FIFE PROPERTIES - helpful guides for buyers, sellers, landlords & tenants

EP 118: THE WEALTH CREATION SHOW: Happiness & Prosperity: Part 2

What is The Definition of a Happy, Prosperous Person?

A happy, prosperous and indeed wealthy person can be defined as someone who is doing what they love and earning a substantial annual income together with having high value assets.

There may be a few people around you that live life doing what they really want to do. They have plenty income from their business and other investment. They do what they like, when they like, and enjoy life to the fullest.  

So that brings us to the question.......Is it possible to identify a happy prosperous person?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

FIFE PROPERTY MARKET UPDATE – 7th – 13th April 2024

Weekly round up on what's driving the Fife Property market.

We will be looking at:  

·       Fife Properties recent listings, sales and coming

soon.

·       Weekly stats for new and sold in Fife.

·       A review of the shows produced and broadcast live

this week.

·       Details of the next Wealth Creation Show episode

which airs this Monday @ 12.30pm.

FPTV EP 190: TENANT MOVING OUT? Some words of advice before reletting your property too fast

Tenants move out for all manner of reasons, whether they're getting married, needing more space, relocating, or going their separate ways.

But before rushing to replace them for a same-day changeover, it's worth stepping back to see if your rental has unlocked potential.

Join Lettings Director Richard Cook along with one of the UK’s most successful Property Investors, Jim Parker (who will more than likely share some of his secrets) this Saturday morning live on “The Fife property Show”. Tune in at 9.30am and we’ll take your questions LIVE. Hit the notification button to receive an alert on the day.

(Watch/read/listen)

Fife Q1 2024 Property Market Report

Fife’s property market shows resilience amidst challenging economic conditions, as evidenced by the steady influx of new properties and healthy sales figures in Q1 2024. With a notable recovery led by first-time buyer properties and a strategic approach to pricing, Fife homeowners can navigate the market with confidence. Jim Parker and Richard Cook discuss the latest insights and expert advice on making informed decisions in the dynamic Fife property landscape.

EP 117: THE WEALTH CREATION SHOW: Happiness & Prosperity

Part 1: Why is it that Some People Get Rich and Others Don’t?

People who become wealthy have a particular way of thinking and line their lives with certain specific habits, if you are not happy and prosperous you might want to consider the reasons why.

There are seven big differences between people who get rich and people who struggle with money.

So, do you want to know how you can be happy and prosperous and how the right mind set can make you stand out from the crowds of “ordinary” people?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss. 

FIFE PROPERTY MARKET UPDATE –31st March – 6th April 2024

Weekly round up on what's driving the Fife Property market.

We will be looking at:  

·       Fife Properties recent listings, sales and coming

soon.

·       Weekly stats for new and sold in Fife.

·       A review of the shows produced and broadcast live

this week.

·       Details of the next Wealth Creation Show episode

which airs this Monday @ 12.30pm.

FP TV (EP 189) GET SOLD THIS SPRING: Give your home an instant spring lift to sell fast and high

Daffodils, bluebells, and tulips are out in force, and bare branches are filling with leaves and blossom: it must be spring!

As the time of fresh starts, now is when buyers come out of hibernation in droves. But so do many sellers, and spring is reliably busy every year with homes coming up for sale.

So how do you stand out from the crowd, make the top of buyers’ shortlists, and sell for the highest price before prime selling season ends? Jim Parker and Richard Cook provide expert advice and top tips to help you make your decision.

EP 116: THE WEALTH CREATION SHOW: The Importance of Discipline

Discipline can be defined as the practice of training individuals to follow rules, adhere to a code of conduct, or maintain a particular standard of behaviour.

It involves self-control, obedience, and the ability to regulate your actions in accordance with principles, values, or external expectations.

So how does discipline contribute to your personal growth and success?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

FIFE PROPERTY MARKET UPDATE –24th – 30th March 2024

Weekly round up on what's driving the Fife Property market.

We will be looking at:  

·       Fife Properties recent listings, sales and coming

soon.

·       Weekly stats for new and sold in Fife.

·       A review of the shows produced and broadcast live

this week.

·       Details of the next Wealth Creation Show episode

which airs this Monday @ 12.30pm.

FPTV EP 188: A LANDLORD’S BEST FRIEND: How to find the perfect letting agent or property manager

A brilliant letting agent or property manager can have a profoundly positive impact on your life as a landlord, from enjoyment to profit to spare time, but how do you find the perfect one?

Maybe you'd check the neighbourhood for Let By boards, scour the portals for agents with rental homes in area, or run a Google search for local firms.

