Tenant Trends: Renters are looking further afield & flexing budgets to secure a home

News

'We’re seeing that a greater proportion of prospective buyers are looking for a home in the city they live in, but it’s the opposite trend for renters,' says Rightmove.

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Feature

"There is less emphasis being placed on the home itself and more on what the local area can provide," says JLL after surveying private renters across London and the UK.
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'Transport improvements in London have opened up new areas for workers in Central London to live, leading to a shift in buyer and renter behaviour,' says Foxtons' lettings chief.
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'Almost overnight, the market tilted away from investors,' says Hamptons, 'meaning far fewer homes have been added to the rented sector' in the last decade.