Tag: High Street

Property of the Week

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This week’s Benjamins featured Ruddington property is a three bedroomed semi-detached house  | close to local amenities | with modernised interior including brand new bathroom | driveway | south facing enclosed rear garden | great public transport links | a moments walk from St Peters C of E Junior School | available 4th December 2023 | up for rent at £1,275 per month.   You can view this property in a new browser window >>HERE<<. Please contact Benjamins Estate Agents directly for more information, or to arrange a viewing, by ‘phoning 0115 937 1713 or emailing…

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November Village Market Cancelled!

Graham Wright

Organisers of Ruddington’s popular monthly market have announced their decision to cancel this month’s event over health and safety fears due to the extreme autumn weather. It was due to be held this Saturday, 4th November on The Green and, as normal, would have featured around 80 stalls, food and drink, ‘live’ music and other attractions. However, the effects of Storm Ciarán on top of other recent persistent rainfall have made ground conditions on The Green unsuitable. Mark Pinks, of Ruddington Village Community Partnership (RVCP), says: “As a community group of village…

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Local House Prices Defy National Averages

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Today (1st November 2023) Nationwide have stated that property prices are on the rise once again. Prices had dipped marginally in most areas of the country and many experts predicted there would be a further decline throughout the remainder of the year. Thankfully, this now appears not to be the case reveals Ruddington’s Benwell Daykin Estate Agents. What about Nottingham property? Nottingham has always remained one of the strongest area for housing price growth across the country. This year is no exception. Despite decreases in almost every area of the UK,…

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Property of the Week

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This week’s Benjamins featured Ruddington property is a recently built, contemporary apartment | with one bedroom  | open plan living space | secure entry system | amazing village centre location | right next to shops and hospitality venues | great public transport links | available 1st November 2023 | up for rent at £750 per month.   You can view this property in a new browser window >>HERE<<. Please contact Benjamins Estate Agents directly for more information, or to arrange a viewing, by ‘phoning 0115 937 1713 or emailing info@benjaminsproperty.com Benjamins Director Ben Featherstone says: “We are…

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Is it Now Cheaper to Buy or Rent a Property?

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This year the UK economy has hit some challenges; energy costs, high inflation, plus much more. With this, house prices have changed and so have mortgage payments writes Ruddington’s Benwell Daykin Estate Agents. The latest figures from Nationwide state that house prices have fallen at their fastest rate in August since 2009. Although this sounds like doom and gloom, the average house price back then was £162,112 compared to today’s price of £286,000. This means that anyone looking to move should still turn a tidy profit. Although this probably isn’t…

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Interest Rates and Home Owners

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On Thursday 3rd August 2023, the Bank of England raised interest rates by another quarter of a percent writes Ruddington’s Benwell Daykin Estate Agents. This has now taken the base rate to 5.25 per cent and is the 14th consecutive hike. This is also the highest interest rate since March 2008, the year of the financial crisis. So what does this mean for you? Why are interest rate rises happening? By rising interest rates, the Bank of England is hoping to bring down inflation. Inflation is very high right now…

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THREE Day Christmas Market Revealed

Graham Wright

Organisers of our monthly Ruddington Village Market have announced yet another departure from the norm for their festive offering this year; they’re planning to run it over THREE days! Ruddington Village Community Partnership (RVCP) has revealed the 2023 dates and times will be Thursday 30th November 4pm – 9pm, Friday 1st December 4pm – 9pm and Saturday 2nd December 11am – 5pm. However, it’s not until the final day the Christmas Market will include additional stalls on High Street and Church Street – which is also when the usual road closures…

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House Prices STILL Rising Despite Economic Outlook

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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%…

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Local Property Demand Remains Strong

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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…

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First Time Buyers – Help is on the Horizon!

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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…

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