- 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.
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Working with property professionals for over 20 years providing advice and services to all property investors.