Are Burton House Prices Set for a Frightening Drop this Autumn?
The stamp duty holiday is over, furlough finished at the end of September, unemployment is due to rise and inflation is rife… is this the end of the post lockdown property boom? Surely, we are heading for house price correction? Forecasting what will happen in the property market this autumn may not be as simple […]
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 […]
How Will Rising Wages Affect the Burton Property Market?
As they struggle to meet demand, Argos have had to increase the wages of their HGV drivers from £11.41 an hour to £15.00 an hour – a rise of 31.2% meaning their pay goes from £27k to £35k per year. Care home providers are offering signing-on bonuses of many thousands of pounds to entice nursing […]
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 […]
Burtons Elderly Homeowners are Not Moving!
A recent report by Legal & General stated that since the pandemic, many older homeowners had put their plans to move home ‘on ice’. It said that fewer OAP homeowners are planning to downsize from their large family homes after the pandemic made them realise the actual value of their local community and space. Historically, […]
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 […]
