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…
πAudio Version – www.walters-move.me/Audio In an age of soundbites and sensationalism, the UK property marketβparticularly here in Lincolnβoften 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 itβs 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 βbuyersβ marketβ and βsellersβ marketβ 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 Β£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. βDear Estate Agent My fiancΓ© 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 β 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…
Hello, and welcome to another Lincoln Property Blog, brought to you by Ben from Walters of Lincolnshire, this week we look at how to Avoid the Overpricing Trap. The property market is frequently misunderstood, especially amid dramatic news stories. Hereβs what Lincoln homeowners need to know to avoid costly traps.…
Many Lincoln rental problems do not start with bad landlords or difficult tenants. In Lincoln, as in many cities across the country, they usually start with good intentions and silence. Silence about rent reviews. Silence about maintenance. Silence about what happens when life changes. Let me give you a scenario…
In early 2023, property forecasters predicted a significant UK housing downturn over the next two years, citing rising interest rates following Liz Truss’s departure. Halifax expected an 8% drop, Savills predicted a 10% drop, and Nomura Bank forecast up to a 15% drop. While these gloomy forecasts successfully grabbed headlines…