- Supply – put simply, there aren’t enough houses being built locally. The Local Plan has identified that c.660 new homes need to be built in West Oxfordshire every year until 2031 but there have been fewer than this built over the previous years and there is no prospect of this changing in the immediate future. Did you know – West Oxfordshire is the second most sparsely populated district in South-East England!
Continue reading 5 Reasons to buy property in Witney
For the full report on market trends, average values in Witney over the last 12 months and what the sales market has been up to most recently, click here.
If you would like to speak to one of our experienced staff for some exert advice, please call us on 01993 708638.
Since late last year there have been various legal changes in terms of the provision/testing of alarms and monitors in residential rental properties. These changes include the following:- Continue reading Smoke Alarms…Is your rental property compliant?
From 2018, the legal requirement for all privately rented properties in England and Wales will be to have an EPC rating of E or above. Continue reading Will you need to spend an extra £5000 to make your rental property legal?
There’s an awful lot going on currently as the next iteration of the Local Plan 2031 continues to take shape. This will impact the delivery of housing in Witney and West Oxfordshire from the immediate term and into the future. Witney itself has more than doubled its population in the last 30 years with significant extensions to the north, west and east of the town. Continue reading Witney & West Oxfordshire Housing Development Update
I saw an article recently highlighting the most active housing markets in the UK and this made me wonder how Oxfordshire and the surrounding areas compared.
Continue reading Just how active is the Witney property market?
For a free copy of the very latest sales and lettings report, please click the link at the bottom of this post. The national report covers:
- Overview of sales and lettings markets
- Latest statistics on rent values and tenant demographics
- Landlord sentiment post-Brexit and Stamp Duty reform
We hope you’ll find this to be an interesting and informative read. Don’t forget our latest Cotswold report is packed with local information to help you navigate the property maze.
LATEST SALES & LETTINGS REPORT
We look forward to hearing from you
Managing Director – Martin & Co Witney and Cirencester
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.
A recent news article from the BBC highlighted the issues surrounding housing affordability around the country. We’ve extracted the local information to build a local picture for ease of reference. Experts recommend spending no more than 30% of your salary on housing which is where the ‘affordability’ figure comes from:
The latest of which is the lowering of the interest rates in August by the Bank of England. Whilst the impact will only be felt by savers or those lucky minority with a tracker mortgage without a collar, the big question is likely to be the effect on house prices:
Continue reading 2016 continues to be a year of shocks and surprises…
See below for Witney round up over the last 12 months. Click here for MORE interesting updates on the Witney market.
Fly to Marseille for £2.99 – I suspect that I’m not the only person that has been suckered into a slick, headline deal offering something that rarely reflects reality. The trusted service industry works largely on a model whereby a customer pays for a service once it has been delivered. Many of the new online agents take lump payment upfront in return for offering a ‘saving’, but does this really represent value for money? Continue reading Pay Upfront, Pay Twice – Online Agency
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.