COVID-19 and the Derby Property Market

So, we are into our third week of lockdown. I speak to agents from all over the UK through social media and letting agent forums, and believe or not, letting enquiries are still being received even in these unprecedented times. The question I have been asked so many times recently by landlords, tenants and investors: […]

Continue Reading

COVID-19: Rights, Obligations & Responsibilities of Landlords and Tenants

The last three or four weeks, unquestionably, have been one of the most life-changing times we have seen since World War 2. The imminent threat of the Coronavirus has taken over the world, the UK and our local communities and will challenge you, our families, our relationships and test us all. The drive of this […]

Continue Reading

Stamp Duty and The Budget..

If you are buying a home in England costing more than £125,000, you will have to pay Stamp Duty Land Tax on the purchase of your new home. In the provinces, it’s called something slightly different, so if you are buying a property in Scotland over £145,000 you will pay Land and Buildings Transaction Tax […]

Continue Reading

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, […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

Is Derby too Densely Populated?

I was listening to the radio on my way into the office the other day and a discussion was taking place about the poet William Blake and his poem ‘And did those feet in ancient time’. One of the lines in the poem refers to ‘Englands green and pleasant land’. I was, as is normal […]

Continue Reading

Is Social Housing the answer to the ‘Housing Crisis’ in Derby?

The Chartered Institute of Housing has recently carried out a survey on the state of housing in Britain. Here are some of the headline findings: Almost 75% of people across Britain think there is a housing crisis. Over 50% think politicians are not doing enough about it, and most people believe that more social housing […]

Continue Reading

Home Ownership for Derby’s Young People has Halved

The proportion of 25 to 34-year olds who own their home in Derby has nearly halved in the last 20 years. So what does this mean for all the existing Derby landlords and homeowners together with all those youngsters considering buying their first home? Here are the Stats… Homeowners – Well, looking at the numbers […]

Continue Reading

The Derby Monopoly Board

The good old ‘Board Game’ seems a thing of the past for youngsters nowadays with their consoles and mobile phones, however, a family favourite in our household that will bring young and old together is Monopoly. A couple of weeks ago we had a typical English summer storm so we decided to get the board […]

Continue Reading