A document believed to be the oldest in Greater Manchester has been revealed - part of a fascinating archive collection now saved for future generations.
29.12.2023 - 21:09 / manchestereveningnews.co.uk
The busiest rental markets in 2023 have been revealed - with six areas in Greater Manchester featuring on the list as being in high demand. The UK's biggest property site Rightmove has compiled a list of the most popular places to rent in the UK over the last year, based on the amount of enquiries made per rented home available.
Rightmove's study has revealed that Wrexham is this year’s busiest rental location, with each available rental home attracting an average of 56 enquiries from prospective tenants. This compares to just eight enquiries per property back in 2019, when Wrexham was in 55th position in the rankings.
The analysis by Rightmove was carried out across 360 local authorities in Great Britain, taking into account enquiries made by a prospective tenant either phoning or emailing a letting agent to request to view a property to rent. The number of tenants chasing every available property has increased significantly over the past few years due to the gap between and supply and demand.
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Though the gap between supply and demand is now improving across the country, tenant demand is still 42 percent higher than at this time in 2019, and the number of available rental properties is 28 percent lower. This indicates it will take more time for the balance between supply and demand to reach the more normal market levels of 2019.
Rightmove’s property expert Tim Bannister said: “The balance between supply and demand has been slowly improving this year, and while it will likely be a long time yet before we reach the more normal market levels of 2019, the early signs of
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