ASKING PRICES CONTINUE TO FALL

Rightmove house price index for December 2018 shows that asking prices are still falling at a significant rate – down 1.5%, equivalent to a drop of £4,496 for the average property. The fall the previous month was 1.7%, giving a drop of 3.2% (or £9,719) over two months, the biggest two month fall since the same time of year in 2012.

KPS XII – FLIPPING PROPERTY

A killer property strategy which is known to many is “flipping”– the practice of buying a property cheaply, doing it up and selling it on. It is a strategy you can use to make large capital sums on a regular basis – but it is a sophisticated strategy and you underestimate it at your peril.