Blogs
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1 in 4 Lincoln Homeowners Unable to Sell
The average time to find a buyer for a Lincoln property reduced from 86 days in 2020 to 56 days in 2021. Yet still, just under 1 in 4 Lincoln homeowners are on the market after 12 weeks. Why are so many Lincoln homes still on the market after all…
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How Will Rising Inflation Affect the Lincoln Property Market in 2022?
The UK is currently experiencing its highest inflation rate since the early 1990s. This increase in prices has primally come about by the combination of an increase in demand for goods and services from consumers following lockdown last year together with global supply chain disruptions. Most economists weren’t too…
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1 in 17 homes are sitting empty in the Lincoln area
2,784 homes in the Lincoln area are empty, which represents 1 in 17 homes. 491 of those have been empty for more than six months and are worth £86million. Why are those properties standing empty and deteriorating and why could that become an issue for the whole of…
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Lincoln Household Heating Bills Set to Rise to £66,885,718 in 2022
The energy bills of every Lincoln resident will rise in April as the price cap increases to account for the global increase in the cost of gas. Those not on the gas mains will still be hit as the UK uses gas to make 45% of its electricity. So, what…
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Why Are There So Few Lincoln Homes For Sale?
There are 406 properties for sale today in Lincoln; roll the clock back exactly a year, and the figure was 686 – there’s been a drop of 41%. This drop is being dubbed ‘for sale board crunch’. The ‘for sale board crunch’ has left many prospective Lincoln home buyers stressing…
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2,069 Lincoln Landlords Could Be Hit With £14k Bills and Red Tape in Tory 'Levelling Up' Plans
Are these proposed changes another nail in the buy-to-let coffin for Lincoln landlords? On the face of it, yes, it could be seen as another attack on the humble Lincoln landlord, having to spend money on their properties and get tangled up with red tape on a register and then…
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10,203 Lincoln OAP Homeowners Could Be Forced To Sell Their Homes As Their Energy Bills Rise
The wholesale gas price has tripled in 2021. Even if you aren’t on gas at home, half the UK’s electricity comes from burning gas so, this affects everyone. Even though domestic bills have been protected from the majority of this with the Government’s price cap, energy bills will rise by…
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Lincoln Homeowners Pocketed £166k Each in the Last 20 Years
Since 2001, UK average house prices have risen by an astonishing 187.2% across the UK, while in London the figure is 247.6%. Looking back at the people that bought in those first few years of the new Millennium, few of those buying or selling property in 2001 could have forecast…
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The Future of the Lincoln Buy-To-Let Market in 2022
The headlines. Lincoln rents up by 7.1% in the last 12 months, Lincoln house prices up 11.7% in the last 12 months, Lincoln landlords helped by ultra-low mortgage rates and a stamp duty holiday, Yet, some landlords in Lincoln anxious about a possible end to no fault evictions, New EPC…
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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…