We think it is important to keep our customers up to date with local property news as well as any developments within the lettings industry.
Derby Post Lockdown Property; 6 Weeks In
From talking to most of the Derby estate and letting agents and our own findings, it might surprise many of you that new enquiries from homebuyers, tenants, landlords and home sellers have been at record levels since lockdown was lifted from the property market in mid-May. There are a number of reasons for this. Firstly, […]
Is Time Running Out for Buy-to-Let in Burton?
…should Burton homeowners and landlords be worried? In 2019, the private rented sector accounted for just over four and a half million households or 19.9% of UK households, no change from the year before. Interesting, when compared to the proportion of private rented households in the 1980’s and 1990’s, when the proportion of private rented […]
Landlords to Blame for Derby’s Housing Crisis?
Isn’t it strange that nobody boasts they are a buy-to-let landlord anymore? Roll the clock back to the early millennium and you couldn’t go to the local golf club, meet up for a pint after work or shop at a Waitrose without someone dropping “buy-to-let property” into the conversation as easily and as often as […]
Government Guidelines for Electrical Checks
These new Regulations require landlords to have the electrical installations in their properties inspected and tested by a person who is qualified and competent, at least every 5 years. This means that all landlords now have to make sure the electrical installations in their rented properties are safe. The Ministry of Housing, Communities and Local […]
The Lockdown Landlords of Derby
Despite Government regulations that have been in place since the 26 March 2020, when in-person viewings were made illegal, Derby buy to let landlords have, during that time, been chomping at the bit to build their property empire by looking at buying additional properties for their Derby buy to let portfolio. There are plenty of […]
Housing Market Starts Back Up – Guidance
At 10:00pm on Tuesday 12th May 2020, minister Robert Jenrick announced that estate and letting agents could return to wok from 13th May – the following day. As one of the first business sectors to be ‘let back’ to work, it is essential that agents are responsible and have plans and protocols in place before […]
270 Burton Homemovers in Limbo
An immediate fallout of the Coronavirus pandemic is that it has placed many Burton house moves on hold. Government guidelines state all house buyers and house sellers who are in the process of selling their Burton homes and moving to a new property must adapt to these temporary arrangements, adjusting their usual practices, agreeing different […]
7% of Derby People Worked From Home Before Covid-19…
Before the Covid-19 pandemic hit, around 8,000 Derby people worked mainly from home, or about 7% of Derby’s 116,254 workforce compared to the national average of 14.9%. Yet over the last few weeks, many thousands more Derby workers have joined them in their spare rooms, or at their kitchen and dining room tables. Amongst warnings […]
Electric Shock Treatment for Landlords…
Electricians are going to very busy in the next 11 months as they will have to test the electrics of every private rented property in Derby and Burton and potentially may have to install new fuse boards and wiring in some instances. New regulations set out in the Housing and Planning Act 2016 gave the […]
Homes (Fitness For Human Habitation) – FFHH
The FFHH Legislation It’s unusual for a piece of legislation to put letting agents, tenant groups and politicians on the same side of a debate, but the Homes (Fitness For Human Habitation) legislation has done just that. The initial Bill was introduced by Karen Buck MP back in 2015 and came into legislative force last […]
