- Historically, experience tells us that the premium paid for new build properties increases in a strong market but narrows again in a slower market as developers reduce prices in order to achieve sales.
- While not directly comparing like for like, it does raise some interesting questions. Few would say that 2017 was a particularly strong year for the market and yet the new build premium continues to rise.
As with so many festive traditions, the twelve days of Christmas leading to Twelfth night are familiar, even if their roots seem a little shrouded. Generally recognised as the period been Christmas day and the Coming of the Epiphany the period marked the traditional length of Christmas festivities. Pagan beliefs also explain the tradition of taking down festive decorations on Twelfth Night. These decorations often took the form of evergreen foliage (typically holly and ivy) and some believed that tree spirits sheltered in the decorative sprigs. Removing them either before or after Twelfth Night came to be regarded as unlucky as the disgruntled spirits would exact a toll in the following year’s crops! Continue reading “Twelfth Night”
On 9th November 2017, four professionals from some of Oxfordshire’s local businesses gathered together to present at the historic Witney Blanket Hall on investing in Oxfordshire property.
If you would like to download the slides from the presentation, you can do so here – http://bit.ly/seminarslides
Would you like to know more about investing in local property? Whether you’re a seasoned landlord, just dipping your toe in the water or on a fact finding mission then this event is essential to get all the latest facts, tips and critical information to get the very best advice about investing in property in West Oxfordshire. Our panel of experts from local, Witney businesses are on hand to dispense free advice at 6pm on Thursday 9th November at the historic Witney Blanket Hall. Experts from Everyman Legal (solicitors), M Group (accountants), Martin & Co (local property experts) and London & Country (mortgages) will be on hand after the 1 hour presentation to answer any further queries you may have. We’ll even provide something to eat and drink!
Please register now for your free tickets as spaces are limited: witneypropertynews.com or look on Facebook for Martin & Co Witney for more details
I was recently asked by WODC to put together a brief paper on the local Private Rented Sector (PRS) to help inform a cabinet level debate. Having done the legwork I thought I’d share my findings with you as some light reading. The aim of this is to help any potential buy-to-let investors make an informed decision about the type of property to purchase. Continue reading “What Property Makes the BEST Investment in West Oxfordshire?”
Landlords who own four or more mortgaged buy-to-let properties can soon expect lenders to look across their whole portfolio if they want to apply for a mortgage on a new property.
The supply of certain types of privately rented properties in Witney is currently well above average and, in some cases, hitting record levels. This is particularly true of 2-bedroom flats and 3-bedroom houses although there has also been a spike in 2-bedroom houses. Continue reading “Supply of Witney Rental Property Hits Record Levels”
Martin & Co Birmingham are currently working with a developer and have 33 one-bedroom apartments available to offer to our landlords.
Prices are £65-£70k with expected returns of 6.4-8.75%
For further details, CLICK HERE
Call us on 01993 708638 to register your interest.
The historic Witney Blanket Hall was a stunning backdrop for the second Witney Property Seminar hosted by a range of locally based, professional businesses with experts in law, mortgages, tax, insurance and property. Continue reading “Local Perspective on the Property Market”
See below how average Witney property prices compare to the South East average. If you would like to see many more interesting stats about Witney property as well as nationally, click here.
See below for Witney round up over the last 12 months. Click here for MORE interesting updates on the Witney market.
See below for average property values over the last 12 months in and around Witney. Click here for MORE interesting updates on the Witney market.
Click here for some interesting and insightful articles from local businesses including tax tips and what to look out for when renting out property, latest stats on house price and rental increases – how these have changed over the last few years and much more!
A question often asked by landlords is ‘I have just bought a new property and have had to fix it up – is this income tax deductible?’ Continue reading “TAX TIPS – Clearing up some confusion around Pre-Letting costs”
The EU referendum has been the centre of attention across most industries for the last month, and property is no exception.
Shortly before the pivotal vote on the 23rd June, the NAEA, ARLA and CEBR have released prospective house price figures in the event of both a Remain and Leave vote. Continue reading “How the Referendum might affect UK Property”
Martin and Co Witney currently have five single storey residential units for sale. All are currently let on Assured Shorthold Tenancies representing a rare opportunity to acquire an investment that produces a healthy income whilst the planning opportunities are explored. Continue reading “Superb investment/development opportunity”
Looking to invest in property? Whether you’re new to the industry or have been investing in property for some time, check out our Top Tips for landlords when looking for that next investment property.
Do you want to know what’s going on with the Witney property market?
Click here for our May report.