Imagine if your income was based purely on your ability to perform. Without an income stream, you will fail. A simple fact. Many people have a single income stream, such as employees and people that are self-employed. Having multiple streams of income is a good way of safeguarding you against a downturn in one area. It can give you stability and the opportunity to grow your wealth long term.
Continue reading EP 39 THE WEALTH CREATION SHOW: 7 Different Types of Income Streams (Watch/Listen)
PODCAST: https://anchor.fm/fife-properties/episodes/ZOOPLA-UK-House-Price-Index-Aug-2022-e1oiat3
Executive summary
The Housing market is transitioning to a buyers’ market as higher mortgage rates are set to cut buying power by up to 28%
The jump in house prices over the pandemic is compounding the affordability challenge, especially in southern England
Some regions have seen 10 years of house price growth compressed into two years
New sales are holding up with no sudden drop in demand in recent weeks but buyer interest is weaker than a year ago
Asking price reductions are at the highest levels since before the pandemic as sellers adjust to more price sensitive demand
Stamp duty changes will support regional markets and first buyers in southern England at a low cost to the exchequer.
Nothing is more important than getting the right tenants for your rental property – because the choice you make will have a profound impact on your peace of mind and finances. Continue reading FP TV (EP 110) RENTAL RED FLAGS: How To Avoid Problem Tenancies And Create The Perfect Letting (Watch/Read/Listen)
Weekly round up on what’s driving the Fife Property market including a look at recent listings, sales and coming soon:
Article, Podcast and TV Show written and produced this week are:
Continue reading FIFE PROPERTY MARKET UPDATE – 18th Sept – 24th Sept 2022 (Watch/Listen)
“Learn from the mistakes of others. You can’t live long enough to make them all yourself.” A quote from Eleanor Roosevelt, First Lady of the United States from 1933 to 1945. This great piece of advice is equally relevant to investing, where mistakes can cost us financially. So, what better way of learning, than taking some tips from an experienced investor?
Looking at the newspapers with their doom and gloom headlines, you would think that the Fife property market (and the British property market) would be on its knees.
Imagine if you could increase your sale price by up to 8% with just a shopping list and a weekend.
Professional styling is proven to help homes sell faster and for more money by consciously elevating the look of every room. From setting the stage to creating a sense of space and those all-important final touches, a stylist’s expert eyes can spot the untapped potential we mere mortals might miss.
Weekly round up on what’s driving the Fife Property market including a look at recent listings, sales and coming soon:
Article, Podcast and TV Show written and produced this week are:
Continue reading FIFE PROPERTY MARKET UPDATE – 11th Sept – 17th Sept 2022 (Watch/Listen)
Scotland house prices increased by 9.9% (Fife 8.8%) in the year to July 2022, down from an increase of 11.4% (Fife 12.7%) in the year to June 2022. On a non-seasonally adjusted basis, average house prices in Scotland increased by 0.6% between June and July 2022, compared with an increase of 1.9% during the same period a year earlier (June 2021 and July 2021). On a seasonally adjusted basis, average house prices in Scotland increased by 0.3% between June and July 2022.
Comparing the provisional volume estimate for May 2021 with the provisional estimate for May 2022, the volume of transactions decreased by 0.6% in Scotland (Fife increased 3.4%). The UK volume of transactions increased by 34.5% over the same period.
In Scotland, terraced houses showed the largest increase out of all property types, rising by 11.0% in the year to July 2022 to £164,000. The lowest annual change of all property types was in flats and maisonettes, which increased by 8.0% in the year to July 2022 to £132,000.
The largest growth was in East Ayrshire, where prices increased by 19.8% in the year to July 2022 to £129,000. The lowest annual growth for the year to July 2022 was in City of Aberdeen where average prices increased over the year by 0.8% to £149,000.
As with other indicators in the housing market, which typically fluctuate from month to month, it is important not to put too much weight on one month’s set of house price data. However the Scottish and Fife Housing Markets are holding up well.
PODCAST: https://anchor.fm/fife-properties/episodes/EP37-THE-WEALTH-CREATION-SHOW-Wealth-Management-e1o3stg
Why is it that some celebrities make millions and then a few years later they are filing for bankruptcy? Well anyone can learn how to make money but most don’t understand how to keep money and make it go to work for them.
Continue reading EP37 THE WEALTH CREATION SHOW: Wealth Management (Watch/Listen)
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