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12
Oct
2009
Individuals letting a property have seen the average age of tenants increase during the past three years.According to research by Spareroom.co.uk, the average age of a tenant is now 28-years-old, which is up from 2006's average of 25-years-old, the Press Association reports.This highlights the increase in demand for rental properties, with many younger people unable to get on to the first rung of the property ladder.The Scottish town of Paisley has been shown to have the oldest tenants, with an average age of almost 40. This is closely followed by Motherwell (33.4) and Halifax (just over 33).Scotland also has the youngest average tenant age, with the figure in Dundee standing at just over 22.The average age in Aberdeen is 22.4 years-old, while the youngest English renters reside in Huddersfield (23.2).Spareroom.co.uk also revealed an increase in the age of live-in landlords over the past 18 months, from 29-years-old to 33-years-old.Previous Spareroom.co.uk research recently revealed that Scottish students had seen the largest increases in rent over the past two years.Get a landlord insurance quote today from Simple Landlords Insurance.