Lo­cal mar­ket

Arabella Youens

Country Life Every Week - - Property: City Living -

The bright lights and busy streets of our cap­i­tal city can only keep a York­shire­man di­verted for so long, it would ap­pear, be­fore he’s drawn back to his roots—or so the sales fig­ures from Strutt & Parker’s Har­ro­gate of­fice would in­di­cate. ‘Between 30% and 35% of our town-cen­tre sales are to buy­ers mov­ing back up from Lon­don,’ ex­plains James Wort. ‘We’ve seen a good num­ber of hedge-fund man­agers and pro­fes­sion­als from the bank­ing sec­tor who feel that they don’t need to be in Lon­don full-time any­more. They will per­haps do four days a week there and move the fam­ily up here.’

He adds: ‘Since the Brexit vote, we’ve no­ticed an in­crease in num­bers com­ing North. The af­ford­abil­ity of Har­ro­gate, York and Leeds is at­trac­tive: you can buy two or three houses for the price of one Lon­don house and get a bet­ter qual­ity of life for your fam­ily.’

Tony Wright of Carter Jonas’s lo­cal of­fice is up­beat about the mar­ket in Har­ro­gate. ‘It’s like bees to a hon­ey­pot at the mo­ment. Whether they’re re­lo­cat­ing or down­siz­ing from a large coun­try house to the town cen­tre, there is pent-up de­mand for houses.’

He puts this down to the cos­mopoli­tan style of the town, which has vis­i­bly im­proved over the past few years, with more of a cafe cul­ture, good pubs and restau­rants and an in­ter­est­ing mix of in­de­pen­dent shops. ‘Plus you’ve got 200 acres of The Stray, which sur­rounds the old town, and some of the finest parts of the coun­try­side on the doorstep. It’s a re­ally lovely place to live.’

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