The English Housing Survey shows that the average length of time a private sector tenant had lived in their current home was up from 3.9 years in 2016/17 to 4.1 years in 2017/18.
In addition, the proportion of income spent on private rents was 32.9 per cent in 2017-18, down from 34.3 per cent in the previous year, and from 36.4 percent in 2014/15.
Meanwhile a parallel publication, the Government’s new Private Landlord Survey for 2018, reports that 70 per cent of landlords kept their rents the same when they most recently renewed a tenancy showing that landlords prioritise keeping good tenants for a long term.
Evidence of improved standards for tenants come from the English Housing Survey showing that the proportion of private rented homes with the most serious hazards in them has fallen considerably £0in the last decade. £0
In 2017, 14 per cent of rented homes had a Category 1 hazard, down from 31 per cent in 2008.
We at Kingswood Residential are seeing tenants rent longer, which is down to a combination of all these factors; a competetive rental market, increasing rents and generally a better standard of rented properties. £0
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