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.
Kedleston Road, Derby – Where People Move the Most!
Many folks say moving home is the most stressful thing. Moving home is like someone has collected all your worldly goods, put them into brown boxes and into a lorry making your whole life look like a Amazon delivery van, only to spend the next six months unpacking it all, whilst unable to find important […]
Deposits Capped at 5 Weeks Rent
The Government has announced that it is to cap Tenancy Deposits at 5 weeks rent. This article is from Property Industry Eye: Agents and landlords have united against what is being seen as the latest attack on the private rental sector by the government. In May the government said it would cap deposits at six […]
Brexit and Derby House Prices
I have been asked a number of times recently what Brexit would mean to the Derby property market. To be frank, I have been holding off giving my thoughts, as I did not want to add fuel to the stories being banded around in the national press. However, it’s obviously a topic that you as […]
New HMO Regulations from 1st October 2018
From 1 October 2018, significant changes are being made to which HMOs are licensable and minimum room sizes in HMOs in England. Changes to mandatory licensing Currently, a property requires a mandatory licence if all of the following apply: the property is a House in Multiple Occupation (HMO) (occupied by individuals who are not […]
Interest Rates Up! What now for Derby Property?
The current average value of a property in Derby currently stands at £199,300 so what will the recent increase in the base rates to 0.75% from 0.5% do to the local property market? In many of my articles, I talk about what is happening to property values over the short term (i.e. the last 12 […]
It’s all Over for the Private Rental Sector…
I want to share with you a telephone conversation that I recently had with a landlord who has a portfolio of five properties; three in Derby City centre and two in the surrounding suburbs. He wasn’t a landlord for whom we provide a management service, however, he had used us in the past to find […]
Derby and Burton Need an Additional 10000 Rental Properties by 2027…
I have been doing some research, looking both at National and Regional reports on the demand and supply of property and people together with future projections on the economy, population and family demographics with some interesting results. According to the Office of National Statistics, in the last financial year nationally, private renting grew by 74,000 […]
Son or Daughter versus Bricks and Mortar…
A strange title I know… however, this article highlights the massive problem for future generations in their ability to get onto the housing ladder. More than 13 babies have been born for every new home that has been built in Derby since 2012, thus deepening the Derby housing shortage. This discovery is an important foundation […]
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 […]
What does GDPR mean for Self Manage Landlords?
General Data Protection Regulation (GDPR) is now here! GDPR has been introduced essentially to deal with the notoriously poorer uses of individuals personal data by companies such as Facebook, Amazon, Google etc. It certainly isn’t aimed at private landlords! However, this doesn’t mean that landlords get off lightly.. the legislation means that landlords must process […]
