With the UK rental sector growing bigger every year, families are becoming a large proportion of the rental market. Households with children made up almost 30% of the rental market in 2017. Renting to families often leads to longer tenancies as they are looking for a property to make a home,
Letting to professional sharers is one of the most lucrative ways to rent out your buy-to-let, but it doesn’t necessarily come easily. With a higher turnover of tenants, you may be faced with void periods more often as you try to keep rooms filled.
With purpose-built student accommodation on the rise, offering gyms, high speed internet and even cleaners included in the rent, the student market has become very competitive. Make sure to highlight any extras, such as all bills included or a TV in the communal area.
Couples with no children are the largest percentage of the UK rental market, which means tailoring your advert to this demographic will give you the biggest audience. Professional couples aren’t too concerned with the exterior of the building