Close

Please enter your Log-in details below:


Subscribe

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.


Two stories illustrating the need for regulation

Flick through this blog and you’ll find several pieces arguing that the letting industry needs to be regulated.
Read the rest of this entry »

Demand still stronger than supply

The quieter period is now upon us in Central Oxford.

On a Monday morning recently our letting team cried “we only have 4 available flats to rent in Oxford on our letting list!”.  By the end of that week we had let 5 properties. As soon as we list a good property it is flying off the books! Demand is stronger than supply at the moment.

Keeping in touch with landlords of properties that went onto the sales market a few months ago has resulted in those properties recently being relisted to let again, due to “failed sales”.

The property above did not find buyers so we marketed it to let. We secured new tenants immediately, along with a 15% increase in rent on the previous tenancy!

New legislation ahead: compulsory insulation

A story appears today in the Telegraph stating that Chris Huhne is going to pass legislation to make it compulsory for landlords to pay to install insulation in their properties.
Read the rest of this entry »

A happy ending

 

We successfully let a 5 bedroom house in Tackley this week which had been fire damaged earlier in the year. We have been liaising with the loss adjusters, builders and insurance company on behalf of our landlord, who lives in South Africa, to make sure the house is ready for the new tenancy.
Read the rest of this entry »

November in Oxford

Don’t forget that the clocks go back this Sunday at 2am!

Yes, that means that you gain an hour. Instead of spending that extra hour in bed, why not use it to plan what you’re going to do around Oxford this month?
Read the rest of this entry »

Winter is here…

 

The impending change to Daylight Saving Time this coming weekend signals an important time of the year for our Property Managers. Not to do with the extra hour we will all gain, but to do with the onset of the British wintertime.
Read the rest of this entry »

HMO Licensing – an update

HMO Licensing –  A step closer to clarification

In the spirit of being ‘in it all together’, we would like to keep you up to speed with updates as they happen regarding additional HMO Licensing across Oxford.

Recently we laid out our position, thoughts and action on the proposed additional licensing (see post 30th September).  As a result of a meeting of the City Executive Board at the beginning of this week, the following clarification has been outlined on the Oxford City Council’s website:
Read the rest of this entry »