1 in 4 Lincoln Homeowners Unable to Sell
You would have needed to have been living in a cave since the end of Lockdown No.1, not to realise the property market has been on fire in Lincoln (and the UK as a whole) for the last 18/20 months. It has been very much a seller’s market, especially in 2021. Yet as we enter the second quarter of 2022,…
How Will Rising Inflation Affect the Lincoln Property Market in 2022?
The UK is currently experiencing its highest inflation rate since the early 1990s. This increase in prices has primally come about by the combination of an increase in demand for goods and services from consumers following lockdown last year together with global supply chain disruptions. Most economists weren’t too concerned about this increase in the inflation rate as the very…
1 in 17 homes are sitting empty in the Lincoln Area.
• 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 Lincoln? A couple of weeks ago was National Empty…
Lincoln Household Heating Bills Set to Rise to £66,885,718 in 2022
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 can Lincoln residents do to reduce their energy consumption and…