Nearly one in 10 rented homes in the UK could be a bungalow in the next 10 years, research from Paragon bank has revealed.
A survey of over 1,300 tenants in the private rented sector (PRS) showed that currently 3% of people live in a bungalow, but 9% of respondents expect to rent this type of property in 10 to 15 years’ time.
The increase correlates with a forecast increase in older tenants living in rented homes over the same period.
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