best time to do so. Several trends in the property market, including the increase in the national house price growth and the decrease in the number of homes for sale, make now the perfect time for home sellers everywhere.
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Minimum or Maximum Exposure for Houses for Sale? Experts Weigh In

Gone were the days when you can simply stick a “For Sale” sign on your front lawn and consider your home ready for sale. With more marketing and advertising outlets perpetually evolving, be it through the Internet or through social media, you now have more choices at hand in marketing your home and attracting prospective buyers. The way you market your home will also have an impact on its final sale price, so discuss your marketing plan with an estate agent with other houses for sale in your area. Most agents will tell you that maximum exposure is the best way to sell your home as soon as possible, while some regard minimum exposure as the more effective tactic. It almost always depends on the type of house for sale. To help you determine which of the two strategies you should use, estate agent expert, Jonny Crow of Hancock and Partners, explains the benefits of each.
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Chichester Estate Agents Help You Profit from Your Bosham Home Sale

Chichester and its surrounding areas boast many beautiful villages but few are as picturesque and sought after as Bosham. A lovely village sitting on a peninsula at the northern end of Chichester harbour, it’s one of the oldest in Sussex with a history dating back to Roman times, and even rumoured to have been the site of King Canute’s ill fated attempt to hold back the tide! Bosham even merits a mention in the Bayeux Tapestry. Nowadays, there are no royals hanging about, but the village has never been more popular, as is reflected in the price premium it commands over the surrounding areas. Bosham recently set a new price record for the area with £1000 per square foot being achieved for the first time compared with similar properties in Chichester city centre which average between £400 and £500 per square foot.
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No Worries: Let Top Estate Agents Manage Your Chichester Property

It’s been noted by a study that many English landlords dislike having to deal with their tenants. According to an online study reported by Propertywire, over 85 percent of landlords don’t want to deal directly with their tenants, while 90 percent find it unpleasant for their tenants to e-mail or call them. This doesn’t mean that they aren’t good landlords; they’re still happy to pay for repairs and the like. They just don’t want to deal with their tenants and it causes them stress. This is particularly true if the landlord has a full time job. In fact, landlords often find managing their properties more stressful than their normal job! Fortunately, estate agents are there to help out; they can manage your property for you and handle the relationship with tenants, especially if they are skilled in property management.
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New Landlords with Houses to Rent get Free Smoke Alarms in October

New landlord instructions with Hancock and Partners for houses to rent in Chichester get free smoke and carbon monoxide alarms starting 1st October. Ensure the safety of your tenants! New legislation has been put in place that ensures tenants of any houses to rent in Chichester are made safe from the threat of fire and carbon monoxide inhalation. The main goal is to have smoke and carbon monoxide detectors installed in all rented properties so that tenants may have sufficient warning of any danger, either from fire or accumulating carbon monoxide.
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Chichester Letting Agents Focus on “Preventative” Property Management

According to LandlordZone, an online journal that provides information on managing investment properties, landlords are losing £9.9 billion in arrears and damage annually. One in five landlords in the U.K. even fear that they will be out of business within 12 months. Naturally, if a property shows signs of damage, it does not attract tenants that would look after the landlord’s investment, thus racking up the cost of maintenance. Letting agents in Chichester now advise landlords to shift their focus to a preventative property management approach.
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Sign Up for Property Management in Chichester and Get a Free Gift Card

All new landlords signing up for our property management services from tenant introduction to full property management will receive a John Lewis Partnership Card worth £100! Your Chichester property is in good hands. Go and treat yourself! It’s definitely hard to manage a property on your own, since you’ll have to juggle maintaining its condition with keeping your tenants happy. Given all your hard work with getting your property ready for letting, you deserve to be rewarded. So, if you choose to entrust your property management needs to Hancock Lettings and Estate Agents, we will give you a free gift. Sign up for our property management services from tenant introduction to full management between September 1st and November 30th and you’ll receive a John Lewis Partnership Gift Card worth £100! You can use these cards in any John Lewis or Waitrose store or for online purchases.
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Any House for Sale Worth Up to £1m can soon be Handed Down without Inheritance Tax

