House Price Inflation Archives - Fife Properties
Fife Properties

FIFE PROPERTY MARKET UPDATE – 23rd – 29th JULY 2023 (Watch/Listen)

 

 

PODCAST:  https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–23rd–29th-JULY-2023-e27i09k

 

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 153) SELL NOW OR WAIT? What’s the right move for you?

Continue reading FIFE PROPERTY MARKET UPDATE – 23rd – 29th JULY 2023 (Watch/Listen)

Zoopla UK House Price Index – JULY 2023 (Watch/Listen)

 

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/Zoopla-UK-House-Price-Index–JULY-2023-e27g2nv

 

Executive summary

 

  • Annual UK house price inflation slows to +0.6%

 

  • Modest annual price falls of up to -2.2% concentrated in southern England and markets with an average price over £300,000

 

  • Affordable markets in economically active areas still registering annual house price inflation of over 3.5%

 

  • Higher mortgage rates have reduced demand by 18% in last 2 months

 

  • Rise in mortgage rates appears close to peaking – likely to return to the 4-5% window this autumn. The key risk is higher rates for longer

 

  • Resumption of modest price falls expected in H2 2023, concentrated across southern England in response to higher mortgage rates.

 

  • UK prices still on track to be up to 5% lower over 2023

 

FIFE PROPERTY MARKET UPDATE – 28TH MAY – 3RD JUNE 2023

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–28TH-MAY–3RD-JUNE-2023-e256tdb

 

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 145) SUMMER VIEWINGS: Stand Out from The Crowd in The Best Season for Selling in Fife

 

Summer is upon us, and with it comes the best time of the year to sell your home (and to be an estate agent!). Blue skies, warm temperatures and nature in bloom make photos look brilliant, and homes look their best, while the lighter nights fuel faster decisions with fewer viewings in the dark.

Continue reading FIFE PROPERTY MARKET UPDATE – 28TH MAY – 3RD JUNE 2023

Zoopla UK House Price Index – May 2023 (Watch/Listen)

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/Zoopla-UK-House-Price-Index–May-2023-e24uaaf

 

Zoopla UK House Price Index – May 2023

 

Executive summary

 

  • UK house prices fall 1.3% over the last 6 months

 

  • Rate of price falls has slowed as activity levels recover

 

  • Stronger growth in new sales brings more sellers into the market

 

  • Above average activity in the N. East, Scotland and London

 

  • Weaker demand but sales hold up in Midlands and southern England

 

  • Regional trends explained by recent price inflation and affordability

 

  • Mortgage regulations have tempered the impact of higher mortgage rates on house prices.

 

  • The prospect of higher mortgage rates in H2 is likely to weaken demand and activity but the scale depends on how high rates move.

 

#fifeproperty #fifeestateagent #housepricegrowth #buyerdemand #housepriceinflation #firsttimebuyerdemand

FIFE PROPERTY MARKET UPDATE – 30TH APRIL – 6TH MAY 2023 (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–30TH-APRIL–6TH-MAY-2023-e23l3i9 

 

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.

 

Zoopla UK House Price Index – May 2023 (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/Zoopla-UK-House-Price-Index–May-2023-e23huvf

 

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.

 

 

FIFE PROPERTY MARKET UPDATE – 2ND – 8TH APRIL 2023 (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–2ND–8TH-APRIL-2023-e222fhh

 

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 137) BOOST YOUR SALE PRICE: The best upgrades to bowl over buyers and sell your home for more

Pushing your home’s value to its full potential can make your next move bigger and better. That could mean more space, a larger garden, or a swisher location than you thought was possible.

But where do you start?

Jim Parker and guests share their vast experience to provide useful hints and tips on today’s subject.

(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/boost-your-sale-price-the-best-upgrades-to-bowl-over-buyers-and-sell-your-home-for-more/

 

 

Why Does it Still Take 79 Days to Buy a Fife House?

How to Speed Up the Home-Buying Process in Fife

Are you fed up with the slow and frustrating home-buying process in Fife? In this article, we share expert advice from a local estate agent on how to speed things up. Don’t miss out on this valuable information – click the link below to read now!

(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/why-does-it-still-take-79-days-to-buy-a-fife-house/

 

 

Zoopla UK House Price Index – February 2023

 

Executive summary

  • The housing market continues to experience a soft repricing
  • Annual inflation slows to 4.1%, prices 1% lower than in October 2022
  • Market conditions at the end of Q1 are better than many had expected – buyers and sellers are striking deals at an increasing rate
  • We expect 500,000 sales completions in H1 2023 meaning we are on track for 1m sales, potentially even higher in 2023
  • Sales activity is being supported by 65% more homes for sale compared to March 2022 and falling mortgage rates
  • We find a shift in sales towards markets with better value for money and expect the inner London flats market to see more activity in 2023
  • High rental inflation will continue to support first-time buyer demand

 

(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-february-2023/

 

 

Watch out for the Wealth Creation Show this Monday @ 7pm live on these channels:

EP66 THE WEALTH CREATION SHOW: Atomic Habits Do you want to achieve your goals by creating good habits through self-improvement and focus?

