Benefits of allowing pets continues to be championed
Independent mortgage monitor Moneyfacts is lauding the notion that landlords could achieve better results if they allow pets, while admitting there are also some disadvantages.
Landlords may have to take out additional insurance, although it says they can mitigate this by pet-proofing the home, such as removing rugs and expensive furniture from the property.
Tenants will pay extra for furnished properties, says survey
A recent survey by Manor Interiors has revealed over a quarter of private rental tenants in the UK – some 26 per cent - would be more likely to view an already-furnished rental property.
Not only that, the responses to the survey also showed that another 26 per cent were more likely to choose a rental property that was furnished over one that wasn’t.
Number of women becoming landlords surge
Yieldit – a company that sells tenanted buy-to-let property — has revealed in a recent survey of 500 private landlords in the UK that female landlords now attributed to some 49 per cent.
It’s a 9 per cent increase from 2018’s stats, and shows women have closed the gap on their male counterparts.
Average monthly rent edges towards £1k barrier
According to recent figures from the HomeLet market index, the UK’s average rent prices have a record high of some £996 per month – the fifth consecutive rise.
Even if the highly-competitive London market is taken out of the equation, the average rent in this country still comes in at £853, meaning a UK average of £1000 is not far away.
Medium-term rents gain popularity post Covid
The Coronavirus pandemic appears to have resulted in led to a heightened desire for medium-term rentals in the UK, according to Homelike, an online corporate rental firm.
The figures make fascinating reading, with 50 per cent of all bookings for stays of over 30 days now booked digitally, while UK rentals make up some 60 percent 60 per cent of this.