Landlord Taxation ‘Clause 24’ – What does it mean for you?

What is Clause 24? Clause 24 was proposed by George Osborne in his Summer Budget on 8 July 2015 and it restricts finance cost relief for individual landlords. Companies are not affected, nor are landlords with no borrowings against their properties. The changes will be phased in gradually over 4 years, starting from 5th April 2017. By […]

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Fewer Young Homeowners in Derby and not enough Bungalows…

My good friend Michael Harris,a  37-year-old father of two from Derby, was out house hunting. It was a pleasant September Saturday afternoon, and our man cycles along on his bike. He cycles up a street of suburban semis, where he spots a few retired mature neighbours, chatting to each other over the garden fence. He leans […]

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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. […]

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Burton’s 3 Speed Property Market

“What’s happening to the Burton on Trent Property Market” is a question I am asked repeatedly.  Well, would it be a surprise to hear that my own research suggests that there isn’t just one big Burton on Trent property market – but many small micro-property markets? According to recent data released by the Office of […]

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The Population of the UK in a Single Street…

If the population of the UK were condensed into just a single street, a third of us would live in a semi-detached house worth £207,000. A quarter of the population would live in a detached home worth almost £333,000 More than a quarter would live in a terraced house, at an average price of £177,000 […]

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Housing.. The ‘Cinderella’ of Politics in Derby…

We are nearly 3 months into the new Tory regime and life has gone back to normal as political rhetoric on social media is replaced with pictures of dogs, cats and people’s lunch. Joking aside though, all the political parties promised so much on the housing front in their manifestos, should they be elected at the […]

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Social Media can Help Burglars Target your Home

A THIRD OF PEOPLE (34%) REGULARLY POST UPDATES THROUGHOUT THEIR TIME OFF ON HOLIDAY Whether it’s that #nofilter shot of a sunset, the “hot dogs or legs” photo, or checking in to an intimate beach-side dinner, many of us love to show the world what we’ve been up to on our holidays. Aviva’s Travel Report […]

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Burton’s 2604 Mortgage Time Bombs?

According to my research, of the 30,320 properties in Burton, 12,056 of those properties have mortgages on them. 85.1% of those mortgaged properties are made up of owner-occupiers and the rest are buy-to-let landlords. … but this is the concerning part .. 2,604 of those Burton mortgages are interest only. My research also shows that, […]

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Derby Homeowners and their £2.47bn Debt!

Over the last 12 months, the UK has decided to leave the EU, have a General Election with a result that didn’t go to plan for Mrs May and to add insult to injury, our American cousins elected Donald Trump as the 45th President of the United States. It could be said this should have caused […]

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Burton ‘Baby Boomers’ vs ‘Millennials’!

A recent article written by my colleague “The Unfairness of the Derby Baby Boomer’s £7bn windfall?” caused a stir! In it he looked at a young family member of mine who was arguing the case that Millennials (those born after 1985) were suffering on the back of the older generation. They claimed the older generation had […]

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