Everyone has goals they want to achieve. Over the years, focusing on those goals can be all-consuming, with many hours spent trying to reach them. But while people may take giant steps in their progress, real results come when making small changes.

If you want lasting change, remain consistent with your habits. Don’t focus so much on the size of the change but instead on where it can lead you.

Do you want to achieve your goals by creating good habits through self-improvement and focus?

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 how your habits determine your identity, how to make new habits easy and how to avoid negativity ruling you. With some practice, you’ll begin to develop habits that help you succeed in your personal and professional life.

(Watch/listen) https://www.fifeproperties.co.uk/blog/the-wealth-creation-show-atomic-habits/

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.

 

 

 

 

Zoopla UK House Price Index – February 2023 (Watch/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/Zoopla-UK-House-Price-Index–February-2023-e21qobi

 

Executive summary

  • The housing market continues to experience a soft repricing
  • Annual inflation slows to 4.1%, prices 1% lower than in October 2022
  • Market conditions at the end of Q1 are better than many had expected – buyers and sellers are striking deals at an increasing rate
  • We expect 500,000 sales completions in H1 2023 meaning we are on track for 1m sales, potentially even higher in 2023
  • Sales activity is being supported by 65% more homes for sale compared to March 2022 and falling mortgage rates
  • We find a shift in sales towards markets with better value for money and expect the inner London flats market to see more activity in 2023
  • High rental inflation will continue to support first-time buyer demand

FIFE PROPERTY MARKET UPDATE – 26TH FEB – 4TH MAR 2023 (Watch/Listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–26TH-FEB–4TH-MAR-2023-e1vt6cb

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 132 LANDLORD EXPENSES: Use our expert guide to claim back every cost you’re entitled to

How many tax allowances do you think you can claim from owning a rental property? The truth might pleasantly surprise you. Being a landlord is a business, but from our experience, not every landlord knows what they’re entitled to. As well as the obvious costs like mortgages and maintenance, there are many smaller expenses that can soon add up and make a real difference to your bottom line.

(Watch/read/listen) https://www.fifeproperties.co.uk/blog/fptv-ep-132-landlord-expenses-use-our-expert-guide-to-claim-back-every-cost-youre-entitled-to/

 

 

Zoopla UK and Fife House Price Index – January 2023

  • Annual house price inflation slows to 5.3% down from 8.6% last year
  • Buyer demand and sales volumes are 20-50% lower than a year ago but slightly ahead of the pre- pandemic years (2017-2019)
  • Sellers having to accept an average 4.5% discount to the asking price to achieve a sale – the highest for 5 years as a buyers’ market takes hold
  • Average discount to asking price is £14,000 meaning sellers are having to forgo a third of their pandemic house price gains
  • Broad based repricing of housing underway – UK house price inflation set to move into low negative year-on-year by summer
  • Market is still on track for a soft landing with modest price falls of up to 5% and 1m sales in 2023

 

(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-january-2023/

 

 

Watch out for the Wealth Creation Show on Monday @ 12.30pm live on these channels:

 

The Ultimate Guide To Buy To Let Investment

If you’re wondering how to make money from property then buy to let investment is one of the most popular and lucrative investment methods out there. By purchasing a buy to let property, investors can generate attractive returns and benefit from ownership of a valuable asset in the UK property market.

 

Before getting started with buy to rent, however, there are certain things you need to know about. If you think you need to brush up on your buy to let property knowledge our buy to let tips and advice will help you get started on your investment journey.

 

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 take you through building a property portfolio, what it means to purchase several buy-to-let investment opportunities to generate a significant return on investment – more so than you would with just one property. Also, making sure you are financially ready, setting goals, doing your research, remembering to diversify and the benefits of a Hands-Off Investment.

 

(Watch/listen) https://www.fifeproperties.co.uk/blog/the-wealth-creation-show-the-ultimate-guide-to-buy-to-let-investment/

 

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.

Zoopla UK House Price Index – January 2023 (Watch/Read/Listen)

 

 

PODCAST: https://spotifyanchor-web.app.link/e/mwobdmvHOxb

 

  • Annual house price inflation slows to 5.3% down from 8.6% last year
  • Buyer demand and sales volumes are 20-50% lower than a year ago but slightly ahead of the pre- pandemic years (2017-2019)
  • Sellers having to accept an average 4.5% discount to the asking price to achieve a sale – the highest for 5 years as a buyers’ market takes hold
  • Average discount to asking price is £14,000 meaning sellers are having to forgo a third of their pandemic house price gains
  • Broad based repricing of housing underway – UK house price inflation set to move into low negative year-on-year by summer
  • Market is still on track for a soft landing with modest price falls of up to 5% and 1m sales in 2023

 

 

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