Michael Wright's Market Update
24/02/16
Michael Wright gives his views on the current property market
View Full DetailsFirst time buyers spend £52,900 on rent before buying
13/02/16
First time buyers typically spend £52,900 on rent before getting on the housing ladder, the Association of Residential Letting Agents (ARLA) Cost o...
View Full DetailsLove thy neighbour (it seems not always!)
13/02/16
According to the latest research, for 18 million Brits, their neighbours have become a nuisance.
View Full DetailsCML: Lowest mortgage arrears in a decade
13/02/16
2015 saw the lowest arrears rates in more than a decade, figures from the Council of Mortgage Lenders show.
View Full DetailsOver a third of private tenants are not saving to buy
13/02/16
A report appears to show that well over a third of British tenants are not saving to buy.
View Full DetailsLimited Company Buy to Let transactions rise again in Jan...
05/02/16
Applications made by Limited Companies accounted for 43% of all buy-to-let transactions in January, analysis from broker Mortgages for Business has...
View Full DetailsUK housebuilding up 7% year on year but still way behi...
05/02/16
The number of new homes registered to be built in the UK increased by 7% year on year in 2015, hitting an eight year high of over 156,000 according...
View Full DetailsA Help to Buy ISA is opened every 30 seconds
05/02/16
Potential first-time buyers have opened a Help to Buy ISA account every 30 seconds since the scheme was launched on 1 December 2015.
View Full DetailsHalifax: Average house prices now at over £212,000
05/02/16
Average house prices in January stood at £212,430 say the Halifax.
View Full DetailsBoE: Mortgage approvals up 21% year on year
02/02/16
Mortgage approvals rose 21.2% year on year in December, from 102,910 to 124,803, according to Bank of England (BoE) figures.
View Full DetailsCML: Stamp duty reforms urged
02/02/16
Responding to the HM Treasury consultation on the 3% surcharge on Stamp Duty Land Tax (SDLT) proposals for second properties, the Council of Mortga...
View Full DetailsHouse price confidence remains strong
02/02/16
The latest quarterly Halifax Housing Market Confidence Tracker has revealed that confidence in the UK housing market remains strong despite a backd...
View Full DetailsHow far will people move to get on the property ladder?
02/02/16
A new report has revealed that almost 13m people plan to move over 20 miles in order to be able to afford to buy their first home.
View Full DetailsCML: 2015 lending reached £220.3bn
25/01/16
Mortgage lending reached an estimated £220.3bn in 2015 – an 8% increase on 2014’s total of £203.3bn, Council of Mortgage Lenders figures show.
View Full DetailsMarket Update
25/01/16
Michael Wright gives his views on the current property market
View Full DetailsExperian: 1.7 million tenants frustrated in their home bu...
25/01/16
According to Experian, one in three private tenants have put their plans to buy on hold and have remained in rented accommodation longer than planned.
View Full DetailsARLA: Dedicated Housing Court needed to cover all letting...
25/01/16
ARLA (The Association of Residential Letting Agents) wants a dedicated court or tribunal to deal with all property and housing related legal disputes.
View Full DetailsCML: “slow but steady” growth
18/01/16
The Director General of the Council for Mortgage Lenders (CML) Paul Smee has forecast “slow but steady upward trajectory over the next two years” a...
View Full Details2015: Over 300,000 first time buyers for second year in s...
18/01/16
The Halifax has revealed that during 2015, first-time-buyer numbers hit 310,000.
View Full Details26% of first-time buyers take 35 year mortgage terms
18/01/16
In 2007 the proportion taking out a thirty five year term was 16%, yet by 2015 that figure grew to 26% according to researc h from the Halifax..
View Full DetailsStress: Where does buying or selling a property rate?
11/01/16
Research from Which? Mortgage Advisers reveals that buying and selling property is one of the most stressful life experiences - more so than having...
