And the reason you shouldn’t either I know of many Lincoln buy-to-let landlords who fell into property investing by accident. Many didn’t want to sell their family home when the Lincoln housing market crashed in the Credit Crunch of 2009/10, yet still needed to move (often for work). They…
The value of an average Lincoln terraced house has increased in value by £13,185 in the last 12 months, an increase in value of 8.64%. Yet the costs of building a Lincoln home have shot up even more in the last 12 months, meaning the price of Lincoln new…
Lincoln house prices rose by 1.4% last month, according to the Land Registry. This means the annual rate of house price growth in Lincoln has increased to 7.1%. Looking at the national figures, many people were concerned the UK property market was overheating as spring saw annual growth of 9.9%, the highest…
Would it surprise you even more when I said the ratio of house prices to wages are still lower today when compared to 1871? Yes, you read that correctly, as a proportion of average wages British house prices are 17.6% proportionally cheaper today than they were in 1871. I…
When William the Conqueror invaded our fair shores in 1066, like all good kings, he needed to buy loyalty and raise cash to build his castles and armies. He did this by feudal law system and granted all the faithful nobles and aristocrats with land. In return, the nobles and…
“In this article on the Lincoln property market, we review what has happened to Lincoln house prices and what is likely to happen in 2021″. Looking back at the Lincoln property market for 2020, it can certainly be seen as a frenetic game of two halves, albeit with an awfully…
For decades, baby boomers in the UK have been the quiet beneficiaries of a housing market that has worked in their favour. Rising property prices and a growing housing shortage have pushed home values sky-high, giving this generation substantial equity in their homes. However, as more and more boomers enter…
The number of agreed UK property sales until Saturday, 22nd November 2024, is 18% higher than a year ago. Breaking those stats down even further, as of 22nd November 2024, 1,009,340 UK homes had been sold subject to contract (STC), an 18% increase from the 855,083 homes sold STC in…
Recent figures from the Office for National Statistics reveal that across the UK, 486,795 households are occupied by individuals aged 65 (and over) who live in a private rental sector home. This represents that 6.71% of all OAP’s now renting privately. Ten years ago, only 267,704 households were occupied by…