Belfast rentals increases as mortgage lending falls
Mortgage lending has fallen again in the last month, making Belfast rentals more popular amongst those seeking property in Northern Ireland.
The figures released by the Council of Mortgage Lenders showed that 53,000 mortgages were approved in August. This compares with 56,000 in July.
The total value of mortgage lending was down by 36% compared to a year ago, and first-time buyers still have to find a large deposit if they want to purchase a property.
That is why Belfast rentals have grown in popularity. Searches can be quickly narrowed down by the appropriate lease length,property type, rent amount, number of bedrooms and other factors.
By working with a range of letting agents, consolidators can provide a comprehensive selection of Belfast rentals.
The city is famed for its mixture of Victorian, Edwardian and contemporary architecture. Many of the grand Victorian townhouses have been converted into flats, as Belfast is a popular place for students. Indeed, the university enjoys a well-earned reputation for excellence.
With the property market still in the doldrums, making it more difficult than ever to buy or sell, it is likely that the popularity of Belfast rentals will continue to grow.
Belfast rentals - http://www.citylets.co.uk/belfast-property/
The figures released by the Council of Mortgage Lenders showed that 53,000 mortgages were approved in August. This compares with 56,000 in July.
The total value of mortgage lending was down by 36% compared to a year ago, and first-time buyers still have to find a large deposit if they want to purchase a property.
That is why Belfast rentals have grown in popularity. Searches can be quickly narrowed down by the appropriate lease length,property type, rent amount, number of bedrooms and other factors.
By working with a range of letting agents, consolidators can provide a comprehensive selection of Belfast rentals.
The city is famed for its mixture of Victorian, Edwardian and contemporary architecture. Many of the grand Victorian townhouses have been converted into flats, as Belfast is a popular place for students. Indeed, the university enjoys a well-earned reputation for excellence.
With the property market still in the doldrums, making it more difficult than ever to buy or sell, it is likely that the popularity of Belfast rentals will continue to grow.
Belfast rentals - http://www.citylets.co.uk/belfast-property/
