Brexit, Derby House Prices and Mortgage Payments…

By Daren Cope Christmas Eve brought the news that Boris Johnson had conclusively agreed on a Brexit deal for the UK with the European Union. This gave optimism that the economic turmoil of leaving the EU would be radically reduced, yet what will this ‘trade deal’ do to the value of your Derby home and the […]

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5% Unemployment and the Local Property Market

By Daren Cope 12 months ago, the unemployment rate in Derby and Burton stood at 2% of the working population, yet with Coronavirus hitting the UK, what impact will this rise in unemployment have on the local property market? As I have discussed a number of times in my articles, this summer saw the local […]

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Will A ‘No Deal Brexit’ Affect Derby House Prices

By Daren Cope. I remember back in April 2020 when the major financial economists and property market commenters were sounding the alarm. The very best-case scenario was a 5% drop in property values by the end of the year, and most were in the 10% to 15% range. They forewarned the Covid-19 stimulated recession would trim […]

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A 2021 Property Crash in Derby and Burton?

By Simon Joyce. All reasoning points to a property crash in 2021, right? Not at all! I’m going to give you the reasons why it will not be the catastrophic scenario some are predicting. In the last few months, both the Derby and Burton property market has resisted and flouted every economist’s prediction. With the economy a […]

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The 2020 Burton Property Market Review

By Simon Joyce. We always like to do a review of the local property market at the end of each year so here it is for Burton-on-Trent. Looking back at the Burton property market for 2020, it can certainly be seen as a frenetic game of two halves, albeit with a very long half time […]

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A look back at the 2020 Derby Property Market

By Simon Joyce. We always like to do a review of the local property market at the end of each year so here it is for Derby. Looking back at the Derby property market for 2020, it can certainly be seen as a frenetic game of two halves, albeit with a very long half time […]

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First Time Buyers Continuing To Rent

By Daren Cope The banks have been reducing the number of low deposit mortgages (10% and below) since Covid-19 hit in the spring. This has meant that the number of first-time buyers has been decreasing quickly, meaning many of those would-be buyers wanting to make the first step on the property ladder are having to […]

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Derby House Prices in 2021. The Verdict…

By Simon Joyce We have several ongoing and upcoming events that are likely to have an impact on the Derby property market and the value of your Derby home. There is a ‘no deal’ Brexit on the horizon. The stamp duty holiday finishes at the end of March. Mortgage payment holidays are coming to an […]

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How Much Have Burton Homeowners Saved in Stamp Duty?

By Daren Cope. If you read blogs regularly, you know I love the stats! In this blog I take a look at the early Stamp Duty savings made by property buyers in Burton-on-Trent. Burton homebuyers and landlords purchasing residential property have saved £49,200 since the Chancellor reduced stamp duty on 8th July 2020, yet many […]

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Is ‘Generation Rent’ To Become ‘Generation Buy’?

By Daren Cope. Boris Johnson has attracted both praise and horror in equal measure with a new plan for 95% mortgages to help beleaguered first time buyers to get on the property ladder, but would that expose UK taxpayers to too much risk? In this article I discuss the implications of what that would mean […]

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