Why renting property in the UK should become a first choice

Why renting property in the UK should become a first choice

The number of privately rented homes in the UK is on a constant rise whether you like it or not. With that in mind, the focus should maybe become how to make private renting the first choice rather than unsuccessfully try to eliminate it entirely.

For most, when you talk about the Private Rental Sector (PRS), images of young professional in slick outfits and with busy lifestyles come to mind. And that’s fair enough. Those summarised as “The Millennials” are a very big part of the private rented sector.

There is more

As some research by YourMove recently revealed, Generation Rent is ageing. And it’s ageing quite drastically. Over recent years, thousands of people have turned to the PRS for a variety of reasons like a change in location of employment or the breakdown of a marriage.

The truth about Britain’s housing market

Regardless of all those changes, renting is still seen as the step before owning your home. It’s seen as a temporary solution that some people might have to go through but no one actually wants to be a part of.

Different things for different generations

Whilst renting is becoming a more common choice for young and old, the reasons and what a renter is looking for vary heavily between generations.

Younger renters, “Generation Y”, are happy to pay extra for high speed internet, somewhere to park their car and maybe even a cleaning service or gym facilities.

Older generations, “the Silver Renter”, prefer to be close to amenities and would pay more for good connections to the wider community.

Whilst younger tenants might have higher aspirations of eventually owning their own home than some Silver Renters do, one value stands strong across the board: the flexibility of renting.

So whether young and old make renting a lifestyle choice or enjoy the out convenience of it for a couple of years, it might be just about time to turn the Private Rental Sector into a first choice, so it doesn’t feel like second best anymore.

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:


Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment


Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:


+44 (0) 333 123 0320

Open from 9am-6pm GMT


+852 6699 9008

Open from 9am-6pm HKT