Proximity to friends a top priority for renters |
04 2007 |
| Being close to friends and family is one of the most important factors for people looking for a rental property, a new study has concluded. Research carried out by Alliance & Leicester found that 29 per cent of Britons searching for somewhere new to rent put proximity to their friends and family as their top priority, with this proportion increasing to 36 per cent among those with children. In addition, it was found that most people eventually like to return to the area where they grew up and six per cent of those questioned expressed a wish to purchase their childhood home from their parents. Commenting on the findings, Stephen Leonard from Alliance & Leicester said: "Although there are many factors to consider when moving home, such as easy access to transport, work and good schools, being close to family and friends is a key factor for many." Given the flexibility offered by the rental market, including in terms of location, growing numbers of professionals are opting to rent a flat or house rather than buy. Further research also found that around one in four Britons moves home just prior to the Christmas period.  |
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