A property’s energy efficiency more important to tenants, survey says
Latest research highlights that some 80 per cent of would-be tenants have energy efficiency high on their agenda when it comes to choosing a property to live in.
The survey, undertaken by Direct Line business insurance identifies that a quarter wouldn’t rent it in the first place or would leave because of poor environmental standards.
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.