View Full DetailsHalifax: Property prices rise 9.5% year-on-year
11/01/16
UK property prices in the fourth quarter of 2015 were 9.5% higher than the same period in 2014, according to the Halifax.
View Full DetailsGovernment to directly commission 13,000 new homes
11/01/16
The Government has kick-started its affordable homes programme by announcing the fast-track building of thousands of houses on publicly-owned land.
View Full DetailsARLA: rents to increase in 2016
04/01/16
The Association of Residential Letting Agents (ARLA) has said that rents will rise in the New Year due to legislation changes affecting landlords.
View Full DetailsAMI: Mortgage rates to rise early in 2016
04/01/16
Mortgage rates are likely to rise in the first quarter of 2016 as lenders look to control their lending before the Mortgage Credit Directive comes ...
View Full DetailsFirst-time buyers reliant on family help
04/01/16
More than half (52%) of first-time buyers rely on their families to financially assist them in buying their first home, research from Which? Mortga...
View Full DetailsRICS: Rents up 3% in 2016 with forecast of more by 2020
04/01/16
The Royal Institution of Chartered Surveyors (RICS) is predicting that rents are likely to increase even faster than house prices in the next five ...
View Full DetailsLease extension demand soars over the last four years
04/01/16
The Uk’s largest conveyancing firm claims there has been a 140% increase in the number of properties requiring leasehold extensions in just the pas...
View Full DetailsRICS: House prices to increase by 6% in 2016
04/01/16
House prices in the UK will see an average increase of 6% over the course of next year, the RICS housing forecast for 2016 is predicting.
View Full DetailsZoopla: 600,000 Britons are now property millionaires
04/01/16
More than 600,000 Britons are now property millionaires with their home values having eclipsed the £1m mark.
View Full DetailsSantander: Buying is cheaper than renting across the UK
04/01/16
A report from Santander says that potential first-time buyers would have lower monthly outgoings if they bought a property than they do renting.
View Full DetailsMichael Wright's Market Update
21/12/15
The start of a New Year is always an opportunity to reflect on the year that has just passed and look forward to the one that is about to begin.
View Full DetailsGetting on the home ownership ladder getting easier
18/12/15
Barriers to getting on the housing ladder fell from September to December 2015 with the announcement of The Building Societies Association’s Proper...
View Full DetailsMore 95% loan to value mortgages in 2016
18/12/15
New lenders will enter the 95% loan to value market in 2016, Accord’s National Intermediary Sales Manager David Robinson has foretold.
View Full DetailsDo small housebuilders hold keys to home ownership?
18/12/15
Owning a home is likely to be on many peoples New Year wish list. With the Government’s commitment to deliver thousands of new homes, there are man...
View Full DetailsWear and Tear tax allowance to be changed after consultation
18/12/15
HM Revenue and Customs has published the responses it received to its 12 week consultation on changing the Wear and Tear Allowance for buy to let l...
View Full Details130,000 Help to buy completions to date
18/12/15
The Help to Buy Equity Loan and Mortgage Guarantee schemes have assisted 130,000 mortgages since their launch in 2013.
View Full DetailsA third of the UK has problems with neighbours
18/12/15
18 million residents, or a third of the UK’s adult population, have faced disputes with their neighbour over the past 12 months, and half of those ...
View Full DetailsTenant demand continues to grow
11/12/15
Paragon Mortgages report that tenant demand has continued to grow across the country in quarter three of 2015.
View Full DetailsBritons quick to fall in love with property
11/12/15
A survey by My Home Move, has discovered that we are a nation of decisive homebuyers who are quick to fall in love with a home and act fast to buy it.
View Full DetailsAverage deposits rising
11/12/15
Mortgage Advice Bureau say that average deposits rose in nine out of eleven regions in October. As a result, the average purchase deposit reached £...
View Full DetailsStamp duty hike may hit new-build volumes warns Berkeley ...
11/12/15
The chairman of Berkeley Homes is warning that the Government’s 3% stamp duty increase for buy to let properties and second homes risks damaging th...
