Blogs
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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.…
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Has Buy-to-Let Changed the Lincoln Property Market?
The ‘Buy-To-Let’ (BTL) mortgage is celebrating its Silver Anniversary (25 years) this autumn. Isn’t it fascinating that a decision between a group of letting agents and bankers all that time ago to offer BTL mortgages has changed the face of the Lincoln (and national) property market? But has it been…
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Green Credentials
According to The Property Academy Renter Survey 2021, almost half (49%) of renters would choose their rental property quicker if it had green credentials or a well-being certification. Not only would renters choose their property quicker, but around 61% of renters said they would rent for longer if the property…
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Are Lincoln House Prices Set to Fall this Autumn?
The stamp duty tax holiday is over, furlough finished at the end of September, unemployment is due to rise, and inflation is rife … is this the end of the post lockdown Lincoln property boom? Surely, we are heading for house price correction? Forecasting what will happen in the Lincoln…
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Lincoln Homeowners to be Made Homeless?
The number of properties for sale in Lincoln has fallen by 39% since this time two years ago (October 2019). One of the reasons is that many Lincoln buyers feel overwhelmed and fearful they will be made homeless if they sell their home and can’t buy another. So, I have…