Revealed: the top priorities for tenants in 2020

Revealed: the top priorities for tenants in 2020


Todays other news


A survey by lettings agency Carter Jonas has revealed what the firm calls the top priorities for tenants as the 2020s begin.

The survey – taken at the end of last year – consisted of only 300 renters but Carter Jonas has shared the findings with Letting Agent Today.

In broad terms, high speed broadband is the most in demand ‘essential’ for a rental property, even more so than a modernised kitchen or bathroom; however, when ranked on what tenants would be prepared to pay more for, newly-refurbished kitchens and bathrooms come top.

Tenants are routinely more likely to move from a property due to relocation preferences rather than an issue with the property itself. And energy efficient properties have moved up the priority list for both flat and house renters.

Here is what Carter Jonas found as ‘essentials’ for renters of apartments:

1. High speed broadband;

2. A modern kitchen/bathroom;

3. Allocated parking.

 

And the three least important features are:

1. Outside space;

2. Blackout blinds/curtains;

3. Property alarm.

 

Meanwhile the top three essentials for house tenants are:

1. High speed broadband;

2. Off-street parking;

3. A modern kitchen/bathroom.

 

And the three least important are:

1. Fitted wardrobes

2. Blackout blinds/curtains

3. Property alarm  

 

 

 

Then Carter Jonas asked its tenants to list features considered worth a premium. 

 

For flat tenants the top three features worth paying more for were:

1. A newly refurbished kitchen and bathroom;

2. Outside space;

3. Allocated parking.

 

And the three features they’re least willing to pay for were:

1. Communal leisure amenities;

2. Work space;

3. Concierge service.

 

Finally the top three features that house tenants were willing to pay more for were:

1. A newly refurbished kitchen and bathroom;

2. A more energy efficient property;

3. A garage.

 

And the three features they’re least willing to pay more for:

1. Air conditioning;

2. Property alarm;

3. Media/family room.

 

 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
The data comes from flat sharing service SpareRoom...
The new figures come from PropTech firm Goodlord...
The challenge has two options, both in early June...
Mixed signals suggest a confusing and volatile year ahead for...
A leading agent says there are renegotiations on prices of...
Reeves to slash Right To Buy discount on Wednesday...
Recommended for you
Latest Features
Five major bodies within the residential property world have spoken...
The skills have been identified by the Property Academy...
More landlords are using auctions to sell off their properties...
Sponsored Content

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