Join Lettings Director Richard Cook along with one of the UK’s most successful Property Investors, Jim Parker (who will more than likely share some of his secrets) this Saturday morning live on “The Fife property Show”. Tune in at 9.30am and we’ll take your questions LIVE. Hit the notification button to receive an alert on the day.

(Watch/read/listen)

Zoopla UK House Price Index – MARCH 2024

Executive summary

• Annual house price inflation slows to -0.3%, up from

-1.4% in Oct 23

• Market activity improves across all key measures led

by sales, which are 9% higher than a year ago

• More sellers coming to market and stock of homes for sale up 20%

• House price inflation higher than Q3 2023 across all areas but still negative in southern England

• The percentage of the asking price achieved has narrowed from 95.5% in November 2023 to 96.1% in March 2024

• Sellers accepting a median average discount to the asking price of £10,000, down from £14,250 in Nov

2023

• 2024 is set to be a year of better sales volumes and flat house prices

ZOOPLA UK Rental Market Report – March 2024

Executive summary

• UK rental inflation slows to +7.8%, a 2-year low

• Rental demand down 20% year-on-year as one-off

pandemic factors ease and the labour market cools

• A fifth more homes available for rent than a year ago but

current supply still below pre-pandemic average

• Rental inflation slows rapidly in London to 5.3% as

supply/demand imbalance narrows and affordability

pressures hit pace of rent rises

• Scotland remains area with fastest annual rental growth

at 11.6%

• Over half of private rented homes are in £1,000+ per

month markets

• Rental affordability at decade high and unlikely to

improve quickly

• Expansion in rental supply is the main route to better

affordability

EP 115: THE WEALTH CREATION SHOW: How to Build Generational Wealth

Generational wealth refers to assets passed down from one generation to the next. Building generational wealth can provide long-term financial security and opportunities for your children, grandchildren, and beyond.

This about more than just financial resources its value extends beyond the monetary aspect—it’s also about imparting enduring family values, wisdom and creating a legacy.

So how do you lay the foundations for Generational Wealth for you and your family?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

FIFE PROPERTY MARKET UPDATE –17th – 23rd March 2024

Weekly round up on what's driving the Fife Property market.

We will be looking at:  

·       Fife Properties recent listings, sales and coming

soon.

·       Weekly stats for new and sold in Fife.

·       A review of the shows produced and broadcast live

this week.

·       Details of the next Wealth Creation Show episode

which airs this Monday @ 12.30pm.

FP TV (EP 187) CONFLICTING VALUATIONS: How do you know which agent has given you the right price?

Getting an unexpectedly high valuation for your home can be exhilarating, but if it bears no relationship to recent sales or comes with a lengthy agency lock-in, your move could be a very long way off.

To avoid this becoming your story, Jim Parker and Richard Cook discuss the art of accurate pricing and the problems of asking too much.

71 DAYS: To Sell a Property in Fife

Fife homeowner? Thinking of moving in 2024?

Looking at all the estate agents in town, for all the Fife homes sold (stcm) in the last 3 months, it has taken, on average, 71 days to find a buyer.

Nationally, it is then taking 113 days to then complete the legal paperwork and mortgage. Click on the link to discover the full story and join the conversation on why it is taking so long to move home.  

EP 114: The Wealth Creation Show: Comparative Analysis

Comparative analysis specifically within the context of wealth creation focuses on how individuals can assess and compare different financial strategies, investments, and performance metrics.

If we were to define comparative analysis within the realm of wealth creation and financial planning, it highlights its significance as a tool for evaluating different wealth-building strategies and making informed decisions.

Do you want to know how best to compare investment potential and mitigate risks when making financial decisions?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

FIFE PROPERTY MARKET UPDATE –10th – 16th March 2024

Weekly round up on what's driving the Fife Property market.

We will be looking at:  

·       Fife Properties recent listings, sales and coming

soon.

·       Weekly stats for new and sold in Fife.

·       A review of the shows produced and broadcast live

this week.

·       Details of the next Wealth Creation Show episode

which airs this Monday @ 12.30pm.

FPTV EP 186: RAISING THE RENT: How to renegotiate a higher rate without losing your tenant

Is there anything trickier than a rent review with a tenant you want to keep? It's little wonder so many landlords leave things as they are, no matter how far behind the market their income falls.

Eventually, though, an underperforming property can cause the landlord to sell up, resulting in a tenant losing their home and less available housing.

Join Lettings Director Richard Cook along with one of the UK’s most successful Property Investors, Jim Parker (who will more than likely share some of his secrets) this Saturday morning live on “The Fife property Show”. Tune in at 9.30am and we’ll take your questions LIVE. Hit the notification button to receive an alert on the day.

