Con­tin­u­ing rent rises pre­dicted

Yorkshire Post - Property - - PROPERTY -

LAND­LORD As­sist, the na­tion­wide land­lord ser­vices firm, be­lieves that ren­tal prices will con­tinue to in­crease in 2013 even though rents have risen at their low­est rate over the past five months.

A spokesman said: “We feel sure that the up­ward pres­sure on rents will con­tinue for the fore­see­able fu­ture.

“There is clearly still a huge short­age in the quan­tity of ac­com­mo­da­tion and with first time buy­ers not tak­ing the plunge un­til they are well into their 30s there is a huge and grow­ing de­mand for ren­tal ac­com­mo­da­tion.

“We feel that it is quite pos­si­ble that the av­er­age rent lev­els could reach £800 per month within 18 – 24 months.”

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