Cheers seeing house with old beams (7)

I believe the answer is:

hoorays

'cheers' is the definition.
(hooray is a cheer)

'house with old beams' is the wordplay.
'house' becomes 'ho' (abbreviation for house).
'with' is a charade indicator (letters next to each other).
'old' becomes 'o' (common abbreviation eg in OE for Old English).
'beams' becomes 'rays' (rays of light).
'ho'+'o'+'rays'='HOORAYS'

'seeing' acts as a link.

(Another definition for hoorays that I've seen is " shouts".)

I've seen this clue in The Telegraph.

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