x
By using this website, you agree to our use of cookies to enhance your experience.
STAY CONNECTED!
    
newsletter-button
award
award award
award award

TODAY'S OTHER NEWS

One in six BTL investors set to boost portfolio despite red tape

One in five UK landlords have entered buy to let without even planning to, finding themselves with a property ‘accidentally’ or through inheritance, according to a survey.

When asked how they first became a landlord, 14 per cent stated this was via an accidental circumstance such as marriage or relocation. Almost one in 10 inherited their properties.

Some 23 per cent of those questioned by the Foundation Home Loans survey became  landlords purely for financial reasons, considering it to be an attractive investment, with another 21 per cent planning to use earned rental income to fund their retirement plans. 

A fifth classed themselves as full time landlords without another job, with the greatest proportion doing so in London.

Regardless of how they entered the sector, 17 per cent suggested they would be increasing the size of their portfolio in the next 12 months.

Poll: Do you know landlords likely to buy more BTL units this year?

PLACE YOUR VOTE BELOW

icon

Please login to comment

Zero Deposit Zero Deposit Zero Deposit
sign up