6th
Dec 2015
Apparently 80% of tenants in private rented 'homes' are preferring to go for the shorter tenancy period of one year.
A deposit protection scheme is responsible for this claim and backs it up by stating that they had carried out a survey of 39,855 tenants.
80.1% of those taking part in the survey stated that they want a tenancy agreement of twelve months and under.
69.9% stated that they would opt for a rolling contract with no more than two months' notice when their tenancy was due to end. 28.1% preferred the arrangement of a new fixed term tenancy agreement.
Julian Foster, Managing Director of the scheme, said: “This comprehensive survey suggests that the idea that tenants crave longer tenancies is a myth.
“Like landlords, many tenants prefer the flexibility provided by shorter tenancy agreements rather than being locked into long commitments over where they live and who they rent from.
“Tenancy agreements are vital ingredients in establishing happy tenancies.”
News Archive »