38,674 FIFE TERRACED HOUSES. Why are they so popular? (Watch/Read/Listen 4 mins)

 

 PODCAST:  https://anchor.fm/fife-properties/episodes/38-674-Fife-Terraced-Houses-Why-are-they-so-popular-e1hfe8r 

 

The terraced house is one of the most familiar styles of home in Fife (and the UK as a whole).

 

24% of Fife people live in a terraced home, interesting when compared with the national average of 22.7%.

 

So, what is it about the humble terraced/townhouse us Brits love so much? In this article, I look at the history of the terraced house, how it relates to Fife and what the future holds for terraced homes.

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FP TV (EP 87)UNFURNISHED LETTINGS: What features do tenants pay more rent for? (Watch/Read/Listen 4 mins)

 

PODCAST: https://anchor.fm/fife-properties/episodes/FP-TV-EP-87-UNFURNISHED-LETTINGS-What-Features-Do-Tenants-Pay-More-Rent-For-e1h8ikk

 

The average age of a first-time buyer has risen to 32, and tenancies are lasting longer than ever. Not all national trends apply to lettings in Fife, but this one absolutely does.

 

With renting no longer seen as a temporary measure, tenants are looking for a sense of permanence combined with more comfort. This means surrounding themselves with their own belongings in a well-presented and well-equipped home.

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69% Drop in Fife Council Houses in the Last 40 Years (Watch/Read/Listen – 4 mins)

 

PODCAST: https://anchor.fm/fife-properties/episodes/69-Drop-in-Fife-Council-Houses-in-the-Last-40-Years-e1h39kf

 

  • In 1981, 59% of properties in Fife were council houses. Today, that figure stands at 18%, a proportional drop of 69%.

 

  • Why has the number of council houses dropped so much in those 40 years?

 

  • How has that changed the dynamics of the Fife property market in those 40 years?

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COST OF LIVING CRISIS: What Can Landlords Do? (Watch/read/listen)

PODCAST: https://anchor.fm/fife-properties/episodes/FP-TV-EP-85-COST-OF-LIVING-CRISIS-What-Can-Landlords-Do-e1gk6ma

 

We’ve all seen the headlines: inflation at its highest point in almost 30 years; interest rates are rising, and the energy cap is about to lift. Everyone’s on tenterhooks to see what it will mean for their bank balance, and of course, landlords and tenants are going to be affected.

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1 in 4 Fife Homeowners Unable to Sell (Watch/read/listen 4 mins)

PODCAST: https://anchor.fm/fife-properties/episodes/1-in-4-Fife-Homeowners-Unable-to-Sell-e1gftp7

 

The average time to find a buyer for a Fife property reduced from 55 days in 2020 to 28 days in 2021.

 

Yet still, just under 1 in 4 Fife homeowners are on the market after 12 weeks.

 

Why are so many Fife homes still on the market after all that time, and what does it mean for the Fife property market?

 

You would have needed to have been living in a cave since the end of Lockdown No.1, not to realise the property market has been on fire in Fife (and the UK as a whole) for the last 18/20 months.

 

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