Lincoln homeowners – do you know how big your Lincoln home is? What is the square footage of your Lincoln home? Don’t worry, most of us don’t – yet it could be fundamental as Lincoln home buyers search for new homes. Us Brits are obsessed with our homes, yet most…
The share of Brits moving each year has been declining since the late 1980s (when at one stage, people moved every eight years), yet since the pandemic’s beginning, something has appeared to upset that trend. Newspaper stories and social media posts painted a picture of homeowners moving from the city centres…
In her first conference speech as the Tory’s new leader in 1975, the grocer’s daughter from Grantham, Margaret Thatcher, asserted her conviction in a ‘property-owning democracy’. Although Thatcher didn’t conceive the saying – (that credit belonged to Conservative MP Noel Skelton in 1923), it encapsulated what she thought Britain should…
The Lincoln housing market over the last three months is now becoming more ‘normal’ after the last couple of years of insane demand when the lockdowns started a race for space! Even with the blackening economic doom-mongers forecasting a harsh slowdown in the British property market, the number of people…
The autumn of 2022 saw economic and political instability with the resignation of Boris Johnson as Prime Minister and the ill-fated Liz Truss 44-day premiership. Now as we go into 2023, the economic and political turmoil has subdued, offering a greater feeling of stability in money markets. So, on the…
More Lincoln homes are now coming up for sale. This is excellent news for Lincoln homebuyers and landlords because as properties are no longer flying off the shelf as they did last year, the number of properties available to buy is beginning to return to long-term averages. This means there…
Some of you reading this will be old enough to remember the 1970s – the bell-bottom trousers, the huge collars, frayed jeans, disco glitter balls, maxi dresses, midi skirts but above everything else – HYPER-INFLATION. With inflation currently standing at 11.1%, many of us envy the last few years…
The doom and gloom of the national newspaper headlines regarding the UK property market would make you think Armageddon has arrived – this being the second most interesting topic to the Brits (the first being the weather!). So, what is happening in the British property market? As with most things…
The number of properties available to rent in Lincoln has dropped from 1,454 to 1,175 since February 2020 (excluding student let accommodation). The average rent a tenant has had to pay in Lincoln has risen from £638 to £807 since February 2020. Many Lincoln landlords have cashed in on the…
This is the question many people are asking right now, and the answer depends on your circumstances. I pride myself on my ability to provide objective, fact-based information on the Lincoln property market so potential Lincoln house sellers, landlords and buyers can make the best decision for themselves. My role is…
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…