Reeds Rains Property Blog

Property News from Reeds Rains

Why buy a new build?


Have you thought about buying a new build home? Buying a new build home can present many opportunities such as picking your own décor, access to incentives and more.

There are many advantages to buying a new build home such as:

  • There shouldn’t be any big repairs or redecorating to do as everything will be brand new
  • Most new builds come with a warranty and protection scheme
  • Incentives can be available such as free carpets, help with legal fees and stamp duty, part exchange etc.
  • New homes tend to be more energy efficient
  • A blank canvas for you to make your own stamp on
  • There’s no owners which reduces the chain
  • Safety and security, new homes often have alarms, fire doors etc.
  • Location, new homes are often built where there’s high demand meaning a great and convenient location
  • Depending on the stage of the plot you may be able to choose some of the décor.

Things to consider:

  • You may have to wait for the property to be built and finished
  • Take into consideration hidden costs
  • Check what’s included in the sale
  • Do your research
  • Go along to any open days and visit the show home and always make sure you walk around the whole development

If you’re looking to buy a new build, start your search here or take a look at the below.

‘Brave the shave’ for Macmillan Cancer Support


Kim Bailes

Kim Bailes from local estate agents Reeds Rains Blyth is ‘braving the shave’ for Macmillan Cancer and will be standing proudly alongside men and women with cancer as she has her head shaved on Sunday 30th August 2015 to raise money for this worthy cause.

Kim will be braving the shave at Olivers Wine Bar, 60 Bridge St, Blyth, Northumberland, NE24 2AP at 4.00pm

‘Brave the shave’ is an event which has been set up by Macmillan Cancer Support to help men and women who face cancer.

Men and women with cancer go through hair loss and changes to their appearance that can affect everything from the way they look, to how they feel. Macmillan is available from the moment of diagnosis, through treatment and beyond, providing people the energy and inspiration to take back control of their life.

Kim Bailes says: “I will be joining the thousands of people courageous enough to ‘Brave the Shave’ and help change the lives of people with cancer. It’s fun, it’s bold, and it’s for a really important cause.

I want to help raise as much money as I can to make sure that everyone with cancer and their loved ones get the support they need.”

If you would like to donate to Kim’s Brave the Shave fund before the big day on Sunday 30th August 2015 visit her fundraising website at    

Buy-to-Let Index - July 2015


Rents rise above £800 for first time on record

  • Record surge in month-on-month increases takes average rent to new peak across England and Wales
  • Rents hit highest levels since 2009 in Yorkshire & the Humber, East and West Midlands, and London
  • Proportion of rent in arrears improves to 8.4% in July, down from 8.6% in June and 7.3% in July last year
  • Landlord gross yields have improved to 5.2%, the first substantial increase seen since March this year

Rents across England and Wales hit yet another record high in July, driven to £804 on the back of the fastest month-on month price increase seen since 2009, according to the latest Buy-to-Let Index from Reeds Rains.

On a monthly basis, rents across England and Wales rose by 1.9% in July, up from £789 the previous month in the fastest monthly rise seen since records began in 2009.

Compared to July 2014, when the average rent in England and Wales stood at £753, tenants in July 2015 are paying 6.8% more – also the largest annual rise on record.

This record-breaking increase has been driven by higher rents in Yorkshire & the Humber as well consistently strong rises across southern regions.


Mortgage Monitor - August 2015


House purchase lending falters in July as threat of base rate rise draws closer

  • July sees 65,356 house purchase approvals, down 1.8% on June due to rate-rise uncertainty
  • Annual growth slows: house purchase approvals fall 0.2% year-on-year, after three months of strong annual increases
  • Small deposit lending falls 7.1% year-on-year, with just 11,400 loans in July as banks withdraw cheapest mortgage rates

The number of mortgage approvals for house purchase has fallen back against a backdrop of the Bank of England’s threats to raise the base rate, according to the latest Mortgage Monitor from e.surv, the UK’s largest chartered surveyor.

There were 65,356 house purchase mortgage approvals in July, down 1.8% from 66,582 in June, slipping from an upward trajectory that has broadly persisted for the previous eight months.

On an annual basis there were 0.2% fewer approvals, down from 65,517 in July 2014. This is the first year-on-year fall since March 2015.

This fall comes as one member of the Bank of England’s nine-strong Monetary Policy Committee voted to raise the base rate from its current historic low of 0.5% – and as warnings of an encroaching increase continue.


Property and Prosecco Open House Event by Reeds Rains Acomb



Left to right - Lauren Blake with Estelle Moorhouse

Reeds Rains has provided a refreshing way to sell property as they have hosted a Property and Prosecco Open House Event which created a real buzz around a property for their client.

The event was held at the four bedroom, detached house in Little Ouseburn, York on a Saturday afternoon and welcomed buyers to view the property while they enjoyed a glass of prosecco and cake.

Lauren Blake, branch manager at Reeds Rains Acomb and Estelle Moorhouse from Reeds Rains York, hosted the open house, welcoming buyers and showing them around the property.


Sycamores, 94 Main Street, Little Ouseburn, York YO26 9TG

The Reeds Rains marketing team actively promoted the event using social media while the York branch network displayed specifically designed material in their windows and sent out invitations to potential buyers registered on the data base.

Lauren says: “We really like to go the extra mile for our clients and part of that is coming up with fresh, proactive ideas to reach the widest market audience. Our aim is to sell our clients property for the right price and within a reasonable time frame."

If you would like to know more about how Reeds Rains Acomb can help you sell your property and host a similar event for you, please contact Lauren on 01904 782621 (*) or email


Reeds Rains Acomb 


(*) Calls maybe recorded for training and/or monitoring purposes.


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