Blogs
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Are We Building Too Many Homes in Lincoln?
The issue of new housebuilding in the UK stirs strong emotions. Many believe their local areas are turning into construction zones, with too many homes being built, disrupting the character of towns and villages. But is this perception grounded in reality? The Labour government, which came into power in the…
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How much would it cost to buy all the homes in Lincoln?
This question was posed by one of my nephews, when they dropped over for a family quiz over the Christmas break (doesn’t that seem an age away now?). I didn’t know the answer off the top of my head, yet I promised I would find out. So, over the Christmas…
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The 2024 Lincoln Property Market An analysis of last year’s property market and what will happen in 2025?
As an experienced estate agent based in Lincoln, I like to monitor the UK and Lincoln property market trends. Therefore, I will start by analysing the 2024 property market (both nationally and locally) and then give my predictions for 2025. In 2024, the UK property market recorded 1,230,136 homes sold…
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Did the UK property market crash in 2024 as some predicted? Not quite
Despite a turbulent economic backdrop, the housing sector demonstrated resilience, with house prices showing modest growth and transaction levels recovering. As we step into 2025, the market is poised for further shifts, influenced by interest rates, stamp duty revisions, and other key factors. Let’s take a closer look at the…
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Common Pricing Mistakes Home Sellers Make
Selling a home can be exciting and challenging, particularly when setting the right price. Many sellers make common mistakes that can undermine their success. From overpricing their property to ignoring market trends and not staging correctly, these errors can result in more extended listings and reduced profits. This piece covers…
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How to Use Comparative Market Analysis for Pricing Your Home
When selling your home, setting the right price is key to attracting buyers and completing a sale. Comparative Market Analysis (CMA) provides a strategic method for pricing by assessing similar properties in your neighbourhood. This guide covers the essential steps for conducting a CMA, from collecting data on comparable homes…
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The Impact of Location on Home Pricing
Regarding property, “location, location, location” remains crucial. Where you live can significantly affect your home’s market price and long-term value. This article examines how location impacts home pricing, considering factors like desirable neighbourhoods, proximity to schools, risk of natural disasters, and access to public transport. By understanding these factors, homebuyers…
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Why Lincoln’s Shrinking Households Could Shape the Future of its Property Market
Smaller household sizes are one of the reasons the Lincoln (and the UK) property market and house prices will continue to hold up well in the medium to long term. British households for the last 100 years have been getting smaller, and this trend will drive demand for property and…
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The Lincoln Baby Boomer Housing Paradox: Wealth in Property, But Nowhere to Go
For decades, baby boomers in the UK have been the quiet beneficiaries of a housing market that has worked in their favour. Rising property prices and a growing housing shortage have pushed home values sky-high, giving this generation substantial equity in their homes. However, as more and more boomers enter…
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Lincoln House Sales Up 19.4% on 2023 – Yet Challenges Still Remain.
The number of agreed UK property sales until Saturday, 22nd November 2024, is 18% higher than a year ago. Breaking those stats down even further, as of 22nd November 2024, 1,009,340 UK homes had been sold subject to contract (STC), an 18% increase from the 855,083 homes sold STC in…
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Lincoln’s Ageing Population Turning to Rentals: What it Means for Landlords.
Recent figures from the Office for National Statistics reveal that across the UK, 486,795 households are occupied by individuals aged 65 (and over) who live in a private rental sector home. This represents that 6.71% of all OAP’s now renting privately. Ten years ago, only 267,704 households were occupied by…
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The Best Day and Time to Host an Open House
Planning an open house can be challenging, but selecting the right day and time is critical to attracting more attendees and ensuring success. This article examines the best days and times for hosting your event, supported by data and expert advice. It will also cover essential factors to consider, creative…