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Close To Home

Published: 22/01/2021

26% of tenants moved within a mile of their previous rental property in 2020, and over two thirds (69%) stayed within ten miles.

As renting is more flexible than ownership, some households use it as an opportunity to get to know a new area. In fact, 27% of tenants moved more than 10 miles in 2020.

The number of tenants moving more than 10 miles reduced by 6% in 2020 compared to 2019, perhaps reflecting a preference to stay close to friends, families and established neighbours during the pandemic.

5% of tenants in England and Wales moved from overseas. London is the most popular region, with 10% moving from overseas in 2020. Source: Dataloft Rental Market Analytics

Are you trying to find a new place to live, call Willmotts for property advice or information with selling and or buying a home please email sales@willmotts.com or call 020 8222 9958

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