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 141) BIG BUYER TURN-OFFS: Five major viewing mistakes and how to avoid them
You’ve picked your estate agent, you’re chuffed with your photos and description, and your home is priced to precision. Now all that’s left is your viewings – what can go wrong?
Well, quite a lot! Join Jim Parker and guests as they provide guidance on how to avoid making these mistakes.
(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/big-buyer-turn-offs-five-major-viewing-mistakes-and-how-to-avoid-them/
Fife First-time Buyers Keeping our Local Property Market Afloat
The Rise of Fife’s Property Market Heroes: First-Time Buyers Making Their Move.
Amidst a backdrop of rising rents and limited rental options, Fife’s determined first-time buyers are transforming the local property landscape. Delve into their strategies, discover how they overcome financial hurdles, and learn how they secure their dream homes in the face of adversity. Don’t miss out on the inside scoop that reveals why Fife’s property market has found its champions in these resilient individuals.
(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/fife-first-time-buyers-keeping-our-local-property-market-afloat/
Zoopla UK House Price Index – May 2023
Executive summary
- Annual house price growth slows but the worst of the month-on-month price falls are now behind us
- Demand continues to recover as the number of new sales grows
- First-time buyers (FTBs) were the largest buyer group in 2022 and look set to be a strong source of new sales again in 2023
- 3-bed homes remain the most in-demand property for FTBs (40%) but there is a clear shift in FTB demand towards 2-bed flats
- Income to buy a 3-bed FTB home has increased by £7,350 since 2020 but this varies by geography
- The housing market is more balanced than for some years and sales could exceed 1m over 2023 if current trends continue.
(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-may-2023/
Watch out for the Wealth Creation Show on Mondays @ 12.30pm live on these channels:
EP 70 THE WEALTH CREATION SHOW: 10 Money Savvy Strategies
Eliminating debt is easy to talk about but hard to do, at least not until you eliminate all of your “toxic debt”, which is considered to be pretty much everything but your mortgage.
You will find it difficult to invest and build wealth when your primary wealth-building tool — your income — is tied up in monthly finance charges.
These 10 steps will show you how to save for emergencies, pay off all your debt for good, and build wealth. It’s not a fairy tale. It works every single time!
Are you ready to take control of your money?
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 discuss the 10 steps to being money savvy and help you build wealth by eliminating that “toxic debt”.
(Watch/listen) https://www.fifeproperties.co.uk/blog/the-wealth-creation-show-10-money-savvy-strategies/
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.
