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.

Combining traditional architecture and craftsmanship with modern space and style



With the details - Lettings Manager Charlie Edwards from Reeds Rains in Waterlooville 

Reeds Rains is delighted to announce the eagerly awaited release of the first homes for sale at the new development in Yew Gardens Waterlooville within the sought-after Berewood community.

Lettings Manager Charlie Edwards for local estate agents Reeds Rains explains: “With recent reports showing the highest number of completed home sales in seven years, demand for property is increasing and we we are encouraging people to speak to us to find out how they can take advantage of the new opportunity which Yew Gardens presents. (*)

Yew Gardens Waterlooville within the Berewood community

Yew Gardens is close enough to Portsmouth and Southampton to enjoy all the facilities of the city, yet far enough away to enjoy the pleasures of semi-rural living, Waterlooville is more than just a suburb, it is the perfect blend of town and country life.

The collection of homes in Yew Gardens combines traditional architecture and craftsmanship with modern space and style.

Yew Gardens lies on the edge of the town, looking out over open countryside, with the huge South Downs National Park just a short drive away. Yet it is within walking distance of a major supermarket and the town centre.

Yew Gardens Waterlooville within the Berewood community

We are seeing lots of enquiries about purchasing property in this area and would encourage buyers to come and talk us to find out how we can help them to find the right property.”

To register your interest in one of the properties at Yew Gardens, please contact Reeds Rains Waterlooville, 226 London Road, Waterlooville, Portsmouth, PO7 7HP or call 02392 254321**


 Yew Gardens Waterlooville within the Berewood community


(*) LSL Property Services/Acadata – House Price Index - October 2014 

(**) Calls may and/or monitored for training and/or data protection purposes.

LSL New Build Index


Following the announcement of Government plans to shake up the housing market, the house building industry has once again come under the spotlight. In its latest New Build Index, LSL considers what the plans are and highlights again the changing regional picture in terms of new build prices.

James McAuley, Director of LSL Land & New Homes commented: “Although it was hoped that the Government may introduce further measures, such as a three year ‘holiday’ for affordable homes, the new plans recently announced should go some way in helping boost activity and, we believe, should to be welcomed.

“At the moment one of the main obstacles to house builders is the sheer lack of buyers who are in a position to buy due to their ongoing difficulties in raising deposits and mortgage finance. Hopefully the reported success of NewBuy and the extension of FirstBuy will help but, in the meantime, it’s clear that some developers have had to respond with price reductions - with some regions now better placed than others.

“Comparing average prices in the period September 2010 to August 2011 with September 2011 to August 2012 we see that only three regions are seeing price rises across all property types namely East Anglia, the West Midlands and the South East. In contrast Greater London, the North East, North West and Yorkshire and Humberside have generally seen price falls. An indication, possibly, of the steps developers are having to take to attract new customers.

“In terms of popularity terrace properties look, in some regions, to be particularly sought after as prices in the West Midland, Wales and Scotland suggest –increasing by 5%, 9.1% and a staggering 16% respectively.

“Only time will tell what impact new Government plans will have to future prices but hopefully with the relaxation of planning rules, the extension of FirstBuy and, of course, the fact that developers will have access to capital more easily – we’ll see a more positive picture in the future. Until then, however, we hope that mortgage lenders will play their part in kick starting the market and make credit available, not only to first time buyers, but also the wider market.”

Keith Osborne, editor of new homes portal, says: “Comparing these figures to last month’s, there seems to be a settling down of regional markets – there haven’t been many dramatic changes from positive to negative, or vice versa. This would suggest some sort of stability, something which is worth monitoring over the coming couple of months. It will be interesting too, to see whether the dramatic 16% increase in terrace home prices in Scotland is an anomaly or whether that heralds a longer-term trend north of the border.

“The launch of MI New Home in Scotland as a counterpart to England’s NewBuy scheme has been widely welcomed. Though recent figures suggest that first-time buyers have it a little easier in Scotland, it is a common theme with the house builders I see and talk to that without some sort of significant financial assistance from family, government or developers, meeting the lending criteria to buy a first home is incredibly difficult for anyone on an average salary. Let’s hope the Funding for Lending initiative leads to many more affordable mortgage options at the bottom of the market."

