Tenants Leaving it until the Last Minute to Find their Next Home


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https://www.justlandlords.co.uk/news/1-5-feel-buy-let-safe-option/

Tenants are leaving an incredibly short time span in which to find and move into their next rental home, according to a new study by property marketplace TheHouseShop.com.

The data shows that almost one in three tenants (31.2%) aims to move into their next home less than two weeks after they first make an enquiry to the landlord or letting agent online. That figure rises to almost two-thirds of renters (63.8%) who need to move into their new home less than a month after making an initial enquiry.

The Co-Founder of TheHouseShop, Nick Marr, stresses the need for tenants to be thoroughly prepared if they expect to meet these tight deadlines: “For the one in three tenants who are expecting to actually move into their new home less than two weeks after they first make contact with the landlord, they will need to ensure that they are responsive, organised and thoroughly prepared.

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