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“Professional?”

There has been a noticeable increase in the number of letting agents and the number of prosecutions of rogue letting agents is sadly growing at an alarming rate. The industry is largely unregulated, with almost anyone being able to open up a letting business and...

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“The Rental Rush”

The end of the holiday season usually prompts great activity in the rental market and landlords should not only be prepared for this, but also take advantage of it. The summer holiday not only marks the end of the school year, but also the end of a time of employment,...

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Rightmove Live

On Thursday 13th July Neil Newstead our CEO, along with his assistant Emma Hawkins and Samantha Hensher, our Financial Director attended a Rightmove live event at the Guildhall in Winchester. The event was one of a series of events being filmed in front of a live...

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“Who’s Choosing Your Property?”

An Englishman’s home may be his castle – but it is usually a woman who chooses it! 94% of letting agents polled in a recent survey confirmed that it is usually the woman who has the last word in choosing which home they rent! Two of the most important factors that...

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CEO Neil Newstead becomes IRPM Member

It is with great pride we can announce that Neil Newstead, CEO of Oakfield Estate Agents is now a fully qualified member of a The Institute of Residential Property Managers (IRPM) having passed the members exam which is the final of three exams to obtain IRPM...

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“Should I Sell During the Summer Holidays?”

Some sellers feel that if they have "missed" the spring market, they should wait until September before selling their property; but there are solid reasons for marketing your home during the summer. Firstly, your house is likely to look its very best. The bright days...

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“Time for You”

Selling your property is easy. Just advertise it online and wait for the buyers to flock to your door!! If only! Sadly, too many estate agents rely on this approach, which inevitably results in disappointment. Indeed, in some respects, finding the buyer is actually...

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Market Comment – June 2017

Anyone with an interest in the property market generally understands the influence of supply and demand on house prices. Just like any other “commodity”, if everybody wants something that is in generally short supply, the price tends to rise. In the property sector,...

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Too Hot to Handle?

“Phew, what a scorcher” as the tabloids would say. The current hot weather is a mixed blessing; if you’re on holiday, then the warm sunny days certainly bring out the best of the British coast and countryside. But if you’re working either outside or in a...

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“Tenants – Help us to help you!”

Letting agents love the challenge of helping you find your ideal home. Sometimes however, it can be more of a challenge than need be. So if you are looking to rent a property, here are a few guidelines that will really help us to help you: Turn up for viewings at the...

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“What Property Ladder?”

  During the boom years, if you were minded to move house you simply got on and did so! Any delay in moving up in a rising market could prove expensive as the property you were buying would inevitably have appreciated more in cash terms that the one you were...

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Election Special Market Comment

The unexpected hung parliament might appear to have once again cast a shadow over the housing market. Or maybe not! We know that the stability and strength proposed by Theresa May might not be delivered after all. But is that really so bad for a market already in...

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What is a Covenant?

A covenant is a term you might hear when discussing a property during the conveyancing process. Covenants are a form of legal obligation that is binding on the owner of a property and passes from owner to owner whenever the property is sold. They form part of the...

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All Roses in the Garden?

Landlords often ask us what they should do about their garden and what they can reasonably expect of a tenant in terms of maintenance. Having a well-cared for garden can definitely help to attract good tenants, particularly if they arrive on a sunny summer’s day....

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Market Report May 2017 – Up, Down or Sideways

Election periods usually add a degree of confusion to the property market, but this effect appears to be less pronounced this time around. Indeed, the level of sales agreed nationally is actually 2% up on that recorded during the run up to the last election in 2015,...

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“Can I Buy My Freehold?”

Most lessees (nb not tenants) have the statutory right to purchase the freehold of their building, called Collective Enfranchisement, under the Commonhold and Leasehold Reform Act 2002. Such a purchase certainly has its appeal if your lease is beginning to look a...

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“A Profitable Way to Secure Your New Home?”

When the time comes to sell, there is usually a need for speed. Isn’t it always the case that the minute you start to think about selling, you see the ideal property you want to buy? The problem is that the chances of getting a chain-free sale on your own property to...

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Why Use a “Proper” Estate Agent? Part 2

One thing an online agent can not generally do is provide a local property valuation expert to assess your property and suggest the most appropriate asking price. It may be tempting to simply rely on one of the online “valuation” tools available. These can be hugely...

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Right to Rent

New legislation means that all private landlords in England now have to check that new tenants have the right to be in the UK before renting a property. The regulations also extend to those who sub-let or take in lodgers, although this responsibility can be given to...

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Market Report – April 2017

Analysing and understanding the UK property market is notoriously difficult. Conflicting reports and biased perspectives often confuse people who simply want a degree of reassurance that their purchase or sale is well-timed. Many people who currently have no intention...

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Changes to tax relief for residential Landlords

A reminder that buy-to-let tax change have come into force this month affecting mortgage interest payments. In the past, landlords could offset these payments against their rental income before making their final tax calculation. From this month, this relief will be...

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Who is Who in a Block of Leasehold Flats?

When purchasing a Leasehold flat there can be some confusion as to ‘who is who’ this guide sets out the key persons in Leasehold and what their title means… Freeholder – owns the land on which the building(s) is built. May also be the landlord. The freeholder is...

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Why use a ‘Proper’ Estate Agent?

The role an estate agent plays in helping buyers and sellers to reach a satisfactory conclusion is critical to the sales process. Yet some vendors are understandably tempted to fall into the trap of trying to do the job themselves in an attempt to “save thousands”....

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