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…
As we go into the second quarter of 2023, there is significant uncertainty in the UK economy, leading to uncertainty in the property market. The number one issue is the fight against inflation and the cost-of-living crisis. The Bank of England is working hard to decrease inflation, and hopefully, in…
Are you tired of waiting for months on end to complete a property transaction in Lincoln? Did you know that it takes over 4 months to sell a property in our local area? In this article, we reveal the reasons why and offer practical tips to speed up the process.…
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…