27% of Derby Net Wages is spent on Mortgage Payments… and that’s gone down!

I received a very interesting letter the other day from a Derby resident. He declared he was a Derby homeowner, retired and mortgage free. He stated how unaffordable Derby’s rising property prices were and that he worried how the younger generation of Derby could ever afford to buy? He went on to ask if it […]

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Minimum Energy Efficient Standards

Overview As from the 1st April 2018 there will be a requirement for any properties rented out in the private rented sector to normally have a minimum energy performance rating of E on an Energy Performance Certificate (EPC). The regulations will come into force for new lets and renewals of tenancies with effect from 1st […]

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10 Facts about Britain’s Homeowners..

How many properties does the average UK homeowner live in? How many different cities do they live in? Another interesting article from ‘House Beautiful’ offers 10 strange facts about us homeowning Brits… This is according to new research commissioned by Origin, manufacturer of bespoke aluminium bi-folding doors, residential doors, windows and blinds. The survey looked at 2,000 […]

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1 in 6 Derby Properties are Leasehold… So What?

One Derby landlord has asked me whether buying a leasehold property is not as beneficial as buying a freehold property so, as usual, I had to do some research to give him a proper answer! There are 23.36 million properties in England and Wales with 64% being owner occupied and 36% being rented either from […]

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Cash under the Mattress and Forgotten Pennies!

People use various types of Investment and Savings methods… Property, Building Society, Stocks & Shares and their mattresses… yes, really, their mattresses! A great article in ‘House Beautiful’ suggests that the mattress is still a hiding place for cash… “Brits are still hiding money under their mattress, a new survey has found. The research, undertaken by […]

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Over 3 Babies are being born for every Burton New Home!

I’ve often talked about the local property shortage in Burton so I now want to look at this from a different angle… Babies! As more babies are being born to Burton and East Staffordshire mums, I believe this increase will continue to add pressure to the over stretched Burton property market and materially affect it in […]

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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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