Blogs
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My 11 Rules to Buying a Lincoln Property
Finding your next Lincoln property, be that for yourself to live in or as a Lincoln buy to let landlord, can sometimes be a scary task. You are possibly making one of the biggest purchases of your life, and you want to ensure you make the right choice. Buying your…
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The 7 Things Lincoln Home Sellers Should (and Shouldn’t) Do in 2022.
So, did you know 4,743 Lincoln homeowners are considering selling their Lincoln home between now and the summer of 2023? Reports in the press suggest 1 in 5 homeowners are considering moving home in the next 18 months. This will change the dynamics of selling your home in Lincoln, meaning…
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So, What Will Happen to Lincoln House Prices in 2022?
Traditionally, if you had not sold your Lincoln home by the first week in November, you would normally have to wait for the house sellers to return in the famous Boxing Day rush on the portals (Rightmove, Zoopla etc) to get potential buyers interested. Yet matters have been different this…
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Do Lincoln People Have An Addiction to their Spare Bedrooms?
The Housing Minister, Chris Pincher, has suggested older homeowners are “rattling around” in their homes as they are too big for them. He implied they are selfish and should sell up and move to a retirement home when he spoke to a committee in the House of Lords. He stated…
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Should Lincoln Landlords Be Worried About New Rental EPC Regulations?
Everyone should be doing their bit to help reduce the UK’s carbon footprint on the globe – yet the question is, is that burden being put too much on the shoulders of Lincoln landlords with potential bills of £7,600+ in the next four years? The background – the UK has…
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Lincoln House Prices - The Effect of Rising Inflation
House prices tend to rise with inflation, so with UK annual inflation hitting 4.2% last week, that’s good news, isn’t it? Yes and no – let me explain what it means for Lincoln homeowners. The year-on-year cost of living rose by 4.2% in October, its highest rate in almost a…
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With Lincoln Tenants Deposits Totalling £7,371,230, how will ‘Lifetime Deposits’ Change the Lincoln Rental Market?
The Government’s scheduled publication of their White Paper for the Renter’s Reform Bill, which incorporates proposals to forbid Section 21 evictions and introduce ‘Lifetime Deposits’, has been suspended until 2022. The additional time is required to give a chance to create a level playing field to reforms for both landlords…
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STAMP DUTY
Over £6.6 billion has been collected in residential tax receipts (SDLT and LTT) across England and Wales in the first 9 months of 2021, the highest total since 2017. This is despite the fact 600,000 sales (56%), did not pay any tax due to the stamp duty holidays, first-time buyer…
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Is the Lincoln Property Market Running Out of Steam?
In recent articles on the Lincoln property market, I have been talking a lot about house prices over the last 12 months and 5 years in Lincoln. When it comes to newspapers talking about the property market, the headline most people look at is what is happening to house prices.…
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BASE RATE RISE?
The base rate of interest is set to rise in the ‘coming months’ as the Bank of England acts to control the UK economy. The Bank voted to keep the base rate at its historic low of 0.1% in November, but with inflation 3.1% and predicted to rise to as…
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Would You Re-mortgage Your Lincoln Home to Help Your Child Onto the Property Ladder?
How far would you go to help your child get on in the world? Many Lincoln parents move area to ensure their child gets into the best primary school, or to fund their university costs. Many of you reading this have even helped your children with the deposit for their…
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Lincoln Homeowners to Face Post-Lockdown Mortgage Rate Rise of £600 a Year
With grocery, energy and other household prices/costs rising and hitting everyone’s back pocket, inflation (rising prices) may feel like an unimportant issue when it comes to the cost of keeping a roof over your head. Yet nothing could be further from the truth for many Lincoln homeowners and Lincoln landlords.…