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:
Continue reading FIFE PROPERTY MARKET UPDATE – 25th – 31st Aug 2024 (Watch/Read/Listen)
The rental property market is on the brink of a significant shift, one that will undoubtedly cause concern among landlords across the UK. The new Labour government has made clear its intention to raise the minimum energy performance standards for English rental properties, a move that could have far-reaching implications for both landlords and tenants alike in Scotland. The proposed English change, which would see the minimum Energy Performance Certificate (EPC) rating for English rental properties increase from E to C by 2030, has sparked a mix of anxiety and uncertainty within the property sector.
Continue reading 9,730 Fife Landlords to be Hit by New Eco Rules in 2030 (Watch/Read/Listen)
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 166: BUY-TO-LET RATE HIKES: Expert options if you’re a landlord facing higher mortgage costs
If you’re a landlord with a fixed-rate mortgage nearing the end of its initial term, you’ll only be too aware of the coming increase in your monthly repayments.
Back in October 2021 and 2018, two and five-year buy-to-let fixed rates averaged around 3%, but they’re now switching to today’s rates of more than 6% – a substantial jump!
Hints and tips provided by Lettings Director Richard Cook along with one of the UK’s most successful Property Investors, Jim Parker.
(Watch/read/listen) https://www.fifeproperties.co.uk/blog/fptv-ep-166-buy-to-let-rate-hikes-expert-options-if-youre-a-landlord-facing-higher-mortgage-costs/
RENTAL MARKET DYNAMICS: A National & Regional Overview with a Focus on Fife
From National & Regional Trends to Fife’s Rental Revolution, the Private Rental Sector is characterised by soaring demand and limited supply. Discover Fife’s unique position and learn how savvy Fife landlords and tenants are navigating these challenging times. Are you ready to seize the opportunity?
Jim Parker and Richard Cook dive into the facts and data to help you make sense of the figures.
(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/rental-market-dynamics-a-national-regional-overview-with-a-focus-on-fife/
Watch out for the Wealth Creation Show on Mondays @ 12.30pm live on these channels:
EP 95: The Wealth Creation Show: Slow Down to Speed Up!
In life, business, and leadership, moving too fast can cause your work to suffer and your sense of well-being to decrease.
Allow yourself to take a steadier pace in exchange for a greater degree of control and focus over your work and life as a whole.
It’s not a sprint, it’s a marathon!
Are you tackling tasks at breakneck speed?
Are you experiencing high levels of stress?
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/Read/listen) https://www.fifeproperties.co.uk/blog/the-wealth-creation-show-slow-down-to-speed-up/
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.
The UK rental market has once again demonstrated its resilience and dynamic nature.
With Fife Tenants Deposits Totalling £16,159,493, How Could ‘Lifetime Deposits’ Change the Fife Rental Market?
Westminster’s scheduled publication of their White Paper for the Renter’s Reform Bill, which incorporates proposals to forbid Section 21 evictions and introduce ‘Lifetime Deposits’ in England, has been suspended until 2022.
The additional time is required to give a chance to create a level playing field to reforms for both landlords and tenants in the private rented sector in England.
In this article, I want to look at these lifetime deposits.
Whilst any law change in England would not automatically come to Wales/Scotland, I think it’s important to consider what is happening in England in case our government decided to do the same. Continue reading How Could ‘Lifetime Deposits’ Change the Fife Rental Market? (watch/read/listen)
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