Welcome to the latest property update from Oakwood as we head into autumn/winter 2022, after a glorious summer.
They say that a week is a long time in politics; well, what a week (or two) we have had lately with many changes and turmoil within the Government. This is clearly affecting the property industry. Whilst it’s still early days, here are our thoughts.
We would also like to tell you that we are rebranding over the coming weeks to Oakwood Property Services, to better reflect the breadth of work we now do in the business. We’ve changed a bit ion the last three years!
ESTATE AGENCY
Hannah Murphy has been promoted to look after our sales and lettings and has made a great start with a number of sales now agreed and reported to solicitors, with more stock on the horizon to be brought to the market in the near future. It’s too soon to predict what the interest rate changes, inflation and cost of living will do to property prices in our area, but early indications are almost life as normal. It is most likely that the impact will be hardest felt in first time buyer territory, and we expect little demand from investors for buy to let for the foreseeable future.
Our team, which is led by qualified chartered surveyors, specialises in rural property and development sites throughout Cheshire, but also sells residential and commercial property in the north Cheshire area.
If you are looking to sell your property in the coming months, call Hannah for a no obligation chat and to arrange a free, no obligation property visit.
LETTINGS AND MANAGEMENT
Since buying Morrison Property Services nearly two years ago we have developed the portfolio of lettings and management, led by Ciaran Dwyer, mainly throughout north Cheshire and south Manchester. We have an inhouse accounts department and offer a full management service across all property sectors.
Demand for residential property has been very strong, and we have also let commercial property across the area. The commercial market is more selective as tenants are having to identify where they need to be, in light of post-pandemic changes.
We are happy to advise landlords on the ever-increasing compliance regime and make sure that properties are safe and well managed.
If you own let property and require advice on management call Ciaran for a no obligation discussion.
VALUATIONS
The business was founded on doing property valuations and this area has grown. Our Associate Lydia Sirovica looks after the setting up of valuations and the team deliver into the rural, commercial and residential sectors. We undertake valuations for a range of purposes.
If you require a valuation for a dispute (including matrimonial), purchase, family/business succession planning, or for your pension fund then call Lydia to discuss how Oakwood can help you.
OPTIONS AND PROMOTIONS
Our directors Graham Bowcock and Andrew Aspinall are qualified chartered surveyors and have a wealth of experience in setting up development sites for farmers and landowners. We undertake a no obligation review of sites then, if agreed, will introduce developers or promoters to take sites on to secure planning consent. There are countless issues that we consider for our clients when setting up such agreements to make sure they are protected, with clarity as to what is expected.
If you own land in the north west that you think has got potential, phone Andrew or Graham for an initial discussion.
PROFESSIONAL SERVICES/ASSET MANAGEMENT
Given the wealth of experience of our directors and staff, we are also involved in helping clients with a range of property related matters, such as purchase and lease advice, family succession planning, compensation claims (including currently HS2 and the Hynet hydrogen pipeline).
If you are approached about your property, from a third party looking to buy or rent it or simply want to look at the options available to you to maximise income or value then we’d be delighted to speak with you.
EVENTS
Over the lovely summer we have had a few events for our clients and contacts. These have included a number of “Walk and Talk” events at Bidlea Dairy in Goostrey and a local professional’s Thirsty Thursday at The Con Club in Altrincham. We will repeat these in the run up to Christmas so if you’d like to join us please let us know and we will get you on the guest list.
