Location top of the list when renting property according to report from rentright co uk

Released on: September 11, 2007, 11:19 pm

Press Release Author: Rentright Ltd

Industry: Real Estate

Press Release Summary: Rentright.co.uk have conducted a survey of tenants to
establish what type of property they rent, how they found their rental property and
the service that they received when looking and whilst renting their current rental
property.

Press Release Body: 45% of all respondents stated that location was the most
important factor when looking for a rental property in the UK, this was followed by
rental price 35%, condition 11% and size of property 7% according to the survey
results.

www.rentright.co.uk currently has over 4500 member tenants and 1400 member letting
agents registered on the website advertising their rental property portfolios.

The surveys aim was to establish how tenants find their rental homes and the
problems that they face when searching for property. How did the respondents find
their current rental home, 59% of respondents used the internet, 14% were referred
by a friend, 9% from viewing the property in the letting agents window and 7.1% used
newspapers.

When looking for a rental property online the biggest problems faced were not enough
DSS/Housing Benefit Property 42.5% and out of date property information 39.1% of
respondents.

"The survey has given a real insight into the problems faced by the tenants when
searching for a rental property on the internet. The results give valuable
information for letting agents and property professionals into what tenants believe
is important when looking for a rental home" comments Chris Courtis (Chief Operating
Officer - Rentright).

The Rentright survey asked tenants the size of the property they rent in terms of
number of bedrooms, over two thirds of all respondents lived in either a 2 bedroom
(39%) or 3 bedroom property (35%), whilst 69% of these properties were rented
unfurnished compared to 20% furnished.

Rentright also asked the respondents to rate the service that they receive from
their current letting agents the majority of respondents found the services average
31%, 21% rated their letting agents service good, 13% thought the services were poor
and 11% rated the services provided by their letting agent as bad.

About Rentright.co.uk

Rentright.co.uk is a forward thinking rental property site for letting agents to
advertise their rental properties to searching tenant users across the internet.

Rentright.co.uk provides comprehensive and current rental property, letting agents
details and articles and information for tenants. View all the survey results from
the rentright website (articles section).


Web Site: http://www.rentright.co.uk

Contact Details: 11 Warren Yard
Wolverton Mill
Milton Keynes
MK12 5NW

tel:- 0870 7669056

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