News

Keep up to date with the latest Stags news

Why Do People Choose to Rent?

Why Do People Choose to Rent? Maria Craze, Office and Lettings Manager at Stags, comments: 

This is a question we are often asked by landlords, who are curious to know who may want to rent their property. There are many valid reasons why renting is the right choice for individuals and families, with a most common detailed below: 

Flexibility – Renting makes it easier to relocate at short notice, whether for work, schooling, or personal reasons. Unlike selling a home, which can be a long and uncertain process, renting offers speed and certainty – vital for tenants dealing with new contracts, relocations, or life changes.

Uncertainty about the future – Many people are not ready to commit to a mortgage or long-term location. Renting gives them peace of mind and the freedom to adjust as their circumstances change.

Relocating before buying – Often, tenants rent first in a new area to get a feel for the community before making the decision to buy. Likewise, people who sell before purchasing again often move into rented accommodation, putting them in a stronger position when the right home becomes available.

Fewer responsibilities and costs – With renting, repairs and maintenance are handled by the landlord or agent, so tenants avoid the large unexpected bills that can come with homeownership.

Lower upfront costs – Deposits for buying can be out of reach for many, whereas renting typically requires far less upfront, making it more accessible and appealing.

What This Means for Landlords
All of these factors mean that there is generally a consistent demand for good-quality rental properties. We are currently seeing the greatest demand for two- and three-bedroom homes priced between £800 and £1,200 per calendar month, with pet-friendly properties attracting particular interest.

For landlords, this demand presents a real opportunity. By working with Stags, you can be confident that we will:

•    Market your property effectively to attract the right tenants quickly providing you with choice. 
•    Advise on rental value to help you achieve the best possible return on your investment.
•    Handle tenant references and compliance to give you complete peace of mind.
•    Manage your property professionally so you don’t have to worry about day-to-day issues at any point of the process.  

Whether you are a first-time landlord or have an existing portfolio, our experienced lettings team is here to support you.

If you would like to discuss letting your property, or would simply like some advice on the rental market, please contact our team.