For the past couple of years there have been rather more businesses on one side of Ruddington’s main shopping street than the other, thanks to one or two departing traders and some major shop redevelopment work at the former Barclay & Cook store. Now that the last vacant shop unit on the eastern side of High Street is filled – the one previously occupied by Nottingham Building Society – we will get some ‘Symmetry’: not least because that’s the name of the Chiropractic business which will be starting there soon,…
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Buy To Let Investments
The Times newspaper had an article recently asking the question: “Should I Invest in a Buy To Let Property in 2022?” They confidently replied with a resounding YES! …says Benwell Daykin. Two Nottingham postcodes occupied spaces one and two on their highest average yield locations in England, with NG7 giving 11.3% and NG1 giving 11.1% on average. Meanwhile, the same newspaper reports that banks are doing all they can to attract landlords in 2022 by offering low interest rates on buy-to-let mortgages (Mortgage Works, Nationwide’s buy-to-let arm, has a two-year…
Read MoreHappy New Year from Team Benwell Daykin
The last twelve months have seen unprecedented times for many of us – and estate agents are no different says Benwell Daykin. This year has seen the property market flourish like never before. A continued increase in house prices and demand far outstripping that of supply are considered to be the main reasons for the continued robust price growth. Average UK house prices defied expectations and continued to climb over the last few months despite the phasing out of the government’s stamp duty holiday at the end of September. Nationwide,…
Read MoreHow to Make Your Property More Appealing
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…
Read MoreChristmas Street Market Confirmed
The organisers of Ruddington Village Market say this December’s Christmas event will be returning to High Street and St Peter’s Church – after being scaled down last year to take place only on The Green because of COVID-19 concerns. Ruddington Village Centre Partnership (RVCP) took over the responsibility of organising the annual ‘Christmas Fayre’ from Ruddington Parish Council early last year, with plans to combine it with their festive December Village Market on The Green to make it bigger and better than ever. However, with the Coronavirus pandemic creating major public safety…
Read More‘Fiver Fest’ is Back!
Over the next fortnight, Ruddington residents and visitors will have an extra incentive to visit our village centre, with many local traders, such as Philo’s Deli & Gift Shop (above), offering selected products and services for just £5. It’s a national initiative run by ‘Totally Locally’ – a grass roots organisation which has been helping businesses and High Streets to help themselves since 2009. ‘Fiver Fest’ happens for two weeks from Saturday 9th October when thousands of independent local businesses come together to highlight their contribution to the ‘Great British High Street’. Mark Pinks from…
Read MoreHouse Prices Increase by the Most Since 2007
Mortgage lender Halifax has reported this week that house prices in the UK rose by the most in almost 15 years during September. This came as the stamp-duty holiday came to an end – and the Halifax predicts that prices will continue to climb to new record high levels. Prices rose by 1.7% from August, the biggest monthly increase since February 2007. In annual terms, house price growth also accelerated to 7.4% from 7.2% in August having slowed in each of the previous three months. The housing market in the…
Read MoreUpdate to Stamp Duty Thresholds
Reduced ‘stamp duty’ rates on residential properties from the 1st July will be an added bonus to so many prospective home buyers says Benwell Daykin. It means that if you buy a residential property between July 1st 2021 and September 30th 2021, you start to pay Stamp Duty Land Tax on the amount you pay above the threshold of £250,000. From October 1st 2021 the zero rate band will return to the standard amount of £125,000. The rates from the October 1st 2021 are: Up to £125,000 – Nil The next…
Read MoreWould You Like to Sell Your Own House?
Well now you CAN – in partnership with Ruddington’s own Benwell Daykin Estate Agents. The vast majority of home buyers these days place their enquiries via one of the major property portals such as Rightmove, Zoopla and On the Market. As a private individual you are unable to list your property for sale directly with one of the property portals and, as such, until now you’ve had to appoint an estate agent to do so. But no longer! Senior valuer, Nick Aston explains: “With our new property marketing service, we will…
Read MoreBig Boom in Bungalows
It seems the demand for bungalows in and around the Ruddington area continues to surge, and, despite a number of new homes’ sites, very few of them accommodate for this. According to the latest figures released by retirement housebuilder, McCarthy Stone, 70% of over 65s would consider moving into a bungalow. However, the build rate of this house type is actually plummeting! It’s thought the increase in demand could be due to a number of factors, but the COVID-19 Pandemic certainly has played its part. As we spent more and…
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