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Buying a house is not “that difficult” NatWest Chairman Sir Howard Davies claims!
Buying a house in the UK is not “that difficult”, according to banker Sir Howard Davies, who is paid £763.000 a year by NatWest.
His remarks in a BBC interview have caused outrage, especially among the ‘generation rent’ who are struggling to save for a deposit while rental prices reach record highs and the cost-of-living crises continues.
Watch full video - https://youtu.be/acOsNvTnb2A
This week, the average two-year fixed rate is 5.83%, while a five-year deal was 5.43%, according to Moneyfacts.
He Halifax Mortgages say mortgage rates are easing and buyers' confidence could increase in the coming months.
They added that house prices rose for the third month in a row to average £287,105 in December, but it forecast a fall this year with buyers perhaps becoming more cautious due to economic uncertainty. Their data shows annual rise of 1.7% in 2003 and 1.1% month-on-month rise in December.
Halifax is the UK's biggest mortgage lender, but its own lending figures only take into account buyers with mortgages - about two-thirds of all sales - and do not include those who purchase homes with cash or buy-to-let deals.
Figures from the Bank of England published on Thursday showed the number of mortgage approvals rose slightly in November.
Many sellers have had their properties o the market for as long as two years and not sold despite dropping the asking price.
Earnings and cash saving are falling behind values of assets, such as stocks and shares, gold and silver and property prices rises.
Inflation is eating away at your savings and cash.
Chinese shadow bank files for $63 billion bankruptcy.
Where to find me:
Money Tips website: https://moneytipsdaily.com/
YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg
Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities
LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2
See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA
What’s in Store in 2024? Stock Markets, Property and Gold
Watch full video on Money Tips Podcast YouTube Channel https://youtu.be/difmr0fp5-Q
For a free gold, investment report, and Discovery Call, click here.
7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8
Join me online on my free live money management training Wednesday at 8.00PM.
Places are limited, so register now below to avoid disappointment.
https://bit.ly/3QPp8IH
Wishing you a prosperous New Year.
#money #gold #silver #inflation #natwest #propertyprices #rent #generationrent #investing
Hey, everyone! Welcome back to the channel. As we step into a brand new year, it's the perfect time to set the stage for an amazing year ahead. Today, I've compiled seven powerful things you can do to make 2024 your best year ever.
Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8
Choosing just one among the seven things mentioned that could make the most significant difference depends on personal circumstances and the area in your life that requires the most attention or improvement. However, if I were to prioritize based on its potential impact across various aspects of life, focusing on "Prioritize Self-Care" would likely yield substantial benefits.
Here's why:
Prioritizing Self-Care encompasses various elements crucial for personal well-being, which has a ripple effect on other areas of life:
While all seven things are valuable, prioritizing self-care serves as a foundational pillar that can positively impact various aspects of life, making it a potent starting point for overall well-being and subsequent personal growth. Remember, this year is a blank canvas waiting for you to paint your masterpiece. Embrace every moment, stay resilient in the face of challenges, and celebrate your victories—big or small.
Thank you for tuning in. Here's to making 2024 an extraordinary year filled with growth, joy, and success. Don't forget to like, subscribe, and share this video with someone who's ready to make the most out of the upcoming year.
Until next time, take care and make every day count!
Where to find me:
Money Tips website
YouTube Channel
Money Tips Facebook Community
For a free gold, investment report, and Discovery Call, click here.
Wishing you a prosperous New Year.
#money #gold #silver #inflation #BestYearEver #2024Goals #NewYearNewYou #GoalSetting #VisionBoard #SelfCareGoals #PersonalGrowth #PositiveMindset #GratitudeAttitude #ContinuousLearning #DeclutterYourLife #ActionForSuccess #MindfulnessJourney #WellnessWednesday #AchieveYourDreams
New Property Opportunities Falling Property Prices And Higher Rents Make Buy-to-Let More Attractive In 2024
In recent years, the landscape for buy-to-let investors and property owners has posed significant challenges, marked by soaring interest rates and escalating energy expenses. The introduction of Section 24, elimination of wear and tear allowances, heightened stamp duty, and increased regulatory measures have collectively burdened buy-to-let investors, necessitating adaptation to a shifting and demanding market environment.
