Month: September 2023

EP 91: The Wealth Creation Show: The Wealth Mastery Mindset (Watch/Read/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/EP-91-The-Wealth-Creation-Show-The-Wealth-Mastery-Mindset-e2a2785

 

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

 

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.

 

 

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

 

PODCAST:  https://podcasters.spotify.com/pod/show/fife-properties/episodes/Zoopla-UK-House-Price-Index–SEPTEMBER-2023-e29v0q8

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

 

 

 

FPTV (EP 162) ACCEPTING A GUARANTOR: The essential checks you need to make, and when to say no (Watch/read/listen)

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FPTV-EP-162-ACCEPTING-A-GUARANTOR-The-essential-checks-you-need-to-make–and-when-to-say-no-e2a1u9v

 

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.

(more…)

FIFE PROPERTY MARKET UPDATE – 17th – 23rd Sept 2023 (Watch/Read/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–17th–23rd-Sept-2023-e29neli

 

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 161) GETTING YOUR HOME VALUED: Behind the scenes of how it works and what to expect

 

The first step in preparing to sell your home is speaking to estate agents about its current value and how you can maximise your sale price. Jim Parker and guests provide information about how your home is valued and what will happen next.

 

(Watch/Listen/Read) https://www.fifeproperties.co.uk/blog/getting-your-home-valued-behind-the-scenes-of-how-it-works-and-what-to-expect/

 

 

 

 

FIFE’S PROPERTY MARKET PULSE: Deciphering the Latter Half of 2023

Unlock the rhythms of Fife’s property market as we journey into Q4 of 2023. Dive into a deep analysis of trends, market dynamics, and predictions, tailored especially for Fife homeowners and landlords. Whether buying or selling, this is your must-read guide to staying ahead in the property game.  Ready to decode the market?

Jim Parker and Perrie McIntosh provide their thoughts on the Fife property market for the rest of 2023.

(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/fifes-property-market-pulse-deciphering-the-latter-half-of-2023/

 

 

 

 

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

 

EP 90: The Wealth Creation Show: The Circle of Competence

The Circle of Competence is a mental model that involves developing a knowledge of what specific areas an individual has an understanding of or experience.

Everyone has built up useful knowledge in some area of the world by realising where your strengths lie.

Would you like to find your own circle of competence?

Do you want to figure out what experience and knowledge you have that will work to your advantage?

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 is on hand to discuss

 

(Watch/listen) https://www.fifeproperties.co.uk/blog/the-wealth-creation-show-the-circle-of-competence/

 

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.

 

 

EP 90: The Wealth Creation Show: The Circle of Competence (Watch/Read/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/EP-90-The-Wealth-Creation-Show-The-Circle-of-Competence-e29oscg

 

The Circle of Competence is a mental model that involves developing a knowledge of what specific areas an individual has an understanding of or experience.

Everyone has built up useful knowledge in some area of the world by realising where your strengths lie.

Would you like to find your own circle of competence?

Do you want to figure out what experience and knowledge you have that will work to your advantage?

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 is on hand to discuss

 

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.

 

GETTING YOUR HOME VALUED: Behind the scenes of how it works and what to expect (Watch/Read/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FPTV-EP-161-GETTING-YOUR-HOME-VALUED-Behind-the-scenes-of-how-it-works-and-what-to-expect-e29m0ij

 

The first step in preparing to sell your home is speaking to estate agents about its current value and how you can maximise your sale price.

 

Whether or not you already have a favourite agent in mind – and if you do, we hope it’s us! – the process of getting your home valued has several steps, including:

(more…)

UK House Price Index Scotland and Fife: July 2023 (Watch/Read/Listen)

PODCAST:  https://podcasters.spotify.com/pod/show/fife-properties/episodes/UK-House-Price-Index-Scotland-and-Fife-July-2023-e29jkvq

Economic statement

 

Average house prices in Scotland increased by 0.1% in the 12 months to July 2023. This was down from 0.3% the 12 months to June 2023 and was slower than the average UK house price annual inflation of 0.6% in the 12 months to July 2023.

On a non-seasonally adjusted basis, average house prices in Scotland increased by 1.1% between June 2023 and July 2023, compared with an increase of 1.2% during the same period 12 months ago. On a seasonally adjusted basis, average house prices in Scotland increased by 0.3% between June 2023 and July 2023.

Comparing the provisional UK HPI volume estimate for May 2022 with the provisional UK HPI volume estimate for May 2023, the volume of transactions decreased by 9.5% in Scotland and by 17.7% in the UK.

In Scotland, detached houses showed the highest annual percentage change out of all property types, increasing by 2.5% in the 12 months to July 2023 to £345,000. Flats and maisonettes showed the lowest annual percentage change, which decreased by 1.5% in the 12 months to July 2023 to an average price of £131,000.

The highest annual percentage change was in East Lothian, where average house prices increased by 11.7% in the 12 months to July 2023 to £330,000. The lowest annual percentage change was in West Dunbartonshire, where average house prices decreased by 7.0% in the 12 months to July 2023 to £133,000.

As with other indicators in the housing market, which typically fluctuate from month to month, it is important not to put too much weight on one month’s set of house price data.

 

 

FIFE PROPERTY MARKET UPDATE – 10th – 16th Sept 2023 (Watch/Read/Listen)

 

 

PODCAST:  https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–10th–16th-Sept-2023-e29e9f6 

 

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 160) EMPTY PROMISE: Turn a vacant spell into a brighter future for your buy-to-let

An empty rental property doesn’t have to be a downer. In fact, having some time between tenancies gives you the chance to optimise your investment’s rental yield, sales value, and future popularity.

That said, vacant homes do have some extra risks and management that you don’t need to think about when your property has a tenant.

So, whether you’re making improvements to turn a greater profit, or just keeping things in check until the next tenancy begins, this week’s blog is jam-packed with expert tips and tricks.

Lettings Director Richard Cook along with one of the UK’s most successful Property Investors, Jim Parker discuss this topic.

 

(Watch/read/listen) https://www.fifeproperties.co.uk/blog/fptv-ep-160-empty-promise-turn-a-vacant-spell-into-a-brighter-future-for-your-buy-to-let/

 

 

 

UNDERSTANDING FIFE’S PROPERTY MARKET: The Hidden Perils of Overpricing Your Home in Fife’s Cooling Market

Thinking about selling your home in Fife? New data reveals it’s more crucial than ever to price it correctly! With the UK housing market at its lowest growth rate since 2012 and high mortgage rates affecting demand, overpricing your Fife home could spell disaster—leading to fewer views, longer time on the market, and even stigmatising your property so it doesn’t sell. Dive into our latest article to understand the nuances of Fife’s cooling property market (with local stats) and avoid the hidden perils of overpricing!

(Watch/Read/Listen) https://www.fifeproperties.co.uk/blog/understanding-fifes-property-market-the-hidden-perils-of-overpricing-your-home-in-fifes-cooling-market/

 

 

 

 

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

 

EP 89: The Wealth Creation Show: Cash Flow is King!

One of the most important lessons entrepreneurs have to learn, often painfully, is that cash really is king.

It doesn’t matter how much money is coming in the future if you don’t have enough money to get from here to there.

Do you know the difference between profit and cash flow?

Would you like to know how to project and manage cash flow?

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 is on hand to discuss

 

(Watch/listen) https://www.fifeproperties.co.uk/blog/the-wealth-creation-show-cash-flow-is-king/

 

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.