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 162: ACCEPTING A GUARANTOR: The essential checks you need to make, and when to say no
For some landlords, the very mention of guarantors can ring alarm bells. But they’re written into more tenancy agreements than you might think, and needing one isn’t necessarily a sign of problems ahead.
Even well-paid professionals with a glowing landlord’s recommendation can fall short in the referencing process, so it’s wise to have an understanding of what it means to have a tenant with a guarantor.
Join Lettings Director Richard Cook along with one of the UK’s most successful Property Investors, Jim Parker (who will more than likely share some of his secrets) this Saturday morning live on “The Fife property Show”. Tune in at 9.30am and we’ll take your questions LIVE. Hit the notification button to receive an alert on the day.
(Watch/read/listen)https://www.fifeproperties.co.uk/blog/fptv-ep-162-accepting-a-guarantor-the-essential-checks-you-need-to-make-and-when-to-say-no
FIFE PROPERTY INSIGHTS: Ignoring the Doom Monger Headlines
Debunking the myths surrounding the Fife property market! Dive into an enlightening read that takes you beyond the doom and gloom headlines, revealing the true, resilient nature of Fife’s housing scene. Uncover the historical cycles, global influences, and local strengths that shape our Fife property dynamics.
Jim Parker and Perrie McIntosh provide a guide as they discuss this topic.
Discover the bigger picture; click the link below to read the full insights.
(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/fife-property-insights-ignoring-the-doom-monger-headlines/
Zoopla UK House Price Index – SEPTEMBER 2023
Executive summary
- Annual UK house price inflation moves negative to -0.5%, ranging from 1.6% in Scotland to -1.5% in
the South East and Eastern regions
- Demand ticks higher over September as market sentiment improves
- Buyers unwilling to compromise on what they want in face of higher borrowing costs, waiting for price
falls and/or lower mortgage rates
- Mortgage rates expected to fall slowly in Q4 2023
- Number of buyers will increase once mortgage rates get below 4.5%
- A buyers’ market remains – the average discount to the asking price to achieve a sale up to 4.2%, the
highest since 2019
- Average UK house prices on track to be 2-3% lower over 2023
(Watch/Listen) https://www.fifeproperties.co.uk/blog/zoopla-uk-house-price-index-september-2023/
Watch out for the Wealth Creation Show on Mondays @ 12.30pm live on these channels:
EP 91: The Wealth Creation Show: The Wealth Mastery Mindset
What others fail to realise is that their deep beliefs (usually the ones their parents had) determine how much money they make or don’t make, who they marry, what kind of home they live in, the clothes they wear, the kind of car they drive and everything else!
Everything you do is controlled by your beliefs! Our beliefs are our views, our judgments, our way of thinking, what we believe in, what we believe to be true or false, right or wrong, and our conclusions about life.
Very seldom do we consciously choose our beliefs. We usually inherit them from our parents and environment around us.
Can your beliefs change your life? And what are your beliefs?
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/listen) https://www.fifeproperties.co.uk/blog/ep-91-the-wealth-creation-show-the-wealth-mastery-mindset/
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 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.
