Liverpool Property News
How far do tenants move?
Dataloft Rental Market Analytics allows us to understand the movement of tenants. Pre-pandemic a quarter of tenants moved less than 1 mile and 5% moved from overseas, will the patterns change?
In the UK 25% of tenants move less than 1 mile, the North East has the highest proportion of local tenants, 32%. In the UK 24% of tenants move over 25 miles, the North West is the most footloose region, 32%.
In the UK 5% of tenants move from overseas compared to 9% in London. Covid-19 could cause a short-term drop in overseas renters.
Post-pandemic we may see a shift in renters movement; 58% of agents believe properties in urban areas will be less enticing and 74% believe there will be a shift in demand for properties close to green space (Source: Dataloft Rental Market Analytics, Royal Institution of Chartered Surveyors).
Leave a comment
About The Blog
This Blog looks at what is happening in Liverpool, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area.
Gill Bell - Editor
T: 0161 707 4745
E: [email protected]