“Is buy-to-let still worth it?” Hardly a day goes by when someone doesn’t ask us that question.
For a lot of people, the answer is no. Changing lettings law and tax rules have caused many landlords to drop out and sell up, particularly if rent is their main or only source of income.
UK House Price Index Scotland & Fife March 2023
Headline statistics for March 2023
The average price of a property in Scotland was £184,877
The annual price change of a property in Scotland was 3.0%
The monthly price change of a property in Scotland was 0.7%
The index figure for Scotland (January 2015 = 100) was 137.0
Average house prices in Scotland increased by 3.0% in the 12 months to March 2023. This was up from 2.8% the 12 months to February 2023 and was slower than the average UK house price annual inflation of 4.1% in the 12 months to (more…)
FIFE PROPERTY MARKET UPDATE – 14TH – 20TH MAY 2023
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 143) GRAND DESIGNS: How to use planning permission to boost your home’s value
How do you feel about adding thousands to your home without making a single improvement? (more…)
The compound effect as “the principle of reaping huge rewards from a series of small, smart choices”. Consistently making smarter choices, over a long period, is what made the most successful people in the world so successful.
FIFE’S PROPERTY MARKET ENIGMA: Cracking the Code of Fife’s £190/sq. ft Puzzle for First-Time Buyers
“Dear Fife Properties
My fiancé and I have been actively searching for our first home in Fife for the past month. Being first-time buyers, we are new to this process but have genuinely enjoyed attending viewings. Although we haven’t come across our dream Fife home yet, we are staying practical and have identified three potential properties on which we are considering making an offer. While two of these properties require some attention, we believe they have great potential; we have also seen a brand-new home in Fife. (more…)
PODCAST: https://spotifyanchor-web.app.link/e/Hff04E3xYzb
How do you feel about adding thousands to your home without making a single improvement?
One of the magic words in property is ‘potential’, and getting planning permission to increase the amount of accommodation is a great way to add more value and widen your audience.
Among the many possibilities and things to consider are: (more…)
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 142: TENANT TROUBLES: How to fix conflicts and disputes without losing your head.
What’s your biggest fear about being a landlord? For many, it’s the prospect of getting locked in a lengthy dispute with their tenants while trying to keep their cool.
It’s rare for any landlord or tenant to set out looking for conflict, but sometimes the unexpected causes disagreements and discord. And when a problem strikes, having the tools to deal with it quickly and effectively can truly preserve your sanity.
(Watch/read/listen) https://fifeproperties.co.uk/blog/fp-tv-ep-142-tenant-troubles-how-to-fix-conflicts-and-disputes-without-losing-your-head-watch-read-listen/
#TenantTroubles #FifeInvestors #InvestmentStrategies #BuyToLet
Skipton launches deposit-free mortgage aimed at renters
A deposit-free mortgage specifically aimed at people currently renting has been launched by a UK building society. While a handful of other no-deposit deals are available, they all need the financial backing of family or friends. Skipton Building Society says while its deal requires 12 months of on-time rental payments and a good credit history, it does not need a guarantor. However, at 5.49% the interest rate is more expensive than the average five-year fix of 5%.
(Watch/Listen) https://youtube.com/live/lwa1FjsTkrA
Watch out for the Wealth Creation Show on Mondays @ 12.30pm live on these channels:
EP 71 THE WEALTH CREATION SHOW: 8 Steps to Smart Retirement Planning
It’s never too early to start planning for retirement. That’s because it tends to hit us suddenly that there’s plenty to think about – and a lot to actually do.
But if you approach it logically and methodically, it’s actually not that hard to plan and then act.
Are you thinking about retirement planning and the best ways to save and invest for retirement?
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 their eight key steps you can take for smart retirement planning and investing.
(Watch/listen) https://fifeproperties.co.uk/blog/the-wealth-creation-show-8-steps-to-smart-retirement-planning/
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 [email protected]
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.
It’s never too early to start planning for retirement. That’s because it tends to hit us suddenly that there’s plenty to think about – and a lot to actually do.
But if you approach it logically and methodically, it’s actually not that hard to plan and then act.
Are you thinking about retirement planning and the best ways to save and invest for retirement?
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 their eight key steps you can take for smart retirement planning and investing.
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 [email protected]
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.
What’s your biggest fear about being a landlord? For many, it’s the prospect of getting locked in a lengthy dispute with their tenants while trying to keep their cool.
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://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://fifeproperties.co.uk/blog/fife-first-time-buyers-keeping-our-local-property-market-afloat/
Zoopla UK House Price Index – May 2023
Executive summary
(Watch/Listen) https://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://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 [email protected]
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.