Survey reveals rise in tenant satisfaction within the private rented sector

A report commissioned by Paragon Mortgages shows that 80% of UK tenants within the private rented sector are satisfied with their current landlord and 87% view their rented property as a home rather than a short term arrangement. The survey also showed that for the second quarter of 2015, the average stay for tenants living in their current property was seven years. Another finding shows that the affordability of buying a property continues to decline with the proportion of tenants citing this issue as the reason for renting privately increasing from 69% to 74%.

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