| | |

Over half of tenants expect to move home this year – study

A lettings industry supplier’s survey of tenants suggests most renters intend to move home this year.

Tlyfe surveyed UK renters and found 57% plan to move home in 2025.

Some 59% of tenants who plan to move this year intend to do so within the next six months. And 13% of those have plans to move immediately.

The most common motivation for this move is that there are too many problems with their existing property (21%), while other common motivators include the desire to live in a larger home (16%), an inability to afford their current rent (14%), relocation for personal reasons (14%), and the end of their tenancy spurring a fresh start (7%).

However, 51% have not yet managed to save enough money for a rental deposit, and 30% do do not yet have the required paperwork and documentation in place, such as Right to Rent, ID, and references. Read the full article > Landlord Today

Why not share this article?

Similar Posts