How have tenant demands changed since lockdown
Priorities have changed for over a quarter of tenants following the pandemic, according to The Property Academy Tenant Survey 2020.
The Survey, based on 14,000 tenants, found that over two thirds of tenants said affordability (68%) and a garden (67%) had become more important than they were pre-lockdown.
With the government encouraging working from home, it is no surprise that 63% of tenants said broadband speed was more important and 61% said space to work from home was more important.
Landlords should consider renters priorities, for example; assisting access to fast broadband, providing office furniture, and assessing rental values could help keep tenants happy.
With tenant demand at an exceptionally high level, property remains a good investment.
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Source: Dataloft, Property Academy