A survey of more than 800 Private Rented Sector (PRS)
tenants has found high levels of satisfaction with rented accommodation – with
90% of those surveyed saying they consider their rented property to be their
home. 79% said they felt satisfied with their current landlord, while just 13%
said they had ever rented from a ‘rogue’ landlord. Average rents decreased
among respondents from £660 in Q3 2015, to £607 in Q4 2015. Those perceiving
their rent to be ‘very good’ and ‘good’ value for money increased from 18% and
48% respectively in Q3 2015, to 20% and 49% in Q4 2015. The average length of
time spent in the PRS has also risen, from 12 years in Q3 2015, to 14 years,
with respondents staying an average of 9.5 years in their current rented
properties. Read more on the Best Advice website.
