FIFE PROPERTY MARKET UPDATE – 28TH MAY – 3RD JUNE 2023

Jim Parker June 4, 2023

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–28TH-MAY–3RD-JUNE-2023-e256tdb

 

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 145) SUMMER VIEWINGS: Stand Out from The Crowd in The Best Season for Selling in Fife

 

Summer is upon us, and with it comes the best time of the year to sell your home (and to be an estate agent!). Blue skies, warm temperatures and nature in bloom make photos look brilliant, and homes look their best, while the lighter nights fuel faster decisions with fewer viewings in the dark.

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I have £115,000 to invest – is a Fife rental property still worth the risk? (Watch/Read/Listen)

Jim Parker June 2, 2023

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/Thinking-of-Investing-115-000-in-Fife-Property-e25d0dj

 

“We have recently inherited £115,000. We have contemplated purchasing a Fife buy-to-let property to support our early retirement. Considering that the Skipton Building Society offers a 4.25% return on their 18-month bond and the stagnant Fife property market, we are uncertain whether investing in a rental property is worth the trouble. Kind regards. Mr & Mrs A from Fife”.

 

Dear Mr & Mrs A from Fife, if your primary objective is to generate income and reduce your workload, buying a buy-to-let property is likely not the favourable option unless you leverage the purchase. Let me explain…

 

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FP TV (EP 145) SUMMER VIEWINGS: Stand Out from The Crowd in The Best Season for Selling in Fife (Watch/Read/Listen)

Jim Parker June 1, 2023

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FP-TV-EP-145-SUMMER-VIEWINGS-Stand-Out-from-The-Crowd-in-The-Best-Season-for-Selling-in-Fife-e2555p7 

 

Summer is upon us, and with it comes the best time of the year to sell your home (and to be an estate agent!).

 

Blue skies, warm temperatures and nature in bloom make photos look brilliant, and homes look their best, while the lighter nights fuel faster decisions with fewer viewings in the dark.

 

With so many positives, it’s no wonder that summer is the time of year when lots of people decide to sell. As more homes come on the market and the competition hots up with the weather, the name of the game is standing out from the crowd, instead of getting lost in it. In short, now is the time for your home to shine.

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

Jim Parker May 30, 2023

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/Zoopla-UK-House-Price-Index–May-2023-e24uaaf

 

Zoopla UK House Price Index – May 2023

 

Executive summary

 

  • UK house prices fall 1.3% over the last 6 months

 

  • Rate of price falls has slowed as activity levels recover

 

  • Stronger growth in new sales brings more sellers into the market

 

  • Above average activity in the N. East, Scotland and London

 

  • Weaker demand but sales hold up in Midlands and southern England

 

  • Regional trends explained by recent price inflation and affordability

 

  • Mortgage regulations have tempered the impact of higher mortgage rates on house prices.

 

  • The prospect of higher mortgage rates in H2 is likely to weaken demand and activity but the scale depends on how high rates move.

 

#fifeproperty #fifeestateagent #housepricegrowth #buyerdemand #housepriceinflation #firsttimebuyerdemand

FIFE PROPERTY MARKET UPDATE – 21ST – 27TH MAY 2023 (watch/Read/Listen)

Jim Parker May 28, 2023

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–21ST–27TH-MAY-2023-e24qehm

 

FIFE PROPERTY MARKET UPDATE – 21ST – 27TH 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 144 NEXT-GEN LANDLORDS: Discover the tactics that make buy-to-let still worth it in 2023

“Is buy-to-let still worth it?” Hardly a day goes by when someone doesn’t ask us (more…)

Fife House Prices Have Risen by 7.18% Since Christmas. (Watch/Read/Listen)

Jim Parker May 26, 2023

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/Fife-House-Prices-Have-Risen-by-7-18-Since-Christmas-e2500ia

 

Fife House Prices Have Risen by 7.18% Since Christmas.

 

Since Christmas, Fife first-time buyers and savvy Fife buy-to-let landlords have been more active than expected in the Fife property market.

 

Rents in the Fife area have soared in the last two years, with the average Fife rent increasing to £799 a month, an increase of 8.1%.

 

Because of these growing Fife rents, it has made homeownership more cost-effective for younger Fife buyers and more lucrative for Fife landlords.

 

On the back of this, house prices are rising in Fife.

 

But how can I say house prices are rising when the Land Registry and other indices from the banks state they are falling? (more…)

FP TV EP 144 NEXT-GEN LANDLORDS: Discover the tactics that make buy-to-let still worth it in 2023 (watch/read/listen)

Jim Parker May 24, 2023

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FP-TV-EP-144-NEXT-GEN-LANDLORDS-Discover-the-tactics-that-make-buy-to-let-still-worth-it-in-2023-e24p53i

 

“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.

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

Jim Parker May 24, 2023

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/UK-House-Price-Index-Scotland–Fife-March-2023-e24nhl8

 

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 (Watch/Read/Listen)

Jim Parker May 21, 2023

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/FIFE-PROPERTY-MARKET-UPDATE–14TH–20TH-MAY-2023-e24foig

 

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…)

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