Latest News Articles

Oakhill News


Michael Wright's Market Update

24/02/16

Michael Wright gives his views on the current property market

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First 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...

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Love thy neighbour (it seems not always!)

13/02/16

According to the latest research, for 18 million Brits, their neighbours have become a nuisance.

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CML: 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.

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Over 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.

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Limited 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...

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UK 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...

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A 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.

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Halifax: Average house prices now at over £212,000

05/02/16

Average house prices in January stood at £212,430 say the Halifax.

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BoE: 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.

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CML: 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...

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House 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...

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How 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.

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CML: 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.

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Market Update

25/01/16

Michael Wright gives his views on the current property market

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Experian: 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.

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ARLA: 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.

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CML: “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...

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2015: 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.

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26% 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..

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Stress: 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...

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Halifax: 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.

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Government 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.

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ARLA: 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.

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AMI: 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 ...

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First-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...

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RICS: 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 ...

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Lease 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...

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RICS: 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.

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Zoopla: 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.

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Santander: 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.

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Michael 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.

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Getting 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...

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More 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.

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Do 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...

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Wear 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...

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130,000 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.

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A 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 ...

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Tenant 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.

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Britons 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.

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Average 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 £...

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Stamp 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...

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NAEA: 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...

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£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 ...

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2014 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...

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63% 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...

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Michael 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

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TUC: 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...

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CML: 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.

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New 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.

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Digital 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...

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Value 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...

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Rightmove 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.

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Building societies to review mortgage age limits

16/11/15

The building society sector has committed to reviewing the maximum age limits for mortgage borrowers.

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First-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.

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Restricting 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...

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Government 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.

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Over-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.

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Landlords: 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...

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Equity 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 ...

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Second 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 ...

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Public 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.

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CML: 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.

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NAEA: 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:

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Office 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...

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House prices up 3.9% says Nationwide Building Society

02/11/15

House prices up 3.9% says Nationwide Building Society

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Number 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...

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Right to Rent to commence in February 2016

23/10/15

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 ...

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Mortgage market breaks through the £20bn barrier in Septe...

23/10/15

Gross mortgage lending reached £20bn in September 2015 the Council of Mortgage Lenders has estimated.

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George Osborne says tougher buy-to-let regulation coming

23/10/15

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...

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Michael Wright's Market Update

23/10/15

Michael Wright gives his views on the current property market

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Inquiry by MPs into rental energy efficiency

15/10/15

The All Party Parliamentary Group for the private rented sector has launched an inquiry into the energy efficiency of private rented housing.

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UK pensioners more reliant on their homes than anywhere e...

15/10/15

UK pensioners are more reliant on their homes than in any other European nation, a report from Dutch banking group ING has revealed.

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The annual cost of home ownership to reach £15,300

15/10/15

The average annual cost of being a homeowner is set to reach £15,300 this year, Legal & General’s Home Truths research predicts.

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Housing Bill backed by NAEA and ARLA

15/10/15

The National Association of Estate Agents and the Association of Residential Letting Agents are backing the government’s Housing and Planning Bill ...

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HMRC generates over £50m of extra tax from private rental...

15/10/15

A campaign targeting residential landlords has given HM Revenue and Customs an additional tax take of over £50 million.

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Men are from Mars and women are from Venus when it comes ...

15/10/15

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...

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Government aim to generate more new homes by clamping dow...

15/10/15

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...

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20% year on year increase in house purchase mortgage lending

11/10/15

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 ...

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RICS: Rents will rise 3.0% in 2016 as demand continues to...

11/10/15

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...

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80% of tenants like their landlord

04/10/15

Research commissioned by Paragon Mortgages reveals positive attitudes among tenants towards private renting.

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First time buyer house prices outpace rest of market

04/10/15

UK property prices have risen 7.3% annually to reach an average of £219,315.

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There are now over 15,000 mortgage products to choose from!

04/10/15

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...

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Volumes of property transactions hit (seasonally adjusted...

04/10/15

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 ...

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Homeowners more optimistic about the UK economy than renters

04/10/15

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 ...

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NLA survey says majority of landlords won't use pension f...

