News from CRJ Lettings:
Research from the National Housing Federation named Chichester amongst the most expensive places to buy in the country. It cites that at £215,000, the average lower quartile property is some 20 times the local average lower quartile salary (£10,989).
Author: Clive Janes
CRJ Lettings
Chichester
In last week’s article I noted there was a steady rise in Chichester’s property prices in 2015 (average values increased by 3.3%). This was marred somewhat for landlords by the raft of policy changes that were announced by the freshly elected Conservative party.
Many market commentators are expecting a busy few months as landlords rush to buy before April’s stamp duty hike, followed by a lull as landlords stubbornly refuse to pay the extra 3% charge.
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