Property prices peaked, then fell back as interest rate rose, and this year rents have gone through the roof as demand exceeds supply.
Rents have reached record highs in most parts of the UK, and of course landlords are getting the blame. But is it their fault?
In their defence, landlords have had to pass on the costs that the government have imposed on them with legislation such as section 24. The policies of the treasury and central banks have caused economic chaos, higher interest, rates, higher energy costs, and a shortage of properties, none of which are the landlords fault.
But could 2024 be the turning point for property investors?
Prices have fallen in some areas by as much as 20% while rents have doubled over the last few years, all of which is making buy to let investing look more attractive than it has done for three years.
In one area I’ve been looking at, three bed council house, which was selling for as much as £180,000, can now be picked up for £150,000 or less.
At the same time, rents have increased in a few short years from £600 per month to £1200 per month.
In other words, property prices have fallen by almost 20% while rents have doubled.
Even with mortgages at five or 6%, buy to let investing is starting to look more attractive.
Furthermore, prices could fall again in 2024, as economy slows and 2 million people reach the end of a low fixed rate mortgage.
Institutions like Lloyds bank and Blackrock are already circling in the sky, waiting to pounce on cheap property.
Mortgage arrears are up by 44% on a year ago to £18billion and the Bank of England has issued a lending warning.
In the case of Lloyds bank, which is probably the largest lender in the UK, it seems like a bit of a conflict of interest to be both repossessing Properties, and buying them through another arm, although we don’t know if that is their intention.
Interest rates should start falling over the next five years as the economy goes into recession and inflation comes down to normal levels. This will make mortgages cheaper offering better profits for landlords.
I think there will be a lot of opportunity in 2024 for the wise investor who is prepared to be patient and seek out good deals.
If you’re affected by section 2024 and would like to know more about the background to this landlord tax and how best to deal with it, click here for more information.
See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA
If you are suffering from section 24, join us for a free landlord Sec.24 tax seminar live in London this month.
Prepare for what’s coming….
Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps
I want to show you exactly how you can:
To help you, I am running a free training webinar.
Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps
I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!
Join me online on my free live money management training Wednesday at 8.00PM.
Places are limited, so register now below to avoid disappointment.
https://bit.ly/3QPp8IH
#mindset #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany #propertyprices #mortgagearrears
BUY CANDLES, Torches and Battery Powered Radios, Dep PM Warns UK
Deputy Prime Minister, Oliver Dowden MP has issued a warning to British people to prepared for power cuts and cyber attacks by keeping a supply of candles, flashlights and battery powered radios.
Announcing the formation of a ‘resilience academy’ he advised Brits to prepare for communications blackouts and retain their ‘analogy capabilities’.
In this video podcast (https://youtu.be/cuoB1rA8Yhk):
See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA
If you are suffering from section 24, join us for a free landlord Sec.24 tax seminar live in London this month.
Prepare for what’s coming….
Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps
I want to show you exactly how you can:
To help you, I am running a free training webinar.
Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps
I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!
Join me online on my free live money management training Wednesday at 8.00PM.
Places are limited, so register now below to avoid disappointment.
https://bit.ly/3QPp8IH
#mindset #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany #wealth #amazon #bezos
STOP WORKING FOR FREE! - Why Do Small Businesses Do Work For Nothing?
Get paid for what you do in advance.
Always agree terms and take part or full payment up front whenever possible.
Are you using an accounting or invoicing system?
Systemise – the difference between a small business and large concern.
You are not a bank, so why are you offering credit?
My experience
Do you have unrecovered debts and if so do you need help getting paid?
Are you in debt and unable to pay creditors?
See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA
If you are suffering from section 24, join us for a free landlord Sec.24 tax seminar live in London this month.
Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps
I want to show you exactly how you can:
To help you, I am running a free training webinar.
Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps
I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!
Join me online on my free live money management training Wednesday at 8.00PM.
