Rents on the rise

The average monthly rent in the UK in now at a record high of £1,029. In the twelve months to July 2021, UK monthly rent increased by 6.6%, rising from £965 to £1,029.
 
In July, all regions in the UK experienced an annual increase in monthly rent, with the South West experiencing the biggest increase, 12.9%.
 
Over one in five of all new rental tenancies are agreed in August and September, so the next two months are set to be busy.
 
Rental forecasts look strong, with the RICS residential survey forecasting rents to rise +3% over the next twelve months

Blogs

1 in 7.1 Lincoln Homeowners Cut Their Asking Price Since 1st Jan 2025 21st April News

1 in 7.1 Lincoln Homeowners Cut Their Asking Price Since 1st Jan 2025

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…

Read More
Lincoln Q1 2025 Property Market Report 14th April News Sales

Lincoln Q1 2025 Property Market Report

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…

Read More
The £10.94m Lincoln Bank of Mum and Dad in 2025: A Blessing or a Barrier? 9th April News

The £10.94m Lincoln Bank of Mum and Dad in 2025: A Blessing or a Barrier?

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?…

Read More