Blogs
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Lincoln Buy-to-Let Market on the Rise as Returns Rise by 38.1% in 5 Years
Lincoln landlords are becoming progressively more self-assured about expanding their rental portfolios; as Lincoln rents rise, mortgage interest rates fall and demand for decent Lincoln rental properties outstrips supply. Several reports nationally would suggest around a third of UK ‘portfolio’ landlords (i.e. landlords with more than one rental property) are…
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Energy Boost
Homes sold with an EPC rating A or B over the past years achieved a 10% price premium over properties with an EPC energy efficient rating of D. One in every 12 properties sold achieved an energy efficiency rating of A or B on its EPC, 47% of properties…
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Why Are More Lincoln OAP Homeowners Deciding Not to Move Home?
A recent report by Legal & General stated that since the pandemic, many older homeowners had put their plans to move home ‘on ice’. It said that fewer OAP homeowners are planning to downsize from their large family homes after the pandemic made them realise the actual value of their…
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Lincoln Homes Asking Prices Down 1%
With Rightmove announcing a national drop of 0.3% in average asking prices in August, some are asking if the steam has been let out of the property market. Yet with the gains we have seen in the last 12 months, is this just a minor bump in the road? Alarm…
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Lincoln Homeowners Have Turned to the Rental Market to Cash in by £13,100 Each
Should you sell or should you buy in this most interesting Lincoln property market? I have calculated that at least 220 Lincoln house sellers have rented a home to break their house chain in the last 12 months, although at a cost as they face paying many thousands of pounds…
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Students in the private rental sector
435,430 first time students have a confirmed place at university in the UK in 2021, this is 5% higher than results day in 2020. During university, 29% of students live in the private rental sector. Dataloft estimate that 570,000 students will be living in the private rental sector during the…
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How Many Days Does It Take to Sell a Lincoln Home?
Whether you are a Lincoln homeowner, first-time buyer, or landlord; the last 15 months has been a roller coaster ride when it comes to the Lincoln property market. With 213,120 UK house buyers and 58,580 UK tenants moving home in June, the summer has been manic for many people. Meaning…
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Only 1 in 19 Lincoln Properties are Bungalows, Despite an Ageing Population. Why?
The bungalow is a building that has represented a more leisurely, gentler way of life since the early 1900’s. Bungalows have been sold as an aspiration for those about to retire, saving them the annoyance of having to climb stairs. With an ageing population, one would think they would be…
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Rents on the rise
The average monthly rent in the UK in now at a record high of £1,029. In the twelve months to July 2021, UK monthly rent increased by 6.6%, rising from £965 to £1,029. In July, all regions in the UK experienced an annual increase in monthly rent, with the…
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Lincoln’s Love (and Hate) Affair with the Semi-Detached House
The Semi-Detached House – the icon of middle-class aspiration, the pinnacle of liberalism yet at the same time compromised individuality, the ‘semi’ as it is colloquially termed is, for many Lincoln homeowners, the highpoint of modern domestic bliss. Britain’s gift to architecture is the humble ‘Semi-Detached House’. This type of…
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How Often to you move?
Moving home is the ultimate double-edged sword. Of course, you get to enjoy new neighbourhood, perhaps a bigger home, and all the excitement that comes with making your Lincoln home your own. Yet to get that point, there is the weeks and weeks of changing utility suppliers, weeks of packing…
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Lincoln Home Moves Hit Record High in June
as 184.7% more people sell in June compared to the Lincoln area 10-year average June 2021 was the busiest month ever for UK estate agents, home removal companies and conveyancers since monthly records began, as HMRC logged 213,120 residential transactions in June, a jump of more than 216% nationally on the…