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TODAY'S OTHER NEWS

More evidence that pet-friendly properties are increasingly popular

There’s more evidence today that pet-friendly properties are becoming increasingly popular with tenants. 

A study by specialist lender Landbay quizzed 2,000 tenants and discovered that some 14 per cent of them rated ‘pets being allowed in the property’ as their most important requirement. 

That figure nearly doubles in the North East (27 per cent) but shrinks to just three per cent of renters in London. Women are more than twice as likely as men to prioritise a pet-friendly property.

A home which is unfurnished comes second, with 12 per cent of renters saying this is the most desirable attribute. Predictably, renters aged 55 and above are five times more likely to consider an unfurnished property as crucially important than those aged between 18 and 34.

A garden was third most important, with 11 per cent of renters rating outdoor space as their most important attribute. Off-street parking and the quality of a property’s décor came fourth and fifth respectively.

Having a dryer, a king-sized bed, a balcony or a dishwasher polled just one per cent each, while just two per cent of private renters consider a new build property as a priority.

“Landbay is investing in a research series to help landlords understand tenants and opportunities within the private rental sector. Landlords knowing what renters want can make for a happier, more prosperous relationship which benefits both parties in the long run” says a spokeswoman for the lender.

  • Bryan Shields

    Never an easy choice, unless the client agree's to a deep clean at vacation, you can't guarantee for the new client whom may have an alergy to the previous resident critter.

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    All the tenants with pets will have to move to Wales !
    as since the Tenant fee ban succumbed to Tenant pressure group influencing the Government at the last hour, a 5 week deposit cap just isn't going to cut it.
    Conversely, Wales tenant fee Ban recognises the increases security a Landlord might want to take to cover pet damage and hasn't imposed a cap on the Deposit amount.
    Shame MHCLG could have the same foresight, after all, its not Rocket-science. !

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