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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