Contrary to a number of trends identified by lettings organisations and surveys of tenants, an insurance firm is claiming that longer-term tenancies are now less popular than they have been in the recent past.
In the latest of a series of six-monthly surveys conducted by Cover4LetProperty, the findings suggest that:
- 48 per cent of renters have lived in two or three rented properties in the last five years (up from 35 per cent just six months ago);
- 47 per cent of renters have stayed for five or more years in the same property (down from 59 per cent six months ago);
- just five per cent have lived in four or more properties in the last five years;
- 26 per cent plan to buy their own home within the next six months (up 11 per cent in the last six months) while 35 per cent hope to buy in a few years’ time;
When asked what made them leave a rented property, some 23 per cent cited rent rises while 12 per cent blamed problems with their landlords.
Data gathered for a specialist insurance firm suggests that 14 per...
A new survey by a property insurance firm suggests more than...
A new study has revealed that the key reason tenants move...
A survey suggests that the ability to have a pet in...
The predictions game can be tricky. Sometimes you just don’t know...
Leading UK property auctioneer Bond Wolfe has broken through the £100...
Uncertainty triggered by the new Labour Government and taxation concerns that...
B-hive Block Management Partners Celebrates Major Milestone With Over 100 Businesses...
We’re absolutely delighted to announce that, after 10 years, we’re able...
You don’t have to simply accept things as they are when...
%20-%20IMAGE%20Client%20Accounting%20%E2%80%93%20what%20are%20your%20options.jpg)
The benefits for letting agents to outsource their client accounting is...
Who are you and what does it say on...
Who are you and what does it say on...
Who are you and what does it say on...
Join the conversation
Be the first to comment (please use the comment box below)
Please login to comment