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Monday, February 13, 2012

Tenants young & beautiful!

Most tenants are still young and beautiful according to the latest stats produced by Countrywide.

Their findings reveal that cohabiting couples under the age of 35 continue to make up the largest proportion of new tenants looking to rent (at 23.4% in Q4 2011). Most of my tenants are in this category although I do have one or two now that are older.

The figures reveal that their are a growing number of families that are entering the private rental market. I suspect this is a result of increasing numbers that are unable to raise sufficient mortgage finance to buy. This emerging trend which was found to be most evident in the North and South East of the UK.

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