A recent article for Letting Agent Today revealed that the top priority for tenants is high-speed broadband, according to a survey conducted by Carter Jonas.
For those looking at renting flats, second on the list was having a modern kitchen and bathroom, while allocated parking came in at third place. For people looking to rent houses, off street parking came in at number two, while a modern kitchen and bathroom was third.
Among the least important features for people looking to rent a house were fitted wardrobes, blackout blinds or curtains, and a property alarm. For those looking at renting a flat, the top three was broadly the same, although fitted wardrobes were replaced in the number one spot by outdoor space
Interestingly, tenants of both houses and flats said that the feature they’d be prepared to pay more for was a newly refurbished bathroom and kitchen in a property.
Earlier this month, the Royal Institution of Chartered Surveyors (RICS) published its residential market survey for January, noting that there was “renewed optimism” in the housing market from both buyers and sellers.
Demand for rental properties also increased in the three months to January, the RICS data showed, although the number of landlords in the market fell in this period. As a result, the organisation is predicting there could be a rise in rents due to a lack of supply to meet the high demand.