Most tenants don’t want three-year tenancies, report shows

5 September 2018
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The majority of tenants are not keen on the idea of three-year tenancy agreements, new research has revealed.

The findings have been announced in the wake of a government consultation, which has examined the merits of introducing three-year minimum tenancies with a six-month break clause option.

The consultation ended on 26 August 2018. Although results have not been officially announced, The Sun reports that the plan to guarantee three-year tenancies is being "killed off" by nervous government ministers.

Read more: Landlords react against three-year tenancy plans

A poll of 2,000 tenants by online letting agent MakeUrMove found that only 7.2% of tenants would prefer a tenancy lasting three years, while some 30% of tenants would like tenancies to remain at 12 months and a further 20% would like tenancies to last no longer than two years.

While three years is not a popular choice for tenancies, some 29% say they would prefer a tenancy to last significantly longer than three years. Over two in five surveyed (43%) had spent more than five years in their current rental property.

Three in 10 (31%) tenants view flexibility as the most important factor when looking at the length of their tenancy. Meanwhile, 59% of respondents gave notice on their last tenancy, with 14% being given notice by the landlord at the end of the tenancy and just 3% being evicted.

Read more: Rents set to rise by 15% by 2023, while more landlords switch to company set-up

Alexandra Morris, MakeUrMove managing director, says: “Many tenancy agreements are currently set at 12 months with a six-month break clause, and we’ve found nearly a third of tenants are happy with this length. Our findings reinforce that the majority of people want either the flexibility of a shorter rental, or the security of a much, much longer term."

James Brokenshire MP, the secretary of state for housing, communities and local government, previously stated that “being able to call your rental property your home is vital to putting down roots and building stronger communities”. However, Ms Morris points out that MakeUrMove’s research shows that 87% of tenants already think of their rental property as a home under the current regulations.

Comments

In reply to by anonymous_stub (not verified)

A survey of 2,000 but how many responded? I know I do not pay any attention to anyone providing a service who publishes data on how their customers respond to said service. Such polls need to be independent of providers and SHOULD show how the questions asked were phrased.

In reply to by anonymous_stub (not verified)

good landlords and good tenants don't make the news headlines do they? there far far more good landlords and tenants than bad. i have 16 good tenants at present and i think they all find me to be a good landlord, i hope they all stay a long time, as i have said before i only ever evict the non payers, am i wrong in evicting non payers?

In reply to by anonymous_stub (not verified)

i have been a landlord since the 80s presently 16 let properties, i like my tenants to stay a long time, why wouldn't i? only tenants i evict are the non payers, if i will not be able to use section 21 anymore i shall have to use section 8 which is more expensive and takes longer, but also here a section 8 eviction will be on a tenants credit rating as it is a ccj.

In reply to by C Jones (not verified)

Aye and 2'000 is hardly what I'd call a representative view. I'm convinced most tenants would want the 3 year regulation to be brought in, it's the landlords who don't want it since they want to be able to throw people out but the tenant doesn't want to be thrown out and of course would want to be able to put down some roots, enrol the kids in school, hold down a steady job nearby, why would the tenant prefer 12 months over the security of 36? This survey is a joke

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