Is Burton buy-to-let property in crisis?

Derby and Burton landlords… sell your property portfolios, your tenants will soon be leaving in droves as they buy their first home with the new 5% deposit mortgages backed by the Government’s new mortgage-guarantee scheme revealed in March’s budget! These 95% mortgages are to be supported by the Treasury, lessening losses for mortgage lenders should […]

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Will the Derby Property Market Continue to Boom?

All the signs are that the Derby housing market is sat on good foundations, yet one key hazard could still scupper the market. ‘UK Property Prices Rising at Record Levels’ is the headline of many newspapers. In the last few weeks, the Halifax reported they had grown by 6.5% in the last 12 months, whilst […]

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Will Burton on Trent house prices fall in 2022?

I ask this question as 1 in 5 Burton on Trent homes are selling within a fortnight of coming to market One of the most astounding things that has happened in the last 12 months was something that did not happen. Even after the country saw the deepest recession since the Great Freeze of 1709, […]

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Panic Buying in the Derby Property Market

Would it surprise you that there are 64% fewer properties for sale today in Derby than a decade ago? Property values are much higher than a decade ago and the property market at the moment in Derby is on fire. In all my years as an agent, I have never seen it like it is […]

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Over 1 in 4 Burton Properties Sold with No Chain

If over 28% of properties are being sold with no chain, is it a good idea to rent in between moving home, to be chain-free? Moving home is said to be the third most stressful thing you can do, so if you can do anything to reduce that stress, so much the better? When buying your […]

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Derby Property 2011 – 2021: The Census Year

A look back at the Derby housing market over the last decade. With all of us completing the Census a few weeks ago, it made me realise profoundly that mine and my family’s life, which from our own point of view seems unique and delightful, makes us all into a series of statistics for the […]

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The Government 5% Mortgage Scheme Explained

Being a Derby first-time buyer in the last 12 months has not been an easy thing. Just before lockdown there were around 400 ‘5% deposit mortgage’ deals and first-time buyers were able shop around to get the best deal. When the first lockdown hit, 5% deposit mortgages disappeared, meaning that as many Derby would-be first-time […]

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Burton Property Market up 63% on Pre-pandemic Levels

By Daren Cope Has there ever been a better time for Burton on Trent home sellers? The Burton property market, for people looking to sell, is at its sturdiest for at least the last five years with home buyers jumping on to the Burton property ladder with abandon. Burton house prices are anticipated to rise throughout […]

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Budget Summary 3rd March 2021

This summary is courtesy of Smith Cooper: On Wednesday 3rd March, Chancellor Rishi Sunak announced his 3-part Spring Budget. Step 1 of the plan introduces measures to continue to support businesses and livelihoods through the ongoing crisis, with step 2 focusing on strengthening public finances, and step 3 focused on building the future economy. Here […]

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Burton Homeowners Move Every 13 Years. Why?

By Simon Joyce. Firstly, some juicy numbers! In Britain, there are 27,071,500 households, of which 17,044,450 are owned, and are worth a total of £3,925,865,212,950 (£3.92 trillion). Over the last 5 years, an average of 86,096 properties sell each month, meaning just over a million UK households move home per year. Therefore, the average British […]

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