From Homeowner to Homeless in Derby?
The number of properties for sale in Derby has fallen by 49% since this time two years ago back in October 2019. One of the reasons is that many Derby buyers feel overwhelmed and fearful they will not have a home if they sell theirs and can’t buy another. So, I have decided to look […]
Why live in Mickleover?
The earliest recorded mention of Mickleover was in 1011, when an early charter has King Ethelred the Unready granting land along the Trent and Eastern Derbyshire, including land in the Mickleover and Littleover areas. The village appears in the Domesday Book when it was owned by Burton Abbey. At the time of the Domesday […]
Derby Landlords Rent Returns Up 38% in 5 Years
Derby landlords are becoming progressively more self-assured about expanding their rental portfolios; as Derby rents rise, mortgage interest rates fall and demand for decent Derby rental properties outstrips supply. A number of reports nationally would suggest around a third of UK ‘portfolio’ landlords – landlords with more than one rental property – are actively looking […]
Derby Homes Asking Prices Up 2%
With Rightmove announcing a national drop of 0.3% in average asking prices in August, some are asking if the steam has been let out of the property market. Yet, with the gains we have seen in the last 12 months, is this just a minor bump in the road? Alarm bells normally ring when new […]
How Many Days Does it Take to Sell a Derby Home?
Whether you are a Derby homeowner, first-time buyer or landlord; the last 15 months has been a roller coaster ride when it comes to the Derby property market. With 213,120 UK house buyers and 58,580 UK tenants moving home in June, the summer has been manic for many people. This means that some Derby homeowners […]
Is Derby’s Bungalow Shortage a Cause for Concern?
The bungalow is a building that has represented a more leisurely, gentler way of life since the early 1900’s. Bungalows have been sold as an aspiration for those about to retire, saving them the annoyance of having to climb stairs. With an ageing population, one would think they would be building more bungalows, yet nothing […]
Derby’s Love and Hate Relationship with the Semi-Detached House
The semi-detached house – the icon of middle-class aspiration, the pinnacle of liberalism yet at the same time compromised individuality, the ‘semi’ as it is colloquially termed is, for many Derby homeowners, the highpoint of modern domestic bliss. Britain’s gift to architecture is the humble ‘Semi-Detached House’. This type of property has been exported around […]
Why Landlords Shouldn’t Have 10 Year Mortgages
I know many Derby buy-to-let landlords who fell into property investing by accident. Many didn’t want to sell their family home when the Derby housing market crashed in the Credit Crunch of 2009/10, yet still needed to move; often for work. They thought they would keep their Derby family home in case they ever moved […]
‘Wood’ you pay £391,200 for a Semi in Derby?
The value of an average Derby semi-detached house has increased in value by £108,360 in the last 12 months; an increase in value of 7.07%. Yet the costs of actually building a Derby home have shot up even more in the last 12 months, meaning the price of Derby new homes and any building works you […]
Derby Landlords Owed £2.5 million in Unpaid Rent…
…are landlords ‘Rogues’ or ‘Saviours’? Could landlords have done more? There is no getting away from the fact that the rise in the number of buy-to-let properties in Derby has been nothing short of astonishing over the last twenty years. As a result, many in the press have said Britain is a broken nation, with […]