Graph shows average new homes prices in the period September 2011 to August 2012 and % variation over same period 2012/2011.

LSL Land & New Homes Director James McAuley Comments On Latest New Build Index


The June 2012 LSL New Build Index, exclusively launched on, looks at how the average prices of new build properties across the UK have changed and gives some insight in to the regional new build markets.

James McAuley, Director of LSL Land & New Homes commented: “Comparing average prices in the period June 2010 to May 2011 with June 2011 to May 2012 we see that, whilst there has been some falls, the overall picture looks more positive than when we compared year on year averages last month.

“Pent up demand following the extended Easter break could be a contributing factor to this and the more positive mood of some buyers who are coming to appreciate the benefit that schemes such as NewBuy and Part Exchange can offer.

“Of particular interest is the fact that average prices of detached properties across the UK appear to have improved in response to increased demand for them. One region that has seen this is the South East where detached properties have increased in value by 3% over the last year - a significant rise from the 0.7% decrease reported in last months Index.

“We believe this, to some extent, has been driven by developers who have begun to steer away from the creation of high-density apartments that were popular in years gone by. It is also their ongoing appreciation of the fact that lenders are nervous about the high loan to value mortgages that many hope to obtain on such properties.

“A similar picture can be seen across the UK with flats, apart from in East Anglia, Scotland and Wales, falling in value with prices in the East Midlands, North West and Yorkshire suffering most. In Yorkshire demand for flats and 3 storey town houses has been replaced with demand for 2/3 bedroomed terraces and semi detached new builds with average prices – compared to last month’s Index - moving upwards to reflect this.

“Across the UK too the average prices of semi detached and terraced properties have improved with the East Midlands, West Midlands and Scotland fairing particularly well.

“So, generally, the picture is not looking too bad and, after a rocky Easter bank holiday period, we are experiencing increased interest from buyers keen to make a move. The growing appreciation of First Buy, NewBuy, part exchange and assisted move schemes will, we hope, also bring further positivity to the market from both first and second time buyers.

“Location and property type, however, continue to be key and, as the market continues to change and economic challenges continue, developers must think hard about where and what they build and how to respond best to the buyers out there.”

Exclusive New Build Apartments for Sale in Oughtibridge


Reeds Rains estate agents are delighted to announce the availability of a limited number of new luxury apartments in the village of Oughtibridge, a village on the north west edge of Sheffield. The development, Langsett House, is being built by Langsett House Developments Ltd. This exclusive development, situated in an attractive location just minutes away from open countryside, is expected to attract significant attention from potential buyers.

A special launch open weekend has been organised on Saturday 31st March and Sunday 1st April where interested parties can see for themselves the homes for sale. The open weekend will take place between 12 pm and 4pm this Saturday and Sunday.

Langsett House Development in Oughtibridge

All properties have been designed and built to the highest specifications with spacious and bright living areas. The kitchens, in particular, are of the highest quality and all incorporate integrated appliances, which enhance the look and feel of the properties. The bathrooms too are considered spacious with luxurious fittings as standard. Prices for the new homes start at £130,000.

A view of the Langsett House development

The properties are being marketed by Reeds Rains in conjunction with the LSL Land & New Homes Division. The LSL Land & New Homes team, also part of the LSL Group, specialise in assisting developers with new home developments and sales including initial land sale and acquisitions as well as associated second hand sales.

Sandra Spooner, Field Sales Manager for LSL Land & New Homes commented:
"We are delighted to be working alongside Reeds Rains to market this stunning development which we feel confident will be of particular interest to those who are not only looking for a new property but who appreciate the benefits of good local amenities and transport links as well as the appeal of living near the countryside."

For further information, please contact the Reeds Rains estate agency in Hillsborough. You can visit the branch on Middlewood Road, call them on 0114 233 0250 or email them on

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