Fife needs 1,472 additional private rented properties per year to keep up with current and future demand from Fife tenants.
Yet over the last 5 years, Fife has lost 1,220 private rented homes.
What are the 5 reasons the supply of private rental properties in Fife are falling? What does this mean for tenants and landlords in Fife?
There has been a rise in demand for rental properties and an 8.9% fall in the number of Fife private rented properties, which has caused Fife rents to rise by 13.2% in the last year, a new all-time high.
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 Show written and produced this week is:
FPTV (EP 76) The Future of the Fife Buy-To-Let Market in 2022
“Fife Landlord? What is the future of the Fife Buy-To-Let Market in 2022? What will happen to rents in Fife And Fife house prices? What about the new landlord and tenant law changes?
This is the beginning of our year long journey to increase each other’s wealth out of collaboration and working together. Jim Parker and James Watson will share their thoughts while we learn how to do that for ourselves.
If you are a client of ours, you will also receive an invite later to a private zoom on the last each month going into more detail on this to accelerate your wealth in 2022.
Traditionally, if you had not sold your Fife home by the first week in November, you would normally have to wait for the house sellers to return in the famous Boxing Day rush on the portals (Rightmove, Zoopla etc) to get potential buyers interested. Continue reading What Will Happen to Fife House Prices in 2022? (watch/read/listen)