PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–27th-Aug–2nd-Sept-2023-e28s9o9
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 158) SPREAD YOUR LETS: Is it time to diversify your lettings portfolio?
Although long-term lettings to professional tenants are easily the most hands-off way of being a landlord, they’re not your only option.
So having previously covered renting to families, attracting high-income earners, and even being an eco-friendly landlord, we’re now going off-piste into other areas of the lettings market.
Lettings Director Richard Cook and Jim Parker provide insight into this subject.
(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/fp-tv-ep-158-spread-your-lets-is-it-time-to-diversify-your-lettings-portfolio-6-min-read
THE CHANGING LANDSCAPE OF FIFE’S HOUSING MARKET
Exploring the Ethical Dimensions of Buy-to-Let Investment
Is Buy-to-Let in Fife Ethical?
Dive into our comprehensive article exploring the complexities and ethical dimensions of Fife’s housing market. This piece examines the generational economic imbalances, the rise of private renting, and the controversial role of buy-to-let landlords, providing a nuanced view of the challenges and potential solutions. Are Fife landlords providing an essential service or exacerbating a housing crisis?
(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/the-changing-landscape-of-fifes-housing-market/
Zoopla UK House Price Index – AUGUST 2023
Executive summary
- Annual UK house price inflation slows to +0.1%, lowest since 2012
- House price growth ranges from +1.7% in Scotland to -1% in London
- Profile of regional house price inflation linked to first-time buyer affordability and the relative cost of renting and buying
- Housing transactions still on track for 1 million completions in 2023
- Sales completions 21% lower over 2023, the lowest level since 2012
- Cash buyer sales expected to hold in line with 2022 while mortgage-backed sales likely to be 28% lower as higher rates impact demand
- Faster earnings growth improving housing affordability
- Lower mortgage rates key to improved demand and sales in 2024
(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-august-2023/
Watch out for the Wealth Creation Show on Mondays @ 12.30pm live on these channels:
EP 87: The Wealth Creation Show: Save, Spend, Share, Invest! 4 Ways to Use Your Money
Knowing how to manage money is crucial in today’s quickly evolving financial environment.
To be financially independent, one must recognise the significance of prudent saving, spending, sharing and smart investing.
Do you want to create smart saving habits? Adopt mindfulness when spending?
What are the benefits of smart investing and giving back?
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 is on hand to discuss
(Watch/listen) https://www.fifeproperties.co.uk/blog/the-wealth-creation-show-save-spend-share-invest-4-ways-to-use-your-money/
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 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.
