This is putting pressure on landlords and housing associations in the UK rental market to stay up to date with the latest trends so they can reduce vacancy rates and capture quality housing tenants.
As well as tenants beginning to demand even more for their money, it has also been found that demand for private rentals and rentals through housing associations schemes has risen.
How are tenant demands changing?
Landlords and property management businesses are now expected to provide the clearest, cleanest tenant experience possible. This includes increasing ease of access to services such as property maintenance, rental payment records and community engagement through the development of innovative online platforms.
Furthermore, those who support vulnerable people through housing solutions are being called upon to integrate new technologies that can assist an ageing population, as well as those with disabilities and mobility issues so that potential health deterioration can be monitored and treated faster where required.