Tenants open to rent rises if landlord relationship is positive

More than a third of all tenants would both renew their contract and accept a rent increase as long as they had a positive relationship with their landlord, according to Uswitch research.

However, according to the same survey, 50% of tenants would renew as a result of a positive landlord relationship but wouldn’t also accept a rent increase. Only one in 10 tenants said they would neither renew their contract nor accept an increase in rent.

The research found that the 18-24 age group had the lowest percentage of tenants willing to base both of their rental decisions on their landlord-tenant relationship, at just over a quarter (26%). 

However, this age group gave the second highest vote to the option renewing without an increase (53%), only narrowly behind their peers aged 25-34 who gave 54% of their vote to this option.

 

At the other end of the scale, tenants aged 55+ were the most likely to consider a contract extension and rent increase based on a positive relationship with their landlord. Over four in 10 (44%) voted for this option, 16% more than the 18-24 age group.

Tenants aged 55 and over were the least likely to renew their contract without accepting a rent increase based on a positive relationship with their landlord, with 44% voting for this option, while all other age groups had votes in excess of 50%. Tenants in the 25-34 age range had the highest vote in this area, with 54%.

Communication was determined to be the most important contributor to a good landlord-tenant relationship, cited by seven in 10 (71%) tenants and half (51%) of landlords. 

Almost nine in 10 (89%) tenants said that they trust their landlord to try their best to solve any issues related to the property.

Furthermore, over half of all tenants surveyed (56%) reported that they had not had any disputes with their landlords.

x

Email the story to a friend



Comments are closed.

Thank you for signing up to our newsletter, we have sent you an email asking you to confirm your subscription. Additionally if you would like to create a free EYE account which allows you to comment on news stories and manage your email subscriptions please enter a password below.