Private Sector Renters Greater Security
Private sector renters are enjoying greater security in their homes than at any time over the last decade according to new official data.
The Government’s recently published English Housing Survey for 2018-19 revealed that the average length that private sector renters lived in their current rental property was 4.4 years, up from 4.1 years in 2017-18. This is the highest average length of time tenants were staying in their current homes over the last decade.
With growing numbers of families with children now reliant on the sector for a home, the figures show that the market is responding by ensuring tenants remain in properties for longer periods of time, enabling them to establish roots in a community.
Private renters are enjoying greater security in their homes than at any time over the last decade according to new official data.
The Government’s recently published English Housing Survey for 2018-19 revealed that the average length that a private-sector tenant lived in their current rental property was 4.4 years, up from 4.1 years in 2017-18. This is the highest average length of time tenants were staying in their current homes over the last decade.
With growing numbers of families with children now reliant on the sector for a home, the figures show that the market is responding by ensuring tenants remain in properties for longer periods of time, enabling them to establish roots in a community.
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