The number of properties available to rent in Lincoln has dropped from 1,454 to 1,175 since February 2020 (excluding student let accommodation). The average rent a tenant has had to pay in Lincoln has risen from £638 to £807 since February 2020. Many Lincoln landlords have cashed in on the…
This is the question many people are asking right now, and the answer depends on your circumstances. I pride myself on my ability to provide objective, fact-based information on the Lincoln property market so potential Lincoln house sellers, landlords and buyers can make the best decision for themselves. My role is…
Being a Lincoln landlord is undoubtedly a challenge. The glory years of making money from ‘any old property’ are certainly in the past. With increased legislation and taxation from Government and the cost-of-living crisis (which will result in some Lincoln tenants struggling to pay their rent), times are challenging for…
Doom and gloom in the British property market or clickbait doom-mongers? Newspapers and clickbait 24-7 news websites, desperate for clicks, are peddling a story of a doomsday time for the economy, particularly the property market, as interest rates and inflation create the perfect storm for the UK property market. So,…
Last week the Bank of England increased interest rates to 2.25% and they are expected to be 3.25% by early next year. This increase will make the monthly mortgage payments more expensive for first-time buyers, an issue dubbed by some as the ‘property affordability crunch.’ It will also damage the…
Looking at the newspapers with their doom and gloom headlines, you would think that the Lincoln property market (and the British property market) would be on its knees. Yet ring some Lincoln estate agents for a viewing or free valuation, and if you can get an appointment within a week…
Lincoln OAP retirees must make tough choices with the onset of the cost-of-living crisis. Growing inflation, unpredictable financial markets and the prohibitive cost of living mean many former retired Lincoln people are returning to work in what has been dubbed the ‘great unretirement’. Some are even bringing forward their downsizing…
As gas and electric bills rocket for Lincoln tenants, Lincoln landlords who do not start to make energy efficiency upgrades face lengthy void periods and will have to discount their rents. This is irrespective of the Government’s plans to change the rules on renting properties with low Energy Performance Certificate…
With the cost-of-living crisis beginning to hit, the 20 and 30-somethings of Lincoln urgently need the help and support of the Government to help them get on the property ladder. For the last few weeks, we have listened to the debates and hustings of Liz and Rishi. Between them, they…
“An apartment is over £100 grand and a flat under”, said my friend. All joking aside, there is no difference, call it what you will, the humble apartment/flat has served Lincoln well over the years. The average sale price of an apartment in Lincoln in 2021 was £156,280, making it…
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…
Transforming your front garden into an inviting oasis doesn’t have to break the bank. You can improve your outdoor area without spending too much on creative ideas and careful planning. This article offers ten simple and budget-friendly gardening tips specifically for homeowners in Lincoln. Find out how to create a…