Ideal length of lease varies

In this short article we look at the different length of rental leases tenants choose

There is a substantial mismatch between current lease lengths and ideal lease lengths. However, there is more to it than that. Opinions on ideal lease length vary with age and household types.
For renters aged over 45, the ideal lease length for most is 24 months plus, actual lease length is most often 6 to 12 months (61%). 18 to 44 year olds ideal lease length is 6 to 12 months which 68% of tenants do have.
Families prefer more stability, perhaps reflecting commitment to local schools and community. 45% of families ideal lease length is 24 months plus, in reality only 23% of families have this.
Generally, all the other categories prefer a lease length of 12 months or under which most do have. However, 34% of singles and 33% of couples prefer 24 months plus. Source: Dataloft, Property Academy

Get in touch with us

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as our products and services. By confirming, you also agree to the use of cookies to enhance your experience. (You will always have the right to unsubscribe or manage your cookie preferences at any point in the future.)

Confirm

25 Year Olds to 34 Year Olds & How they Live

The way 25–34 year olds live in the UK has changed, but not as dramatically as often suggested. Homeownership is down slightly, while private renting has risen sharply, showing more of a delay than a decline in buying. These shifts shape demand in every local market, including Attleborough. Are there any surprises here?

CLICK HERE >

What if your biggest pay rise never came from your employer?

Over the past 25 years, UK house prices have risen significantly, quietly building wealth for homeowners along the way. While markets move in cycles, the long-term trend remains clear. For many households, their home has become one of the most consistent and powerful drivers of personal wealth.

CLICK HERE >

Attleborough March House Price Review

Curious about where the Attleborough property market is heading? Looking beyond headline figures can reveal far more about real trends and what they mean for your home. Whether you are planning a move or simply staying informed, this insight could be invaluable. Read on to discover more.

CLICK HERE >

Pound Per Square Foot for Attleborough in April

Welcome to Attleborough’s property market update. This week’s snapshot reflects a slight shift driven by the mix of homes for sale rather than underlying values. It’s a useful gauge for homeowners and landlords, offering insight into market health and how your property fits within current local trends.

CLICK HERE >