Finding data on the profile of tenants and actual rents paid (not just asking rents) has been like hunting for the Holy Grail in the property world, which is why we are delighted to announce that we have a new, large and reliable source, integrated into our databank and we will be digging deep in the coming months to explore trends and reveal insights.
For instance, we have been surprised by the short distances tenants generally move for a rental property. Over a quarter of tenants in England and Wales starting new tenancies in the last 12 months moved less than a mile from their previous home.
