Sellers knock £18,000 off asking prices
Sellers accepted an average discount of £18,000 on their property sale in November 2023 – the highest average price cut in five years.
Residential Property Review – December 2023
Monthly Archives: December 2023
Commercial Property Review – December 2023
‘Grey’ warehouse space on the rise
According to recent analysis by Jones Lang LaSalle (JLL), real estate and investment management services provider, ‘grey’ warehouse space is increasing.
Protection – a financial and wellbeing safety net
Life has a funny way of turning out differently to how we expect it. When faced with the unpredictable twists and turns of fate, it is comforting to have the support of the right protection cover for your needs.
Gender division extends to money matters
Despite women’s earning power increasing significantly over recent decades, the division of financial responsibilities does not appear to have evolved.
Understanding your behavioural biases
As an investor, you will have your own financial personality and preferences, which your adviser will consider when helping you to make financial decisions.
BOMAD to the rescue!
The Bank of Mum and Dad (BOMAD) is being called upon to help with more than just a house deposit these days. As more parents and grandparents reach deeper into their pockets to help their offspring, it is vital not to compromise your own financial security.
Life FS brokers £3.5m double deal for sibling investors
Our Co-Founder and Director, Jamie Kent, is proud to have brokered property finance deals worth £3.5m for a brother and sister investing in two separate properties on the same street in Golders Green, North West London.
The deal was completed in partnership with real estate finance and investment firm, TAB, which specialises in short-term bridging loans for property projects.
Commenting on the deal, Jamie said:
“We are delighted to have helped to arranged this deal. The fact that it was arranged and agreed in such a short space of time is down to the great relationship we have with Duncan [Kreeger, Founder and CEO at TAB] and TAB, and the joint experience we brought to bear.
“At Life FS we are very used to working on larger deals and working with property developers, plus we also have lots of clients in the Hampstead Heath area, factors that helped with this deal.
“We are looking forward to working on many more bespoke deals with TAB in 2024.”
To find out more about the deal, please read this article published on Bridging Loan Directory.
‘Spot the dog’ fund
According to the latest data1, the number of ‘dog’ funds have increased by 27% since February this year, that represents 56 equity investment funds versus 44 earlier in the year, but a reduction on the 86 dog funds identified in January 2022.
The FIRE investment movement
Many of us dream about retiring early so we can devote more time to things we enjoy; but financial realities inevitably mean few of us actually realise those dreams. A growing number of people though are turbo-charging their chances of early retirement success by embracing the FIRE principles of investing.
Interest-only searches rise
The number of searches relating to interest-only mortgages soared by 53% in June, as borrowers sought out ways to lower their monthly expenditure.
