The predicament of the Lincoln 20 to 30 year olds who rent and their inability to get onto the housing ladder is often discussed in the press. There are 4.43m properties in the UK that are still in the private rented sector (compared to 2.13m in 2002). This group of…
Lincoln property prices have increased by 16.5% over the last two years. Lincoln house prices have risen on the back of several things, including changes in how people see their homes and how they live and work (i.e., working from home), a lack of properties on the market and government…
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?…
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?…
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…