There’s been a 50% increase in enquiries for pet friendly properties as a result of the pandemic, proptech rental service Home Made has found.
As a result, it may be profitable for landlords to make their properties available to those with pets, despite the wear and tear that can cause.
Asaf Navot, founder of Home Made, said: “It seems many people have got a new pet during the pandemic or are planning to as they see they can work from home more in the future.
“The upshot is, landlords wanting to fill properties in the coming months need to adapt to this.
“Pets do tend to cause a little more wear and tear so consider hardwood floors over carpets, new furniture better suited to withstanding the impact of pets and bear in mind that tenants with pets usually stay longer.”
He added that renters are particularly keen on new builds, as there’s been a 21% increase in renters looking for new homes compared to old ones.
Meanwhile places with gardens are likely to see more demand.
In cities renters are likely to avoid public transport, meaning bike storage facilities and being in proximity to cycle lanes could add value.
BY RYAN BEMBRIDGE
Source: Property Wire