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Under the skin of the letting market

Here we share news and views on both the local letting market in & around Oxfordshire and all planned and recent legislation.

Hat trick scored at Witney’s Buttercross Lane development


The Buttercross development is proving extremely popular with applicants in the Witney area. The development consists of 106 two, three and four bedroom houses and apartments located centrally in the market town of Witney. But with the majority of the development still awaiting completion how has our Witney office managed to let three of the properties already?

In March this year Finders Keepers let the very first property on the new development on the very first viewing. The landlord made initial enquiries with the local developer about investing in a plot as a buy-to-let and was recommended to contact us for advice. We suggested a 2 bedroom, 2 bathroom house as the best option for him and we immediately let the property to a young couple who moved in within a week of the landlord gaining possession.

Applicants love the new Buttercross Lane development

This slick letting seems to have been the sign of things to come for this exciting development. We took on another property in Buttercross Lane for a local Witney landlord, and as it was his first ever investment property he was keen to secure tenants as soon as possible. The property completed on a Thursday and we were able to arrange a viewing for the Friday. The applicant liked the property so much that she made an application immediately. She and her family are relocating from Australia and are currently residing in short-term accommodation nearby, so they were delighted to find a property in the same location. Of course, the landlord was equally thrilled to have let his property so quickly.

Last week the hat trick was accomplished when we let a third property on the development, although this time it has been let before the property has been completed! We suggested the development to an existing landlord who was looking to expand her property portfolio. The three bedroom house is an exact replica of the show home on the site and so our letting team were able to arrange a viewing at the show home immediately; even we were surprised when this resulted in another let on the first viewing. The tenants are a family relocating from overseas and they fell in love with the show home, immediately applying for the property which will be completed sometime later in the summer.

Finders Keepers was started in Oxfordshire more than 40 years ago and we have been family-run and independent ever since. We have 8 offices across the county and great contacts with local developers, making us the first point of call for letting. For advice on your investment, call Susan or Paul on 01993 700150.