December 2023 - Fife Properties
Fife Properties

Month: December 2023

FIFE PROPERTY MARKET UPDATE – 24th – 30th Dec 2023 (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–24th–30th-Dec-2023-e2ds2mb

 

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 175) Seven New Year’s Resolutions Homeowners in Fife Can Stick To

It’s that time of the year after the most wonderful time of the year. And with 2024 within touching distance, it’s time for those who enjoy making (and usually breaking) New Year resolutions to get busy with their wish lists. Join Jim Parker and Andrea Stanford discussed this topic.

(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/fp-tv-ep-175-seven-new-years-resolutions-homeowners-in-fife-can-stick-to/

 

 

 

How the 6.3% saleability drop in the Fife Property Market might impact your 2024 home moving plans

Discover the pivotal shifts in the Fife property market with our in-depth analysis of the recent 6.3% drop in saleability. Understand the key factors driving this change, from economic influences to evolving buyer preferences, and learn strategic tips for maximising your Fife home’s appeal in 2024. Don’t let market trends catch you off-guard.

Jim Parker and Richard Cook discuss this topic and share their expertise to help you navigate your Fife home selling journey with confidence.

(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/how-the-6-3-saleability-drop-in-the-fife-property-market-might-impact-your-2024-home-moving-plans/

 

 

 

Zoopla UK House Price Index – DECEMBER 2023

 Executive summary

  • Annual house price inflation is -1.1%, down from +7.2% a year ago
  • Market sentiment improving with new sales agreed +17% year-on-year
  • House price falls starting to moderate as sales improve
  • Mortgage regulations a key reason for only modest price falls in 2023, along with strong labour market and rapid earnings growth
  • First-time buyers are largest group of would-be movers in next 2 years (40%)   followed by upsizers (34%)
  • Almost half of buyers living in southern England looking to move >10 miles in   search of better value for money
  • House prices to fall 2% over 2024 with 1m sales

(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-december-2023/

 

 

EP 104: The Wealth Creation Show: The Pursuit of Excellence

The pursuit of excellence is a relentless journey towards achieving the highest standards in every aspect of life. It is a mindset that drives individuals to push their limits, embrace challenges, and continuously strive for improvement.

Jim is known for his unwavering commitment to excellence, embodies this philosophy in his work and life.

So, do you want to learn about how to embrace these changes and improve your chances of success?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

(Watch/Listen) https://www.fifeproperties.co.uk/blog/the-wealth-creation-show-the-pursuit-of-excellence/

If you’ve missed the previous shows you can catch up on our channel: https://www.youtube.com/@WealthCreationShow

If you are a private client of ours, including the ongoing support you can also receive one to one mentoring on portfolio building. 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.

EP 104: The Wealth Creation Show: The Pursuit of Excellence (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/EP-104-The-Wealth-Creation-Show-The-Pursuit-of-Excellence-e2dskk0

 

The pursuit of excellence is a relentless journey towards achieving the highest standards in every aspect of life. It is a mindset that drives individuals to push their limits, embrace challenges, and continuously strive for improvement.

Jim is known for his unwavering commitment to excellence, embodies this philosophy in his work and life.

So, do you want to learn about how to embrace these changes and improve your chances of success?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

 

If you’ve missed the previous shows you can catch up on our channel: https://www.youtube.com/@WealthCreationShow

 

If you are a private client of ours, including the ongoing support you can also receive one to one mentoring on portfolio building. Please contact us to richard.cook@fifeproperties.co.uk

 

This is all about accelerating your wealth in 2024.

 

*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.

FP TV (EP 175) Seven New Year’s Resolutions Homeowners in Fife Can Stick To (Watch/Read/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FP-TV-EP-175-Seven-New-Years-Resolutions-Homeowners-in-Fife-Can-Stick-To-e2dqkcp

 

It’s that time of the year after the most wonderful time of the year. And with 2024 within touching distance, it’s time for those who enjoy making (and usually breaking) New Year resolutions to get busy with their wish lists.

