Blogs
-
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…
-
Lincoln House Prices Have Risen by 3.97% Since Christmas.
Since Christmas, Lincoln first-time buyers and savvy Lincoln buy-to-let landlords have been more active than expected in the Lincoln property market. Rents in the Lincoln area have soared in the last two years, with the average Lincoln rent increasing to £798 a month, an increase of 16.3%. Because of these…
-
Lincoln's Property Market Enigma: Cracking the Code of Lincoln's £214/sq. ft Puzzle for First-Time Buyers.
For fun, this week, we present our blog in the form of a letter from a first-time buyer along with my response. “Dear Estate Agent My fiancé and I have been actively searching for our first home in Lincoln for the past month. Being first-time buyers, we are new to…
-
First-time Buyers Keeping our Local Property Market Afloat
The Lincoln housing market is relativity buoyant, thanks to an unexpected group of people – Lincoln first-time buyers. Many Lincoln tenants are annoyed with competing for Lincoln rental properties at high rents. Therefore, over the last 12 months, many renters have been stretching their finances to get on the Lincoln…