View Full DetailsNAEA: First time buyer sales are at highest level in six ...
03/12/15
First-time buyer sales hit a 6-year high in October to account for nearly a third (31%) of all sales, according to the National Association of Esta...
View Full Details£4,600 will be the average cost of raising buy to let sta...
03/12/15
Buy to let landlords would have to pay an extra £4,565 per property purchase in the first three quarters of 2015 if the Chancellor’s 3% stamp duty ...
View Full Details2014 stamp duty change saves buyers £1.9bn
03/12/15
UK homebuyers have saved £1.9bn in stamp duty since it was reformed from a slab to progressive structure in December 2014, My Home Move data has re...
View Full Details63% of those eligible intend to take advantage of Help to...
03/12/15
With the Government’s Help to Buy ISAs now launched, new insight from MoneySuperMarket reveals 63% of prospective homeowners plan to take advantage...
View Full DetailsMichael Wright's Market Update
23/11/15
Michael Wright gives his views on the property market as we move towards the end of 2015 and look towards 2016
View Full DetailsTUC: Cost of housing blamed for increased commuting
23/11/15
The number of commuters spending more than two hours travelling to and from work has increased by 72% over the past 10 years - with high house pric...
View Full DetailsCML: Gross mortgage lending hits a seven year high
23/11/15
Gross lending hit its highest level in over seven years in October, according to the Council of Mortgage Lenders.
View Full DetailsNew housing starts recovering
23/11/15
Housing starts recovered in quarter three, reversing some of the drop in activity seen in the second quarter, official figures show.
View Full DetailsDigital homes add value
16/11/15
A Digital Homes Report by Barclays Mortgages reveals that almost a third of home owners surveyed online believe installing technology in their home...
View Full DetailsValue of UK housing stock doubles over past decade
16/11/15
Halifax has revealed that the value of the UK's private housing stock has risen by 53% over the past decade from c£3.3 trillion in 2005 to c£5.1 tr...
View Full DetailsRightmove say house price rises will continue next year
16/11/15
Asking prices have dipped slightly in the normal November slowdown, reports leading property website Rightmove.
View Full DetailsBuilding societies to review mortgage age limits
16/11/15
The building society sector has committed to reviewing the maximum age limits for mortgage borrowers.
View Full DetailsFirst-time buyers need £50,000 income to get on the prope...
10/11/15
New research by Gocompare.com claims that first-time buyers need on average a minimum household income of £50,000 to purchase a house in the UK.
View Full DetailsRestricting appeal of buy to let mortgages will push up r...
10/11/15
Measures which discourage investment in the private rented sector can only push up rents and harm tenants more than landlords, a report from the In...
View Full DetailsGovernment to toughen up on HMO rogue landlords
10/11/15
The government plans to extend and toughen up HMO licencing to tackle rogue landlords and overcrowded housing in 2016.
View Full DetailsOver-55s wealth to double by 2035
10/11/15
The value of property owned by over-55s in England is set to double to almost £2.5 trillion by 2035, research from Age Partnership has revealed.
View Full DetailsLandlords: Beware of winter void periods
10/11/15
Landlords should be wary of leaving their homes empty in the winter as the weather could lead to problems such as damp and mould, the Association o...
View Full DetailsEquity release: Pensioners cash in on property
10/11/15
Pensioners are boosting retirement incomes by an average £74,787 by cashing in on rising property prices, analysis from leading over-55s financial ...
View Full DetailsSecond steppers rely on the Bank of Mum and Dad
10/11/15
The Bank of Mum and Dad is no longer being relied upon solely by first-time buyers – as second steppers are depending on their parents to make the ...
View Full DetailsPublic expect house prices to rise
10/11/15
68% of Brits expected house prices to rise in the next 12 months in the third quarter of 2015, the Halifax Housing Market Confidence Tracker reveals.
