PODCAST: https://anchor.fm/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–2nd–8th-Oct-2022-e1p0vci
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 are:
Continue reading FIFE PROPERTY MARKET UPDATE – 2nd – 8th Oct 2022 (Watch/Listen)
A few weeks ago, the Bank of England increased interest rates to 2.25% and they are expected to be 3.25% by early next year. This increase will make the monthly mortgage payments more expensive for first-time buyers, an issue dubbed by some as the ‘property affordability crunch.’
How far would you go to help your child get on in the world?
Many Fife parents move area to ensure their child gets into the best primary school or fund their university costs. Many of you reading this have even helped your children with the deposit for their first home from savings. Continue reading Would You Re-mortgage Your Fife Home to Help Your Child onto the Property Ladder? (Watch/read/listen)
Why Savvy Fife Buy-to-Let Landlords Don’t Use 10-Year Mortgages
And the reason you shouldn’t either
I know of many Fife buy-to-let landlords who fell into property investing by accident. Many didn’t want to sell their family home when the Fife housing market crashed in the Credit Crunch of 2009/10, yet still needed to move (often for work). They thought they would keep their Fife family home in case they ever moved back to Fife. Yet by keeping it, it couldn’t remain empty (there was still a mortgage to pay on it), so they ended up renting their home out. Continue reading Why Savvy Fife Buy-to-Let Landlords Don’t Use 10-Year Mortgages (3 min read)
PODCAST: https://anchor.fm/fife-properties/episodes/Fife-Buy-to-Let-Property-Market-Going-into-Crisis-e10q7jf
Fife Buy-to-Let Property Market Going into Crisis?
…as Fife first-time buyers now only need a 5% deposit for a mortgage.
Fife landlords, sell your property portfolios, your tenants will soon be leaving in droves as they buy their first home with the new 5% deposit mortgages backed by the Government’s new mortgage-guarantee scheme revealed in March’s budget! These 95% mortgages are to be supported by the Treasury, lessening losses for mortgage lenders should the borrower be incapable of repaying and get repossessed, as the Government want Generation Rent to turn into Generation Buy. Continue reading Fife Buy-to-Let Property Market Going into Crisis? (watch/read/listen)
Buying a house with friends can be particularly popular in younger people. It is an alternative route to getting onto the property ladder that could speed up your way to property ownership. However, there are many things to consider before deciding whether or not it is right for you. Continue below to find out all you need to know. Continue reading What To Consider When Buying A House With Friends In Fife! (3 min read)
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c/o 9 Mitchell Street,
Leven,
KY8 4HJ
97 Bonnygate,
Cupar
KY15 4LG
9 Mitchell Street,
Leven,
KY8 4HJ
c/o 9 Mitchell Street,
Leven,
KY8 4HJ
c/o Bitwise Group
Crescent House, Carnegie Campus
Dunfermline KY11 8GR
c/o 97 Bonnygate,
Cupar,
KY15 4LG
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