Tuesday, 15 March 2016

Landlords Must Prepare For Longer Tenancies

Landlords and property managers must prepare for long-term tenancies. The Association of Independent Inventory Clerks (AIIC) says heightened preparation must include thorough administration and more thought about the choice of furniture and interior design themes. The organisation draws attention to the recent English Housing Survey 2014-15, which shows average private tenancy length is now four years – up from three and a half years in the previous survey. It also found that some 46% of 25-34 year-olds lived in the Private Rented Sector in 2014-15, up from 24% in 2004-05. Read more on 24dash.

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