realtorlife

News

The most affordable area of the UK to buy a home revealed

Many individuals harbor the aspiration of retiring to a picturesque countryside retreat at some point in their lives. As the UK economy grapples with recessionary pressures and financial markets endure unpredictable swings, the allure of real estate investments grows stronger. After all, investing in property not only provides potential financial security but also offers the added benefit of owning a peaceful sanctuary away from the hustle and bustle of city life, where one can unwind and recharge without the burden of rental expenses. But amidst the myriad of counties across the UK, which one holds the most promise for those

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News

Brexit brings a rush of UK property buyers

London real estate bounces back buoyed by the anticipated conclusion of Brexit negotiations Investors are rushing to secure property in the UK before Brexit transition ends in January. The surge in demand for homes in Britain has led to a ‘record high’ in average asking prices. The record number of sales are higher than expected with sales volume consistently high across the country. According to the HMRC, UK residential transactions in September were 21.3%  higher compared to August. Upscale London homes, in particular, are selling fast which analysts attribute to the stamp duty holiday, pent-up demand due to lockdowns, and

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Opinions

Here are five reasons to buy London property now

These are the five top reasons to buy London residential property right now 1. Supply London is a restricted market. Old buildings are protected and the maximum planning options, if available, are usually one more floor in height. Sites where planning allows for skyscrapers are few and far between. Issues with “right of light” stopping new buildings overlooking older buildings and a Government planning bureaucracy that is slow moving have meant that London has fallen behind the optimistic new build targets set out in the “London plan” years ago, when Boris Johnston was Mayor of London. The shortage of stock

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News

Stronger Thai baht cause exodus of expats dreaming of easy retirement

Foreign retirees who flocked Thailand partly due to the cheap costs are now feeling the financial strain from stronger baht and stringent measures Thailand ranks among the world’s top 10 destinations for retirement for the tropical climate, beautiful beaches, great food, and affordable cost of living. Budget-conscious foreign retirees flock to the country to live the good life. However, the recent surge in Thai baht is threatening their idyllic life in paradise as Thailand courts wealthier expats with their stringent measures. British retirees flock Thailand partly due to the cheap costs. Two decades ago, a pound could be exchanged for

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Opinions

Learn how to buy tenanted UK freehold property with an 8% yield

As property in the UK is back in high demand, everyone can now take advantage of this high-grade investment Amidst a resurgence in UK property markets, investors are flocking to capitalize on this thriving sector. One notable player in this landscape is Bloem Care, a distinguished UK-based care home operator, now expanding into the care home sector, offering innovative investment options. Bloem Care’s approach stands out with its utilization of a Singapore-regulated investment vehicle, providing investors the opportunity to partake in shared ownership of UK care homes through a Singapore private limited company. This unique structure offers a secure avenue

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News

Brexit trade deal spells good news for UK property markets

Amidst the backdrop of the ongoing COVID-19 pandemic, the UK’s housing market has defied expectations by maintaining a degree of stability in recent months. Despite the prevailing uncertainties surrounding Brexit, market analysts and experts have cautiously expressed optimism regarding the resilience of the real estate sector. While concerns persist, particularly regarding the potential impact on property prices in key areas such as London, the overall sentiment remains cautiously optimistic. The looming deadline of March 31st, 2021, for the stamp duty holiday has injected a significant impetus into the UK’s property market. This temporary measure, aimed at stimulating activity within the

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Featured

Are Scotch Whisky Casks a better Investment Than Property … or Gold?

What is it about whisky? It’s enigmatic to the point of ecstasy. It is possibly the only true, ahem, liquid investment. Property is, to quote the 1980s comedy Airplane!, up, down and all over the place as of January 2022. Quantitative easing, the printing of money by central banks to combat the pandemic, will grind to a halt this year. Inflation is soaring. As are interest rates. Fortunately, whisky has been outperforming markets since, we well basically, people started selling it.  Whisky also has the benefit of being widely tradeable and is consumed in almost every country in the world

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New Zealand News

How much will your house price decrease?

Several economists and market analysts were skeptical of ANZ’s early-year prediction that home prices may decline by seven percent (or more) throughout the year. With inflation taken into account, the 10% price decline forecast by ANZ in March climbed to 12% in April, 15% in June, and 18% by late October. Eventually, even the most optimistic analysts and banks admitted the decline would be big, and they revised their estimates accordingly. The investment banking company Jarden predicts that national home values will continue falling at an increasing rate through March. How much prices will fall and how much the typical

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News

London house prices skyrocket as homebuyers take advantage of stamp holiday extension

Cost of London homes reach an all-time high, now at £501,320, as homebuying spree expected to continue until June With London’s residential property buyers taking full advantage of the stamp duty holiday, house prices touched an all-time high in January. The average cost of a home in the British capital soared to £501,320, or 0.1 per cent higher than what we saw in December 2020, and 5.3 per cent higher than January 2020. Ever since the lockdown restrictions were eased last May, house prices have been steadily increasing. This trend can be attributed to the Chancellor of the Exchequer Rishi

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News

Mega housing projects and vaccine rollout fuel buying frenzy in Singapore’s property market

The Singapore property market registered a 350% revenue increase in the first two months of 2021, a positive marker of increasing consumer confidence A recent study by the real estate consultancy group Knight Frank suggests Singapore is among the most preferred destinations for Asian buyers. But the ground realities paint a mixed picture. Consumer confidence has improved as the Singapore property market witnessed a 350% revenue increase in the first two months of 2021. As the country prepares for a COVID-19 vaccination roll-out, the million-dollar price tags on Singapore’s houses have made a comeback. The year started with investors rushing to

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