Smaller household sizes are one of the reasons the Lincoln (and the UK) property market and house prices will continue to hold up well in the medium to long term. British households for the last 100 years have been getting smaller, and this trend will drive demand for property and…
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…
The festive season is upon us, and while it brings joy and merriment, it can also usher in a whirlwind of stress. From present-hunting pandemonium to the pressure of hosting the perfect Christmas dinner, it’s easy to feel overwhelmed. But before you succumb to the chaos, remember that Christmas is…
Are you a Lincoln homeowner or landlord? Are you thinking of selling your home or property in early 2025? Then, in this article, let me show you how long it will take, on average, to find a buyer for your Lincoln home and how long solicitors will take to get…
Future legislation and the recent Budget have stirred considerable anxiety among landlords. The Chancellor’s decision to increase the additional Stamp Duty Land Tax (SDLT) from 3% to 5% for landlords purchasing additional properties initially suggested a grim outlook for the buy-to-let sector. This move, coupled with the introduction of the…
Selling a home is a major life event, often filled with stress and tough decisions. To help you navigate this process, I’ve compiled the six most common and costly mistakes homeowners make, based on Walters 234 years of experience in the real estate industry. Mistake 1: Overpricing Your Property While…
In an age of sensational headlines, the UK property market—particularly in Lincoln—often finds itself misinterpreted. While we cannot ignore the challenges of higher mortgage rates and shifting buyer preferences, it is vital to appreciate the broader context to understand what’s happening in the Lincoln property landscape. The UK housing market…
Autumn, with its tapestry of warm colours and cozy vibes, presents a unique opportunity in the real estate market. While the spring selling season often gets the spotlight, savvy sellers know that the autumn months offer distinct advantages. Buyers are motivated to settle into a new home before the holidays,…
Selling a home can be exciting and challenging, particularly when setting the right price. Many sellers make common mistakes that can undermine their success. From overpricing their property to ignoring market trends and not staging correctly, these errors can result in more extended listings and reduced profits. This piece covers…
When selling your home, setting the right price is key to attracting buyers and completing a sale. Comparative Market Analysis (CMA) provides a strategic method for pricing by assessing similar properties in your neighbourhood. This guide covers the essential steps for conducting a CMA, from collecting data on comparable homes…
Regarding property, “location, location, location” remains crucial. Where you live can significantly affect your home’s market price and long-term value. This article examines how location impacts home pricing, considering factors like desirable neighbourhoods, proximity to schools, risk of natural disasters, and access to public transport. By understanding these factors, homebuyers…