The total value of homes owned by Baby Boomers in Lincoln alone is £2,883,700,998, and two-thirds of the Lincoln Millennials are set to inherit all that in the next few decades! Could this be the answer to the housing crisis? Could Lincoln Millennials live it up for the next few…
Even though the average value of a Lincoln first-time buyer property has risen by 292.8% since 1989 to £180,350, the monthly payments Lincoln first-time buyers must make on their mortgages as a proportion of their take-home pay is 35.4% less today compared to 1989. Today, according to the Nationwide Building…
The Lincoln property market is on the verge of a ‘tipping point’. The rate of house price growth has started to ease with a reduction in the number of properties that will sell in Lincoln in the coming 12 to 18 months. Yet, rising interest rates and the cost-of-living issues…
Well, what a weekend that was. Street parties, gatherings in the park, the bunting, egg & cress sandwiches, union jack flags, cheese & pineapple on cocktail sticks, and let’s not forget the trifle, a great Platinum Jubilee Party. And no decent party is worth its salt without a game or…
Inflation (and recessions) can be nerve racking for people and their hard-earned savings and wealth. Yet there are six reasons which make investing in private rental properties a potentially wise investment in these changeable times. This article looks at how investing in Lincoln property could help you ‘hedge’…
According to some newspapers and pundits, the property market boom could soon be over with the increasing interest rates and inflation. In this article, I share the 3 fundamental economic reasons why things are different to the last property market crash. The insider’s way to find out if there will…
Lincoln needs 388 additional private rented properties per year to keep up with current and future demand from Lincoln tenants. Yet over the last 5 years, Lincoln has lost 603 private rented homes. What are the 5 reasons the supply of private rental properties in Lincoln are falling?…
The Lincoln housing market over the last five years has behaved oddly. Lincoln house prices are 32.9% higher than in 2017, even though during those five years, the British economy had the uncertainty of Brexit and the massive fall in GDP during the pandemic. Yet, a less observed…
In 1981, 37.5% of properties in Lincoln were council houses. Today, that figure stands at 18.5%, a proportional drop of 51%. Why has the number of council houses dropped so much in those 40 years? How has that changed the dynamics of the Lincoln property market in those 40 years?…
2,504 properties have sold in the Lincoln area in the last 12 months. It only takes 55 days to sell a Lincoln home, so why does it take 114 days from the sold board going up to the buyer getting the keys? With a shortage of solicitors and a sub-standard…
The UK housing market has always been subject to government policy announcements, outside forces of economics, and consumer confidence fluctuations. After a turbulent 2024, there is evidence that 2025 will provide more stability and growth—particularly in areas such as Lincoln, where affordability, high demand, and improved financial situations are coming…
Last week, the Bank of England’s interest rate dropped to 4.5%, marking its third cut in under a year. This decision follows a previous reduction in November 2024, with the rate remaining unchanged in December. While most of the Bank’s policymakers supported the move to 4.5%, a minority favoured a…
If you’re a homeowner in Lincoln thinking of selling your property, you have probably wondered how long it will take to find a buyer. The timeline for selling a home varies depending on factors such as property type, price, and market conditions. Fortunately, we’ve compiled the latest statistics for 403…