Home  Landlords  Cost more important than location for most renters

Category: Landlords

Cost more important than location for most renters

Reading Time: 2 Mins Read

Almost eight out of ten renters consider cost to be more important than location when it comes to finding a rental property, new data reveals.

According to a survey carried out by Dlighted, cost was more important for 9% more of respondents than location, indicating that cost is the most important factor for many renters.  

The survey also showed that 23% of renters value parking, while 32% would like to be able to keep pets. A garden or outdoor space was also important to many respondents.  

A spokesperson for Dlighted, Ajay Jagota, said: “It’s always been claimed that location, location, location is the key to buy-to-let success, but these days it’s more accurate to say cost, cost, cost.” 

In addition to this survey, data released by the UKALA shows that 42% of landlords in London have experienced void periods in the last quarter.  

One of the reasons landlords have experienced void periods is due to tenants not being able to pay the rent.  

Landlords who experience void periods always want to make sure they have a guaranteed rent scheme in place or find new tenants as soon as possible.  

At Assetgrove, we offer a guaranteed rent scheme to landlords which gives you a fixed monthly rent for up to five years. And this applies even if the property is empty due to voids.  

Click below for further information: 

Property Reporter 

Neil Jennings

Neil is the Operations Director at Assetgrove Lettings, London's Leading Rent Guarantee Company, providing Landlords with no voids, property maintenance, fee-free property management and stress-free service.

Related Post

Smoke and Carbon Monoxide Alarm Regulations for Landlords in the UK
Updates: 8 Mins Read
Smoke and Carbon Monoxide Alarm Regulations for Landlords in the UK

You might believe that a fire or incident of carbon monoxide poisoning is unlikely to happen in your rental property. Sadly, such tragedies are all

Advice for landlords with cash flow difficulties
Updates: 2 Mins Read
Advice for landlords with cash flow difficulties

Buy-to-let landlords struggling to make ends meet as a result of the coronavirus pandemic have been given the option of deferring their self-assessment tax payments

How to add value to your home in the UK – 9 Tips
Updates: 5 Mins Read
How to add value to your home in the UK – 9 Tips

Looking to add value to your rental property? Discover nine ways to add value to your property.