Blogs
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Making Sense of the Lincoln Property Market's £230 per Square Foot Value
Lincoln, a vibrant city with a diverse property market, offers countless opportunities for homeowners seeking their next home. However, navigating this landscape requires a strategic approach to avoid common pitfalls. If you’re a current Lincoln homeowner weighing up your options for a potential move, this guide will shed light on…
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Is it a Lincoln Buyers’ or Sellers’ Property Market?
Navigating the property market in Lincoln? Understanding the current market dynamics is essential whether you’re looking to buy a dream home or sell a cherished property. Recent data reveals a fascinating surge in property transactions across the UK, with Lincoln included in all this bustling activity. This article delves into…
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Lincoln Homeowners: Miss the 23rd of May 2024 Deadline and You Might Miss Christmas in Your New Home.
As May comes into view, with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, the thoughts and contemplations of Christmas seem a million miles away. Yet many people who wish to move would like to be in for Christmas. If…
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Lincoln Property Owners Reap £3,809 Yearly Gains Since 2001
As we are now nicely into 2024, it’s certain the Lincoln housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2024 and beyond. As…
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2-Bed or 3-Bed Lincoln Homes: Which Sells the Fastest?
Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Lincoln property market. A few weeks ago, I stated that of the Lincoln properties that have sold subject to contract (stc) in the three months of Dec, Jan & Feb, it took an average…
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Lincoln Q1 2024 Property Market Report
In the articles on the Lincoln property market, we like to provide an insight into the real story of what is happening in our Lincoln (and national) property market and address the misconceptions that some of the ‘doom monger’ media have been spreading. Despite almost daily reports of a housing…
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Lincoln’s £1.29 Billion Inheritance from Baby Boomers Won't Save Gen X and Millennials
Many Lincoln people I talk to in their late 30s to late 40s are relying on the inheritance from their baby boomer generation parents to help them in their home buying and retirement future. It is true there is £2 trillion (£2,040,861,524,790 to be exact give or take a few…
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How has the Spring Budget affected Lincoln Homeowners and Landlords?
The Spring Budget 2024 this afternoon has introduced some changes that could significantly influence your Lincoln property strategies and investment outcomes. Here’s a comprehensive mini update: Capital Gains Tax Cut: A major highlight is the reduction in the higher rate of property Capital Gains Tax from 28% to 24%. This…
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Lincoln's Restless Homeowners: The 5 Year 39 Week Itch in the Lincoln Housing Market
There are 28.4m households in Britain, of which 17,693,200 are owned, worth a total of £5,127,807,837,600 (£5.1 trillion). When you add all the private rented homes and council houses, that figure reaches just over £8.5 trillion! Over the last six years, 76,669 UK properties have sold each month, meaning…
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House Sales Up 14.8% on 2023 as Mortgage Rates Fall (Yet is it a sellers’ market in Lincoln?)
The number of agreed UK property sales until the last Sunday of January (28th) is 8.35% higher than a year ago. Tumbling mortgage costs have encouraged buyers and sellers to return to the property market. There is a more buoyant picture for the UK property market in the first four…
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Is 2024 a good time to sell your Lincoln home?
As a seasoned estate agent serving the Lincoln community, I’ve always prided myself on offering transparent, informed advice to local homeowners. Today, I’d like to provide a balanced perspective on the current housing market trends and what they could mean for those contemplating selling their Lincoln homes. The housing…
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The UK Property Market in 2024: A Robust Start with Implications for Lincoln
As an experienced estate and letting agent based in Lincoln, I have been closely monitoring the trends in the UK property market. As of January 11th, 2024, the market has shown a solid start, a trend worth exploring, especially in how it might mirror or differ from the local market…