This question was posed by one of my nephews, when they dropped over for a family quiz over the Christmas break (doesn’t that seem an age away now?). I didn’t know the answer off the top of my head, yet I promised I would find out. So, over the Christmas…
As an experienced estate agent based in Lincoln, I like to monitor the UK and Lincoln property market trends. Therefore, I will start by analysing the 2024 property market (both nationally and locally) and then give my predictions for 2025. In 2024, the UK property market recorded 1,230,136 homes sold…
Despite a turbulent economic backdrop, the housing sector demonstrated resilience, with house prices showing modest growth and transaction levels recovering. As we step into 2025, the market is poised for further shifts, influenced by interest rates, stamp duty revisions, and other key factors. Let’s take a closer look at the…
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…
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?…
A Lincoln landlord recently asked me why the brand new property she was considering was noticeably more expensive than a similar second-hand home in the same location. It’s a common question, and many homeowners and landlords in Lincoln have likely pondered it. So, I decided to dig into the data…
Setting up your home correctly can help attract genuine buyers, especially in a tough market like Lincoln. Here are the top 10 staging tips to make your home more attractive, helping it sell quicker and for more money. Try these effective methods to tidy up, improve the outside look, and…
