#RentingToSharers #LettingLegislation #InvestmentStrategies #FifeInvestors
#fifeproperties #fifeestateagents #fifehomes #buyorrentinfife #tobuyornottobuyinfife
#fifeproperty #fifelandlords #rentalreport #undersupply #supplyanddemand
#WealthCreation #PassiveIncome #PropertyInvestment #FinancialFreedom #Compounding #WealthAcceleration
FP TV EP 136 RENTING TO SHARERS: How to Prepare Your Property and Get The Legals Right
Demand for rental homes rose by around 25% in 2022, and competition among tenants is hotter than ever as potential buyers wait and see what house prices will do. As rents continue to rise from a shortage of property, more and more young professional adults are looking to share a rental home in Fife to save on costs without living in a tiny space.
(Watch/read/listen) https://www.fifeproperties.co.uk/blog/fp-tv-ep-136-renting-to-sharers-how-to-prepare-your-property-and-get-the-legals-right-watch-read-listen/
RENTING v’s BUYING IN FIFE: Why Fife First-Time Homebuyers Are Winning the Affordability Battle
It’s a question that’s on everyone’s mind: is it cheaper to rent or buy? Our analysis reveals why first-time Fife homebuyers are coming out ahead. Jim Parker and guests take a closer look at this topic and by sharing their wealth of experience and knowledge, they will assist those who are still undecided to make an informed choice.
(Watch/read/listen) https://www.fifeproperties.co.uk/blog/renting-vs-buying-in-fife-why-fife-first-time-homebuyers-are-winning-the-affordability-battle/
ZOOPLA UK RENTAL MARKET REPORT – March 2023
Executive summary
- Rental inflation has slowed to 11.1%, from a high of 12.3% in mid-2022
- A strong labour market and record immigration drove demand in 2022. Private rented housing supply has grown just 1% since 2016
- Higher mortgage rates have further weakened the economics of investing for landlords, impacting new investment in rental supply
- Landlords ‘searching for yield’ to offset rising costs will push some to let into different sectors of the private rental market
- The growth in overall rental supply is set to remain limited in 2023. Demand is expected to remain above average but lower than 2022
- Rental inflation for new lets will slow to 4-5% by the year end. The slowdown could be rapid in inner London and other city centres.
(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-rental-market-report-march-2023/
Watch out for the Wealth Creation Show on Monday @ 12.30pm live on these channels:
EP65 THE WEALTH CREATION SHOW: The Laws of Wealth Creation
Wealth creation is not a get-rich-quick scheme; it’s a lifelong journey that requires patience, perseverance, and a willingness to adapt to changing circumstances.
By developing a growth mindset and cultivating good financial habits, you can steadily increase your net worth over time to achieve your financial goals.
So how easy is it to create wealth and is there a process you can follow?
Luckily, you don’t need to head back to school to understand this as Richard Cook and one of the UK’s most successful property investors, Jim Parker is on hand to explore the six laws of wealth creation to help you create a plan of action to take control of your financial future. By embracing these principles and committing to a plan, you can unlock the potential for financial success and pave the way towards a prosperous and fulfilling life.
(Watch/listen) https://www.fifeproperties.co.uk/blog/the-wealth-creation-show-the-laws-of-wealth-creation/
If you’ve missed the previous shows you can catch up on our play list: https://www.youtube.com/playlist?list=PLu-dtDBNhbLJvH_47QHVWEQSB0w2_KGj9
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.
