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.
The End of Section 21… What Happens Next?
I just wanted to record this video today to share my thoughts on a story that’s been in the news for a few months now and that’s the potential abolishment of Section 21. Section 21 is the process that is used by landlords to regain possession of their property without having to state a reason. […]
Capital Gains Tax Changes… Are You Ready?
I wanted to remind landlords and property investors of a legal change that’s probably gone under the radar a little bit, certainly very important for landlords and property investors out there and it’s to do with the changes in the capital gains tax rules which come into effect on the 6th of April next year. […]
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 […]
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 […]
Another ‘New’ Housing Minister…
As Boris officially becomes Prime Minister, he has appointed two new MP’s as Secretary of State for Housing and Housing Minister. This was reported on ‘Property Industry Eye’ on 25th July… Prime Minister Boris Johnson has appointed a new Secretary of State for Housing, Communities and Local Government, and a new housing minister The little known […]
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 […]
Section 21 Abolition WILL Happen…
There has been a lot of talk about the Government abolishing Section 21 – the process by which landlords can reclaim their properties from existing tenants whilst in a tenancy agreement without having to state a reason. This now seems to be a reality as reported in ‘Property Industry Eye’ on 22 July… The Government […]
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 […]
Entire Property Industry to be Regulated
The Government has published a report outlining it;s plans to regulate ALL Property Agents and, in our opinion, it’s about time! The full story was published in ‘Property Industry Eye’ on 18th July… A new era for the entire agency sector begins today, with the publication by the Government of a report calling for minimum […]
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 […]
