- ‘Bills included’ is the most popular search term for renters seeking to find a new place to call home. Renters are keen to have certainty on their monthly outgoings as the cost-of-living squeeze continues.
- While in 6th position in 2021, ‘bills included’ has now overtaken those prioritising pet-friendly properties or those looking for outside space, either a balcony or garden.
- A survey of over 12,000 renters by HomeLet and Dataloft found nearly half of renters currently use or are interested in buying a utilities package from their letting agent, a far higher proportion than those using or interested in contents insurance or a tech package.
- The new Prime Minister has confirmed energy prices will be capped for households until 2024, which could curb inflation growth by up to 5%, and bring inflation back down below the government’s target sooner. Source: Dataloft, Rightmove, 2022, based on Keyword Sort, August 2022
In 17 Years of estate agency, I have always noticed that the criteria renters most look for seems to be close to a station to get to work. Then I would say a property being able to take pets would be next as it seems everyone has a pet these days.
I am surprised to see bills included is the most popular search, i can though now see why it would be high up in the search criteria as lot of people may be working to tighter budgets and would want a place that comes with the bills included.
Our lettings department has been very busy over the last year or so, if you are thinking of renting out your proeprty or looking for some where to rent please call 0330 043 0002 and speak with one of our local property experts.
Leigh Thomas – Truuli Property Expert
