HomeLet, the UK’s leading provider of tenant referencing and specialist insurance to the lettings industry, has launched its own Rental Price Index.
It is the most detailed report on the sector to date and reveals information never seen before, including tenant age, demographics and actual rental prices in each UK region.
The first report shows the average age of tenants has increased every year since 2008This is because first time buyers are staying on the rental market as they are unable to purchase their own home. Coupled with a decrease in the percentage of younger tenants who are forced to stay at home due to the turbulent economy, means the age of the average UK tenant has slowly gone up.
1 comment:
Where can you find the data in the report?
Post a Comment