rare!

95 High Street, Gosforth, Newcastle, NE3 4AA

0191 223 3500

Open 10am - 3pm

Mon - Thur 9am - 6pm

Fri 9am - 5.30pm

Saturday 9am - 4pm

Sunday 10am - 3pm

Gosforth

95 High Street, Gosforth, Newcastle, NE3 4AA

0191 213 0033

Open 10am - 3pm

Mon - Thur 9am - 6pm

Fri 9am - 5.30pm

Saturday 9am - 4pm

Sunday 10am - 3pm

Lettings

95 High Street, Gosforth, Newcastle, NE3 4AA

0191 223 3510

Open Closed

Mon - Thur 9am - 6pm

Fri 9am - 5.30pm

Saturday 9am - 4pm

Sunday Closed

Ponteland

Coates Institute, Main Street, Ponteland, NE20 9NH

01661 823951

Open Closed

Mon - Thur 9am - 5.30pm

Fri 9am - 5.30pm

Saturday 10am - 3pm

Sunday Closed

Alnwick

35 Bondgate Without, Alnwick, NE66 1PR

01665 600 170

Open Closed

Mon - Thur 9am - 5.30pm

Fri 9am - 5.30pm

Saturday 9am - 3pm

Sunday Closed

Mayfair

Cashel House, 15 Thayer Street, London, W1U 3JT

0870 112 7099

Open Closed

Mon - Thur 9.30 – 5.30

Fri 9.30 – 5.30

Saturday Closed

Sunday Closed

News | 4th March 2021

Healthy Demand for Rentals

Now is the time to take advantage of renting out your property, with rents at their highest levels in many years and demand for accommodation still healthy along with the added protection that insurance providers offer to protect your rent and investment.

• Rents across the UK rise to an average of £840 showing an increase of 6.2% on last year from £791 (excluding London)
• North East average rent currently stands at £542 showing an increase of 4.8% on last year of £517
• Greater London average rent has decreased 4.8% from an average rent of £1650 to £1572 year on
• Almost 1 in 5 people living in the rented sector
• The average annual rental cost is now £11,808 per year for the 4.44m households who rent in the UK : this represents over £52bn per year in rental payments.
• Average rents across Sanderson Young portfolio have risen by 16% year on with an average rent of £1244 surpassing the UK national average
• Landlords uptake of rent protection has also increased with greater protection from our partners Letalliance with double the legal cover up to £100k
• Missed rent payments covered up to 15 months (to a maximum of £50,000) whichever comes first
• 75% of rent paid for up to 3 months after vacant possession from April 2021

Contact us today on gail.mclean@sandersonyoung.co.uk or telephone 0191 2233 510

Back to News

rare!

95 High Street, Gosforth, Newcastle, NE3 4AA

0191 223 3500

Open 10am - 3pm

Mon - Thur 9am - 6pm

Fri 9am - 5.30pm

Saturday 9am - 4pm

Sunday 10am - 3pm

Gosforth

95 High Street, Gosforth, Newcastle, NE3 4AA

0191 213 0033

Open 10am - 3pm

Mon - Thur 9am - 6pm

Fri 9am - 5.30pm

Saturday 9am - 4pm

Sunday 10am - 3pm

Lettings

95 High Street, Gosforth, Newcastle, NE3 4AA

0191 223 3510

Open Closed

Mon - Thur 9am - 6pm

Fri 9am - 5.30pm

Saturday 9am - 4pm

Sunday Closed

Ponteland

Coates Institute, Main Street, Ponteland, NE20 9NH

01661 823951

Open Closed

Mon - Thur 9am - 5.30pm

Fri 9am - 5.30pm

Saturday 10am - 3pm

Sunday Closed

Alnwick

35 Bondgate Without, Alnwick, NE66 1PR

01665 600 170

Open Closed

Mon - Thur 9am - 5.30pm

Fri 9am - 5.30pm

Saturday 9am - 3pm

Sunday Closed

Mayfair

Cashel House, 15 Thayer Street, London, W1U 3JT

0870 112 7099

Open Closed

Mon - Thur 9.30 – 5.30

Fri 9.30 – 5.30

Saturday Closed

Sunday Closed

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