It’s been celebration for Misty Bailey from Plymouth who has been successful in winning a month’s free rent in a national prize draw that was run by Your Move, in conjunction with the Corporate Client Department (CCD) of its parent company, LSL Property Services plc (LSL).
Misty, who privately rents a property, entered the prize draw following completion of a nationwide survey that was run by LSL CCD to gain an in-depth understanding of the UK’s Private Rented Sector (PRS) in 2016 and what tenants consider when looking for flats to rent.
Distributed in January, the survey was sent to 36,500 PRS tenants, all of whom are renting their properties through two of LSL’s estate agency brands - including Your Move.
The survey results have provided a fascinating insight into the current PRS climate in the UK – highlighting the main reasons why people rent, their key requirements as tenants as well as reporting how the motivation and needs of renters differ based on their life stage – with the report even highlighting how happiness levels vary in each group identified.
Misty was picked at random from the huge list of entrants and was welcomed by her local Your Move team in Plymouth to receive her prize.
“I was so shocked to hear I’d won the prize. It was totally unexpected but I’m so pleased I took part in the survey – not only because I won the prize draw – but because, by completing it, I’ve helped to highlight what tenants look for when they rent a property which might help landlords as well as renters in the future. It’s a great idea.
“I hope to put the money I’ve saved in rent this month towards a holiday and would like to thank the local Your Move team, as well as LSL CCD, for making this happen.”
David Bond, Head of PRS for LSL CCD added:
“We’re delighted that Misty won the prize draw, amid competition from across the UK, and would like to thank her for taking part in our survey. With her support – as well as the help of many others who completed the survey – some really interesting facts have emerged to ensure we have a much better understanding of the needs and requirements of those looking for properties to rent which, in turn, should help us as a business but also, of course, the ever increasing number of our PRS customers.”
Helen Somauroo, Lettings Manager for Your Move in Plymouth commented:
“We’re absolutely delighted for Misty and know she was one of many of our tenants who completed the survey. To be randomly picked from so many entrants is great news for her but also the local team who have supported her in finding a rental property – we hope she has a great holiday in celebration.”
The Tenant Survey is available to view here.
Key highlights include:
- 81% of private tenants say renting suits their lifestyle
- 42% of residents see the restriction on creating their own space as their biggest concern
- 27% of those renting would pay an additional fee for High Speed Internet
- 61% of private tenants want an ‘online portal’
- 46% of respondents see the quality of the landlord as the most important factor when renting