Blogs
-
The Changing Landscape of Lincoln’s Housing Market: Exploring the Ethical Dimensions of Buy-to-Let Investment
The city of Lincoln has witnessed a profound transformation in its housing landscape over the last few years and the surge in private renting has led to significant debates about the morality of the buy-to-let market. Let us look at the current statistics compared to 40 years ago to show…
-
The Emergence of Accidental Lincoln Landlords in a Slowing Housing Market?
A Lincoln landlord remarked to me the other day that he felt that there were more ‘posher’ up-market properties coming up for rent in the last six months compared to a couple of years ago. I stated that this was the case, and it wasn’t all down to the recent…
-
The Untold Story of Lincoln’s Terraced Houses
Call me old-fashioned and nostalgic, but I am fond of terraced houses. I’ve conducted some research that my fellow readers of the Lincoln Property Market Blog will find intriguing! Architecturally speaking, the terraced or townhouse has been prevalent in the UK since the late 1600s. It involves a row of…
-
14 Reasons Not to Fear Lincoln House Price Drops
👂Audio Version – www.walters-move.me/Audio The Lincoln property market experienced a boom between the summer of 2020 and late summer of 2022, fuelled mainly by pandemic-induced trends such as the stamp duty stimulus, low mortgage rates, the race for space, and the rise of remote working. 2023 has presented a different story…
-
As Lincoln rents smash past the £800 a month barrier, are Lincoln landlords profiteering?
The private rented sector for both Lincoln landlords and Lincoln tenants is facing immense challenges, with a shortage of available homes for rent putting renters under significant pressure. And you can see why when the average UK rent in 2021 was £1,381 and in 2023 it has been £1,706, an…
-
The Rise of Bungalows in the Lincoln Property Market
During the pandemic, the property market experienced a surge in demand for larger Lincoln homes with spacious gardens. However, the tides are shifting, and a new trend is emerging. The combination of an ageing Lincoln population, the post-Covid trend for early retirement and economic uncertainty has sparked a newfound love…
-
Why Does it Take 185 Days to Sell a Home in Lincoln?
The average time to sell a house in the UK from start to finish is 170 days, equivalent to 24.3 weeks or 5.6 months from the first day of marketing to legal completion, whilst in Lincoln it’s 185 days. The actual time can vary depending on market conditions, location, property…
-
Unlocking the Secrets of the Lincoln Property Market Across Different Price Ranges
As a Lincoln estate agent, I have witnessed first-hand how the Lincoln property market operates and the various factors that influence property sales. One intriguing aspect is the difference in saleability across different price ranges. In this article, we will delve into the dynamics of selling properties in relation to…
-
Is Lincoln a Buyers’ or Sellers’ Property Market?
A Comprehensive Guide for Lincoln Homeowners In the ever-changing world of Lincoln property, the terms ‘buyers’ market’ and ‘sellers’ market’ are phrases bandied about. These property market conditions can significantly impact your ability to buy or sell a Lincoln property, regardless of which side of the fence you find yourself…
-
Shocking Revelation: 1,568 Lincoln Properties Remain Empty, leaving 557 People on the Council House Waiting List in Despair
There aren’t enough homes in Lincoln. The answer is clearly to build more properties – but that, unfortunately for those badly seeking to buy or rent a home in Lincoln, takes a lot of time and massive amounts of money. So, what other solutions are there? Whilst I am an…
-
Evolving Lincoln Property Preferences: A Shift in Types of Lincoln Properties Purchased Over the Last Two Years
The Lincoln property landscape is constantly evolving, shaped by societal, economic, and cultural factors. The type of properties people have bought in the last few years since Lockdown One has undergone some subtle changes, reflecting shifting preferences and lifestyle choices. This article explores the transformations in property purchasing trends over…
-
I HAVE £140,000 TO INVEST – IS A LINCOLN RENTAL PROPERTY STILL WORTH THE RISK?
“We have recently inherited £140,000. We have contemplated purchasing a Lincoln buy-to-let property to support our early retirement. Considering that the Skipton Building Society offers a 4.25% return on their 18-month bond and the stagnant Lincoln property market, we are uncertain whether investing in a rental property is worth the…