Navigating the property market in Lincoln? Understanding the current market dynamics is essential whether you’re looking to buy a dream home or sell a cherished property. Recent data reveals a fascinating surge in property transactions across the UK, with Lincoln included in all this bustling activity. This article delves into…
The number of agreed UK property sales until the last Sunday of January (28th) is 8.35% higher than a year ago. Tumbling mortgage costs have encouraged buyers and sellers to return to the property market. There is a more buoyant picture for the UK property market in the first four…
As a seasoned estate agent serving the Lincoln community, I’ve always prided myself on offering transparent, informed advice to local homeowners. Today, I’d like to provide a balanced perspective on the current housing market trends and what they could mean for those contemplating selling their Lincoln homes. The housing…
As an experienced estate and letting agent based in Lincoln, I have been closely monitoring the trends in the UK property market. As of January 11th, 2024, the market has shown a solid start, a trend worth exploring, especially in how it might mirror or differ from the local market…
In a recent financial turn, Lincoln residents are experiencing a wave of relief as mortgage rates across the UK take a surprising dip. This reduction, led by major lenders, signals a potential opportunity for the Lincoln housing market, directly affecting homeowners, landlords and first-time buyers in the city. Let’s delve…
The Lincoln housing market, like many others, has experienced a notable shift in 2023. The percentage of home sales agreed and moved (completed) compared to those withdrawn from the market unsold has decreased relative to 2022. Looking at independent data for the Lincoln area (LN1-LN6) … In 2022, 67.0% of…
The UK’s property market landscape has experienced a significant shift over the last couple of years. In October 2021, there were 424,809 properties for sale in the UK. That now stands at 664,780, a rise of 56.5%. Looking at the number of property sales in the UK in October 2021,…
Navigating the property landscape, particularly in a city like Lincoln, requires more than just a reactive approach to the daily newspaper and social media headlines. As homeowners and potential investors are continuously bombarded with alarming whispers of plummeting house prices, coupled with rising interest rates and the heartache of negative…
👂Audio Version – www.walters-move.me/Audio In an age of soundbites and sensationalism, the UK property market—particularly here in Lincoln—often finds itself misconstrued by general narratives. While we cannot ignore the challenges of increasing mortgage rates and shifting buyer preferences, it is vital to appreciate the broader context to understand what’s happening…
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…
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…