Various houses for sale in and around Chichester and other neighbourhoods fetch varying prices, though a certain looming policy change looks to cater to a specific price-tied home buyer demographic. This change involves the increase of the inheritance tax (IHT) threshold to £500,000 per person, as announced by Chancellor George Osborne. This will soon allow owners of homes worth up to £1m to pass on their properties to their heirs without paying IHT at all, starting from April 2020. The announcement came on the heels of the initial plans revealed in the early days of July, when Chancellor Osborne was expected to raise the IHT threshold to £1m starting in 2017. In an interview with the BBC, Chancellor Osborne stated that the decision to remove family homes worth at least £1m from IHT alludes to the “basic human instinct to provide for children”.
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Estate Agents in Chichester: Budget Reform Basics for Buy-to-Let

In the bid to help first-time homebuyers, Chancellor George Osborne slashed the tax relief landlords receive from mortgage payments, severely affecting the rental home market. According to the Telegraph, the budget reform will reduce tax relief from either 40% or 45% to 20% by April 2020. Despite having good intentions, this policy will cause serious damage in the buy-to-let business, particularly for homeowners seeking income support through their properties while they work somewhere else. An article from the Property Industry Eye states that there are a lot of properties in major U.K. cities that are currently being let while owners temporarily live in other areas for their careers. These “accidental landlords” use the earnings from the property let to pay for the expenses in their temporary homes.
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Hancock and Partners Busy Looking for Property for Sale in Birdham, Chichester

Just last month, we at the Hancock and Partners team have sold another property: a detached house in St. James Close, Birdham. This family home is one of nine houses built in the late 1960s on the original site of The Rectory to St. James Church. When we put this up for sale, the sales department received a deluge of interest. There were so many viewers and interested purchasers. Well, we can only sell it to one buyer, so many people missed out on the property. They shouldn’t fret, however. Hancock Lettings & Estate Agents has begun seeking other equally fantastic properties for sale in Chichester and the neighbouring areas, specifically for those still looking at the Birdham area after the sale of the St. James Close house described above.
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St. Agnes and Roman Quarter Present Great Houses to Rent in Chichester

Here at Hancock Lettings and Estate Agents, we also help people find ideal houses to rent in Chichester. In this update, we’ll talk about why we chose to include the St. Agnes Place and Roman Quarter locations in our portfolio. Chichester offers a lot in terms of history and culture, having some of Britain’s oldest churches and buildings. Theatres, museums, and art galleries abound, where music and arts events are held every year. The city is also a transport hub—main roads connect it to Britain’s major locations and its railway station provides regular services to and from key places in Britain. With all these, the cathedral city has a thriving tourism industry, which also opens up other opportunities that attract many young professionals.
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Chichester Letting Agents Urge Homeowners Moving House to Rent Out Property

Since the general election, the lettings market in Chichester has been highly mobile. However, letting agents report that there’s a shortage of new instructions to meet the current upsurge in demand, thus, prompting an increase in the rental prices. Nationwide, this imbalance has remained unchanged for the past couple of years, but the increase in prices as a result of continuous demand threatens to place housing beyond the reach of younger home seekers who are facing an affordability crisis. The rental housing sector is clearly under pressure. Considering that a significant percentage of our population rent rather than own, increasing supply of new instructions is becoming more and more crucial. It’s especially important for the younger and more mobile workforce that drives our economy’s productivity.
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Location is Still King: Even with Premium Prices, Buyers Undeterred

Who wouldn’t want to live in an idyllic place, such as in one of Britain’s thirteen national parks, in a location named as one of the country’s forty-six areas of outstanding natural beauty (AONBs)? Who wouldn’t want to wake up every day to stunning views and the tranquil sounds of the countryside? Can you imagine having your morning coffee while gazing out at the sun just rising up from wooded hills—and winding up for the day with a glass of wine watching the sun setting on an unlimited view of the sea? Among the specific regions where you could enjoy these ideal locations are in the South Downs National Park and the Chichester AONB. However, as market dictates, the luxury of stunning views comes at a premium, with such homes costing far more than outside those regions. There’s also a natural lack of supply of these prime homes because of the areas’ development restrictions.
http://www.hancockandpartners.co.uk/latest-news/location-is-still-king-even-with-premium-prices-buyers-undeterred/

