The terraced house is one of the most familiar styles of home in Lincoln (and the UK as a whole). 30.3% of Lincoln people live in a terraced home, interesting when compared with the national average of 22.7%. So, what is it about the humble terraced/townhouse us Brits love so…
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?…
2,504 properties have sold in the Lincoln area in the last 12 months. It only takes 55 days to sell a Lincoln home, so why does it take 114 days from the sold board going up to the buyer getting the keys? With a shortage of solicitors and a sub-standard…
The average time to find a buyer for a Lincoln property reduced from 86 days in 2020 to 56 days in 2021. Yet still, just under 1 in 4 Lincoln homeowners are on the market after 12 weeks. Why are so many Lincoln homes still on the market after all…
The UK is currently experiencing its highest inflation rate since the early 1990s. This increase in prices has primally come about by the combination of an increase in demand for goods and services from consumers following lockdown last year together with global supply chain disruptions. Most economists weren’t too…
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…
The energy bills of every Lincoln resident will rise in April as the price cap increases to account for the global increase in the cost of gas. Those not on the gas mains will still be hit as the UK uses gas to make 45% of its electricity. So, what…
There are 406 properties for sale today in Lincoln; roll the clock back exactly a year, and the figure was 686 – there’s been a drop of 41%. This drop is being dubbed ‘for sale board crunch’. The ‘for sale board crunch’ has left many prospective Lincoln home buyers stressing…
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…
The wholesale gas price has tripled in 2021. Even if you aren’t on gas at home, half the UK’s electricity comes from burning gas so, this affects everyone. Even though domestic bills have been protected from the majority of this with the Government’s price cap, energy bills will rise by…
In early 2023, property forecasters predicted a significant UK housing downturn over the next two years, citing rising interest rates following Liz Truss’s departure. Halifax expected an 8% drop, Savills predicted a 10% drop, and Nomura Bank forecast up to a 15% drop. While these gloomy forecasts successfully grabbed headlines…
In 2025, 25.01% of agreed property sales in Lincoln did not complete, and this is more important than many homeowners think. In Lincoln, where sales chains are often longer and buyers are more sensitive to price, this has a bigger impact. Agreeing a sale has never meant a guarantee, since…
When you look back at the average rents achieved in Lincoln over the last five years, from 2021 through to 2025, a clear pattern emerges. Lincoln saw extraordinary growth in rents as the market experienced a period of exceptional pressure post pandemic, yet in the last 12 months, is now…