Blogs
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Lincoln Property Market: Why 2025 is Set to Be a Strong Year
The UK housing market has always been subject to government policy announcements, outside forces of economics, and consumer confidence fluctuations. After a turbulent 2024, there is evidence that 2025 will provide more stability and growth—particularly in areas such as Lincoln, where affordability, high demand, and improved financial situations are coming…
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The Lincoln Property Market – January 2025 Update
Last week, the Bank of England’s interest rate dropped to 4.5%, marking its third cut in under a year. This decision follows a previous reduction in November 2024, with the rate remaining unchanged in December. While most of the Bank’s policymakers supported the move to 4.5%, a minority favoured a…
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How Long Does It Take to Sell a Home in Lincoln?
If you’re a homeowner in Lincoln thinking of selling your property, you have probably wondered how long it will take to find a buyer. The timeline for selling a home varies depending on factors such as property type, price, and market conditions. Fortunately, we’ve compiled the latest statistics for 403…
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How Long Does a Property Spend on the Market in Lincoln?
When browsing property portals (Rightmove, Zoopla or On The Market), many people wonder why some Lincoln homes linger on the market far longer than others. It’s easy to assume there’s something wrong – an issue with the property, an inflated asking price, or a lack of interest – but that’s…
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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…