Places are limited, so register now below to avoid disappointment.
https://bit.ly/3QPp8IH
#mindset #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany #wealth
Last chance to join my live 1-Day SMART MONEY WORKSHOP for just £17 for 2 places. Saturday 25 November 10-4pm - reserve your seat now - https://buy.stripe.com/00g01E92W4R8cfebII
Fixed mortgage interest rates have dipped below 5% after new figures show that inflation fell from 6.7% in September to 4.6%, less than half the 11.1% rate in October 20022.
In his Autumn Statement, Chancellor Jeremy Hunt announced plans to increase state pensions by 8.5, benefits by 6.7%, unfreezing Local Housing Allowance and the National Living Wage from £10.42 to £11.44 an hour from April 2024 – whilst simultaneously cutting NI for the self-employed and business taxes.
More planning reforms announced to speed up building and infrastructure projects.
Mortgage Rates Fall – Interview with Mortgage Broker Miriam [email protected]
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.
See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA
If you are suffering from section 24, join us for a free landlord Sec.24 tax seminar live in London this month.
Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps
I want to show you exactly how you can:
To help you, I am running a free training webinar.
Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps
I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!
Join me online on my free live money management training Wednesday at 8.00PM.
Places are limited, so register now below to avoid disappointment.
https://bit.ly/3QPp8IH
Last chance to join my live 1-Day SMART MONEY WORKSHOP for just £17 for 2 places. Saturday 25 November 10-4pm
Places are limited to give attendees more individual attention - reserve your seat now - https://buy.stripe.com/00g01E92W4R8cfebII
#mindset #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany #wealth
These 12 Rich Habits Will Make You Wealthy, Guaranteed!
Join me on my free webinar, three steps to financial freedom and successful money-management, Wednesday at 8 pm. Don’t miss it, click the link below. https://bit.ly/3QPp8IH
Watch video on YouTube - https://youtu.be/dfFGPIiqKWA
See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA
If you are suffering from section 24, join us for a free landlord Sec.24 tax seminar live in London this month.
Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps
I want to show you exactly how you can:
To help you, I am running a free training webinar.
Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps
I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!
Join me online on my free live money management training Wednesday at 8.00PM.
Places are limited, so register now below to avoid disappointment.
https://bit.ly/3QPp8IH
#mindset #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany #wealth #richabits
Where will you be in 5 years?
Join me online on my free live money management training Wednesday at 8.00PM.
Register now https://bit.ly/3QPp8IH
Have you even thought about it?
What are your plans, goals or dreams?
What actions are you taking towards getting where you want to be?
Do you have a mentor?
Who do you need to become to reach your goal?
Will you have enough money to retire or quit the rat race?
TIME TO GET SERIOUS
There are 24 hours in every day.
We all have something in common. We have the same amount of time and every day.
Other things may be differ between us but will have the same 24 hours in every day.
If you put in enough time and effort there’s no limit to what you can achieve.
Question is, how much of that time do you waste?
How much time do you spend thinking about getting started instead of taking action and starting?
How much time do you waste scrolling through social media or watching television?
TV Guide
How much time do you flush down the toilet playing video games, drinking and partying?
In the time that people spend watching television for 4 to 5 hours a day, they could upgrade their financial or business skills and knowledge, learn a new language, get super fit and improve their health or even take a degree in 2 to 3 years.
Let’s say you wanted to write a book, “don’t have the time “.
Do you think you have a spare hour a day? Do you think if you are very busy you can't spare one hour a day? Course you can!
Did you know that if you write for one hour a day and finish one page. If you did that for 365 days, you’d have 365 pages written. That is equivalent to a book manuscript!
If you use your time more effectively, and make time work for you instead of wasting it, there is no limit to what you could achieve your life.
A.I. Could replace 1 billion jobs in next 3 years
Millions of lower paid and executive jobs could be replaced by machines within the next three years.
This will not only affect employment but will also reduce consumption as well as it in the income from the Ponzi like pension schemes.
Now is the time to become financially educated to protect yourself from the coming storms of AI and central bank digital currencies.
Now is the time to prepare yourself for one of the biggest changes in history.
Now is the time to act before it’s too late.
Join me on my free webinar, three steps to financial freedom and successful money-management, Wednesday at 8 pm.
Don’t miss it, click the link below.
See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA
How To Manage Your Spending And Develop A Millionaire Mindset
I want to show you exactly how you can:
To help you, I am running a free training webinar.
