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Wednesday, October 15, 2014

Forever tenants - give up on ownership

Aviva reckons that in their recent survey 35% of renters aged between 35 and 44 believe they will never be able to buy a property. This figure rises to 50% the 45 to 50 year old tenants.

The survey found that 41% of renters had lived in a rented home for more than five years.

What this tells me, is keep your tenants happy, and they might still be with you in decades to come. 

My record tenant has been with me since I started, he's paid me seventeen years of rent and saved me a fortune in re-letting.

You've gotta love him....

1 comment:

Anonymous said...

Cool , get him to stay for another 8 years and he has bought you the property !