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While the wider property market has been affected by rising mortgage rates, booming Boroughbridge is at the heart of the buoyant property market in North Yorkshire. Demand for £1million properties continues to be strong with Boroughbridge’s revamped High Street a clear indication of the continuing appeal for buyers wanting to move into the area.
Property expert Harriet Naish-Bain, Associate Director at GSC Grays, believes the success of the town is a reflection of the strong market for premium properties driven by buyers who have moved to Boroughbridge and the surrounding villages during and after the lockdown.
Harriet Naish-Bain, who has 27 years of experience selling properties in the area, explained: “There was an influx of buyers from out of the area looking for properties of £1m or more during the lockdown and there was a limited supply. Post-lockdown, the property market is buoyant, particularly for those properties that may have some land.
“I have grown up in the Boroughbridge area and the demographic has changed completely just like the High Street. People come to Boroughbridge to do their shopping from the surrounding villages, and it is very busy with visitors on a Saturday.”
At the heart of the demand are villages such as Bishop Monkton, Marton cum Grafton, Great and Little Ouseburn, Green Hammerton and Aldborough with Boroughbridge the natural focal point. Harriet believes the transformation of the High Street, where GSC Grays have their office, has been a crucial factor in making the area attractive for buyers.
She said: “We chose our High Street office to put GSC Grays at the heart of the transformation of the town and like Boroughbridge, we are committed to change and embracing a new way of doing business backed by extensive knowledge and local expertise. We offer a bespoke and approachable service across the market – from first time buyers to those who haven’t moved for 50 years.
“There has been a real High Street revival and another attraction for buyers in this area is the location including easy access to the A1 and the East coast mainline train service with trains to London and Edinburgh taking less than two hours from York.”