The £2.1 billion mortgage debt in Derby

With the General Election long gone, B-Day now passed and the recent shenanigans and political goings on in Westminster recently a fading memory, the housing market, for the time being anyway, is showing a striking resilience spurred on by the on-going wide-ranging monetary policy by the Bank of England. With interest rates and unemployment low, […]

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75% of Derby OAP’s own their own home!

I posted a recent article about Baby Boomers and Millennials and promised to look in detail at how the older generation fit into the Derby property market and here it is! Firstly, do you think the headline is astonishing? Yes, that number is staggering isn’t it… The figures… Of the 25,389 households in Derby where the […]

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HMO’s – the next Big Thing?

One of the largest buy-to-let mortgage providers, Paragon, has reported that of the landlords planning to purchase property in the next 12 months, around 31% want to buy a House in Multiple Occupation (HMO). This has increased from around 13% of landlords just three months ago. This is the highest level since 2017 and indicates […]

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OK ‘Derby’ Boomers…

A strange title for this article I know! Firstly, let me explain for those who don’t know the definitions used in this post… Boomer – a person born in the years following the Second World War, when there was a temporary marked increase in the birth rate often defined as those individuals born between 1946 […]

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Is there an Eastern European “Exodus” in Derby?

I was having a thought-provoking conversation with a Derby buy-to-let landlord a couple of weeks ago about everything to do with property. We discussed the Election result, the imminent Brexit deadline and how the reported voluntary repatriation of Eastern Europeans had affected the property market in Derby. It transpired some of his Derby tenants, who […]

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Compulsory Electric Checks are here!

It has been announced by the Government that Electrical Safety Checks will have to be carried out in all private rental properties in England according to Regulations now laid in Parliament. This is the detail as reported by Property Industry Eye on January 15th: The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020 […]

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Derby Buy-to-Let… Past, Present & Future

Investing in a Derby buy to let property has become a very different animal over the last few years. In the glory days of the five years after the turn of the Millennium, where we had double-digit house price growth, mortgage companies desperate to get on the buy-to-let mortgage bandwagon ridiculously low rates and a […]

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EPC Fines to hit Landlords from April 2020

“Washing machine energy ratings for houses” was the phrase one landlord told me a few years ago when we were talking about the colour bar chart graphs that every property has had for over 10 years now. Now these weren’t brought in to use the whole palate of ink in people’s printers, but to increase the […]

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The Renters’ Reform Bill and More Pets!

A couple of recent developments in the Lettings Sector offers more evidence of the Governments intention to make the renting experience more beneficial for tenants. Renters’ Reform Bill In the Queens speech on 19th December, Her Majesty outlined plans to introduce the ‘Renter’s Reform Bill which will be introduced to offer more protection for tenants. […]

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More Pets for Tenants!

In a surprising announcement, Housing Secretary Robert Jenrick intends to overhaul the tenancy agreement to make ieasier for tenants to have pets in their rented accommodation. Here’s how Property Industry Eye reported the statement: Robert Jenrick says more young people and families than ever before are renting and should be able to enjoy the happiness that […]

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