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: […]

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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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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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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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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 […]

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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 […]

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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 […]

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How Property Affordability in Derby has Changed…

The 6th June 2019 marked the 75th Anniversary of the D-Day landings and whilst watching the coverage and images on television, it prompted me to think of the huge changes that have happened to Derby, and more specifically, the Derby property market since WW2. Back in 1944, the average wage in Derby was just over £5 […]

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