Estate Agents in Chichester: Positive Market from Post-Election Bounce

Interested home buyers should start searching now, as property supply is at its lowest amid increase in demand, according to a recent Telegraph report. In the article, the Royal Institution of Chartered Surveyors (RICS) warned of a severe shortage of homes for sale due to Britain’s ageing home owners moving less frequently. RICS also predicted that house prices will further rise in the next five years as a result. Supplies are at its lowest Currently, numbers of homes for sale are at their lowest since market statistics were first recorded back in 1978. As the supply shortens, the demand reportedly continues to increase mainly due to recent Government policies like the “Help to Buy” scheme. RICS also correctly predicted that prices would surge after the May election.
http://www.hancockandpartners.co.uk/latest-news/estate-agents-in-chichester-positive-market-from-post-election-bounce/

Securing Property for Sale in Chichester Areas such as Summersdale

We at Hancock always aim to be a reliable estate agency that people can turn to when they are looking for a property for sale in Chichester, and our performance reflects how greatly we achieve this goal. For this update, we’ll focus on the neighbourhood of Summersdale, one of the most desirable residential areas of Chichester. Summersdale is about half a mile to the north of the city centre giving its residents easy access to the city. Reaching the city only takes a couple of minutes driving or about 10 minutes walking. Commuting isn’t a problem either with the frequent bus service. This kind of proximity to the city centre would usually mean that the bustle of the daily life in the city compromises the peace and quiet of an area. Fortunately, this is not the case in Summersdale and that largely contributes to the charm of the neighbourhood.
http://www.hancockandpartners.co.uk/latest-news/securing-property-for-sale-in-chichester-areas-such-as-summersdale/

Providing Outstanding Houses to Rent through Team Dynamics and Useful Tools

In this update, we’ll take a closer look at how we present our clients with the best options for houses to rent in Chichester. To do that, we’ll feature some of our team members, reviewing how they perform their different roles in coordination with each other, and the tools they use to provide satisfaction to both tenants and landlords. Firstly, we have Associate Partner Samantha Flint who kicks off the process by using her in-depth knowledge of the local rental property market. Sam’s keen insight helps landlords set realistic expectations on what they can achieve in rent and the rates tenants are willing to pay. This serves as a great foundation for the whole process.
http://www.hancockandpartners.co.uk/latest-news/providing-outstanding-houses-to-rent-through-team-dynamics-and-useful-tools/

Chichester Estate Agent and Property Management Company Implements New Jupix Software

Hancock Lettings and Estate Agents, the esteemed estate agent and property management company based in Chichester, implements the latest Jupix software in order to provide a more responsive and efficient service to landlords, vendors, and tenants. Jupix is an integrated, high performance property management software that gives agents access to real-time information wherever they are. Hancock Lettings and Estate Agents has invested in this quality software to enhance their property management services. With a single click of a button, we can create brochures and market landlord’s property portfolios with ease, greater efficiency, and faster return on investment for the clients. The software also allows us to quickly create, renew and update tenancy agreements to maximise occupancy rates. It also features an integrated referencing system that enables us to screen potential tenants more effectively and find the right match for any desirable property in Chichester.
http://www.hancockandpartners.co.uk/latest-news/chichester-estate-agent-and-property-management-company-implements-new-jupix-software/

Work with Our Letting Agents and Get Free Property Management Services

Licensed letting agents operating around locations like Chichester have been valuable allies to landlords for a long time. They’ve helped numerous clients acquire profound knowledge of property law, as well as skills in various assets of property marketing and management—two tasks that can easily prove challenging if done simultaneously. If such responsibilities are stressing you out as a landlord, Hancock Lettings and Estate Agents offers the services of its skilled and experienced letting agents. Approach our agents any time until 31st December 2015 and qualify for a special promotion.
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