FIRST TIME BUYERS RISING

Despite numerous obstacles, including rising unaffordability in many parts of the country , the number of first time buyers continues to grow. But can this good news story continue?

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.