The Pet-Friendly Rental Boom
- While tenant demand has risen 13% over the past year, demand for pet-friendly rental properties has more than doubled, enquiries to letting agents for pet-friendly rentals up 120% (Rightmove).
- Over half of UK adults are now thought to own a pet, the majority dog (26%) or cat (24%) owners (PDSA).
- Research has found 31% of renters are prepared to pay a premium (£40 per month outside of London, £50 in London) for a pet-friendly property (Dataloft, Property Academy, 2020).
- Affordability, access to outside space and broadband are all significantly higher properties for renters, parking the amenity the highest proportion of renters are prepared to pay a premium for (38%).Source: Dataloft, Rightmove
Source: Dataloft Inform