1. Waiting for the Boxing Day Bounce

    18 December 2017

    December is generally quiet in the estate agency world. It’s usually a good time to tidy the office and catch up with filing as families prepare for Christmas. Free valuations tend to dry up and most of us don’t want to be having photos of our houses taken with a Chritmas tree in the living room or a reindeer it the front garden.

    The property management side, however, never lets up; there is always a job to organise or a repair to sort out. Biggest dread is that someone’s heating packs in on Christmas Eve. I can remember dropping electric heaters off on many occasions.

    The Boxing Day Bounce is a recent phenomenon thanks to the emergence of the internet. This is the day that home movers start their online search for a new place to live. The property portals and agents web sites get thousands of visits before  the real activity starts in the New Year.

    Facebook is always open and we can always be contacted one way or another when the ofice is closed. Just look up renownestates.

    We look forward to seeing and hearing from you.

    In the meantime we hope you have a great Chrismas.


  2. Leaseholds. A national scandal.

    29 January 2017

    This issue needs investigation at the highest level.

    Organisations are set up to fight the traps being set by many developers to catch unsuspecting buyers.

    There’s now a National Leasehold Campaign On Facebook,  a web site, Leasehold Knowledge Partnership, as well as our Own Cramlington Leasehold Organisation. Rip Off Britain and the Telegraph are on to it too.

    Please get involved and share.

  3. Calling All Landlords!

    23 May 2014

    According to a recent estate agency survey, conducted by the Relocation Agent Network, of which we are member, not only is now a good time to be a landlord, but it is a strong buy to let market and re-sale values have also increased in the last three years.

    Relocation Agent Network, the national network of independent estate agents asked its members whether the re-sale value of a typical two bed investment property has increased or decreased in the last three years. A third indicated the value has increased by up to 10% and another fifth reported a 15% rise.

    The national survey also looked at what prospective tenants consider to be the most important factors when looking for rental accommodation. The majority of survey respondents (46%) cited location as the top priority, followed closely by the cost of a property (37%).

    Paul Reynolds from Renown Estate Agents, the member of Relocation Agent Network in Cramlington, Northumberland said;

     “This survey brings good news for current landlords and those considering becoming a buy to let investor. Not only is it a strong rental market, you’re also getting capital growth as well as rental yields.

    “If you have a property to let, contact us today. We’re Relocation Agent Network’s appointed Local Expert for Cramlington and have been for over 15 years which means we have access to out of town tenants moving into the area.”

    About Relocation Agent Network:

    Relocation Agent Network is a national network of specially selected estate agents. All members are handpicked after thorough checks identify them as the best estate agent to represent Relocation Agent Network in their area. The Network provides coverage throughout England, Scotland and Wales. Relocation Agent Network is a division of Cartus, the premier provider of global relocation services, with nearly 165,000 customers moved worldwide every year. In the UK, Cartus uses Network members to buy and sell homes for these relocating families. As well as relocating families moving with Cartus, Relocation Agent Network helps house movers in other parts of the country by referring buyers and sellers from one area to another.

    Contact: For further information, please contact Paul Reynolds at Renown Estate Agents on 01670 730073 and/or email paul.reynolds@renownestates.com

  4. We sell houses faster than any other agent in Cramlington. Want proof?

    7 March 2014

    Here’s an interesting fact…..

    Zoopla’s estate agent statistics show that Renown Estate Agents sell properties more quickly than any other Cramlington estate agent – and by quite some margin too!

    The proof is in the pudding as they say. So get ready for dessert!


    Screenshot taken from Zoopla.co.uk on 6th March 2014.


    Faster by some margin – too right – by up to 16 weeks faster. That’s three MONTHS!

    And for any sceptics out there, the same statistics also show that we have the second largest number of properties for sale in Cramlington, so these findings are not based upon a smaller pool of properties to sell. Quite the contrary.

    If you would like to see your home faster than it can be sold at any of the agents mentioned above (probably), or you’d like to know how we do it…

    Give us a call on 01670 730073


    6 March 2014

    According to Zoopla their research shows that we sell properties more quickly than any other Cramlington Estate Agent.

    Another good reason to use Renown then!

  6. So selling houses is ‘Easy’, is it?

    3 March 2014

    As most of you may know… I don’t fly a plane.

    Why? I never learned how to.
    The founder of Easyjet is reported to be looking to get into the estate agency business. I wish him every success.

    I’m off for my first flying lesson. Can’t be that hard.

    If he wants a lesson or two on my industry he can always give me a call. Could do a trade maybe. Anyone know his number?
    Asda tried it and gave up.
    So did Lloyd’s Bank,
    General Accident,
    Bradford and Bingley
    and Halifax.

    Go figure.

  7. Is this the right time to move house?

    27 February 2014

    Is this the right time to move house? That depends on you.

    Estate agents can tell you that they need your house on their books and offer all sorts of cut price deals but if it isn’t the right time for you then their assertions fall on deaf ears.

    Here at Renown we take the view that we are here to help you move when the time is right for you.

    Should you have been considering a move because your circumstances have changed then a good place to start would be to look at the value of your current home, the costs involved and availability of mortgage finance.

    We don’t charge anything for advice, valuations are free of charge and we can put you in touch with an independent mortgage advisor if you would like us to.

    We won’t put you under any pressure.
    We won’t harass or pester you via telephone.

    That’s not our style.
    We’ve been helping people move home for over thirty years.

  8. First time buyers return affects rent levels.

    20 July 2013

    Rents held steady in June, defying the usual seasonal increase of the last five years, as the surge in FTB numbers eased the strain on the rental market, according to the latest Buy-to-Let Index from LSL Property Services.

    The average rent in England and Wales remains the same as in May, at £737 per month.  This comes after monthly rental inflation has been slowing for a number of months, and compares to an average 0.8% monthly increase in June over the five years since 2008. The continued slowdown leaves rents only 2.6% higher than in the same month last year – below the rate of CPI inflation (2.9%).

    The number of new tenants in June also indicated a slightly cooler rental market. Across England and Wales there were 0.8% fewer new tenancies in June than in May. However, activity has still seen strong annual growth.  The number of new lettings in June increased by 3.5% compared to the same month in 2012.

    Regional variation remains. Five out of ten regions saw rents rise in June. The sharpest monthly increase was in the East Midlands, where rents have risen 0.7% since May.  Second fastest were the North West and South West, with average rents in both regions seeing a 0.5% monthly rise.

    The quickest monthly falls were in Wales, where average rents are down 1.9%.  Rents in Yorkshire and the Humber fell by 0.6% since May, while the West Midlands saw average rents drop by 0.5%.

    Meanwhile, rents in the South East have fallen by 0.4% between May and June, representing a sharp decline from only the previous month. By comparison, between April and May the average monthly rent in the South East had grown by 0.2%.

    On an annual basis, rents in seven out of ten regions remain higher than in June 2012.  London remains the region with the fastest annual rent rises, up 6.4% from a year ago.  However June’s figure is much slower than the recent peak of 7.9% rental inflation registered in the capital in March.  The East Midlands experienced the second fastest annual rises, with rents up 3.4% in June, followed by the North East with rents on average 2.5% higher than a year ago.

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