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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Property of the Week
This week’s Benjamins featured Ruddington property is a period, terraced cottage: with original Victorian features | three bedrooms | two reception rooms | breakfast kitchen | private rear garden | central village location | and the guide price now reduced to £270,000 – £275,000. 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 extremely excited to team up with RUDDINGTON.info to bring…
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This week’s Benjamins featured Ruddington property is a modern, semi-detached house | with two bedrooms | family bathroom | private rear garden | off-road parking | an ideal investment or first time purchase | with an asking price of £240,000 and no upward chain 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 extremely excited to team up with RUDDINGTON.info to bring you this ‘Property…
Read MoreInterest Rates and Home Owners
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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This week’s Benjamins featured Ruddington property is an immaculately presented detached house | with four double bedrooms | master en-suite | large living room | kitchen/diner | office/snug | separate utility room and downstairs WC | single garage and off-road parking | professionally landscaped rear garden | and a guide price of £460,000 to £475,000 and no onward chain. 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…
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This week’s Benjamins featured Ruddington property is a beautifully extended detached family home | with four double bedrooms | spectacular master bedroom & open ensuite, featuring a solid brass freestanding bath | loft conversion | additional snug/office | open plan kitchen/diner | downstairs WC and utility room | generous driveway with EV charger & integral garage | private lawned rear garden with decking & pergola | priced at £625,000. 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…
Read MoreHouse Prices STILL Rising Despite Economic Outlook
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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This week’s Benjamins featured Ruddington property is a four bedroomed semi-detached family home | extended to the rear | with large kitchen/diner/lounge | utility room and wc | large gated driveway with garage | and south west facing garden with summer house| on the market at £625,000. 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 extremely excited to team up with RUDDINGTON.info to bring you this ‘Property of…
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This week’s Benjamins featured Ruddington property is a three bedroomed detached family home | in a quiet village location | newly decorated and well presented throughout | with downstairs WC | open plan kitchen diner| separate al fresco dining areas | off-road parking| private rear garden | and a guide price of £385,000 to £400,000. 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 extremely excited to…
Read MoreProperty of the Week
This week’s Benjamins featured Ruddington property is a beautifully extended semi-detached home | with four bedrooms | loft conversion with en-suite bathroom | in a quiet cul-de-sac location | with off-road parking| private rear garden with patio | close to the village centre | and a guide price of £375,000 to £385,000. 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 extremely excited to team up with…
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