Private renters staying in properties for longer | Mortgage Introducer

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The average length that a private sector tenant lived in their current rental property was 4.4 years during 2018 to 2019, up from 4.1 years during 2017 to 2018.

This is the highest average length of time tenants were staying in their current homes over the past decade.

John Stewart, policy manager at the RLA, said: “The vast majority of landlords who do a good job welcome good tenants staying in their properties long-term and today’s figures bear this out.

“They clearly refute the picture some create that landlords spend all their time looking for ways to evict their tenants and it is time to end this scaremongering.

“The market is meeting the ever-changing demands on it without the need for legislation.

“It is vital that the government continues to support and encourage this with pro-growth policies that support good landlords to provide the long-term homes to rent to meet ever growing demand.”