View Full DetailsCML: One in three homes are bought with cash
10/11/15
Approximately one in three homes are now bought with cash – the highest level for over 60 years.
View Full DetailsNAEA: Top tips to sell your home during the winter
10/11/15
The National Association of Estate Agents top tips for those looking to sell their property during winter are as follows:
View Full DetailsOffice of National Statistics: UK rent rises 2.7%
02/11/15
The latest report from The Office for National Statistics on private housing rental prices has found that over the last 12 months up to September 2...
View Full DetailsHouse prices up 3.9% says Nationwide Building Society
02/11/15
House prices up 3.9% says Nationwide Building Society
View Full DetailsNumber of new homes fell in quarter three although up dur...
02/11/15
Housebuilding registrations fell by 2% in Q3 2015 year on year despite the government’s pledge to boost housing supply, figures from the National H...
View Full DetailsRight to Rent to commence in February 2016
24/10/15
The Government has announced that from 1 February 2016 all private landlords in England will have to check new tenants have the right to be in the ...
View Full DetailsMortgage market breaks through the £20bn barrier in Septe...
24/10/15
Gross mortgage lending reached £20bn in September 2015 the Council of Mortgage Lenders has estimated.
View Full DetailsGeorge Osborne says tougher buy-to-let regulation coming
24/10/15
The Chancellor, George Osborne, has said that the Bank of England was likely to receive the powers it had asked for to regulate the mortgages which...
View Full DetailsMichael Wright's Market Update
24/10/15
Michael Wright gives his views on the current property market
View Full DetailsInquiry by MPs into rental energy efficiency
16/10/15
The All Party Parliamentary Group for the private rented sector has launched an inquiry into the energy efficiency of private rented housing.
View Full DetailsUK pensioners more reliant on their homes than anywhere e...
16/10/15
UK pensioners are more reliant on their homes than in any other European nation, a report from Dutch banking group ING has revealed.
View Full DetailsThe annual cost of home ownership to reach £15,300
16/10/15
The average annual cost of being a homeowner is set to reach £15,300 this year, Legal & General’s Home Truths research predicts.
View Full DetailsHousing Bill backed by NAEA and ARLA
16/10/15
The National Association of Estate Agents and the Association of Residential Letting Agents are backing the government’s Housing and Planning Bill ...
View Full DetailsHMRC generates over £50m of extra tax from private rental...
16/10/15
A campaign targeting residential landlords has given HM Revenue and Customs an additional tax take of over £50 million.
View Full DetailsMen are from Mars and women are from Venus when it comes ...
16/10/15
Women looking to buy a home are most concerned about the space within a property, while men’s decisions are governed by the home’s location, resear...
View Full DetailsGovernment aim to generate more new homes by clamping dow...
16/10/15
The government is telling councils to produce local plans for new homes in their area by 2017 – or Whitehall will ensure those plans are produced f...
View Full Details20% year on year increase in house purchase mortgage lending
12/10/15
New data from Chartered Surveyors e.surv has found that over the last twelve months, the number of house purchase mortgage approvals has reached a ...
View Full DetailsRICS: Rents will rise 3.0% in 2016 as demand continues to...
12/10/15
Average rents have risen for 10 months in a row according to the Royal Institution of Chartered Surveyors - and there's every sign that it will con...
View Full Details80% of tenants like their landlord
05/10/15
Research commissioned by Paragon Mortgages reveals positive attitudes among tenants towards private renting.
View Full DetailsFirst time buyer house prices outpace rest of market
05/10/15
UK property prices have risen 7.3% annually to reach an average of £219,315.
View Full DetailsThere are now over 15,000 mortgage products to choose from!
05/10/15
According to new data released by Mortgage Advice Bureau, the total number of mortgage products has passed 15,000 for the first time since the rece...
View Full DetailsVolumes of property transactions hit (seasonally adjusted...
05/10/15
Residential property sales in the UK hit an 18-month high in August, following a 3.1 per cent month-on-month rise, the latest figures published by ...
