Cumbria stays 'hot' as property market cools down in many rural areas

Cumbria stays 'hot' as property market cools down in many rural areas

Cumbria stays 'hot' as property market cools down in many rural areas

First published in News

CUMBRIA is performing better in the property market than many rural locations, according to new data from Smiths Gore.

The firm of rural property consultants says statistics show that this summer has been ‘disappointing’ for most of the UK’s countryside ‘property pockets’.

Prices are not rising as sharply as in recent years and buyers are playing the waiting game before committing to a property.

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The North-South divide still exists in real estate – but the London market is cooling while the Lake District National Park is still doing well.

A spokesman for Smiths Gore said: “There are still pockets within Cumbria and the Lake District National Park which are performing well and demonstrate a clear appetite to transact if all the factors are right.”

For further information, contact Stephen McOwan at Smiths Gore’s on 01228 635862.

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