When you’ve worked hard and invested carefully to build your wealth, you want to look after it. That’s why it’s important to understand your genuine feelings about wealth preservation and risk from the outset.
If you’re thinking of selling in the new year, December is the time to get everything in place for putting your home on the market when buyer activity picks up.
With a break from work to finesse your presentation and a quieter month to get valuations from agents and find your perfect match, there are lots of advantages to starting the ball rolling now.
Total transaction volumes and new build volumes available to calculate UK HPI estimates have increased recently. HM Land Registry has processed over 40% of HM Revenue & Customs’ provisional sales estimate for UK HPI’s first estimate in recent months, though transaction volumes for older periods and new build volumes remain lower than historical averages. Users should be aware that revisions may be larger than historically and should note the greater uncertainty around new build prices.
As we hit the third week of December, the Fife property market does slow down ready for the big day. It’s at this time of year, I like to work out the total value of every home in Fife, and how that value has changed since 2010 (as that was the bottom of the market after the Credit Crunch). During those years, Fife has gone through market cycles, mortgage booms, periods of national uncertainty, political shifts, and economic swings. Yet when you step back, the story is simple. Fife housing wealth has risen markedly.
Buying and spending are rarely purely logical activities. Instead, they are driven by a complex interplay of brain chemistry, emotional triggers, and strategic marketing.
Spending often activates the brain’s reward system, primarily through dopamine and many spending decisions are attempts to regulate or satisfy emotional states.
Although most of the responsibilities of caring for rental homes are clearly defined, it’s those subtle grey areas that leave the door open for disputes between tenants and landlords.
Some obligations are set out in law, and some depend on what you agree in the tenancy agreement. Others get left out altogether, and these omissions are often the cause of awkward disagreements.
The festive season is a wonderful time of year, and hosting at Christmas is the perfect way to bring together our favourite people and fill our homes with warmth, light and delightful aromas.
The thing is, being responsible for everyone’s seasonal joy can lead to the host missing out on some of the fun. However, with the right approach, you can enjoy the party as much as your guests.