(Watch/read/listen)

The Fife Property Market Report for March 2024

 The Fife Property Market Report for March 2024 provides an insightful analysis into the buoyant activity of both the British and Fife area property markets. The first two months of 2024 has witnessed a robust start, driven by favourable conditions such as lower mortgage rates, an upswing in average earnings, and a strong employment market, all of which have bolstered confidence among buyers and investors. For those involved in the Fife property scene, understanding the nuances of the Local Fife market and how it aligns or diverges from national trends is key to making informed decisions, whether you are looking to buy or sell your Fife home, or even sell/expand your buy-to-let property portfolio.

Jim Parker and Richard Cook provide a guide and discussion regarding the main points of this report and what they might mean for the buyers and sellers in Fife in 2024.

EP 113: The Wealth Creation Show: The Importance of Behavioural Finance

Behavioural finance combines elements of psychology and economics to understand how cognitive biases and emotional factors influence financial decision-making.

Investors should ideally make rational decisions solely based on maximising their wealth, but behavioural finance recognises that human behaviour can deviate from this rationality.

Do you want to know what can cause you to make irrational and unwise investment decisions?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

FIFE PROPERTY MARKET UPDATE –3rd – 9th March 2024

Weekly round up on what's driving the Fife Property market.

We will be looking at:  

·       Fife Properties recent listings, sales and coming

soon.

·       Weekly stats for new and sold in Fife.

·       A review of the shows produced and broadcast live

this week.

·       Details of the next Wealth Creation Show episode

which airs this Monday @ 12.30pm.

FP TV (EP 185) FOUR WAYS TO DECLUTTER: Add value and space with the perfect method for you

Even though it can add thousands to your selling price and give you more space to enjoy, decluttering can feel like a mountain to climb. Jim Parker and Richard Cook provide expert hints and tips on this subject and explain how it could help you get your house sold.

FIFE'S RESTLESS HOMEOWNERS: The 6 Year 44 Week Itch in the Fife Housing Market

Dive into the intriguing dynamics of the Fife housing market where homeowners are caught between the desire to ascend the property ladder and the reality of a changing market landscape. Explore why some are moving quicker than ever while others hold onto their homes for decades, creating a unique property ecosystem.

EP 112: The Wealth Creation Show: Mastering Focus

Mastering Focus in Wealth Creation is an essential skill of maintaining focus on the path to financial success.

This is crucial in the pursuit of wealth creation. Imagine building a house without a solid foundation.

In a world filled with distractions, staying focused on wealth creation strategies can be challenging.

Would you like to be equipped with the tools and techniques to conquer this hurdle?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

FIFE PROPERTY MARKET UPDATE – 25th Feb – 2nd March 2024

Weekly round up on what's driving the Fife Property market.

We will be looking at:  

·       Fife Properties recent listings, sales and coming soon.

·       Weekly stats for new and sold in Fife.

·       A review of the shows produced and broadcast live this

week.

·       Details of the next Wealth Creation Show episode which

airs this Monday @ 12.30pm.

FPTV EP 184: SELLING TO YOUR TENANT: Everything you need to know to cut the best deal
When opportunity knocks, it’s not always clear whether to say yes or no, particularly when it’s unexpected or means changing your plans.

Selling to your tenant could be one of those times, and even if you’re planning to be a landlord for life, it doesn’t mean you’ll never change your management style or the properties you own.

Join Lettings Director Richard Cook, Letting Agent Kerin Marshall, along with one of the UK’s most successful Property Investors, Jim Parker (who will more than likely share some of his secrets) this Saturday morning live on “The Fife property Show”. Tune in at 9.30am and we’ll take your questions LIVE. Hit the notification button to receive an alert on the day.

(Watch/read/listen)

Zoopla UK House Price Index – FEBRUARY 2024

Executive summary

• UK house price inflation slows to -0.5% on rising sales volumes

• All measures of activity higher with sales agreed up 15%

• A fifth more homes for sale than last year as sellers return

• Seven regions with positive annual price inflation, price falls in

five

• There is a 3-tier housing market split between southern

England, London and the rest of the UK defined by affordability

• Activity boosted by falling mortgage rates which are plateauing

• We expect more sales in 2024 rather than faster price growth

• Sales momentum has been recovering for 5 months and we are

on track for 10% more sales (1.1m) in 2024 than last year

FIFE AND UK FIRST-TIME HOMEBUYERS: A Tale of Rising Fortunes

Jim Parker provides insight into the most recent statistics for purchases across the UK for first-time buyers as house prices rise and what this could mean for the UK and in particular Fife first-time buyers.

