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.
Property Manager Vacancy
Professional Properties is looking to recruit a permanent Full Time Property Manager to join their successful, friendly and hardworking team based in Derby. The successful applicant will join our Propertymark training programme to assist with career progression. The successful candidate will be part of a team managing a large portfolio of residential on behalf of the landlord. Experience […]
“Lets with Pets”… It’s Time to Paws for Thought…
Tenants with pets are often dismissed out of hand by landlords who are worried about potential damage to their property. This is very understandable. However, opening up your property to tenants with pets will maximise its rental potential and by excluding pet owners, you are missing out on a huge part of the rental market. […]
Letting Tip #4 – Prepare Your Property For Let
In the lettings market at the moment, demand is high and supply is relatively low. It is essential that you present your property in its best possible light to attract the best tenant. As a landlord, you want tenants fighting over your property as this will ensure you achieve maximum rent. Whether you conduct viewings […]
Create Your Personal ‘Buy-to-Let Road Trip’…
Property Investment can be a very financially rewarding experience… or it can easily turn into a financial nightmare! We’ve found that the most successful landlords are the ones who squeeze the most out of their potential investment and have a predetermined goal or endgame. With this in mind, we have developed our ‘Buy-to-Let Road Trip’ which […]
Derby Tenant Deposits are almost £11,000,000
When the Tenant Fee Ban comes into force on 1st June, tenant’s deposits will be capped at five weeks rent. This means that Derby landlords will soon only be protected in the event of a single month of unpaid rental-arrears, at a time when Universal Credit has seen some rent arrears quadrupling and that’s before […]
Letting Tip #3 – Renovations & Decor
It’s no secret that rental properties can often take a bit of a beating, it’s the nature of the beast. Therefore it is vitally important to decorate or renovate with that in mind. Renovations and Decor Understandably, most novice landlords make their investment property aesthetically pleasing for as little as possible but that can be […]
Number of Bedrooms… Homeowners v Tenants in Derby…
My good friend at AKS Residential, Andrew Sanderson, sent me a graphic a couple of days ago to use on social media. However, it prompted me to investigate the issue further. Here is the graphic… Now, children equals bedrooms and the conventional way of categorising property in Britain is to look at the number of […]
How Has Mortgage Lending Changed?
Lender confidence in the Buy-to-Let sector is on the up as the number of Buy-to-Let mortgage products now available is increasing all the time. This, despite more legislation as well as changes to landlord taxation rules. Irresponsible mortgage lending was largely blamed for the financial crash in the late ‘noughties’ and, not surprisingly, lenders were […]
Letting Tip #2 – Taxation & Stamp Duty
All property transactions involve paying some sort of tax and investment properties are no different, if fact, landlords can bear the taxation burden more than most! You do need to understand the implications of both taxation and stamp duty on your investment purchase… Landlord Taxation and Stamp Duty Landlord Taxation When you start renting out […]
The Derby Property Market in 2019…
Derby property values are unexpectedly 6.8% higher than at the end of 2017, notwithstanding the uncertainty and threats over the potential impact of Brexit in 2019. This has exceeded all the predictions, or to be more specific, guesses of all the City of London economists, in an astonishing sign of strength for the local Derby […]
