Tenant sentiment remains high according to latest
The latest research and data from BTL specialists, Landbay, has revealed that as many as 75% of all UK tenants are happy to rent, and a third of those are happy to rent forever.
According to the study of over 2,000 private renters in the UK, men are more likely to be happy renting forever, (36% vs 31% for women), while for those in the 55+ bracket, nearly two thirds (64%) are also happy to remain tenants, versus less than a third of 35-54-year olds, who are more likely to want to own a home. Londoners also hanker more than most to own their own home with just 17% happy to stay renting, compared to 46% of Welsh tenants.
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Of those who aim to buy a property, the average length of time tenants are prepared to wait is 4.1 years, with men content to wait 4.6 years and women 3.8 years.
Three quarters (75%) of tenants are happy renting, with 12% saying ‘they couldn’t be happier’ and 30% ‘very happy’. Just 15% are not happy, with the remaining 43% ‘reasonably happy’.
As for the motivations behind renting, the top three reasons are:
- I don’t want to/can’t make the financial commitment of buying a home – 46%
- I have fewer responsibilities than an owner (i.e. my landlord is responsible for most issues) – 40%
- I like the flexibility of renting – 33%
John Goodall, CEO, Landbay comments: “Renting affords significantly greater flexibility than home ownership and, at a time when house price growth is uncertain, remains the best option for a significant number of people. It’s clear from this data that those who choose to rent are happy doing so, and indeed would like to continue doing so forever.”
- I often do this thing where list items have headings.For some reason I think this looks cool which is unfortunate because it’s pretty annoying to get the styles right.I often have two or three paragraphs in these list items, too, so the hard part is getting the spacing between the paragraphs, list item heading, and separate list items to all make sense. Pretty tough honestly, you could make a strong argument that you just shouldn’t write this way.
- Since this is a list, I need at least two items.I explained what I’m doing already in the previous list item, but a list wouldn’t be a list if it only had one item, and we really want this to look realistic. That’s why I’ve added this second list item so I actually have something to look at when writing the styles.
- It’s not a bad idea to add a third item either.I think it probably would’ve been fine to just use two items but three is definitely not worse, and since I seem to be having no trouble making up arbitrary things to type, I might as well include it.
Nested lists basically always look bad which is why editors like Medium don’t even let you do it, but I guess since some of you goofballs are going to do it we have to carry the burden of at least making it work.
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Lorem ipsum dolor sit amet consectetur, adipisicing elit. Excepturi reiciendis recusandae ut voluptatum suscipit adipisci quas veniam magnam. At officia sapiente, neque, magnam ea sed sit ipsum non alias rerum doloribus sint debitis et, iure distinctio nihil aliquam? Quaerat illum at culpa? Nostrum nesciunt cupiditate ab repellat quibusdam.
- Nested lists are rarely a good idea.
- You might feel like you are being really “organized” or something but you are just creating a gross shape on the screen that is hard to read.
- Nested navigation in UIs is a bad idea too, keep things as flat as possible.
- Nesting tons of folders in your source code is also not helpful.
- Since we need to have more items, here’s another one.
- I’m not sure if we’ll bother styling more than two levels deep.
- Two is already too much, three is guaranteed to be a bad idea.
- If you nest four levels deep you belong in prison.
- Two items isn’t really a list, three is good though.
- Again please don’t nest lists if you want people to actually read your content.
- Nobody wants to look at this.
- I’m upset that we even have to bother styling this.
Lorem ipsum dolor sit amet consectetur adipisicing elit. Soluta reiciendis distinctio repellendus. Debitis facere, a distinctio accusamus temporibus voluptate doloribus saepe officiis qui quasi magnam ipsum, reprehenderit dolorem vitae maiores ab. Consequatur, et necessitatibus.
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Lorem ipsum dolor sit amet consectetur, adipisicing elit. Excepturi reiciendis recusandae ut voluptatum suscipit adipisci quas veniam magnam. At officia sapiente, neque, magnam ea sed sit ipsum non alias rerum doloribus sint debitis et, iure distinctio nihil aliquam? Quaerat illum at culpa? Nostrum nesciunt cupiditate ab repellat quibusdam.
The financial hurdle of home ownership is for many too great a stretch and frankly they don’t want to make the commitment. The reality is owning a home isn’t the right choice for many, which is why the private rental sector needs to be supported properly if we are to house this growing portion of private sector tenants.”
Three quarters (75%) of tenants are happy renting, with 12% saying ‘they couldn’t be happier’ and 30% ‘very happy’. Just 15% are not happy, with the remaining 43% ‘reasonably happy’.
John Duatrall, 1986
John Goodall, CEO, Landbay comments: “Renting affords significantly greater flexibility than home ownership and, at a time when house price growth is uncertain, remains the best option for a significant number of people. It’s clear from this data that those who choose to rent are happy doing so, and indeed would like to continue doing so forever.”
The financial hurdle of home ownership is for many too great a stretch and frankly they don’t want to make the commitment. The reality is owning a home isn’t the right choice for many, which is why the private rental sector needs to be supported properly if we are to house this growing portion of private sector tenants.”
- Victorian Conversion
- Generous Reception Room
- Close to Local Shops
- Top Floor, One bedroom
- Separate Kitchen
- Excellent Transport Links
Lorem ipsum dolor sit amet consectetur adipisicing elit. Soluta reiciendis distinctio repellendus. Debitis facere, a distinctio accusamus temporibus voluptate doloribus saepe officiis qui quasi magnam ipsum, reprehenderit dolorem vitae maiores ab. Consequatur, et necessitatibus.
Lorem ipsum dolor sit amet consectetur, adipisicing elit. Excepturi reiciendis recusandae ut voluptatum suscipit adipisci quas veniam magnam. At officia sapiente, neque, magnam ea sed sit ipsum non alias rerum doloribus sint debitis et, iure distinctio nihil aliquam? Quaerat illum at culpa? Nostrum nesciunt cupiditate ab repellat quibusdam.
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