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.…
With mortgage rates tripling over the last 12 months, one could be forgiven for thinking buying a Lincoln home as a first-time buyer would out of the question. Yet, what if I told you, it is £72 a year cheaper to buy a Lincoln home as a first-time buyer than…
👂Audio Version – www.walters-move.me/Audio 🎬Video Version – www.walters-move.me/Vlog428 Traditionally, the first four months of the year are usually an estate agents’ busiest time for house sales. However, if the last three years have taught us anything, nothing is ‘normal’ and ‘usual’ anymore. The Lincoln property market is finding that with the…
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…
With the Bank of England raising interest rates and inflation high, what is happening in the Lincoln property market? Are properties selling in Lincoln? And if so, what is selling? What will happen to the value of your Lincoln home? Read the article to find out what is happening to…
An additional 2,050 spare bedrooms have been locked out of the Lincoln housing market since 2011 as Britain’s ageing population means the country’s stock of homes is being used more unproductively. The number of spare bedrooms in Lincoln between 2011 and 2021 increased from 39,577 to 41,627. The number of Lincoln households…
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…
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…
As Lincoln’s property market shifts and grows, sellers who’ve been on the market a while often face a tricky question: when to tweak the asking price—and by how much—to spark new interest. With the number of homes for sale in Lincoln’s LN1 to LN6 postcodes jumping from 1,595 in March…
Understanding what is really going on in the Lincoln property market is key to cutting through the noise and seeing the true picture–both locally and nationally. Despite the near constant doom and gloom headlines predicting a housing crash since September 2022, the statistics tell a very different story. The British…
In today’s Lincoln property market, the Bank of Mum and Dad remains a powerful force — and it’s only grown more influential. For many first-time buyers in Lincoln, parental help is not just a boost, it’s often the key to the front door. But is this a sign of generosity?…