View Full DetailsHomeowners more optimistic about the UK economy than renters
05/10/15
Homeowners are more confident in the state of the UK economy and their own finances than renters, the latest Lloyds Bank Spending Power Report has ...
View Full DetailsNLA survey says majority of landlords won't use pension f...
27/09/15
A report from The National Landlords Association (NLA) shows that the majority of landlords don’t plan to take advantage of pension freedoms to inv...
View Full DetailsSignificant increase in buy to let sales says report
27/09/15
Buy to let sales in August 2015 were up by 54.1% compared to the corresponding month last year hitting £3.31bn, research from Equifax Touchstone sh...
View Full DetailsMarket Update
27/09/15
Michael Wright gives his views on the current property market
View Full DetailsOver half of borrowers say they will struggle when mortga...
27/09/15
52% of borrowers say they will struggle or fall behind with mortgage repayments when interest rates rise, according to a new survey by the Building...
View Full Details60% increase in the price of flats over the last decade
27/09/15
Halifax research has revealed that the average price of a flat has risen £730 per month over the past decade from £145,874 in 2005 to £233,424 today.
View Full DetailsStrong recovery in lending to second steppers
18/09/15
Gross mortgage lending to second steppers and home movers rose strongly in July, to its highest level since October 2007, according to figures from...
View Full DetailsHuge reduction in house building within the green belt
18/09/15
The number of homes built within the green belt surrounding our towns and cities has halved over the last twenty years, according to research from ...
View Full DetailsSeven million over 50s still paying a mortgage
18/09/15
Research by the Saga Equity Release Advice Service has highlighted that around seven million over 50s are still paying off their mortgage, with dre...
View Full DetailsNumber of first time landlords on the increase
18/09/15
The latest research from the Nottingham Building Society has found that almost 1 in 5 (19%) of landlords plan to buy more properties and add to the...
View Full DetailsLasting Power of Attorney vital say property lawyers
18/09/15
A property solicitors’ practice says buy to let investors who intend using their property to fund some, or all, of their retirement should have a p...
View Full Details£41,000 extra to live near a stately home
18/09/15
Buying near one of Britain’s ‘stately homes’ will command a typical premium of £41,000, according to the latest Halifax research.
View Full DetailsNine million renters feel that home ownership is a ...
18/09/15
Nine million UK renters (45%) say they will never be able to afford their own home, according to the latest Post Office Money Mortgages survey.
View Full DetailsCareer Opportunity - Climb the career ladder
16/09/15
Due to our continued success and growth we have a vacancy for a sales negotiator
View Full DetailsBest Letting Agent In Isleworth
15/09/15
We are delighted to have been voted best letting agent in Isleworth 2015 by the independent All Agents review site
View Full DetailsOld Isleworthians make a winning start
15/09/15
Our sponsorship of Old Isleworthians has started the season well.
View Full DetailsGovernment should encourage downsizing say CML
07/09/15
The government's planning system should be reformed so older borrowers have an incentive to free up family homes, says the Council of Mortgage Lend...
View Full DetailsOver-55s will buy second homes say Prudential
07/09/15
The housing market could see an increase in the number of “silver landlords” as two in five (37%) over-55 homeowners plan to buy a second property ...
View Full Details£41,000 premium to live near top rated schools
07/09/15
On average, parents pay a £41,000 premium to buy a house near one of England’s top secondary schools, say Lloyds Bank.
View Full DetailsOver 1,000 buy to let mortgages now available
01/09/15
The number of buy to let mortgages available in the market has hit 1,000 which is the highest level since 2008..
View Full DetailsSupply of rental property increases
01/09/15
The number of available private rented properties rose in July, according to the Association of Residential Letting Agents (ARLA).
View Full DetailsHalf a million people intend to use pension to repay mort...
01/09/15
Over half a million people in the UK intend to use all or part of their pension to help repay their mortgage balance, reveals new research from spe...
