Long Term Letting Back in Fashion

Story posted: 10.02.20

If you are looking to rent your next home, how long would you expect to stay at the same property? 12 months? Maybe 2 years? We think it may be longer as the results of the government’s English Housing Survey reports private rental tenants staying in the same tenancy has increased from 4.1 years for 2017-2018 to 4.4 years during 2018-2019. That’s the highest average length of stay in a decade.

The introduction of the Tenants Fee Ban in June 2019 has given landlords more reason to hold onto good tenants and many are highly motivated to extend the contracts with their tenants. This is perfect when you are in a property you love and at Ashtons, we have seen a majority of our professional landlords opt for tenancy extensions and in many cases, put a freeze on rent increases.

That’s great news if you are worried about having to move every 6-12 months and looking for the peace of mind that comes from finding a longer term home to settle in and grow into the local community. With different tenancy lengths and bespoke options to break those contracts if you need the flexibility to move quickly to buy or relocate, Ashtons as the market leader can give the certainty and local knowledge you need to make that next move a settled one.

This, however, can have a knock-on effect that less new rental properties are coming to a restless market, leading to the higher demand pushing rents up this year. Take action and visit our offices to see how we can tailor the right home that measures up to your needs.


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Dec
04
2020

Alice Boulger

I would definitely recommend Ashtons and use Ashtons in the future when we are looking to buy a house. The service that is provided is...

Dec
02
2020

Carly Oliver-Aziz

Everyone was great from start to finish. Liam and Louise have been amazing! Louise was and is an absolute sweetheart.

Dec
01
2020

Katharine Baker

Ashtons were the best we had dealt with. All staff at Harpenden were excellent but I really feel that Tracie is your prize jewel in...

Nov
30
2020

Anonymous

By far the best estate agent I have dealt with. I was particularly impressed, and grateful to have Louise Walker who was there with me...

Nov
29
2020

Andrew Branch

Our experience of agents in the area is limited, but I would rather deal with Ashtons than the others we spoke to. We chose Ashtons...

Nov
28
2020

Anonymous

Property Management was excellent, reported issue - contractor rang & visited soon after

Nov
27
2020

Dirk Matthysen

Property Management were outstanding, every person I've dealt with is professional and helpful

Nov
25
2020

Kate MacKay

The house was very warm & welcoming. Alexander presented the house very professionally. This is the most Covid-secure viewing we have had & we have...

Nov
23
2020

Anonymous

We dealt with a number of staff members (all from the Harpenden office) throughout our purchase and all were extremely polite, helpful and a pleasure...

Nov
23
2020

James C

Very good efficient and professional. Greg handled it mostly and was always available and got back to you promptly.

Nov
21
2020

Molly Parrish

From the beginning to end of my purchase all the staff I spoke to were really friendly and helpful. They stayed in regular communication with...

Nov
20
2020

Anonymous

Ashtons Lettings were professional right from the start. Questions responded to promptly. I have no doubt they are the best in the business


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