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 ‘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

"nothing written"

- Nadeeka Edirisinghalage

"Abbey was very nice and explanatory in all she was saying and Gill is quick to respond"

- Tope

"I had a viewing with Abbey, so lovely and friendly"

- Amy

"I was shown around a property by Abbey Bird, it was a lovely viewing"

- Sophia

"A great company and great experience."

- Andrew

"Keep it up the good work. I thank you very much"

- Richard

"As a tenant, this might be the best agency I've worked with so far."

- Jeddy

"Would highly recommend Peter Anthony when selling your property."

- Gwen