New Financial Adviser at Benwell Daykin

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…

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Hope for the Housing Market as 2022 Draws to a Close

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…

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Evaluating Your Mortgage Options

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…

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How 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…

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Guaranteed Mortgage Scheme Begins

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…

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Time for a New Home in 2021?

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,…

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

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…

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Why is Ruddington so Popular for Home Buyers Right Now?

Benwell Daykin reported last month that the property market is currently going through somewhat of a boom. Since then, many national news outlets have also reported some of the biggest property price growth seen in over five years. At our estate agency, demand for Ruddington property has always been high. However, we are seeing a huge increase in enquiries for property in the village and the surrounding areas. But why is this? The freeze on stamp duty is certainly playing its part, with more and more families taking the opportunity…

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The Property Market is Booming!

Following unprecedented times, the Nottinghamshire property market currently finds itself in somewhat of a boom says Benwell Daykin. Many predicted we would experience a dip in house prices with fewer sales and purchases following the Coronavirus lockdown. In fact, the opposite has happened! Demand for a new home is currently outstripping supply. Viewing numbers have increased on each available property and with more buyers brings more offers.  High competition means property prices are driven up, as buyers compete with each other to secure their dream home. In July 2020, Rightmove…

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