How will interest rate rises affect the people of Fife and how high can it go? (Watch/Listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/How-will-interest-rate-rises-affect-you-and-how-high-can-it-go-e1q6j7a

 

How will interest rate rises affect you and how high can it go? Interest rates have risen sharply as the Bank of England continues to use its powers to tackle soaring prices. The Bank has increased its benchmark rate from 2.25% to 3%. That is the eighth consecutive increase since December, pushing the rate to its highest level for 14 years. It also marks the biggest single increase since 1989, and could have a big impact on the cost of living and people’s finances.

 

#InterestRates #FifeProperties #UKEconomy

EP44 THE WEALTH CREATION SHOW: How to Build Confidence (Watch/Listen)

 

 

PODCAST: https://anchor.fm/fife-properties/episodes/EP44-THE-WEALTH-CREATION-SHOW-How-to-Build-Confidence-e1qcl9g

 

Self Confidence can be defined as: A feeling of trust in one’s abilities, qualities, and judgement. For some of us it comes easier than others. Sometimes we go the whole of our lives not having that confidence that we so desperately seek that can lead us to the riches we desire.

 

Having a healthy level of self-confidence can help you become more successful in your personal and professional life.

So how do you build self-confidence?

Luckily, you don’t need to head back to school to understand this as Jim Parker and Richard Cook are on hand to take you through the 9 key areas on How to Build Confidence. As ever, this is based on Jim’s personal experience and wisdom that took him from homeless and unemployed in his early 20’s to financial freedom at 38 years old.

 

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 2022.

 

*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 Sept 2022 (Watch/Listen)

 

 

PODCAST: https://anchor.fm/fife-properties/episodes/ZOOPLA-UK-House-Price-Index-Sept-2022-e1q4s9k 

 

ZOOPLA UK House Price Index Sept 2022

Executive summary

  • Spike in 2 and 5 year fixed mortgage rates hits demand, down a third since mini budget
  • Sales still being agreed at slower rate, from cash buyers and those with cheap loans -pipeline of nearly 293,000 sales in progress
  • No signs of any impact on pricing expected in Q4
  • Outlook for 2023 depends largely on trajectory for mortgage rates
  • Sustained 6% mortgage rates would lead to double-digit price falls eroding ‘paper’ gains over pandemic but few negative equity cases
  • More likely outcome is a fall in mortgage rates towards 4% and a modest decline in house prices of up to 5% over 2023 with 1m sales
  • Robust labour market and scarcity of supply will support pricing but markets in southern England to feel the greatest impact

 

#UKHousingMarket #HousingBoom #HousingBust #HousingSupply #FifeProperties

FP TV (EP 115) INTEREST RATE RISES: How to keep your sale or remortgaging plans on track (Watch/Read/Listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/FP-TV-EP-115-INTEREST-RATE-RISES-How-to-keep-your-sale-or-remortgaging-plans-on-track-e1q9fnt 

 

INTEREST RATE RISES: How to keep your sale or remortgaging plans on track

 

Even though many lenders lowered their mortgage rates after Rishi Sunak became Prime Minister, we all face a bumpy road ahead.

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EP 43 THE WEALTH CREATION SHOW: 10 Tips to Build Wealth (Watch/Listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/EP43-THE-WEALTH-CREATION-SHOW-10-Tips-to-Build-Wealth-e1q10gg

 

So where did it all start and where can you start to build wealth? Not only for you but your family and wider community. It’s easier than you think and really starts with creating good habits and taking advantage of some simple everyday opportunities that you know but just don’t see!

 

Luckily, you don’t need to head back to school to understand this as Jim Parker and Richard Cook are on hand to take you through the 10 Tips to Build Wealth for anyone that wants to and how simple this is. Remember effort multiplied but time divided by the desired return will equal the wealth you desire. As ever, this is based on Jim’s personal experience and wisdom that took him from homeless and unemployed in his early 20’s to financial freedom at 38 years old.

 

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 2022.

 

*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.

 

 

Mortgage Market Update with Neil Bird of Cara Mortgages (Watch/Listen)

 

 

PODCAST: https://spotifyanchor-web.app.link/e/KyWMaqk2zub

 

GOOD NEWS!!!

 

I know it’s been a while, but this week has definitely seen some good news in the mortgage market!!!

 

Since Luz Truss’s resignation the money markets have started to calm a little and number of the lenders that had withdrawn from the market have returned.

 

But even better, over the last couple of days some of the big high street lenders have actually reduced theirs rates slightly for the first time in many months, with more to follow!!!

 

Other lenders have started bringing back more of their product ranges, and a least one large BTL lender has just reduced it’s rental calculation stress rates, making it easier for property investors to get the funding they need.

 

Obviously, there is a lot of talk about another Bank of England Base Rate rise next month, but with the mortgage market stabilising and improving after weeks of uncertainty and chaos, now might just be the perfect time to lock in that fixed rate you’ve been thinking about.

 

Expert advice is more important than ever, so please feel free to get in touch with Neil Bird for a chat.

 

Call: 07730 511350

Email: [email protected]

Facebook: https://www.facebook.com/NBMortgageAdviser/

 

 

 

 

FIFE PROPERTY MARKET: Granny Annexes (Watch/Read/Listen)

 

PODCAST: https://anchor.fm/fife-properties/episodes/FIFE-PROPERTY-MARKET-Granny-Annexes-e1pt2ts 

 

Could the humble ‘granny annexe’ help solve the Fife housing crisis for mature homeowners?

 

Most Fife homeowners born before 1960 have been in their homes for more than 25 years.

 

Yet of all the properties sold in the UK since the first lockdown in the summer of 2020, 50% of those property owners had only been in their homes for six years and four months or less. That means we almost have a two speed housing market.

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