£5000 for Every Landlord and Homeowner

The Chancellor announced on Wednesday 8th July in his mini Budget some interesting news for all homeowners and landlords. Rishi Sunak is going to give ‘The Green Homes Grant’ of up to £5,000 to cover two-thirds of the costs of environmentally friendly upgrades to your property, with the homeowner covering the other third. There are […]

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Derby Property Owners set to Save Over £5,000,000 in Stamp Duty

The British are infatuated with owning their own property and don’t politicians know it. Margaret Thatcher used it as a vote winner in 1979 when she allowed council house tenants to buy their own home. Coming to the present day, Boris Johnson’s Conservative government have anxieties that the Brits have not been buying nearly enough […]

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A Decade in the Life of the Burton Property Market

One of my Burton landlords contacted me last week from Stapenhill, after he had spoken to a landlord friend of his from Winshill. He told me they were deliberating the Burton property market and neither of them could make their mind up if it was time to either sell or buy property following Covid-19. His […]

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Derby Post Lockdown Property; 6 Weeks In

From talking to most of the Derby estate and letting agents and our own findings, it might surprise many of you that new enquiries from homebuyers, tenants, landlords and home sellers have been at record levels since lockdown was lifted from the property market in mid-May. There are a number of reasons for this. Firstly, […]

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Is Time Running Out for Buy-to-Let in Burton?

…should Burton homeowners and landlords be worried? In 2019, the private rented sector accounted for just over four and a half million households or 19.9% of UK households, no change from the year before. Interesting, when compared to the proportion of private rented households in the 1980’s and 1990’s, when the proportion of private rented […]

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Landlords to Blame for Derby’s Housing Crisis?

Isn’t it strange that nobody boasts they are a buy-to-let landlord anymore? Roll the clock back to the early millennium and you couldn’t go to the local golf club, meet up for a pint after work or shop at a Waitrose without someone dropping “buy-to-let property” into the conversation as easily and as often as […]

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The Lockdown Landlords of Derby

Despite Government regulations that have been in place since the 26 March 2020, when in-person viewings were made illegal, Derby buy to let landlords have, during that time, been chomping at the bit to build their property empire by looking at buying additional properties for their Derby buy to let portfolio. There are plenty of […]

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7% of Derby People Worked From Home Before Covid-19…

Before the Covid-19 pandemic hit, around 8,000 Derby people worked mainly from home, or about 7% of Derby’s 116,254 workforce compared to the national average of 14.9%. Yet over the last few weeks, many thousands more Derby workers have joined them in their spare rooms, or at their kitchen and dining room tables. Amongst warnings […]

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The £2.1 billion mortgage debt in Derby

With the General Election long gone, B-Day now passed and the recent shenanigans and political goings on in Westminster recently a fading memory, the housing market, for the time being anyway, is showing a striking resilience spurred on by the on-going wide-ranging monetary policy by the Bank of England. With interest rates and unemployment low, […]

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Is there an Eastern European “Exodus” in Derby?

I was having a thought-provoking conversation with a Derby buy-to-let landlord a couple of weeks ago about everything to do with property. We discussed the Election result, the imminent Brexit deadline and how the reported voluntary repatriation of Eastern Europeans had affected the property market in Derby. It transpired some of his Derby tenants, who […]

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