EP 111: The Wealth Creation Show: How to Overcome Procrastination

Procrastination refers to the act of delaying or postponing tasks or actions that need to be accomplished.

It is often characterised by a lack of motivation, difficulty focusing, and a tendency to prioritise short-term pleasure over long-term goals.

Do you want to overcome procrastination? Are you interested strategies that you can try to achieve this?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

FIFE PROPERTY MARKET UPDATE – 18th – 24th Feb 2024

Weekly round up on what's driving the Fife Property market.

We will be looking at:  

·       Fife Properties recent listings, sales and coming soon.

·       Weekly stats for new and sold in Fife.

·       A review of the shows produced and broadcast live this

week.

·       Details of the next Wealth Creation Show episode which

airs this Monday @ 12.30pm.

FP TV (EP 183) CHANGES TO SELLING HOMES: How do the new trading standards rules affect your move?

You're not alone if you think the way homes are advertised needs a jolly good shake-up, and that's exactly what's happening with the new trading standards rules.

Jim Parker and Richard Cook explore these new rules and provide hints and tips for prospective sellers and buyers in Fife.

EP 110: The Wealth Creation Show: 5 Keys to Rise in 2024!

So, what’s your strategy to get out of fear and rise to new heights in 2024?

As we look ahead at the next 12 months, one thing is clear: we are living in uncharted territory.

We are in a time when the economic, political, and social landscapes are changing at a record pace.

So, what’s your strategy to get out of fear and rise to new heights in 2024?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook is on hand to discuss.

FIFE PROPERTY MARKET UPDATE – 11th – 17th Feb 2024

Weekly round up on what's driving the Fife Property market.

We will be looking at:  

·       Fife Properties recent listings, sales and coming soon.

·       Weekly stats for new and sold in Fife.

·       A review of the shows produced and broadcast live this

week.

·       Details of the next Wealth Creation Show episode which

airs this Monday @ 12.30pm.

FPTV EP 182: DAMAGE OR WEAR & TEAR? Which counts as which, and what can you claim back?
Just like a friend you haven’t seen for a long time, your rental property will look older when you get it back at the end of a tenancy, and the difference can be jarring if you haven't visited for a while.

Regardless of whether they're owned or rented, all homes age, but when you see yours all the time, it's easy to miss and live with the gradual wear and tear that’s part of daily life.

Join Lettings Director Richard Cook, Letting Agent Kerin Marshall, along with one of the UK’s most successful Property Investors, Jim Parker (who will more than likely share some of his secrets) this Saturday morning live on “The Fife property Show”. Tune in at 9.30am and we’ll take your questions LIVE. Hit the notification button to receive an alert on the day.

(Watch/read/listen)

The Future of the Fife Buy-To-Let Market in 2024

Discover the shifting dynamics of the Fife property market in 2024, where dwindling rental stock meets rising demands, creating unique opportunities for landlords. This analysis delves into the challenges and prospects facing both Fife buy-to-let and tenants, offering insights into how to navigate this evolving landscape. A must-read for anyone interested in the Fife property market, looking for informed strategies to thrive in these challenging times.

UK House Price Index Scotland and Fife: December 2023  

Jim Parker provides a breakdown of the Scottish House Price Index report for December 2023 and gives his thoughts on how this could impact the Fife property market for buyers and sellers.

EP 109: The Wealth Creation Show: Money, Wealth Creation and Property Investment

In today's dynamic world, the pursuit of financial stability and wealth creation has become a common aspiration.

One avenue that has consistently proven to be lucrative is property investment, encompassing both rental income and capital appreciation.

For individuals seeking financial independence it is important to understand the intertwining concepts of money, wealth creation, and property investment.

Would you like to understand the significance of these elements in building a successful investment portfolio.

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

FIFE PROPERTY MARKET UPDATE –4th – 10th Feb 2024

Weekly round up on what's driving the Fife Property market.

We will be looking at:  

·       Fife Properties recent listings, sales and coming soon.

·       Weekly stats for new and sold in Fife.

·       A review of the shows produced and broadcast live this

week.

·       Details of the next Wealth Creation Show episode which

airs this Monday @ 12.30pm.

FP TV (EP 181) A NEW LOOK FOR 2024: Discover the year’s first major trends for home interiors

Style and comfort are the perfect combination for every home - not just for quality moments, but also for adding value when you want to move.

Jim Parker and Richard Cook take a look at what is trending with home interiors for 2024 and provide hints and tips for sellers in Fife.

FIFE PROPERTY MARKET: Is a Buyers’ or Sellers’ Market?

