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December 2017 Market Report

2018 turned out to be a politically turbulent year, but a somewhat lacklustre one for the property market, once again demonstrating the resilience of the British when it comes to home ownership. Indeed, the latest report from LSL revealed that average house prices...

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Showing Buyers Around – Part Two

Some people feel that houses should be able to “sell themselves” and do not need to be “shown” by estate agents. Whilst this may be true of certain exceptional homes, or where achieving the optimum price is not an issue, most properties require the skills of a...

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Removal Planning

Despite the effort that goes into preparing a property for sale, many people overlook the impact of good removal planning, and often leave the packing to the last moment. Here are a few suggestions that we hope will help you avoid some of the anxieties many people...

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Deciding on Price (Part Two)

Establishing an accurate asking price that will optimise your chances of selling at the highest likely price within a reasonable timescale is both an art and a science, particularly during a time when buyers are especially price sensitive. Estate agents’ valuations...

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Market Comment – November 2017

This November has seen both an increase in interest rates and the abolition of SDLT (Stamp Duty) for first time buyers up to £300,000. Certainly the nominal 0.25% interest rate increase is unlikely to cause most homebuyers a problem. However, this first rate rise in a...

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Deciding On Price (Part One)

Whatever anyone might say about location, condition, proximity to schools, size, etc., it is the price at which a property is initially marketed that is the key to a successful sale. But emotions often cloud good judgement. The chance to secure a high price can prompt...

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Budget Comment – SDLT removal is good news for sellers!

Philip Hammond, Chancellor of the Exchequer has announced the removal of SDLT (Stamp Duty) on all sales to first time buyers under £300,000 in his autumn statement. This is clearly great news for first time buyers, especially those paying the full £300,000, who pocket...

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Christmas Opening Hours

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...

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Is A “For Sale” Board Really Necessary?

Clients often ask us if a board will significantly improve their chances of selling, especially as the majority of (but not all) buyers source property online. Some sellers feel that a board risks “overexposure”, or they don’t want their neighbours to know they are...

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“Sole Agency – Twelve Tips for Better Results!”

We understand how stressful it can be to sell your home, and it is reasonable that prospective sellers may be tempted to appoint two or more agents in the hope of increasing their chances of selling. However, this can be counter-productive, for the following reasons:...

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“A Winter’s Sale?”

There are many reasons why people put off selling their property at this time of year in the belief that there could be a better time to do it: it’s too cold, it’s too wet, it’s too dark, the house is not looking its best, school holidays, Christmas, New Year, etc. At...

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Interest Rate Rise – Market Comment

The Bank of England’s Monetary Policy Committee has just announced a rise in the Bank of England base rate of 0.25% - the first increase in over a decade. The base rate is the figure on which mortgage rates in particular are based and a whole generation of aspiring...

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“Buying Old versus New” (Part Two)

Last week’s article looked at the pros and cons of buying a modern home. Here we consider the older property. Over 50% of residential properties in the UK were built before 1939. Their popularity has remained undiminished for decades, and many of our registered buyers...

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Market Comment – October 2017

There is a very different vibe to the property market from last month, with a number of reports suggesting that the market is rapidly changing from being a sellers’ market to what is starting to look a lot like the beginning of a buyers’ market in some areas (although...

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ARMA Conference 2017

Our Head of Block Management Rachel and Property Manager Emily, attended the annual ARMA conference in London on Wednesday and it was a great day full of updates regarding the Property Management sector. The day started with a talk from the headline speaker who was...

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“Buying Old versus New” (Part One)

Buyers tend to have fixed ideas about the style of home they would prefer to buy. Some would not buy anything but a “character home” whilst others prefer a brand new property. In this two-part article, we look at some advantages and disadvantages of each, starting...

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Getting Rentals Right

Just as anyone can open up an estate agency, so they can also start up a lettings business, without any training, experience or qualifications. This should concern landlords, because there is far more to the business than meets the eye. In some ways, finding a tenant...

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Exam Success

We are delighted to announce a number of our staff have recently gained qualifications in their respective fields. As a company we pride ourselves on having experienced, qualified and knowledgeable staff who can provide our Clients with the best possible experience...

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Landlords Beware

Smart investors are keen to snap a bargain. However, whilst it is tempting to go out and buy, buy, buy - a word of caution because it night not be so easy to let, let, let. Finding a tenant is only one aspect of the venture which some landlords feel can be done...

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Touching Up

When the time comes to sell, you naturally want your property to look its best, but how far should you go in terms of presentation? Firstly, aim to understand how your property “sits” within the market. Not all buyers have the same buying criteria, so walk through the...

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The Right Site

There are still some remarkably old-fashioned estate agents out there who believe that their website has perfectly connected them to the digital age. Yet, on closer inspection, some agents’ websites can actually alienate their customers. We spend a fortune on...

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PROPERTY INFLATION

We recently came across this poem about investing in property, and thought you might find it interesting. Once you have read it, and only then, take a look at the date of first publication. Makes you think! “PROPERTY INFLATION” I hesitate to make a list Of all the...

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Selling Tips for Autumn

As the evenings begin to draw in, sellers should take stock of their property if they are to maximise their chances of securing an early sale. Buyer activity is traditionally very good at this time of year, but your property still needs to compete well if it is to...

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Market Comment – September 2017

The market is stirring. The holidays are now becoming a distant memory, schools are back and anyone who intends to move in time for the New Year is beginning to think about doing so. Although nationally activity levels remain unexciting, and, as a consequence, prices...

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