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…
In the realm of British suburban living, the semi-detached house has often been the subject of caricature, a symbol of safe yet uninspiring domesticity, epitomised by hit TV shows and movies like the Dursleys out of Harry Potter, the BBC show Outnumbered, Birds of a Feather and the ever-awkward son…
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…
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…
“An apartment is over £100 grand and a flat under”, said my friend. All joking aside, there is no difference, call it what you will, the humble apartment/flat has served Lincoln well over the years. The average sale price of an apartment in Lincoln in 2021 was £156,280, making it…
The total value of homes owned by Baby Boomers in Lincoln alone is £2,883,700,998, and two-thirds of the Lincoln Millennials are set to inherit all that in the next few decades! Could this be the answer to the housing crisis? Could Lincoln Millennials live it up for the next few…
Well, what a weekend that was. Street parties, gatherings in the park, the bunting, egg & cress sandwiches, union jack flags, cheese & pineapple on cocktail sticks, and let’s not forget the trifle, a great Platinum Jubilee Party. And no decent party is worth its salt without a game or…
The Lincoln housing market over the last five years has behaved oddly. Lincoln house prices are 32.9% higher than in 2017, even though during those five years, the British economy had the uncertainty of Brexit and the massive fall in GDP during the pandemic. Yet, a less observed…
Over £6.6 billion has been collected in residential tax receipts (SDLT and LTT) across England and Wales in the first 9 months of 2021, the highest total since 2017. This is despite the fact 600,000 sales (56%), did not pay any tax due to the stamp duty holidays, first-time buyer…
The base rate of interest is set to rise in the ‘coming months’ as the Bank of England acts to control the UK economy. The Bank voted to keep the base rate at its historic low of 0.1% in November, but with inflation 3.1% and predicted to rise to as…
The issue of new housebuilding in the UK stirs strong emotions. Many believe their local areas are turning into construction zones, with too many homes being built, disrupting the character of towns and villages. But is this perception grounded in reality? The Labour government, which came into power in the…
This question was posed by one of my nephews, when they dropped over for a family quiz over the Christmas break (doesn’t that seem an age away now?). I didn’t know the answer off the top of my head, yet I promised I would find out. So, over the Christmas…
As an experienced estate agent based in Lincoln, I like to monitor the UK and Lincoln property market trends. Therefore, I will start by analysing the 2024 property market (both nationally and locally) and then give my predictions for 2025. In 2024, the UK property market recorded 1,230,136 homes sold…