Ru­ral mar­ket will stay steady

Yorkshire Post - Property - - PROPERTY -

De­spite some gloomy fore­casts in the na­tional prop­erty mar­ket, the sit­u­a­tion in North York­shire re­mains steady, says Tim Brown who heads the Bedale of­fice of ru­ral prop­erty spe­cial­ist Ge­orge F. White.

He adds: “As we move into the au­tumn, usu­ally a fairly ac­tive pe­riod for sales, early in­di­ca­tions are that in the face of loom­ing cuts in pub­lic sec­tor spend­ing and fears of an­other dip in the econ­omy, the prop­erty mar­ket will re­main steady rather than rise. In ad­di­tion, mort­gage len­ders are re­main­ing very care­ful. The bot­tom line is that prop­erty prices are still very high, even af­ter fac­tor­ing in a re­spectable correction over the last two years.”

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