Buy a home? No thanks, say one third of private tenants

Buy a home? No thanks, say one third of private tenants


Todays other news


A third of tenants are happy to rent long-term and have no plans to purchase a property in the future, new research reveals.

The survey of 1,000 tenants found that 31 per cent do not even regard getting on the property ladder as importan, while 26 per cent state that they don’t want the responsibility of owning a home and love the freedom of renting.

The majority of renters are happy with their current living arrangements, with 83 per cent citing they feel settled in their current home.

 

Five per cent of those questioned claimed to have spent over £3,000 in the last year to make their rental property feel more comfortable, mostly buying furniture or paying for redecoration.

The survey was commissioned by furniture company Sofology.

Share this article ...

Join the conversation: Login and have your say

Recommended for you
Related Articles
A survey of over 34,000 home-movers by Rightmove reveals a...
Over half of Facebook Marketplace rental listings appear to be...
Rent and mortgage spending grew by 6.4% in October...
Reeves to slash Right To Buy discount on Wednesday...
A leading agent says there are renegotiations on prices of...
Reeves to slash Right To Buy discount on Wednesday...
It’s been revealed by Propertymark that HM Revenue & Customs...
Recommended for you
Latest Features
A provider of digital property packs claims over 133,000 homes...
Sponsored Content
Letting agencies face the dual challenge of keeping both landlords...
In an industry where compliance and client money handling are...
PropTech provider Reapit will announce the latest enhancement to its...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here