Should Derby OAP’s be forced to downsize?

“Should the home owning OAP’s of Derby be forced to downsize?” This was a question posed to me on social media a couple of weeks ago, after my article about our mature members of Derby society and the fact many retirees feel trapped in their homes (see article HERE). Quite a dramatic question, I thought! However, […]

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Over 3.75 Million People use Derby Train Station a year!

So, I hear you ask… What has that got to do with the Derby Property Market? It might surprise you that it isn’t always the poshest villages around Derby or the swankiest Derby streets where properties sell and let the quickest. Quite often, it’s the ones that have the best transport links. I mean, there is a […]

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Paws for Thought… Should Landlords Accept Pets?

Tenants with pets are often dismissed out of hand by landlords who are worried about potential damage to their property. This is very understandable. However, opening up your property to tenants with pets will maximise its rental potential and by excluding pet owners, you are missing out on a huge part of the rental market. […]

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First Time Buyers v Landlords in Burton..

A Burton homeowner emailed me last week, following my article about the change in attitude to renting by the youngsters of Burton and how they thought it was too expensive for first time buyers to buy in the area.  There can be no doubt that buy to let landlords have played their part in driving […]

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Rents will Rise Faster than Property Prices in Derby

The next five years will see an interesting change in the Derby property market. My recent research has concluded that the rent private tenants pay in Derby will rise faster than Derby property prices over the next five years, creating further issues to Derby’s growing multitude of renters. In fact, my examination of statistics forecasts […]

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Derby’s ‘Generation Trapped!’ and the £11.08bn Legacy

Last time, I wrote an article on the plight of the Derby 20 something’s often referred to by the press as ‘Generation Rent’. Attitudes to renting have certainly changed over the last twenty years and as my analysis suggested, this change is likely to be permanent. In the article, whilst a minority of this Generation Rent […]

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‘Generation Renters’ – “We have no intention of buying in Derby!”

The good old days of the 1970’s and 1980’s eh. … with such highlights lowlights as 24% inflation, 17% interest rates, 3 day working week, 13% unemployment, power cuts … those were the days (not)… but at least people could afford to buy their own home. So why aren’t the 20 and 30 something’s buying […]

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Derby First Time Buyers borrow £209.5m in 12 months..

Let me start with the bigger picture; Over the last 12 months in the UK, 1,061,557 properties were sold with a total value of £223.74 bn. To give that some context, ten years ago 1,581,727 properties sold with a total value of £405.56bn, so it can be seen the number of people moving house has dropped […]

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How Often Should You Inspect Your Rental Property

Whether you are managing your own property or a letting agent is doing it for you, how often should there be a property inspection? Inspect too frequently and you risk souring the relationship with your tenants and having to find new ones whereas don’t carry them out often enough and you may miss some potentially […]

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With over 41,000 renters in Derby, is the market saturated?

If I were a buy to let landlord in Derby today, I might feel a little bruised by the assault made on my wallet after being, and continuing to be, ransacked over the last 12 months by HM Treasury’s tax changes on buy to let. To add insult to injury, Brexit has caused a tempering […]

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