Sales and rental de­mand in­creases

Yorkshire Post - Property - - PROPERTY -

YORK­SHIRE is one of the best ar­eas in the UK to rent and to let, ac­cord­ing to agents Dacre, Son and Hart­ley.

The aver­age rental price in York­shire in­creased to £626 per cal­en­dar month in the fourth quar­ter of 2013. De­spite the in­crease of £36 over the pre­vi­ous quar­ter, the re­gion is still the best value place to rent in the UK.

Patrick McCutcheon, of Dacre, Son and Hart­ley, says: “Our data shows that the rental mar­ket through­out the re­gion is ex­pe­ri­enc­ing a huge amount of de­mand from ten­ants look­ing for high qual­ity homes in good lo­ca­tions and a short­age of sup­ply is con­tin­u­ing to push rental val­ues up­wards. This pos­i­tiv­ity is mir­rored in the sales mar­ket where de­mand is steadily in­creas­ing.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.