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How far will tenants move for the right rental property?

Our latest inforgraphic shows the distance tenants have moved to their current rental home

With renting offering more flexibility than ownership, some tenants have traditionally used the sector as a way to get to know a new area before committing to buying. Indeed, the majority of tenants stay within their local area when moving home.

In 2018, over a quarter (27%) of tenants moved within a mile of their previous rental property, and two thirds (68%) stayed within ten miles.

At the other end of the scale, 8.1% of tenants starting new tenancies in London in 2018 moved from overseas. Despite political and economic concerns, this is actually an increase from 7.3% in 2017.

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