26/09/15

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...

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Significant increase in buy to let sales says report

26/09/15

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...

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Market Update

26/09/15

Michael Wright gives his views on the current property market

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Over half of borrowers say they will struggle when mortga...

26/09/15

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...

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60% increase in the price of flats over the last decade

26/09/15

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.

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Strong recovery in lending to second steppers

17/09/15

Gross mortgage lending to second steppers and home movers rose strongly in July, to its highest level since October 2007, according to figures from...

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Huge reduction in house building within the green belt

17/09/15

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 ...

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Seven million over 50s still paying a mortgage

17/09/15

Research by the Saga Equity Release Advice Service has highlighted that around seven million over 50s are still paying off their mortgage, with dre...

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Number of first time landlords on the increase

17/09/15

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...

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Lasting Power of Attorney vital say property lawyers

17/09/15

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...

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£41,000 extra to live near a stately home

17/09/15

Buying near one of Britain’s ‘stately homes’ will command a typical premium of £41,000, according to the latest Halifax research.

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Nine million renters feel that home ownership is a ...

17/09/15

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.

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Career Opportunity - Climb the career ladder

15/09/15

Due to our continued success and growth we have a vacancy for a sales negotiator

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Best Letting Agent In Isleworth

14/09/15

We are delighted to have been voted best letting agent in Isleworth 2015 by the independent All Agents review site

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Old Isleworthians make a winning start

14/09/15

Our sponsorship of Old Isleworthians has started the season well.

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Government should encourage downsizing say CML

06/09/15

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...

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Over-55s will buy second homes say Prudential

06/09/15

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 ...

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£41,000 premium to live near top rated schools

06/09/15

On average, parents pay a £41,000 premium to buy a house near one of England’s top secondary schools, say Lloyds Bank.

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Over 1,000 buy to let mortgages now available

31/08/15

The number of buy to let mortgages available in the market has hit 1,000 which is the highest level since 2008..

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Supply of rental property increases

31/08/15

The number of available private rented properties rose in July, according to the Association of Residential Letting Agents (ARLA).

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Half a million people intend to use pension to repay mort...

31/08/15

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...

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Good news as arrears and repossessions fall again

23/08/15

According to the Council of Mortgage Lenders, the repossession rate - already at its lowest since records began - continued to fall in the second q...

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How long does it take to choose a new home?

23/08/15

Research shows that a third of house hunters spend almost three months browsing the property market before deciding on their new home.

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Nearly 40% of Right to Buy homes have ended up in private...

23/08/15

Nearly 40% of all homes sold under Right To Buy in England have gone on to become buy to let investment properties.

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Modern kitchens, private parking and gardens top list of ...

23/08/15

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...

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Rise in popularity for 30+ year mortgage deals

23/08/15

The proportion of homebuyers searching for mortgages with terms of 30 years or more has risen 8% to 21% over the past year.

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Market Update

23/08/15

Michael Wright gives his views on the property market

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new sponsor for Old Isleworthians

19/08/15

We are delighted to be sponsoring Old Isleworthians men's football team thsi season.

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Sophie qualifies as a member of the National Association ...

17/08/15

Sophie Maisey becomes MNAEA

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£26 million confirmed by Government for new first time bu...

13/08/15

Communities secretary Greg Clark has announced a £26 million fund for house builders to build starter homes for first-time buyers.

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Affordability at risk of creating housing market stalemat...

13/08/15

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...

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40% of 55 to 64 year olds banking on property wealth to f...

13/08/15

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...

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Re-mortgage lending rising

13/08/15

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, ...

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Research shows properties on 'Lanes' worth £100k more tha...

13/08/15

Properties situated on ‘Lanes’ are worth over £100,000 more than those on a ‘Street’ according to new research by Barclays Mortgages.

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Buy to let mortgage lending enjoys another strong month s...

12/08/15

The rise of buy to let lending continues apace with the latest figures from the Council of Mortgage Lenders showing another increase in activity.

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Multiple 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.

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Oakhill 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 ...

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Unsung 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 ...

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Happy 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...

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Oakhill 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.

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St 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...

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Oakhill 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 ...

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