Lincoln house prices rose by 1.4% last month, according to the Land Registry. This means the annual rate of house price growth in Lincoln has increased to 7.1%. Looking at the national figures, many people were concerned the UK property market was overheating as spring saw annual growth of 9.9%, the highest…
All the signs are that the Lincoln housing market is sat on good foundations, yet one key hazard could still scupper the market. ‘UK Property Prices Rising at Record Levels’ is the headline of many newspapers. In the last few weeks, the Halifax reported they had grown by 6.5% in…
As 1 in 6 Lincoln homes are selling within a fortnight of coming to market. One of the most astounding things that has happened in the last 12 months was something that did not happen. Even after the country saw the deepest recession since the Great Freeze of 1709 with…
Most people pay Stamp Duty Tax when they buy a property, house, apartment or other land and buildings over a particular price in the UK. The Chancellor, Rishi Sunak (quickly followed suit by the Welsh and Scottish Governments), announced last July that Stamp Duty was partially being suspended on all English property…
“In this article on the Lincoln property market, we review what has happened to Lincoln house prices and what is likely to happen in 2021″. Looking back at the Lincoln property market for 2020, it can certainly be seen as a frenetic game of two halves, albeit with an awfully…
Many Lincoln rental problems do not start with bad landlords or difficult tenants. In Lincoln, as in many cities across the country, they usually start with good intentions and silence. Silence about rent reviews. Silence about maintenance. Silence about what happens when life changes. Let me give you a scenario…
In early 2023, property forecasters predicted a significant UK housing downturn over the next two years, citing rising interest rates following Liz Truss’s departure. Halifax expected an 8% drop, Savills predicted a 10% drop, and Nomura Bank forecast up to a 15% drop. While these gloomy forecasts successfully grabbed headlines…
In 2025, 25.01% of agreed property sales in Lincoln did not complete, and this is more important than many homeowners think. In Lincoln, where sales chains are often longer and buyers are more sensitive to price, this has a bigger impact. Agreeing a sale has never meant a guarantee, since…