The latest market snapshot produced by PropTech firm Goodlord suggests that even in the south west of England - where renters are at their oldest - the typical tenant is aged only 35.
The youngest renters can be found in the north west of England, with an average age of 32 years.
The market snapshot also looks at rents: average prices increased in half of the regions in January, although there was an overall drop in the average UK rental cost.
It was positive news for rental prices in Greater London, the north east, north west, and south east, where prices either held steady or saw a modest increase during January. The north west saw the biggest shift, with average prices rising by five per cent.
However, it was a different picture in the East Midlands, West Midlands, the south west and Wales, where the average cost of rent was down compared to December.
Overall, the UK average rental cost dropped from £902 to £874, demonstrating a sluggish start to the year for the market.
It was also a mixed picture for void periods; the average held steady compared to December, but four regions saw an increase in void periods.
Across the UK, the average rate of voidage held steady at 20 days - the same rate as December.
The latest rental index from Goodlord shows rents down over the...
The rental market appears not to have slowed down this winter...
The latest rental index from PropTech platform Goodlord shows voids inching...
It’s been yet another strong month for the rental market as...
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