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Homelet data reveals cities where tenants are moving into the area

The HomeLet Rental Index has analysed the movement of people who privately rent property, to and from the top UK cities by population. These new findings reveal detailed information including where tenants new to the area account for the largest proportion of new rental agreements.

The data shows that certain parts of the UK are registering a significant proportion of new tenancies from people moving to the area. In Wakefield and Coventry, for example, more than a quarter of tenancies signed over the past 12 months were taken on by people moving to these cities.

The Index also reveals the UK cities in which tenants are most likely to choose to stay, by analysing the proportion of tenancies being signed by people who have previously lived elsewhere in the same city. It shows that Belfast, Cardiff and Birmingham, for example, are all popular with people who live there – more than 95% of tenancies in each of these locations were taken on by someone already resident in the area.

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