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January Market Comment

The media would have us believe that the property market is nursing a New Year’s party hangover. Certainly the issues that influenced the market during 2018 remain, such as Brexit-related confusion, lack of supply and affordability problems for first time buyers. And...

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The Accountable Manager

One of the attractions of property as an investment is that it apparently “looks after itself”. In an ideal world, the tenant pays the rent, the rent covers the mortgage, and you the landlord need not be especially involved apart from banking the difference. If only...

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Working from Home

The average person spends about 15,000 hours commuting between home and office during their lifetime! As a consequence, over 7% (2 million) of the working population are estimated to work from home at least one day a week, thereby reducing wasted time, stress, and...

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Beware of the sub-let

An unfair quirk in the law can leave landlords substantially out of pocket, as highlighted by the recent case of Cheryl Roux, the former wife of Michelin star chef Albert Roux. A bogus tenant, introduced by a fake London letting agency, rented Mrs Roux’s £5m...

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Dining Room

The trend away from formal entertaining has accelerated in all but the highest echelons of society. Yet most older homes were built to a style that demands that we eat away from the utilitarian kitchen. So what happens now? Tremendous advances in kitchen design means...

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Block Management Instructions

December is off to a great start for our Block Management department, with the addition of three new buildings to manage! In the last week we have taken over the management of Wallington Towers which is a block of 28 flats in Bexhill. They have recently acquired the...

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December Market Report

As we approach the end of the year we find ourselves in politically turbulent times, with the Brexit debate continuing to undermine confidence, but only slightly. Certainly there are some scary concepts being tabled, not least the Governor of the Bank of England...

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Regulation Overload

A residential buy-to-let property investment has long been regarded as a tax efficient and lucrative method of wealth creation. Anyone who was credit-worthy and had a reasonable deposit could become a landlord. Simple. But things have changed. While property remains...

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Solicitors and Solicitors

The system of property transfer in this country is relatively archaic when compared to those of most other countries. The variety of age and tenure of UK property forms a complex framework on which sit further complications such as easements, rights of way,...

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Real Agents Get More

It’s official – what we’ve suspected all along – a “traditional” estate agent gets sellers more in their pocket than the internet-only alternative. They also secure more viewings and offers! According to research by The Advisory - an independent consumer advice group...

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Christmas Opening Hours 2018

Seasons Greetings from all of us at Oakfield Estates Agents To report ALL maintenance please click on the appropriate link LETTINGS BLOCK MANAGEMENT In the event of an out of hours emergency please call 07887592557. Our opening hours for the Christmas period will be:-...

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BTL Lending Update

Despite turbulence caused by increased taxation and regulation, confidence in the Buy-to-Let sector is being shown by the banks as the number of BTL mortgage products available exceeds 2000 for the first time ever* (Source Moneyfacts). Just two years ago it stood at...

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New Year Sale

As the Christmas holiday season is nearly upon us, many people will start to think about the prospect of moving house early next year. However, as the evenings will still be dark, and the garden remains rather sad, there is usually the feeling that it would probably...

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An Investor’s Dream Market?

With a shortage of new homes being built and interest rates remaining at historically low levels, there has perhaps never been a better time to invest in a property with a view to letting it out. The market opportunity is huge. Mortgages are increasingly hard to...

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Top Autumn Tips

With the clocks having gone back we definitely know that Summer is over, and Winter is on its way.  There are a number of property jobs to bear in mind at this time of year, whether you are marketing a vacant property, managing a rental property, or visiting tenants...

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October Market Comment

From a property perspective, it would appear that the latest budget will not be enough to light November’s fireworks. Nevertheless, overall, it did hint at a surprisingly stable economy, with improved growth prospects and an apparent end to the tighter austerity...

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ARMA Conference 2018

Richard Snatt and Carol Sowter from Oakfield’s Block Management team attended the Annual ARMA Conference in Central London on Thursday 18th October representing Oakfield at the event. The Park Plaza Westminster Bridge Hotel put on a fantastic event along with ARMA...

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Clutter Costs!

In the current market, if you are to maximise your price, it is more important than ever to ensure that your property is a highly saleable proposition, rather than one that makes another house look good by comparison. Of course, there are several basics that should be...

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The Accountable Manager

One of the attractions of property as an investment is that it apparently “looks after itself”. In an ideal world, the tenant pays the rent, the rent covers the mortgage, and you the landlord need not be especially involved apart from banking the difference. If only...

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The Courteous Buyer

Most people move house rarely and often have little idea of the etiquette required if the stress of moving is to be minimised. Our job as progressive estate agents is to help buyers and sellers minimise this stress by seeing the world through their eyes and advising...

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Top 10 issues affecting residential landlords – Part 2

Safety requirements Landlords should ensure that the property meets all current safety regulations including Gas, Electrical and Fire and all privately rented properties must have a working smoke alarm on each floor, with carbon monoxide alarms in any rooms that are...

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September 2018 Market Report

If anyone thinks that the confusing political shenanigans of the past few weeks have destabilised the property market, they’d be wrong. If anything, we are seeing more “lubrication” in the market, as sellers realise they’d be foolish to hang on for an overly ambitious...

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Section 21 Changes

In 2015 the Government brought in the Deregulation Act which took effect from 1st October 2015. In brief the Deregulation Act of 2015 brought in the following changes to the lettings industry; New rules to protect Tenants from retaliatory evictions The removal of the...

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