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Twice The Number Of People Choose To Rent Than Own Their Own Home..

Twice The Number Of People Choose To Rent Than Own Their Own Home..

Landlords why sell... when you can rent your property? With the rental market blooming, many homeowners have now become first time landlords. Martin & Co Colchester offer free no obligation market appraisals, as well as professional advice on how to achieve the best results in your investment.

 

Recently published by insurance provider Endsleigh – ‘twice the number of people in the UK are renting (45%) in comparison to owning their own home (23%)’.

 

According to the new research ‘despite the majority of renters (92%) ranging between 16 and 50 years old, and having different needs and wants from their property, all ages said they liked the flexibility of renting because there is more freedom to move between areas and into different types of accommodation. Over half (62%) of renters surveyed are living in a property that is in a totally different location to their previous accommodation. With a greater amount of properties now available to rent due to property prices being lower than before, many believe they can also get more for their money by renting’.

Endsleigh research also shows that ‘unfurnished properties take preference over furnished homes – giving tenants the opportunity to add their own personal touch through furnishing their accommodation’. 

 

Taking everything into consideration including the recession and the current property sector, more people turning to rental properties are eager to secure a long term let with minimum complications possible.

 

Landlords – Contact Martin & Co TODAY and let us help YOU!..