Tag: High Street

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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Do You Need a ‘Mummy MOT’?

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Rushcliffe Physiotherapy and Sports Injury Clinic are excited to announce that one of their Pelvic Health Physiotherapists, Carrie Martin (pictured above), has recently become accredited as a provider of the specialist ‘Mummy MOT’. As the only provider of The Mummy MOT in the south of Nottinghamshire, Rushcliffe Physiotherapy is pleased to be able to deliver specialist care to not only post-natal mums but also those expecting. A Mummy MOT provides patients with a tailored approach to assessing posture, pelvic floor muscles and stomach muscles post birth, with gentle exercises and…

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Easter 2023 Colouring Competition

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Both children and adults in Ruddington are being invited to take part in an ‘egg-citing’ challenge up to and including Easter for a chance to win various prizes – including lots of chocolate, of course! This competition is now closed – and the winners are listed below.* The ‘Easter Colouring Competition’ is run each year by village-based Independent Estate and Letting Agents Benwell Daykin. General Manager Ricky Benwell explains: “Our company is very much a family orientated business and we believe that we should be as active in the village community…

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New Digital Retail Adviser Visits Ruddington

Graham Wright

Ruddington’s independent fashion outlet on Church Street is among the Rushcliffe-based businesses now benefitting from professional advice to develop their digital offer alongside in-person sales at their retail premises. Utilising UK Shared Prosperity Funding (UKSPF), Rushcliffe Borough Council (RBC) has contracted East Midlands Chamber’s Steve Phillips as one of its experienced Business Advisers to deliver the project here in Ruddington and beyond. RBC is one of the first authorities in Nottinghamshire to use this new £25,000 funding from central government to respond to the pressures our high street traders are facing currently. Between now…

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New Financial Adviser at Benwell Daykin

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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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