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.
Why So Many Landlords are ‘Trapped’…
By Daren Cope. Going into lockdown in March, the Government proclaimed a ban on tenant evictions, pledging that no tenant in a private rented home, who had lost their wages due to Covid-19 would be kicked out of their private rented home until the late summer. Fast forward to August and the press were being […]
The Eviction Ban U-Turn. What does it mean?
On Friday 21st August, the Government announced that it would extend the eviction ban, originally due to end on 23rd August, for a further four weeks. It also introduced a minimum six-month notice period for landlords who wish to evict their tenants in England. In summary, this is what it means to agents, landlords and […]
£5000 for Every Landlord and Homeowner
The Chancellor announced on Wednesday 8th July in his mini Budget some interesting news for all homeowners and landlords. Rishi Sunak is going to give ‘The Green Homes Grant’ of up to £5,000 to cover two-thirds of the costs of environmentally friendly upgrades to your property, with the homeowner covering the other third. There are […]
Rent Guarantee has Never Been so Important
by Susan Cope. Managing Director, Professional Properties With events that have unfolded across the globe since the start of the year that have had such a profound effect on our daily lives since March 2020, I don’t believe that there has ever been more of a requirement to take stock and ensure you and your […]
Landlords to Blame for Derby’s Housing Crisis?
Isn’t it strange that nobody boasts they are a buy-to-let landlord anymore? Roll the clock back to the early millennium and you couldn’t go to the local golf club, meet up for a pint after work or shop at a Waitrose without someone dropping “buy-to-let property” into the conversation as easily and as often as […]
The Lockdown Landlords of Derby
Despite Government regulations that have been in place since the 26 March 2020, when in-person viewings were made illegal, Derby buy to let landlords have, during that time, been chomping at the bit to build their property empire by looking at buying additional properties for their Derby buy to let portfolio. There are plenty of […]
Housing Market Starts Back Up – Guidance
At 10:00pm on Tuesday 12th May 2020, minister Robert Jenrick announced that estate and letting agents could return to wok from 13th May – the following day. As one of the first business sectors to be ‘let back’ to work, it is essential that agents are responsible and have plans and protocols in place before […]
270 Burton Homemovers in Limbo
An immediate fallout of the Coronavirus pandemic is that it has placed many Burton house moves on hold. Government guidelines state all house buyers and house sellers who are in the process of selling their Burton homes and moving to a new property must adapt to these temporary arrangements, adjusting their usual practices, agreeing different […]
Letting Tip #1 – Where and What to Buy?
The ultimate question for both seasoned landlords and those taking the first steps into property investment… What type of property do I buy and where do I buy it? Your Own Goals Before answering this, you need to know what you want to achieve from your investment? Is it a Short term or Long term […]
The Supply & Demand Imbalance in Derby
The most recent set of data from the Land Registry has stated that property values in Derby and the surrounding area were 5.72% higher than 12 months ago and 12.08% higher than January 2015. Despite the uncertainty over Brexit as Derby and most of the UK’s property values continue their medium and long-term upward trajectory. […]
