Buy to Let – Tenancy duration at a record high

The average length of tenancy in the UK has risen to a record high of 20 months, according to new research from the Association of Residential Letting Agents.

Strong competition for new properties and an ongoing lack of mortgage finance has increased the importance of regulation in the rental sector as 58 per cent of ARLA members now say there are more tenants than properties available.

About harveybowes
Mortgage Broker and founding Director of Harvey Bowes Limited. A mortgage broking practice with bases in Cardiff & Poole, UK. We take a fresh and positive approach to mortgage broking which pays dividends for both our clients and frankly, ourselves. The team at Harvey Bowes are expert advisors in all aspects of mortgages from residential to commercial and buy to let.

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