De­mand soars for city cen­tre lets

Yorkshire Post - Property - - PROPERTY -

LEEDS city liv­ing spe­cial­ists Mor­gans has re­ported a a 20 per cent in­crease in the num­ber of lets agreed in Au­gust com­pared to the pre­vi­ous month.

This also rep­re­sents a 20 per cent in­crease on the same pe­riod last year.

Jonathan Mor­gan, man­ag­ing di­rec­tor of Mor­gans, says: “In the 14 years we have been trad­ing we have never had such a busy month. Our oc­cu­pancy fig­ures for the apart­ments we man­age is also at an all time high of 99.5 per cent which shows there is an un­prece­dented amount of de­mand out there from tenants for prop­er­ties lo­cated in the city core.”

The National House­build­ing Fed­er­a­tion say that home on­er­ship could fall from 67 per cent to 63.8 per cent over the next decade.

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