Continue reading FP TV (EP 175) Seven New Year’s Resolutions Homeowners in Fife Can Stick To (Watch/Read/Listen)

How the 6.3% Saleability Drop in the Fife Property Market Might Impact Your 2024 Home Moving Plans (Watch/Read/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/How-the-6-3-saleability-drop-in-the-Fife-Property-Market-might-impact-your-2024-home-moving-plans-e2dofv7

 

The Fife housing market, like many others, has experienced a notable shift in 2023.

 

The percentage of home sales agreed and moved (completed) compared to those withdrawn from the market unsold has decreased relative to 2022.

Continue reading How the 6.3% Saleability Drop in the Fife Property Market Might Impact Your 2024 Home Moving Plans (Watch/Read/Listen)

Zoopla UK House Price Index – DECEMBER 2023 (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/Zoopla-UK-House-Price-Index–DECEMBER-2023-e2dm2dr

 

Executive summary

  • Annual house price inflation is -1.1%, down from +7.2% a year ago

 

  • Market sentiment improving with new sales agreed +17% year-on-year

 

  • House price falls starting to moderate as sales improve

 

  • Mortgage regulations a key reason for only modest price falls in 2023, along

with strong labour market and rapid earnings growth

 

  • First-time buyers are largest group of would-be movers in next 2 years (40%)

followed by upsizers (34%)

 

  • Almost half of buyers living in southern England looking to move >10 miles in

search of better value for money

 

  • House prices to fall 2% over 2024 with 1m sales

 

FIFE PROPERTY MARKET UPDATE – 17th – 23rd Dec 2023 (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–17th–23rd-Dec-2023-e2dkot7

 

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:

 

 

FPTV EP 174: LANDLORD XMAS BREAK: Tips to take some time off and recharge over the holidays

To be a landlord is to be an entrepreneur, and to be an entrepreneur is to never really shut off. But we all need a break sometimes, and if you’ve been juggling work, your rental property, and looking after a family, now is the moment to take a breather. Christmas is the one time of year when the entire country shuts down, which makes it an ideal moment to step back and recharge for the new year from a business and personal perspective.

(Watch/read/listen) https://www.fifeproperties.co.uk/blog/landlord-xmas-break-tips-to-take-some-time-off-and-recharge-over-the-holidays/

 

Continue reading FIFE PROPERTY MARKET UPDATE – 17th – 23rd Dec 2023 (Watch/Listen)

FPTV (EP 174) LANDLORD XMAS BREAK: Tips to take some time off and recharge over the holidays (Watch/Read/Listen)

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FPTV-EP-174-LANDLORD-XMAS-BREAK-Tips-to-take-some-time-off-and-recharge-over-the-holidays-e2djq2a

To be a landlord is to be an entrepreneur, and to be an entrepreneur is to never really shut off.

 

But we all need a break sometimes, and if you’ve been juggling work, your rental property, and looking after a family, now is the moment to take a breather.

Continue reading FPTV (EP 174) LANDLORD XMAS BREAK: Tips to take some time off and recharge over the holidays (Watch/Read/Listen)

EP 103:The Wealth Creation Show: Does Your Time Equal Money? (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/EP103-The-Wealth-Creation-Show-Does-Your-Time-Equal-Money-e2dlad5

 

The concept of “Time-Equals-Money” is a common phrase used in today’s society to convey the idea that time is a valuable resource that should be spent wisely.

By understanding the Time-Equals-Money concept, you can learn to prioritise your time, set goals, and work more efficiently.

Do you utilise your time in a cost-effective way? Or would you like to learn more on how?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

 

If you’ve missed the previous shows you can catch up on our channel: https://www.youtube.com/@WealthCreationShow

 

If you are a private client of ours, including the ongoing support you can also receive one to one mentoring on portfolio building. 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.

