Private Renting Sector

The Private Renting Sector refers to properties owned by individual landlords or private companies that are rented out directly to tenants. It’s a common way for people to find housing without buying a property. Tenants typically sign a lease agreement that outlines the terms, including rent amount, duration, and responsibilities. This sector offers flexibility and a wide range of housing options, from apartments to houses. However, conditions and prices can vary, and tenants generally have less security than homeowners or those in long-term social housing arrangements.