2022 saw the highest proportion of property sales to investors since 2016, with landlords accounting for 12.2% of the sales that year and 19% of the overall UK housing stock. Surprised? Well, it’s not so unbelievable when you look at what’s happening.
Interest rates have dropped since their spike after Liz Truss’s disastrous mini-budget, with buy-to-let mortgages now available from 3.59%.
House prices have levelled off, giving landlords a much better shot at getting a great deal with an instantly higher yield.
Rents have risen sharply because of intense competition among tenants.
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 Shows written and produced this week are:
FP TV (EP 125) INTERIOR MOTIVES: Start your 2023 in style with our guide to the latest home decor trends
What’s hot and what’s not for home decor in 2023? Jim Parker and Andrea Stanford have a chat about what is new in the world of interiors and home decor trends.
How I made my first million and the lessons learned. In this series Jim Parker and Richard Cook are going to take you through the steps by step approach that took Jim from homeless and unemployed in his early 20’s to retiring at 38 years old a millionaire and financially free.
This is the warts and all, laid bare story of Jim’s journey from the beginning. From his struggle with the school system, pivotal moments and key points that led to a change in direction, reprograming his mind for success, how he worked a full-time job while building a property empire as a side hustle and all the lessons learned from buying his first 30 properties including the massive mistakes and monumental victories.
Jim says, “Anyone could have done this, most weren’t prepared to pay the price. If my journey serves as a lesson to help other people get there quicker with less mistakes, it’s been worth telling the story. For some this will literally be a blueprint for success”
To be continued……
If you’ve missed the previous shows you can catch up on our play list:
If you are a private client of ours, including the ongoing support you will also receive an invite for the last Thursday of every month to a private zoom session which will be a deep dive into more detail on portfolio building. If you haven’t received your invite, please contact us to richard.cook@fifeproperties.co.uk
This is all about accelerating your wealth in 2023.
*We must point out that we are not financial advisors, and this is only our opinion of what we would do. Investments can go down as well as up so if you do want professional advice from a qualified advisor, please contact us direct and we will put you in touch with someone.
What are your big plans this year? Fitness, wealth, travel, something else? Change is always in the air when January arrives.
We’re entering 2023 on the back of quite a ride. Lockdowns, Brexit, empty shelves, four prime ministers, working from home, strikes, inflation, and geopolitical turmoil – it’s all been very real.
With so much external upheaval, it’s no wonder that interior design is seeking to satisfy a desire to feel more in control, something we can all achieve at home with a strong sense of personal style.
How I made my first million and the lessons learned. In this series Jim Parker and Richard Cook are going to take you through the steps by step approach that took Jim from homeless and unemployed in his early 20’s to retiring at 38 years old a millionaire and financially free.
This is the warts and all, laid bare story of Jim’s journey from the beginning. From his struggle with the school system, pivotal moments and key points that led to a change in direction, reprograming his mind for success, how he worked a full-time job while building a property empire as a side hustle and all the lessons learned from buying his first 30 properties including the massive mistakes and monumental victories.
Jim says, “Anyone could have done this, most weren’t prepared to pay the price. If my journey serves as a lesson to help other people get there quicker with less mistakes, it’s been worth telling the story. For some this will literally be a blueprint for success”
If you’ve missed the previous shows you can catch up on our play list:
If you are a private client of ours, including the ongoing support you will also receive an invite for the last Thursday of every month to a private zoom session which will be a deep dive into more detail on portfolio building. If you haven’t received your invite, please contact us to richard.cook@fifeproperties.co.uk
This is all about accelerating your wealth in 2023.
*We must point out that we are not financial advisors, and this is only our opinion of what we would do. Investments can go down as well as up so if you do want professional advice from a qualified advisor, please contact us direct and we will put you in touch with someone.
The shorter, darker days in January or February can make many of us feel down in the mouth.
But there’s a certain section of our society that sees winter’s long nights as a shameless window of opportunity – burglars!
So, with that in mind and with the mantra of ‘it’s better to be safe than to be sorry’, here are some tips from www.police.uk to shore up your home’s security:
The Fife housing market over the last three months is now becoming more ‘normal’ after the last couple of years of insane demand when the lockdowns started a race for space!
Even with the blackening economic doom-mongers forecasting a harsh slowdown in the British property market, the number of people buying and selling their homes is still very good for the time of year.
