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Tenants 'regret rushing into agreements'The growing demand for rental properties is causing people to rush into tenancy agreements that they later regret, according to research carried out for mortgage and loans provider Ocean Finance.

Some 32 per cent of those questioned say they hurried into renting their property and 61 per cent admitted to disliking something about their home.

A fifth of tenants say their home is too small and they wish they had rented somewhere bigger. Almost as many people say they feel cold in their rented accommodation.

Some 10 per cent of tenants say their biggest regret is the location of the property, with a further seven per cent complaining about a lack of outdoor space. For eight per cent of tenants, the biggest bugbear is poor maintenance by landlords.

The rise in demand for rental properties is putting pressure on tenants to rush into taking properties that they spend the rest of their tenancy regretting says Ian Williams of Ocean Finance.


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