According to the research from buy-to-let focussed marketplace lender, Landbay, a home being pet-friendly is the most desirable attribute in a rental property with 14% of renters rating ‘pets being allowed in the property’ as their most important requirement.
That figure nearly doubles in the North East (27%) but shrinks to just 3% of renters in London. Women are more than twice as likely (18%) as men (8%) to prioritise a pet-friendly property.
A home which is unfurnished comes second, with 12% of renters saying this is the most desirable attribute. Perhaps tellingly, renters aged 55 and above (22%) are five times more likely to consider an unfurnished property as crucially important than those aged between 18 and 34 (4%.)
A garden was third, with 11% of renters rating outdoor space as their most important attribute. Parents (15%) are more than twice as likely to prioritise a garden compared to non-parents (7%.) Off-street parking and the quality of a property’s décor came fourth and fifth respectively.
Having a dryer came bottom of the list of most desirable attributes with just 1% of renters considering it key to their home. A king-sized bed, a balcony, and a dishwasher also polled just 1%. Just 2% of private renters consider a new build property as a priority.
Top Five Attributes
1: Pets allowed 14%
2: Unfurnished 12%
3: Garden 11%
4: Off-Street parking 9%
5: Quality of décor 7%
Bottom Five Attributes
1: Dryer 1%
2: King sized bed 1%
3: Balcony 1%
4: Dishwasher 1%
5: New build
