Levenshulme and Burnage Property News
Reasons for renting
According to The Property Academy Renter Survey 2023, over a third of renters rent because they don’t have the deposit to buy a home.
However not everyone wants to buy. A substantial 27% of renters were renting out of choice over necessity, with 37% of renters planning to continue renting for 2 years or more.
Perks of renting include the flexibility (6%), the ability to have a higher standard of living and access to amenities (2%) and to work remotely (2%).
In the over 65s age group, home maintenance being taken care of is a big draw, with 6% citing this as their main reason for renting. Source: #Dataloft, Property Academy Renter Survey 2023
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This Blog looks at what is happening in Manchester, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area.
Tom Simper - Editor
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