Category: Generation Y

Demand for rental property in the UK continues to rise

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New research finds up to a third of young people in Britain will now rent for their entire lives, underlining the need for more investment in key UK city markets. Summary: Volume of people using the UK’s private rental sector revealed by think tank report, with over a third of young people now set to… Read more »

Confirmed: A generation shunning home ownership in favour of renting?

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As home ownership levels in England fall to their lowest levels in 30 years, research reveals a generation who are choosing to rent.   Summary 49% of under 25s say they don’t want a mortgage and that renting suites their lifestyle As ownership rates fall, the number of private renters doubles Private rented sector now… Read more »

UK homeownership levels fourth lowest in EU

UK homeownership levels fourth lowest in EU

Britain now has one of the lowest levels of homeownership in Europe, with young people driving the shift to rented living the most. Summary: Homeownership levels in the UK are now the fourth lowest in the European Union Rising property prices and changing generational attitudes towards renting means only Danes, Austrians and Germans own fewer… Read more »

UK property revolution: Why we’re owning less & renting more

UK property revolution: Why we're owning less & renting more

In the first of a new series, we look at why the UK has long been regarded as a nation of homeowners – and why that’s now changing. “An Englishman’s home is his castle.” “Britain is a nation of homeowners.” Clichés they might be, but for many years they rung true. The UK was indeed… Read more »

Northern Powerhouse boosts Manchester graduate retention rate to 70%

Northern Powerhouse boosts Manchester graduate retention rate to 70%

With Manchester generating local jobs at an impressive rate and offering a more affordable lifestyle than London, the city has seen its graduate retention reach 70%. Summary: Young professionals are attracted to Manchester as employment is forecasted to increase by 4.3% over the next five years Manchester has seen its graduate retention rate reach 70%,… Read more »

New generation of tenant values experiences over materialism

New generation of tenant values experiences over materialism

As the UK’s ‘coolest’ brands list for 2016 is revealed, consumers are turning to brands that create memories – and these attitudes are changing UK property. Summary: Apple, Netflix and even Glastonbury are among the top 20 coolest brands in the UK Brands such as Ray-Ban and Chanel fall, as more consumers begin to choose… Read more »

What will a post-Brexit rental market look like?

What will a post-Brexit rental market look like?

The future of the UK’s private rented sector will be heavily influenced by the emergence of build-to-rent. Summary: The UK’s private rented sector will become increasingly institutionalised in the future More people are living in the private rented sector than at any point in history Almost half of people under the age of 25 state… Read more »