Blogs
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Will the Cost-of-Living Crisis Mark the End of the Booming Lincoln Property Market?
Lincoln property prices have increased by 16.5% over the last two years. Lincoln house prices have risen on the back of several things, including changes in how people see their homes and how they live and work (i.e., working from home), a lack of properties on the market and government…
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Are Lincoln’s Millennials to Inherit £215,888 Each From Their Baby Boomer Parents?
The total value of homes owned by Baby Boomers in Lincoln alone is £2,883,700,998, and two-thirds of the Lincoln Millennials are set to inherit all that in the next few decades! Could this be the answer to the housing crisis? Could Lincoln Millennials live it up for the next few…
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Lincoln Property Prices Have Risen by 394% Since 1995
“Tell me what is happening to the Lincoln property market”, asked the friend of a friend at a recent do I went to in Lincoln (after finding out I was an agent in Lincoln). I always reply, “It depends if you are buying, selling or both”. The Lincoln property market…
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Lincoln Starter Homes are 35.4% Cheaper Today Than in 1989
Even though the average value of a Lincoln first-time buyer property has risen by 292.8% since 1989 to £180,350, the monthly payments Lincoln first-time buyers must make on their mortgages as a proportion of their take-home pay is 35.4% less today compared to 1989. Today, according to the Nationwide Building…
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31.9% of Lincoln Property Sellers Reduce Their Asking Prices as the Property Market Starts to Return to Equilibrium
The last couple of years of the Lincoln property market has seen some amazing prices being achieved with multiple offers and many properties selling for way over the asking price. Yet, as I have been writing about the Lincoln property market over the last few weeks, the tide is beginning…
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The Shifting Lincoln Property Market.
The Lincoln property market is on the verge of a ‘tipping point’. The rate of house price growth has started to ease with a reduction in the number of properties that will sell in Lincoln in the coming 12 to 18 months. Yet, rising interest rates and the cost-of-living issues…
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What Was the Average Lincoln House Price in 1952?
Well, what a weekend that was. Street parties, gatherings in the park, the bunting, egg & cress sandwiches, union jack flags, cheese & pineapple on cocktail sticks, and let’s not forget the trifle, a great Platinum Jubilee Party. And no decent party is worth its salt without a game or…
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The 6 Reasons Lincoln Rental Properties Could Inflation-Proof Your Savings
Inflation (and recessions) can be nerve racking for people and their hard-earned savings and wealth. Yet there are six reasons which make investing in private rental properties a potentially wise investment in these changeable times. This article looks at how investing in Lincoln property could help you ‘hedge’…
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Has the Lincoln Property Market Peaked?
Should you buy now or wait for the bargains? Many commentators believe we have seen the peak of the Lincoln property market. So, should savvy bargain hunters wait for Lincoln house prices to fall? Or could postponing your house buying for any anticipated Lincoln house price drop be a costly…
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Lincoln Property Market to Crash in 2022?
According to some newspapers and pundits, the property market boom could soon be over with the increasing interest rates and inflation. In this article, I share the 3 fundamental economic reasons why things are different to the last property market crash. The insider’s way to find out if there will…
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Lincoln Rental Homes Nightmare
Lincoln needs 388 additional private rented properties per year to keep up with current and future demand from Lincoln tenants. Yet over the last 5 years, Lincoln has lost 603 private rented homes. What are the 5 reasons the supply of private rental properties in Lincoln are falling?…
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Lincoln Homeownership Rockets by 1,806 Homes in the Last 5 Years
The Lincoln housing market over the last five years has behaved oddly. Lincoln house prices are 32.9% higher than in 2017, even though during those five years, the British economy had the uncertainty of Brexit and the massive fall in GDP during the pandemic. Yet, a less observed…