Being a Lincoln landlord is undoubtedly a challenge. The glory years of making money from ‘any old property’ are certainly in the past. With increased legislation and taxation from Government and the cost-of-living crisis (which will result in some Lincoln tenants struggling to pay their rent), times are challenging for…
Last week the Bank of England increased interest rates to 2.25% and they are expected to be 3.25% by early next year. This increase will make the monthly mortgage payments more expensive for first-time buyers, an issue dubbed by some as the ‘property affordability crunch.’ It will also damage the…
With the cost-of-living crisis beginning to hit, the 20 and 30-somethings of Lincoln urgently need the help and support of the Government to help them get on the property ladder. For the last few weeks, we have listened to the debates and hustings of Liz and Rishi. Between them, they…
Inflation (and recessions) can be nerve racking for people and their hard-earned savings and wealth. Yet there are six reasons which make investing in private rental properties a potentially wise investment in these changeable times. This article looks at how investing in Lincoln property could help you ‘hedge’…
In 1981, 37.5% of properties in Lincoln were council houses. Today, that figure stands at 18.5%, a proportional drop of 51%. Why has the number of council houses dropped so much in those 40 years? How has that changed the dynamics of the Lincoln property market in those 40 years?…
2,784 homes in the Lincoln area are empty, which represents 1 in 17 homes. 491 of those have been empty for more than six months and are worth £86million. Why are those properties standing empty and deteriorating and why could that become an issue for the whole of…
Are these proposed changes another nail in the buy-to-let coffin for Lincoln landlords? On the face of it, yes, it could be seen as another attack on the humble Lincoln landlord, having to spend money on their properties and get tangled up with red tape on a register and then…
Traditionally, if you had not sold your Lincoln home by the first week in November, you would normally have to wait for the house sellers to return in the famous Boxing Day rush on the portals (Rightmove, Zoopla etc) to get potential buyers interested. Yet matters have been different this…
Everyone should be doing their bit to help reduce the UK’s carbon footprint on the globe – yet the question is, is that burden being put too much on the shoulders of Lincoln landlords with potential bills of £7,600+ in the next four years? The background – the UK has…
The Government’s scheduled publication of their White Paper for the Renter’s Reform Bill, which incorporates proposals to forbid Section 21 evictions and introduce ‘Lifetime Deposits’, has been suspended until 2022. The additional time is required to give a chance to create a level playing field to reforms for both landlords…
The UK housing market has always been subject to government policy announcements, outside forces of economics, and consumer confidence fluctuations. After a turbulent 2024, there is evidence that 2025 will provide more stability and growth—particularly in areas such as Lincoln, where affordability, high demand, and improved financial situations are coming…
Last week, the Bank of England’s interest rate dropped to 4.5%, marking its third cut in under a year. This decision follows a previous reduction in November 2024, with the rate remaining unchanged in December. While most of the Bank’s policymakers supported the move to 4.5%, a minority favoured a…
If you’re a homeowner in Lincoln thinking of selling your property, you have probably wondered how long it will take to find a buyer. The timeline for selling a home varies depending on factors such as property type, price, and market conditions. Fortunately, we’ve compiled the latest statistics for 403…