View Full DetailsGood news as arrears and repossessions fall again
24/08/15
According to the Council of Mortgage Lenders, the repossession rate - already at its lowest since records began - continued to fall in the second q...
View Full DetailsHow long does it take to choose a new home?
24/08/15
Research shows that a third of house hunters spend almost three months browsing the property market before deciding on their new home.
View Full DetailsNearly 40% of Right to Buy homes have ended up in private...
24/08/15
Nearly 40% of all homes sold under Right To Buy in England have gone on to become buy to let investment properties.
View Full DetailsModern kitchens, private parking and gardens top list of ...
24/08/15
A modern or open plan kitchen, off-street parking and a back garden are the features most likely to make a home ‘more desirable’ to potential buyer...
View Full DetailsRise in popularity for 30+ year mortgage deals
24/08/15
The proportion of homebuyers searching for mortgages with terms of 30 years or more has risen 8% to 21% over the past year.
View Full Detailsnew sponsor for Old Isleworthians
20/08/15
We are delighted to be sponsoring Old Isleworthians men's football team thsi season.
View Full DetailsSophie qualifies as a member of the National Association ...
18/08/15
Sophie Maisey becomes MNAEA
View Full Details£26 million confirmed by Government for new first time bu...
14/08/15
Communities secretary Greg Clark has announced a £26 million fund for house builders to build starter homes for first-time buyers.
View Full DetailsAffordability at risk of creating housing market stalemat...
14/08/15
The UK housing market is at risk of a stalemate as growing families in most parts of the country face unaffordable increases in mortgage size if th...
View Full Details40% of 55 to 64 year olds banking on property wealth to f...
14/08/15
New research from more 2 life shows that 40% of homeowners in the run-up to retirement are now relying on their property wealth as part of their pl...
View Full DetailsRe-mortgage lending rising
14/08/15
House purchase lending hit £20.1 billion in June 2015, up 25% on May and up 13% on June 2014 while re-mortgage figures finally started to recover, ...
View Full DetailsResearch shows properties on 'Lanes' worth £100k more tha...
14/08/15
Properties situated on ‘Lanes’ are worth over £100,000 more than those on a ‘Street’ according to new research by Barclays Mortgages.
View Full DetailsBuy to let mortgage lending enjoys another strong month s...
13/08/15
The rise of buy to let lending continues apace with the latest figures from the Council of Mortgage Lenders showing another increase in activity.
View Full DetailsMultiple Award success for Isleworth Estate Agent
10/11/14
Isleworth based Oakhill Estate Agents are celebrating a series of award successes based on their exceptional performance and customer service.
View Full DetailsOakhill Estate Agents delighted to help after thieves str...
23/07/14
We were delighted to donate tools including a fork, spade and watering can to the Cranford Park Friends group after we heard how heartless thieves ...
View Full DetailsUnsung heroes praised at community safety awards
23/07/14
Hounslow Community Safety Heroes awards recognise unsung heroes who have helped improve safety in their communities and these were spotlighted at ...
View Full DetailsHappy New Year - Michael Wright's look at the local prope...
23/07/14
As we enter 2014, many people’s thoughts turn to the property market and at Oakhill Estate Agents we understand this desire to know what is happeni...
View Full DetailsOakhill Estate Agents Do The "Mobot" And Raise Over £1000...
23/07/14
Michael and Justin recently took part in the Kew Gardens 10k run and raised over £1000 for the Mo Farah Foundation.
View Full DetailsSt Mary's School Autumn Fete Sponsorship Success!
23/07/14
We were delighted to sponsor St Mary’s Primary School Autumn Fete. As the only estate agent in Old Isleworth and a family business, we are comm...
View Full DetailsOakhill Estate Agents become an approved trader with the ...
23/07/14
As a member of the UK’s largest property ombudsman scheme, Oakhill Estate Agents are one of 11,745 residential sales agents that have signed up to ...
View Full Details