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Pet-Friendly Rental Properties – demand soars, says Rightmove

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 awilliamson@kingsleywood.co.uk