Blogs
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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…
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Did you know there are 12,817 Terraced Houses in Lincoln, Why Are They So Popular?
The terraced house is one of the most familiar styles of home in Lincoln (and the UK as a whole). 30.3% of Lincoln people live in a terraced home, interesting when compared with the national average of 22.7%. So, what is it about the humble terraced/townhouse us Brits love so…
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Fifty-one percent Drop in Lincoln Council Houses in the Last 40 Years
In 1981, 37.5% of properties in Lincoln were council houses. Today, that figure stands at 18.5%, a proportional drop of 51%. Why has the number of council houses dropped so much in those 40 years? How has that changed the dynamics of the Lincoln property market in those 40 years?…
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Why does it take 114 days to get the keys when you buy a Lincoln house?
2,504 properties have sold in the Lincoln area in the last 12 months. It only takes 55 days to sell a Lincoln home, so why does it take 114 days from the sold board going up to the buyer getting the keys? With a shortage of solicitors and a sub-standard…