New data from Rightmove shows that demand for pet friendly rental properties has increased by 120 per cent compared to last summer.
The significant increase in demand for a pet friendly rental property, measured by prospective tenants inquiring about properties via Rightmove, highlights the rise in pet ownership during the lock-down periods. The jump compares to total tenant demand rising by just 13 per cent.
The search for more outdoor space has led to demand for properties with a balcony increasing by 70 per cent, and gardens are up by 39 per cent. Parking has also increased in popularity, demand up 48 per cent – and one of the most common requests from renters, for all bills to be included, is up by 38 per cent.
However, it is the surge in interest for pet-friendly accommodation which appears to dwarf other areas of growth in demand. Rightmove’s director of property data, Tim Bannister, says: “The rise in pet ownership during the lock-down periods has been well documented, and we’re seeing this translate to the rental market.
“Becoming a pet owner is a long-term commitment, so what’s really interesting to consider is the impact this could have on the rental market in the future, and it’s a signal to landlords that if they were to consider allowing a well-behaved pet then it may open them up to a bigger pool of potential tenants.”
The whole issue of pets in lets has gained momentum in recent months. For more on this, read full article. https://www.lettingagenttoday.co.uk/breaking-news/2021/8/pet-friendly-rental-properties–huge-surge-in-demand-says-rightmove
If you wish guidance on your letting / rental options please call Ashley on 07871957901 / 01505 613799, email email@example.com