Properties for rent are in particularly high demand as we come to the end of 2019, with the shortfall in available housing triggering a continual increase in rental asking prices.
The Royal Institute for Charted Surveyors suspect that the growth in asking rents will continue into next year, with the south of England seeing a staggering 3.5% rise and steady national average increase of 1.3% backing up their claim.
Throughout 2019 there has been a steady increase in first time buyers jumping onto the property ladder. Aberdeen buyers have benefitted the most, with some first-time buyers managing a real steal to purchase a house at a lower price than in 2013. However, the majority of Britain has seen first-time buyer prices retain an average cost which remains similar to the main market. The fair price has supported the first-time buyer market in having a fair shot at beginning their property journey. However, there are other aspects of the housing market that have also worked in favor of new buyers which are detailed below.
The year to come-
The Island is renowned for its luscious beaches and its superb scenery all year round, however as the cold winter days approach us, businesses hibernate and excitement fades, but our idyllic little island never dulls despite the month or season we endure, for there are many events to come!
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