Why retirees are becoming important as tenants to Bristol landlords

Here at City Rental Services, we’ve noticed the huge variety and diversity of tenants looking for rented property in Bristol – and this is increasingly including retirees, too.

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We read with interest recently this article from industry website Rentman on the growing importance of retirees to the rented property sector, highlighting interesting facts and figures – such as 26% of retirees in the UK now rent their homes.

Some of the main reasons why Bristol landlords should consider retiree-aged tenants, in our experience, include:

* A steady and stable tenant base addition

* Usually know the area and BS postcodes well

* Understand their financial commitments/priorities

* Appreciate the deal between landlord and tenant

* Great ‘Life’ experience, making them reliable option

* Often happy to contribute to property maintenance

The full article is well worth a read, and gives an interesting perspective on older tenants.

If you’d like to find out more about our central Bristol lettings agency, please feel free to get in touch here.

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