Lincoln Edition - July 2019

LINCOLN EDITION

Chronicle THE CHESTNUT

HOUSING AND LOCAL NEWS FOR THE COUNTY OF LINCOLNSHIRE

SUMMER 2019

RECRUITMENT DRIVE

ARMY CADETS DONATION

CHARITY CYCLE RIDE

INSIDE

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Lincolnshire property market is still on the up I t makes good financial sense to say ‘yes’ to buying a new home, because the UK's regional property market remains stable.

That’s the message from property portal Rightmove. House prices in the regions have been rising again in 2019, bucking the trend seen in other parts of the country, especially London and the south-east.

house prices in Lincolnshire. The regions setting new all-time price highs are the East Midlands, the North West, Wales and Yorkshire and the Humber. These regions are also outperforming the national average in the key metrics of number of properties coming to market and the level of sales agreed so far in 2019. "Busier than ever"

Chestnut Homes. “Even on recent evidence, house prices in Lincolnshire are rising, and it still makes good financial sense to be on the housing ladder here.” Lincolnshire-based mortgage expert Nicola Burrell, of Nicola Burrell Mortgage Solutions Ltd, said: “In my opinion the housing market in Lincolnshire is strong. “I am busier than ever with new mortgage applications and the amount of people wanting to buy their first home or move to a new property is ever growing. “The mortgage market has not changed dramatically even with Brexit negotiations still underway. Help to Buy applications are still available, making it a brilliant time to buy a new home.” Source: Rightmove House Price Index June 2019

In 2018, house prices were four per cent up on the previous year, says Rightmove, and 10 per cent up on 2016. A buoyant 2019 continues the upward trend in

“It seems all the experts broadly agree” said David Newton, Managing Director of Lincolnshire-based

Lincolnshire housebuilder supports walk to school campaign Chestnut Homes has donated 30 high- visibility vests to a primary school in Lincoln to help encourage more pupils to walk to school. keen to promote the health and environmental benefits of walking to our pupils and taking part in National Walk to School Week is a great way of doing this. “We are extremely grateful to Chestnut Homes

The developer, which is building at the LN6 development off Westbrooke Road, made the donation to Sir Francis Hill Community Primary School, which took part in National Walk to School Week. The annual campaign was established by the charity Living Streets to inspire children to lead more healthy lifestyles and to help reduce congestion and pollution. It is hoped Chestnut Homes’ donation will encourage parents to leave their cars at home and walk their children to school instead. Gareth Nichols, Headteacher at Sir Francis Hill Community Primary School, said: “We are always

for their kind donation of high-visibility vests, which will help to keep pupils safe on the walk to school and will also come in handy for future school trips.” David Newton, Managing Director of Chestnut Homes, said: “As a Lincolnshire housebuilder we were proud to support Sir Francis Hill Community Primary School’s involvement in National Walk to School Week. “We appreciate that it is not always possible for parents to walk their children to school, but we hope that our donation will encourage pupils to recognise the many benefits of walking and leading a more active lifestyle.”

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