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…
There are 406 properties for sale today in Lincoln; roll the clock back exactly a year, and the figure was 686 – there’s been a drop of 41%. This drop is being dubbed ‘for sale board crunch’. The ‘for sale board crunch’ has left many prospective Lincoln home buyers stressing…
Since 2001, UK average house prices have risen by an astonishing 187.2% across the UK, while in London the figure is 247.6%. Looking back at the people that bought in those first few years of the new Millennium, few of those buying or selling property in 2001 could have forecast…
The headlines. Lincoln rents up by 7.1% in the last 12 months, Lincoln house prices up 11.7% in the last 12 months, Lincoln landlords helped by ultra-low mortgage rates and a stamp duty holiday, Yet, some landlords in Lincoln anxious about a possible end to no fault evictions, New EPC…
Finding your next Lincoln property, be that for yourself to live in or as a Lincoln buy to let landlord, can sometimes be a scary task. You are possibly making one of the biggest purchases of your life, and you want to ensure you make the right choice. Buying your…
So, did you know 4,743 Lincoln homeowners are considering selling their Lincoln home between now and the summer of 2023? Reports in the press suggest 1 in 5 homeowners are considering moving home in the next 18 months. This will change the dynamics of selling your home in Lincoln, meaning…
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…