With mortgage costs tumbling and sales on the rise, it's a pivotal time for both buyers and sellers. But where does Fife stand in this changing landscape? Is it a buyers' haven or a sellers' market? For a deep dive into Fife’s property dynamics and what it means for your home-selling or buying journey, click on the link to read the full article and gain invaluable insights tailored just for Fife.

Jim Parker provides guidance for buyers and sellers in Fife as he discusses this article.

Zoopla UK House Price Index – JANUARY 2024

Executive summary

• UK house price inflation moderates to -0.8% on rising sales

volumes

• Strong seasonal rebound in sales activity in first weeks of

January on back of pent-up demand and sub-5% mortgage rates

• Demand up 12% year-on-year, led by London and East of

England

• Sales agreed up 13% year on year - sales up across all regions

• Available homes for sale over 20% higher than a year ago

• Important not to over-interpret the positive start to the year –

there is some upside for sales volumes, but we remain in a

buyers’ market

• A fifth of sellers having to accept more than 10% below the

asking price to secure a sale, closer to 1 in 4 across southern

England

EP 108: The Wealth Creation Show: Don’t Kid Yourself

Self-deception is effective as a coping mechanism to keep us from falling prey to feelings of helplessness or depression. Overall, the tools we use to kid ourselves cause problems.

Many people bend the facts to fit their self-image, perpetuating a view of themselves that is often more positive than accurate.

Have you ever thought that you could be kidding yourself?

When it comes to your personal and professional life, do you lie to yourself?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

FIFE PROPERTY MARKET UPDATE – 28th Jan – 3rd Feb 2024

Weekly round up on what's driving the Fife Property market.

We will be looking at:  

·       Fife Properties recent listings, sales and coming soon.

·       Weekly stats for new and sold in Fife.

·       A review of the shows produced and broadcast live this

week.

·       Details of the next Wealth Creation Show episode which

airs this Monday @ 12.30pm.

FPTV EP 180: LANDLORDS IN TROUBLE: How we come to the rescue and stop things going wrong again
Hardly any landlords we meet are fully legally compliant when we first speak to them, but it’s never on purpose. In fact, most of them genuinely believe they’ve got everything handled.

Unfortunately, this often means that problems are already brewing by the time they contact us, and some of the biggest areas where landlords come unstuck.

Join Lettings Director Richard Cook along with one of the UK’s most successful Property Investors, Jim Parker (who will more than likely share some of his secrets) this Saturday morning live on “The Fife property Show”. Tune in at 9.30am and we’ll take your questions LIVE. Hit the notification button to receive an alert on the day.

(Watch/read/listen)

Is 2024 the right time to sell your Fife home?

This thought-provoking article sheds light on the local property market, blending expert insights with local trends to guide Fife homeowners. Whether you're considering selling or staying put, discover the key factors that could sway your decision.

With a balanced perspective that respects individual circumstances, this piece is a must-read for anyone navigating Fife’s dynamic housing landscape. Equip yourself with the knowledge to make an informed choice tailored to your unique situation.

EP 107: The Wealth Creation Show: Breakthrough

To break through and achieve extraordinary success in 2024 you need to have an inspirational plan in place!

Remember, success is not an overnight phenomenon but a result of consistent and focused action. You need to have vision, focus on empowering beliefs and take action to learn and grow as you travel through your journey to success.

Do you want to know the key elements to an inspirational plan for success?

Luckily, you don’t need to head back to school to understand this as Lettings Director, Richard Cook and one of the UK’s most successful property investors, Jim Parker are on hand to discuss.

FIFE PROPERTY MARKET UPDATE – 21st – 27th Jan 2024

Weekly round up on what's driving the Fife Property market.

We will be looking at:  

·       Fife Properties recent listings, sales and coming soon.

·       Weekly stats for new and sold in Fife.

·       A review of the shows produced and broadcast live this

week.

·       Details of the next Wealth Creation Show episode which

airs this Monday @ 12.30pm.

FP TV (EP 179) RESET THE CLOCK: How to relaunch your home for new year selling success

The start of every year brings new energy to the property market, so if you had no luck selling your home in 2023, take comfort that hope is still on the horizon.

Jim Parker and Richard Cook provide useful hints and tips for those looking to sell this year and those who are feeling they are out of ideas to get their house sold.

THE UK PROPERTY MARKET IN 2024: A Robust Start with Implications for Fife

With an impressive 42.37% more UK home sales in the first couple of weeks of January, what are the four key drivers of this surge in the British property market?

Also, is this growth in home sales being replicated in Fife? If you are a Fife homeowner or landlord and considering your property options in the next 12 to 18 months, read the article to find out how this will affect your buying and selling options.