Rents On the Up

Summary


IMPROVEMENTS in the property sales market is helping push up prices in the rental sector, a Teesside estate agent has said.

Anne Priestley, residential lettings manager at Manners and Harrison, said last year there was a glut of rental properties on the market as people who were struggling to sell their homes decided to rent them out, while waiting for the market to improve. This additional supply resulted in a decline in overall rental levels.

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Extract


Rents On the Up

However, with the market recovering and finance becoming mo...

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