John Heron Quotes on Past (2 Quotes)

With good returns on their lettings businesses and strong levels of capital appreciation over the past year, landlords continue to benefit from good overall returns taking into account both rental income and capital appreciation. Overall returns have now reached 22, up from 21 last month and a low of 18 in April this year.

A number of factors contribute to the sustained demand for rented accommodation in Yorkshire. The burgeoning student population of Englands largest county, with major universities at Sheffield, Hull, Leeds and York, among others, underpin demand for rented properties. Many students, after graduation, remain in the county and as first jobbers look for shared accommodation with their friends in the major towns. An important demographic trend that has sustained the growth of the private rented sector over the past decade or so has been the tendency for young people to leave the family home at a fairly young age to go on to further education and not return. In addition, there has been a net influx of jobs in some parts of Yorkshire which has helped create a requirement for more rented homes.