Blogs
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Rental Market Dynamics: A National & Regional Overview with a Focus on Lincoln
The UK rental market has once again demonstrated its resilience and dynamic nature. Recent figures state that the average advertised rent for newly listed properties in the UK last month was £1,787 per calendar month. The average for the UK excluding Greater London is £1,211 per calendar month (and Greater London…
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An in-depth analysis of where Lincoln people are moving.
The consensus among economists and the wider public is clear: the remarkable ascent of Lincoln’s property prices over the previous twelve years has reached its peak and is now starting to drift downwards. Major national publications splash headlines filled with pessimism about the UK housing market, citing issues such as…
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Ignoring the Doom Monger Headlines
Navigating the property landscape, particularly in a city like Lincoln, requires more than just a reactive approach to the daily newspaper and social media headlines. As homeowners and potential investors are continuously bombarded with alarming whispers of plummeting house prices, coupled with rising interest rates and the heartache of negative…
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Understanding Lincoln's Property Market: The Hidden Perils of Overpricing Your Home in Lincoln's Cooling Market
👂Audio Version – www.walters-move.me/Audio In an age of soundbites and sensationalism, the UK property market—particularly here in Lincoln—often finds itself misconstrued by general narratives. While we cannot ignore the challenges of increasing mortgage rates and shifting buyer preferences, it is vital to appreciate the broader context to understand what’s happening…
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The Changing Landscape of Lincoln’s Housing Market: Exploring the Ethical Dimensions of Buy-to-Let Investment
The city of Lincoln has witnessed a profound transformation in its housing landscape over the last few years and the surge in private renting has led to significant debates about the morality of the buy-to-let market. Let us look at the current statistics compared to 40 years ago to show…
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The Emergence of Accidental Lincoln Landlords in a Slowing Housing Market?
A Lincoln landlord remarked to me the other day that he felt that there were more ‘posher’ up-market properties coming up for rent in the last six months compared to a couple of years ago. I stated that this was the case, and it wasn’t all down to the recent…
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The Untold Story of Lincoln’s Terraced Houses
Call me old-fashioned and nostalgic, but I am fond of terraced houses. I’ve conducted some research that my fellow readers of the Lincoln Property Market Blog will find intriguing! Architecturally speaking, the terraced or townhouse has been prevalent in the UK since the late 1600s. It involves a row of…
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14 Reasons Not to Fear Lincoln House Price Drops
👂Audio Version – www.walters-move.me/Audio The Lincoln property market experienced a boom between the summer of 2020 and late summer of 2022, fuelled mainly by pandemic-induced trends such as the stamp duty stimulus, low mortgage rates, the race for space, and the rise of remote working. 2023 has presented a different story…
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As Lincoln rents smash past the £800 a month barrier, are Lincoln landlords profiteering?
The private rented sector for both Lincoln landlords and Lincoln tenants is facing immense challenges, with a shortage of available homes for rent putting renters under significant pressure. And you can see why when the average UK rent in 2021 was £1,381 and in 2023 it has been £1,706, an…
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The Rise of Bungalows in the Lincoln Property Market
During the pandemic, the property market experienced a surge in demand for larger Lincoln homes with spacious gardens. However, the tides are shifting, and a new trend is emerging. The combination of an ageing Lincoln population, the post-Covid trend for early retirement and economic uncertainty has sparked a newfound love…
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Why Does it Take 185 Days to Sell a Home in Lincoln?
The average time to sell a house in the UK from start to finish is 170 days, equivalent to 24.3 weeks or 5.6 months from the first day of marketing to legal completion, whilst in Lincoln it’s 185 days. The actual time can vary depending on market conditions, location, property…
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Unlocking the Secrets of the Lincoln Property Market Across Different Price Ranges
As a Lincoln estate agent, I have witnessed first-hand how the Lincoln property market operates and the various factors that influence property sales. One intriguing aspect is the difference in saleability across different price ranges. In this article, we will delve into the dynamics of selling properties in relation to…