Benwell Daykin – Page 2 – RUDDINGTON.info

House Prices STILL Rising Despite Economic Outlook

3rd July 20237th August 2023 Advertorial

In an astonishing twist of events, the UK housing market has defied all expectations by experiencing an unforeseen surge in house prices during June 2023 writes Ruddington’s Benwell Daykin Estate Agents. This unexpected upward trajectory has left homeowners, potential buyers, and industry experts astounded. According to Nationwide, the surprise monthly rise of 0.1% reversed a 0.1% fall in May and confounded economist forecasts of a 0.3% fall. It pushed the average cost of a house in the UK up slightly to £262,239. Two-year fixed-rate mortgage rates have continued to climb past 6%…

Local Property Demand Remains Strong

3rd June 20233rd July 2023 Advertorial

The Nottingham property market is at the halfway stage of the year, writes Ruddington’s Benwell Daykin Estate Agents. Over the past decade, it has witnessed steady growth and resilience. From 2010 until recently, the average property prices in Nottingham rose by approximately 43 per cent, reflecting the City’s increasing popularity and desirability. Despite fluctuations, Nottingham has consistently performed well compared to the national average, thanks to factors like its thriving economy, excellent transport links, and renowned educational institutions. Using the latest housing market data, the property market in Nottingham continues to show…

First Time Buyers – Help is on the Horizon!

10th May 20233rd June 2023 Advertorial

With rent, bills and everything else to pay for in modern life, saving for a house deposit can be a real pain – and somewhat of a challenge for many of us today, says Ruddington’s Benwell Daykin Estate & Letting Agents.… You may have even started to believe that purchasing and owning your own home was simply impossible however, a leading lender may be able to help you. Skipton has introduced a new 100% mortgage offer to the market called a ‘Track Record Mortgage’. In order to qualify for the Track Record Mortgage you must…

New Financial Adviser at Benwell Daykin

12th January 20237th March 2023 Featured Content

Here at Benwell Daykin Estate Agents, we are able to offer a one-stop shop for all your selling, buying, lettings and conveyancing needs. NOW we have the added bonus of a locally based Independent Financial Adviser – right here inside our High Street office! We would like to welcome Stuart Reynolds of Equity and General. Stuart is your one-stop ‘whole of market’ solution for Mortgages, Protection and Financial Advice. He is able provide a service by phone, in person or online enabling you to get hold of someone when you…

Hope for the Housing Market as 2022 Draws to a Close

1st December 202212th January 2023 Advertorial

With the recent uncertainty in the housing market, it can be hard to know when the best time is to sell your property writes Ricky Benwell. Whether you’re thinking of buying your first home, upsizing or downsizing from your current property, keeping a close eye on the local market and house prices is always a good place to start. After a slow start to October, we have seen a recovery in both properties coming to the market and sales going through to completion. Following a rise in mortgage rates, there…

Evaluating Your Mortgage Options

8th August 20227th October 2022 Advertorial

At Benwell Daykin, we try to make our monthly posts to you as knowledgeable as possible, and try to keep them positive, so we apologise for this post about mortgage rates in advance writes Ricky Benwell. August has seen the Bank of England interest rate increase to 1.75 percent. This is the sixth this calendar year and is another attempt by the Bank of England to tackle inflation, with figures expected to potentially reach double digits by the end of the year! As of June 2022, the rate of inflation rose…

How to Make Your Property More Appealing

3rd November 20219th December 2021 Advertorial

If you’ve got your house up for sale, a Ruddington estate agent has revealed some top tips to help impress prospective purchasers. Benwell Daykin strive to give your home maximum market exposure and get potential buyers to view your property. They do this through a proactive marketing strategy, tailored to your property, which may include: Digital viewings Virtual tours 3D Floor plans Professionally enhanced photographs Extensive database of potential buyers But what can YOU as the property owner do? Here are a few tips from Senior Valuer Nick Aston to…

Guaranteed Mortgage Scheme Begins

8th April 20214th May 2021 Advertorial

Following Benwell Daykin’s previous RUDDINGTON.info article in March, detailing the extension to the Stamp Duty Holiday and Guaranteed Mortgage scheme, they are now pleased to expand on this. From the start of this month, the government has provided guarantees to UK lenders who offer mortgages to buyers, to secure a loan with a 5% deposit on a property of up to £600,000 before the 31st December 2022. The UK’s top five banks have announced their support of the initiative and many will roll out their offers and initiatives from the 19th…

Time for a New Home in 2021?

3rd December 20205th January 2021 Advertorial

Are you thinking of moving in the new year? You are not alone! Ruddington has seen a significant increase in demand to live in the area, despite the complications the pandemic has brought. Over the last twelve months, properties in Ruddington have increased in value by around 9.76%.* Factor in the stamp duty holiday and there are a lot of positives out there for home movers currently. December in the property industry is historically a quiet month, with most people busy preparing for Christmas, whilst everything else gets put on hold,…

You Can Still Buy or Sell a Property During ‘Lockdown’

1st November 20204th December 2020 Advertorial

There is obviously a lot of concern surrounding the growing threat of Coronavirus in Nottinghamshire. Although Ruddington and the surrounding areas have now entered into the governments’ Tier 3 restrictions – with another national ‘lockdown’ from November 5th – you are still able to buy or sell a home when taking the right safety precautions. It is worth noting that anyone who does want to make the most of the stamp duty cuts will have to have an offer accepted on a property before the end of November at the…