7 Mar

Social media aids finding property to rent in UK

Social media aids finding property to rent in UK

People looking for houses to rent in the UK could benefit from the rise of social media sites.

A "Twitter revolution" is predicted among tenants, according to the Young Group.

Occupers will become more knowledgeable as information is shared through social media sites.

In addition, estate agents could use social networking to communicate and reach out to their clients.

Neil Young, chief executive of the Young Group, said: "Occupiers will … become more knowledgeable and empowered as information becomes increasingly accessible.

"Innovative use of technology … [could] drive a better more transparent experience … and closer, flexible relationships with landlords and occupiers."

Consumer focus groups are calling for a landlord rating website, allowing tenants to give online feedback about property to rent in the UK.

Only 15 per cent of tenants surveyed were able to find all of the information they wanted about a letting agency or landlord, according to the watchdog.
However, references, deposits and other personal information means buy-to-let investors are well-informed about new tenants.ADNFCR-1222-ID-800446909-ADNFCR

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