Tenants Prefer Eco Friendly Rented Homes

Date Published 12 May 2018

Apparently 42% of tenants feel that a property deemed as eco-friendly is a very important factor when deciding to rent a new 'home'.

A recent report from an estate and letting agents chain claims that for London renters it is even a higher concern as 50% of prospective tenants include a properties 'Green' efficiency in their decision whether to rent a 'home'.

The survey also found that there is a real connection between higher rents being paid for properties with eco friendly attributes.

It is quite common that renters who are paying a higher rent have taken into account the property's 'Green' attributes as 63% of those who took part in the survey claimed their monthly rent was between £1,351 and £1,600. Whereas renters whose monthly rent is £350 or less only 37% were concerned by this issue.

Besides the importance of a property's affect on the environment, green spaces were also very important for prospective tenants.

Almost a third (32%) of respondents would like their own or shared garden and 30% would be happy to pay more if an allotment was included.

The National Lettings Director of the chain, Martyn Alderton, said: 'Whether it's to reduce their energy consumption, save money or make a positive impact on the environment, it's good to see that tenants consider the ‘greenness' of a building an important factor in their rental decision.'