👂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 average time to sell a house in the UK from start to finish is 170 days, equivalent to 24.3 weeks or 5.6 months from the first day of marketing to legal completion, whilst in Lincoln it’s 185 days. The actual time can vary depending on market conditions, location, property…
As a Lincoln estate agent, I have witnessed first-hand how the Lincoln property market operates and the various factors that influence property sales. One intriguing aspect is the difference in saleability across different price ranges. In this article, we will delve into the dynamics of selling properties in relation to…
A Comprehensive Guide for Lincoln Homeowners In the ever-changing world of Lincoln property, the terms ‘buyers’ market’ and ‘sellers’ market’ are phrases bandied about. These property market conditions can significantly impact your ability to buy or sell a Lincoln property, regardless of which side of the fence you find yourself…
The Lincoln property landscape is constantly evolving, shaped by societal, economic, and cultural factors. The type of properties people have bought in the last few years since Lockdown One has undergone some subtle changes, reflecting shifting preferences and lifestyle choices. This article explores the transformations in property purchasing trends over…
Since Christmas, Lincoln first-time buyers and savvy Lincoln buy-to-let landlords have been more active than expected in the Lincoln property market. Rents in the Lincoln area have soared in the last two years, with the average Lincoln rent increasing to £798 a month, an increase of 16.3%. Because of these…
For fun, this week, we present our blog in the form of a letter from a first-time buyer along with my response. “Dear Estate Agent My fiancé and I have been actively searching for our first home in Lincoln for the past month. Being first-time buyers, we are new to…
The Lincoln housing market is relativity buoyant, thanks to an unexpected group of people – Lincoln first-time buyers. Many Lincoln tenants are annoyed with competing for Lincoln rental properties at high rents. Therefore, over the last 12 months, many renters have been stretching their finances to get on the Lincoln…
In my articles on the Lincoln property market, I like to provide an insight into the real story of what is happening in our local (and national) property market and address the misconceptions that some of the media have been spreading. Despite almost daily reports of a housing market crash…
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…