 

UK House Price Index Scotland and Fife: October 2023 (Watch/Listen)

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/UK-House-Price-Index-Scotland-and-Fife-October-2023-e2dinb6

 

Economic statement

Average house prices in Scotland increased by 0.2% (provisional estimate) in the 12 months to October 2023. This was down from 0.8% (revised estimate) in the 12 months to September 2023 and was faster than the average UK house price annual inflation of negative 1.2% (provisional estimate) in the 12 months to October 2023.

On a non-seasonally adjusted basis, average house prices in Scotland decreased by 0.5% between September 2023 and October 2023, compared with an increase of 0.1% during the same period 12 months ago. On a seasonally adjusted basis, average house prices in Scotland decreased by 0.3% between September 2023 and October 2023.

Comparing the provisional UK HPI volume estimate for August 2022 with the provisional UK HPI volume estimate for August 2023, the volume of transactions decreased by 11.2% in Scotland and by 16.2% in the UK.

In Scotland, detached houses showed the highest annual percentage change out of all property types, increasing by 2.0% in the 12 months to October 2023 to £350,000. Flats and Maisonettes showed the lowest annual percentage change, which decreased by 1.8% in the 12 months to October 2023 to an average price of £128,000.

The highest annual percentage change was in Clackmannanshire, where average house prices increased by 11.2% in the 12 months to October 2023 to £180,000. The lowest annual percentage change was in West Lothian, where average house prices decreased by 4.5% in the 12 months to October 2023 to £203,000.

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.

 

FIFE PROPERTY MARKET UPDATE – 10th – 16th Dec 2023 (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–10th–16th-Dec-2023-e2dbp0k

 

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:

 

 

FPTV (EP 173) SELLING IN WINTER: How to play to the season’s strengths to move home in spring

 

If you want to move home in spring, winter is the time to get it live on the market, but does anyone actually buy at this time of year? Well, yes, they do.

 

Jim Parker and Perrie McIntosh discuss this subject and provide guidance to help you get prepared for moving.

 

(Watch/Read/Listen)  https://www.fifeproperties.co.uk/blog/selling-in-winter-how-to-play-to-the-seasons-strengths-to-move-home-in-spring/

 

 

 

ZOOPLA UK Rental Market Report – December 2023

 

Executive summary

 

  • The UK is past peak rental growth. We expect annual UK rental growth to halve over 2024 to 5%, the lowest growth since 2021.

 

  • London will lead the slowdown with rents expected to increase by just 2% over 2024 as affordability pressures impact demand.

 

  • Demand is weakening slowly off a high base, down 11% year on year, but still a third higher than the 5-year average.

 

  • There are signs asking rents have overshot in some markets, evidence of growing resistance to higher rents.

 

  • The supply-demand imbalance in rented housing is not going to disappear in 2024 but the market will become more into balanced.

 

  • Rents in regional markets are set to out-perform where affordability is less of a constraint on rental growth.

 

(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-rental-market-report-december-2023/

 

 

 

EP 102: The Wealth Creation Show: What can we Learn from Other People’s Success?

Learning from others who are more successful is a key element to leveraging yourself in your relevant field and generally in life.

During Jim’s recent adventure he was lucky enough to have had the opportunity to spend time with very successful people like Billionaire Entrepreneur Richard Barnson and Jamie Siminoff – the founder of the billion-dollar company Ring.com!

In this week’s show we are going to explore what he learned from these highly successful people.

Do you want to know the benefits of the knowledge from your peers and learning from more successful people?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss

 

(Watch/Listen) https://www.fifeproperties.co.uk/blog/the-wealth-creation-show-what-can-we-learn-from-other-peoples-success/

 

If you’ve missed the previous shows you can catch up on our channel: https://www.youtube.com/@WealthCreationShow

 

If you are a private client of ours, including the ongoing support you can also receive one to one mentoring on portfolio building. 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.

 

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