Renters have a Major Influence on the Outcome of the General Election

There has been some new research done by the insurance giants known as AXA. They have stated that in future elections, they are going to be influenced by the UK and the power that it has to grow. Of course, there is also way more private renters now when compared to ever before. A lot of new research has been done and it shows that future elections are going to be set and that they are also going to be way more influenced when compared to ever before as well. Of course, it is important to know that 53% of voters were private renters in 2017 and this is a huge jump when you look at some of the previous elections. This could rise to 69% if there is going to be a snap election and this is very interesting to say the least. Those who work in letting recruitment, lettings jobs or even property management jobs will know this more than anyone. The annual research has been done and it is also been done on 2000 tenants across the UK. They have shown that if there is an epidemic then this could really fuel even more political engagement.

Of course, it is important to know that 72% of renters happen to suffer from financial anxiety and this affects their sleep as well. They have also stated that this goes way beyond the British high of 69%. The single biggest trigger is the fact that they are not able to save enough to put their deposit down and that they also find it hard to pay their own rent as well. Female renters tend to save a third less every month when compared to male renters and the areas of Scotland and even Wales are even lower when you look at the saving ability. As a result, two out of three tenants who are under the age of 35 have sated that they are looking for a cheaper alternative when compared to renting.

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