Derby Property, Abba, The Beatles and 50 Year Mortgages…

50 years ago, in 1967, the first human heart transplant was performed by Dr Christian Barnard in South Africa. In the same year Sweden switched from driving on the left-hand side to the right-hand side of the road. The average value of a Derby property was £2,589, interest rates were at 5.5% and The Beatles […]

Continue Reading

Is there a Legal Tax Loophole for Burton landlords?

In November 2015, George Osborne disclosed plans to restrain the buy-to-let (BTL) market, implying its growing attractiveness was leaving aspiring first time buyers contesting with landlords for the restricted number of properties on the market. One of things he brought in was that tax relief on BTL mortgages would be capped, starting in April 2017. […]

Continue Reading

Derby’s Council House waiting list down by 63%…

Should Derby people buy or rent a house? Buying your own home can be expensive but could save you money over the years. Renting a property through a letting agent or private landlord offers less autonomy to live by your own rules, but more flexibility if you need to move. Yet, there is third way that many people […]

Continue Reading

Clutter maybe Bad for your Health!

We’ve all got clutter.. haven’t we? We’ve taken a couple of articles from ‘House Beautiful’ to illustrate why clutter is bad for our health and how to go about decluttering…   ‘It’s not easy to relax at the end of the day in a cluttered home because signals are being sent to the brain that there are a […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading