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 average time to find a buyer for a Lincoln property reduced from 86 days in 2020 to 56 days in 2021. Yet still, just under 1 in 4 Lincoln homeowners are on the market after 12 weeks. Why are so many Lincoln homes still on the market after all…
The UK is currently experiencing its highest inflation rate since the early 1990s. This increase in prices has primally come about by the combination of an increase in demand for goods and services from consumers following lockdown last year together with global supply chain disruptions. Most economists weren’t too…
2,784 homes in the Lincoln area are empty, which represents 1 in 17 homes. 491 of those have been empty for more than six months and are worth £86million. Why are those properties standing empty and deteriorating and why could that become an issue for the whole of…
The energy bills of every Lincoln resident will rise in April as the price cap increases to account for the global increase in the cost of gas. Those not on the gas mains will still be hit as the UK uses gas to make 45% of its electricity. So, what…
The issue of new housebuilding in the UK stirs strong emotions. Many believe their local areas are turning into construction zones, with too many homes being built, disrupting the character of towns and villages. But is this perception grounded in reality? The Labour government, which came into power in the…
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…