Is Buy-to-Let still a safe bet when it comes to investing in property around Derby? With legislation and taxation on the rise, things have got a lot harder for local landlords over the last 5 years. Or, could this be the next golden age for landlords in the local property market? If you are a local landlord, read this article to find out...
2023 may be a year of anxiety for many people, including landlords and tenants. Mutual respect will help both parties understand the stress that each are going through as they try to adhere to the tenancy agreement they have entered into. The flip side is disagreement, suspicion, and frustration which will result in a detrimental relationship.
Navigating the complex world of property management, landlords must ensure they're fully compliant with the law. This blog delves into key legal requirements and offers guidance to help landlords stay informed and avoid costly mistakes. Do you know basic tenancy law? Are you up to date with recent changes in lettings legislation?
In 1975, Margaret Thatcher asserted her conviction in a ‘property-owning democracy’. Throughout the 1980s homeownership exploded and continued to grow for several decades thereafter. What has happened to that dream nearly 50 years later? The housing data for Derby has just been released from the 2021 Census and it makes interesting reading...
It's crystal ball time... what will happen to the Derby property market in 2023? In this article, I talk about what should happen to the value of your Derby property over the next 12 months. Also, I will touch on the other more important barometer to judge the Derby property market. Read the article to find out what that is…
Whether you’re renting for the first time, upsizing to a bigger property, downsizing to a smaller property or moving into a new area, renting gives you both flexibility and independence. There is certainly a lot to think about when searching for a new rental home so we’ve discussed some of the important issues here:
Inheritance tax is a 40% tax applied after a person dies to estates that are worth over £325,000 – or more if a home or the sale proceeds of a home are included. Anything that can be done to minimise this liability should be investigated but be mindful that a lot of these need to be planned well in advance...
Capital Gains Tax (CGT) was an area that came under review in the Autumn Statement. The CGT annual exempt amount (AEA) has been reduced to £6,000 for the 2023/4 tax year and a further fall to £3,000 from April 2024. So what are the numbers involved and which landlords will be hit the hardest?
This blog is for all buy-to-let landlords in Derby and surrounding areas. Would it surprise you to learn that inflation can be very useful when it comes to protecting your hard-earned savings and investment? That probably isn't the first thing you thing you think of when 'inflation' is mentioned... and what have Mars Bars got to do with anything?
As the Energy Crisis bites, many homeowners and tenants are having to make the unenviable decision of how to allocate their income between, amongst many other things, food and heating. Anything that we can do to save money is real benefit so here are a few simple tips to keep your homes warm whilst reducing your energy costs.
Tenants in the Derby area face further rent hikes in 2023 as the number of available rental homes has dropped to an 18 year low. Many ‘accidental’ landlords have cashed in on the post lockdown property boom of the last two years and sold their properties to owner-occupiers, NOT fellow landlords. What does this mean moving forward?
The Chancellor, Jeremy Hunt, gave his Autumn Budget 2022 at lunchtime, intending to deal with inflation and keep mortgage rates down for homeowners. In this short and sharp post, I wanted to touch on what this would mean specifically for landlords and homeowners in the Derby area thinking of buying and selling...