Renting is a popular alternative to buying a property with a mortgage.

11 great properties available to rent in Lancaster

With property prices ever-rising against the average wage, renting is becoming increasingly popular.

Friday, 19th February 2021, 12:15 pm

Buying your own home is a big commitment.

Can you afford it or could you afford unexpected maintenance costs, such as replacing a broken boiler, or repairs to a leaking roof?

And what happens if you are living with your partner and the relationship ends? Deciding what to do with the home can be both messy and costly.

The average house price in Lancaster in December 2020, according to the latest UK house price index was £167,228, against an England average of £269,150. According to the Office for National Statistics, the median gross weekly wage for Wigan in April 2020 was £551, equivalent to an annual salary of £28,652 – the British average was £586 a week, or £30,472 a year.

It is no wonder renting remains popular – with gardens and space top of the wishlist for tenants.

Tom Parker, consumer spokesman with property website Zoopla, said: “With the majority of Brits working from home for the best part of a year, Covid has had an impact on the wish list of renters with gardens, natural light and space to work from home becoming more important than ever before.

“Lancaster currently has some spacious properties for rent and it’s possible to rent a house with multiple bedrooms and a garden for less than £600 per calendar month.”

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