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newsletter 15 July 09 Prices Rise Again Significant Increases In London And The South East Nationwide Building Society report that prices for the UK rose an average of 0.9% in June with the quarterly change going positive for the first time since December 2007.. Prices in London for the second quarter rose 4.8% with the Outer Metropolitan Area following the historical trend and performing strongly. Demand Outstripping Supply The National Association of Estate Agents report in their May survey that demand is outstripping supply across the UK housing market with agents registering four home hunters for every available property. Of particular significance is that first time buyers now represent over 40% of the enquiries. The NAEA reports that the market is now much stronger with high numbers of sales during the past three months. Gap Narrowing The RICS reports that the gap between asking prices and selling prices is narrowing as new buyer enquiries and sales increase. Loans Increasing The Council of Mortgage Lenders report that loan approvals rose in May. The British Bankers' Association have revealed that mortgage approvals are at a 13 month high and HIS Insight economists report that the housing market is trending upwards - a view endorsed by Reuters in a poll of city economists. It is now clear that research from the various sources indicates a revival of the market in the South East with prices now on the increase and new properties in particular becoming in short supply. Environ has experienced its own visitor numbers nearly doubling in the last month. Stop Press Our revised website is now up and running. www.oakshamlet.com Plot 3 - SOLD Plot 20 - RESERVED Plot 26 - RESERVED Plot 52 - RESERVED Alterations To Plots 61 & 49 In response to customer comment we are currently installing additional windows to Plot 61 to maximise on daylight and views of the Green. It will now have a great location next to the ancient woodland as well as plenty of light from the south and west. We are also redesigning the front steps to plot 49 to make the access far more pleasant with an entrance courtyard with wider and shallower steps which will make the entrance far more imposing. We appreciate any comments received and will strive to act upon any suggestions. A Hit With Empty Nesters The 3 bed homes at Oaks Hamlet are appealing to 'empty nesters' living in large houses but now wishing to downsize and enjoy retirement. This is not surprising as our spacious 3 bed houses are larger than many of our competitor's 4 bed homes. Our 3 bed homes are designed to cater for those used to larger properties and wishing for a quality product that offers space for family heirlooms as well as the luxury of ensuite bathrooms and walk in wardrobes. Externally the homes look out on to beautifully landscaped areas with a Management Company that ensures that Oaks Hamlet always looks its best. The adjacent Country Park offers a wonderful amenity as well as other major leisure attractions such as the championship golf course and the David Lloyd Centre. The village centre offers all the other essential amenities close at hand. Our quality homes are built by a long established Kentish builder out of natural materials that become even more attractive with the patina of age. They are however designed with contemporary floorplans and features that provide comfortable and low maintenance living. Join our other residents. Lock up and leave and fly off to the winter sun without having to worry, safe in the knowledge that you have joined a really friendly community.

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