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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