Report Claims UK Tenants Prepared To Pay More for Furnished Homes

Posted: 09/07/2021

RENTING PROPERTY YOUR HOME IN THE UK

According to new research by Manor Industries, a furnished rental home can improve your chances of finding a tenant and may increase the monthly level of rental income secured. The firm have found that over 25% of UK tenants would more likely view a rental property if it was already furnished. Another 26% claimed they would actually rent a property that was furnished over one that wasn’t. In fact, tenants are prepared to pay more per month for a secured, well-furnished property, the research found.

The rental property space is extremely competitive so many landlords now offer homes that are furnished in order to stand out in the crowded market. “The modern-day tenant values style and quality and so furnishing a property with below-par furniture is more likely to deter them rather than attract them,” explained the CEO of Manor Industries, Farhan Malik.

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