LETTING & ESTATE AGENT

Following the government’s update on 13th May 2020 regarding home moving in England during the Covid-19 outbreak, we are pleased to announce our branches in England will start re-opening their doors for booked appointments over the coming weeks. Health and safety remains our main priority, and a number of strict measures will be put in place to protect our staff and customers. Our offices in Scotland and Wales will continue to support customers from home. Visit our branch page to find contact details for your local office.

No sign of rents letting up in 2014

No sign of rents letting up in 2014

The rental market is to be largely unaffected by the increase in house purchasers in 2014. The help to buy scheme is helping to provide movement at the bottom of the market, but the rental market should remain strong.

Latest industry data showed an annual increase of 8% across the UK to a monthly average of £763. This is teamed with the 13% increase in new tenancies. For once though London is not setting the highest figures with an increase in rents of 3% to £1417 and new tenancies up 11%.

 

William Taylor of Martin & Co Huddersfield (Huddersfield Letting Agent, Huddersfield Estate Agent & Huddersfield Property Management) provided the following comment “Huddersfield will always have a strong rental market, the salaries of the younger employees in the town mean that saving even a 5% deposit is difficult. There will always be a need for rental homes, but we are seeing varying degrees of our tenants with a number now being retired, full families or groups of friends looking to live together.”

 

Author: Will Taylor