Older Tenants Releasing Equity

News at Newton Fallowell | 23/08/2019



 

  • 12% of tenants who moved into new privately rented homes since the beginning of 2018, were previously living in the owner occupied sector.
  • Unsurprisingly, this percentage is much higher for older tenants. 36% of 50–60 year olds and 42% of over 60s were previously living in owner occupation before choosing to release equity and move into rented accommodation.
  • Meanwhile, almost half of moves (47%) were from tenants moving from other rented homes, either in the private or social sector.
  • Dataloft has recently acquired a new rental dataset which provides even greater opportunities for investigation into the private rented sector. Keep a look out for more in coming weeks.

 

Coronavirus Information


The wellbeing of our clients, staff and their families - together with continuity of service to clients - is of paramount importance. Outlined below are the precautionary measures we have taken to minimise the risk to our clients, staff and others.


For more information click here

Coronavirus Update Hide