Renters planning to stay longer
10th July 2023
The average length for an initial rental contract in Q2 2023 was 12.7 months, up from 10.5 during the same period in 2019. Renters are planning to stay for longer, in part due to low levels of stock and rising rents in the open market.
Renters are looking to remain in their properties for the longest amount of time in London, where competition between renters is extremely tight.
One of the most significant proposals in the Renters (Reform) Bill is the end of fixed term Assured Shorthold Tenancies (ASTs). Renter contracts are set to be open ended, allowing more flexibility for renters. Source: #Dataloft Rental Market Analytics. Data to end of Q2 2023
Families rent smaller homes
4th December 2023
Rising rents and the cost of living are impacting the choices that renters make when selecting their homes. An increased…
How long do we stay in our homes?
27th November 2023
People move more often than they expect to, one of the findings revealed in the recently-released Property Academy Home Moving…
Can rents go up indefinitely?
23rd November 2023
Affordability limits have hit critical points in various UK regions, signaling a diverse landscape in the rental market. While Scotland…
