Mortgage Rates Falling
Months of turmoil in the mortgage markets, which has seen borrowing rates rising with all lenders, have at last begun to ease. Neil Butler director of Ocean Mortgages says "being independent we are uniquely placed to watch the whole of the market and pass on the best deals to our clients. In recent months we have had a limited number of funds offering decent value. Over the last couple of weeks however, we have seen a marked turn around with many lenders again competing with each other to offer the best rates". Ocean have access to the whole of the mortgage market and can recommend finance from any lender. Neil Butler has access to a rate of 4.99% fixed for 2 years through a major high street lender. Neil or one of his team is happy to meet clients at any of our 8 Ocean branches or can even meet clients in their home if that is more convenient.
Open Evening at the Deco Building
Open evening Thursday 11th September. These 7 spectacular apartments at the popular Paintworks development in Arnos Vale will be opening their doors on the evening of Thursday September 11th. Staring from 5pm until 9pm, all of the apartments will be available to view.
Come along and see the apartments for yourself. A mixture of one and two bedroom apartments will be on offer – with terraces and parking also available.
True to its reputation – The Paint Houses at The Deco Building carry on the style and theme of the rest of the development with top specification and materials being used throughout.
To register your interest in the up coming launch and wish to have a look at this exciting development – then please call 0117 3660070 or email newhomes@ocean-estate.co.uk.
House price to rise by 25%
The average house price in England will rise by 25 per cent over the next five years to reach £274,700, despite fears of a housing market crash – according to a new report published today by the National Housing Federation.
The document – researched by independent economists Oxford Economics – forecasts that house prices will fall in 2009, start to recover in 2010, and then rapidly increase from 2011.
The paper, entitled Home Truths 2008, says that house prices will increase by:
5.2 per cent in 2011
9.2 per cent in 2012, and
9.3 per cent in 2013 – with the typical price at the end of the period being well above the average in 2007 of £222,600.
In the short to mid term, it says house prices will:
Fall by 2.1 per cent in 2009, and
Increase by 1.3 per cent in 2010.
The report also states that while demand is growing, supply of new housing is falling, with only 75 per cent of the new homes required being built each year.
Ocean Mortages Rate Watching
16 July 2008
Neil Butler Director of Ocean Mortgages has been keeping a keen eye on mortgage interest rates. Following months of increases in the interest rate offered by the Banks and Building Societies, Neil has seen rates start to trend downwards with Nationwide cutting its tracker rates this week by up to 0.46% . Neil is an independent mortgage advisor and is able to offer free advice from any of our 8 branch network.
Ocean Property Lawyers Moving home
26 June 2008
Ocean Property Lawyers, a sister company of Bristol's leading independent estate agent, Ocean Home, has aquired new premises on the Gloucester Road, next door to the estate agency. The lawyers who, on average help 1000 people a year move home, have given up their old premises on the Gloucester Road and have taken up residence in new, larger, state of the art offices at number 199 Gloucester Road. Jon Aldous, director, says "due to our increasing workload and to allow us to offer more services such as Home Information Packs, we have invested heavily in a once derelict building, giving it the Ocean treatment. We now can accommodate our larger team and have dedicated meeting rooms for our clients plus a Home Information Pack processing centre." Ocean are also pleased to announce that Kirstie Wilkins has been promoted to director of the conveyancing company, having worked within the Ocean group for 12 years.
Negotiator of the Year
Following the end of ocean home's financial year, it is with great pleasure that we can announce the Negotiator Of The Year for 2006/2007 is Jake Grady. Jake has had a wonderful year at our Filton office, excelling in all departments. With this in mind Jake has recently been promoted to be one of newest Branch Managers, taking control of our successful Bradley Stoke office. No doubt Jake will inspire his team to continue providing a first class service and push for the accolade again in 2007/2008. Well done Jake.
Buyers camp overnight to secure flats
The much anticipated launch of the landmark Robinson Building in BS3 took place on the 29th September. The development which consistes of 100 flats attracted overnight campers hoping to put deposits on the best units. Mary Forman, sales manager of Ocean Land and New Homes said " the excitment in the run up to the launch of the development has been amazing. We are delighted that buyers have seen what a fantastic site this is and that the building is so special". Following the Launch weekend Ocean Land and New Homes have reserved 60 units, far exceeding expectations. Call 0117 366 0070 to speak to the sales team.
Bristol is top city for home movers
Bristol has been named as the most popular destination for prospective homebuyers, according to research by email4property.co.uk. The city has recieved more interest than any other destination in the UK. Records taken from their site over the past six months have shown that Bristol, on average, has received over 10,000 more online searches for property each month than any other city.
A large number of young professionals are now either choosing to move to the city, or opting to stay after university to take advantage of the thriving local economy and opportunities within the many financial, technical and creative industrys.
Ocean rodaway
ocean have bought fellow independent estate agent Rodaway & Son.
The addition of the Rodaway business brings ocean’s total number of Branches to ten, including the legal and the letting and management divisions and makes Ocean one of the largest independents in Bristol.
Rodaway’s staff have joined ocean, bringing the total number of ocean staff to over 100. Nicky Rodaway said, “We have known Paul Harris and ocean for very many years and I believe we share the same commitment to high standards and customer service. We feel very comfortable leaving the business in their capable hands”.
ocean Director Ross Kieran said, “We are delighted that the Rodaway offices will be joining the ocean fold. They are a very well established and highly respected business and we share the same service-led approach. Both office locations are a perfect complement to our own and we are very impressed with the staff, who will become part of the ocean team.”
The Rodaway family started their estate agency business in Westbury on Trym thirty nine years ago, adding the office in Shirehampton in 1992. They moved to larger premises in Westbury in 2001.