3 Steps To Success Money Management and Financial FREEDOM!
I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!
Join me online on my free live money management training Wednesday at 8.00PM.
Places are limited, so register now below to avoid disappointment.
https://bit.ly/3QPp8IH
#mindet #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany
Do You Ever Wonder Why You Never Have Enough Money?
Do you say: “I just don’t know where it all goes?”
If you have answered “yes” to these questions you probably struggle with managing and investing your money.
I want to help you Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps
Discover the keys to prosperous money management that won't compromise your quality of life. Register here - https://bit.ly/3QPp8IH
In today's challenging economic landscape, where inflation, higher interest rates, and downturns prevail, there are always those who not only survive but thrive. What sets them apart?
Bank of England hold rates at 5%...Find out why this affects all of us – even if you don’t have a mortgage.
Watch YouTube Video Version - https://youtu.be/XQlNscx2Sgc
Have you been hit by George Osborne’s Sec 24 Landlord TAX GRAB?
See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA
How To Manage Your Spending And Develop A Millionaire Mindset
I want to show you exactly how you can:
To help you, I am running a free training webinar.
3 Steps To Success Money Management and Financial FREEDOM!
I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!
Join me online on my free live money management training Wednesday at 8.00PM.
Places are limited, so register now below to avoid disappointment.
https://bit.ly/3QPp8IH
#mindet #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany
What Triggers Us To Buy Brands And Products?
Is price always the deciding factor when we make a buying decision?
Please like and share this article or podcast and check out my webinar:
3 Steps To Success Money Management and Financial FREEDOM!
I want to help you get control of your money, learn how to invest, and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!
Join me online on my free live money management training Wednesday at 8.00PM - register now below to avoid disappointment.
https://bit.ly/3QPp8IH
Brand Loyalty Doesn’t Always Pay
People buy market-leading brands for a variety of reasons including comfort, peace of mind and safety and status.
However, brand leaders, such as Heinz beans or Coca Cola can sell their products for a substantial premium over similar generic equivalents.
Watch YouTube Video - https://youtu.be/MnbR5AYXmYQ
Tip – Avoid brand loyalty where possible and only buy favourite brands when on sale.
Advertisers and supermarkets manipulate us to buy products which pay for the best positions and even height in the aisles.
Tip – Always check the ‘price per kilo’ (not sticker price) when buying meat or fish.
Poorer households in the West can spend up to 30% of their disposable income on food and essentials and as much a half their income in developing countries.
Engel’s Law
The 19th Century German statistician, Ernst Engel, observed that the percentage of income allocated for food purchases decreases as a household's income rises, while the percentage spent on other things (such as education and recreation) increases.
Right now, food inflation is hitting poor and middle-class families hard.
Tip – Buy fresh produce, and cook, rather than prepackaged and processed food.
Brand Value
The brand value of tops brands, like Apple, Coca Cola Amazon and McDonalds are worth around $300.
Legendary investor Warren Buffett buys companies which have a brand or competitive ‘moat’.
Did you know that up to 85% of Berkshire Hathaway’s stock holding are in leading brands such as Apple, Bank or America, Coca Cola and American Express? Warren and his partner Charlie Munger pick winners and stay investing in them for years.
Tip – Warren Buffett waits for the right time to buy stocks which are ‘on sale’.
It’s coming…Prepare yourself for the coming downturn in the economy and stock market and property prices.
Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps
Discover the keys to prosperous money management that won't compromise your quality of life. Register here - https://bit.ly/3QPp8IH
In today's challenging economic landscape, where inflation, higher interest rates, and downturns prevail, there are always those who not only survive but thrive. What sets them apart?
See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA
How To Develop A Millionaire Mindset
I want to show you exactly how you can:
To help you, I am running a free training webinar.
3 Steps To Success Money Management and Financial FREEDOM!
I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!
Join me online on my free live money management training Wednesday at 8.00PM.
Places are limited, so register now below to avoid disappointment.
https://bit.ly/3QPp8IH
#mindet #money #wealth #landlord #property #financialfreedom #stockmarket #warrenbuffett #invest #pensions #millionairemindset #apple #amazon #macdonalds #engelslaw
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