How have tenant demands changed since lockdown

According to The Property Academy Tenant Survey 2020, priorities have changed for quarter of tenants following the pandemic.

The Survey, based on 14,000 tenants, found that over two thirds of tenants said their priorities are now much more important than they were pre-lockdown.

Three of the most popular factors tenants now want when renting a home are:

AFFORDABILITY

With lockdown causing people unable to work, 68% of tenants want properties that are affordable. People are willing to pay a higher deposit or higher rent if pets were allowed. This is something for landlord to consider, by allowing pets you can open up your property to a range of audiences.

GARDEN

Being locked down in your home, it is no surprise that 67% of people are now wanting a garden to do their 20 minutes exercise.

GREAT BROADBAND SPEED

With the government encouraging working from home, it is also no surprise that 63% of tenants said broadband speed was more important and 61% said space to work from home was more important.

Landlords should consider renters priorities, for example; assisting access to fast broadband, providing office furniture, and assessing rental values could help keep tenants happy.

With tenant demand at an exceptionally high level, property remains a good investment!

If you fancy a chat with one of the team about making your first investment or adding to your portfolio simply call 01970 636 010, or alternatively you can get us on email lettings@alexanders-online.co.uk.

Take care,

The Alexanders Team.

Get in touch with us

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as products and services. (You will always be given the right to unsubscribe at any point in the future)

Confirm

Are You Ready to Sell in the Next 3 Months? Here’s How to Win

Thinking of putting your home on the market soon? If you’re aiming to list within the next 90 days, this guide is for you. Here’s how to sharpen your strategy so you don’t just sell — you get the sale you want.

CLICK HERE >

Thinking of Selling in the Next 3–6 Months? Here’s What You Need to Know

If you’re planning to put your home on the market in the next few months, a little preparation now can make a big difference when it comes time to sell. From presentation tips to paperwork, here’s our guide to getting ahead of the game.

CLICK HERE >

What Every Home Buyer Should Know Before Making a Move

Buying a home is one of life’s biggest decisions. Whether it’s your first purchase or your fifth, the process can feel daunting, with plenty of pitfalls to avoid. From mortgages and surveys to legal paperwork and negotiations, there’s a lot to take on board. By arming yourself with the right information and working with a knowledgeable local estate agent, you’ll be better placed to make smart decisions and find the home that truly fits your needs.

CLICK HERE >

5 Things to Check Before Buying a Home in Ceredigion

Buying a home is one of the biggest decisions you’ll ever make — and if you’re house-hunting here in beautiful Ceredigion, you’ll want to make sure it’s the right choice for you. From coastal cottages to countryside retreats, every property in our area has its own charm — but also its own things to look out for.

CLICK HERE >