Blog Post

Rise in length of tenancies

TomS - Head Tom Simper Jun 11, 2022, 09:30 AM
276_Dataloft_Average_tenancy_rises-01

Findings from a landlord survey by Rightmove indicate a change in renter behaviour against a backdrop of record rents and rising household bills.

Findings from a landlord survey by Rightmove indicate a change in renter behaviour against a backdrop of record rents and rising household bills. Over the last year, 20% of landlords reported a rise in their average length of tenancy, with the most common average tenancy period being over two years (63%).

Many landlords have recognised the challenges of rising household bills for renters, with the majority (63%) choosing not to put up rents. This is despite there being triple the number of enquiries than available properties.

Analysis of 20,000 build-to-rent listings revealed that the feature which has seen the largest increase in renter demand is to have β€˜all bills included', at +36%. Source: Dataloft, Rightmove (survey of 1,300 landlords)

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"I would highly recommend Peter Anthony to anyone looking to purchase a property."

- William

"I have no hesitation to recommend Peter Anthony."

- Joe

"Thank you so much I’ve now got a dream home"

- Lee & Morgan

"Everything went as smoothly as we could have hoped for."

- Pearl & Luke

"I would highly recommend to both tenants and landlords."

- Accordioni

"Best agency I have ever dealt with."

- David

"You have certianly made my time with you hassle free"

- Ria

"They help you a lot and always in contact when you need them"

- Denniss