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Tenants ‘make worse neighbours’

by ben.wilkie
December 11, 2017
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WindowsNew research from HSBC suggests that people who rent tend to be less neighbourly than homeowners.

As the number of tenanted properties rise, the survey found that fewer renters know their neighbours, socialise with them or share help with them.

For example, only eight per cent of renters surveyed said they will feed their neighbours’ pets or clear their post while they are away. But 19 per cent of owners said they have done this.

Stuart Beattie, head of secured lending, at HSBC commented: “The difficulty in taking a step onto the property ladder for many first-time buyers has meant that many are remaining in rented accommodation for longer. However, just because you do not own your own home does not mean that you cannot get to know those living around you.”

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Tags: property investmenttenants
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