Phone Us

A third of landlords see their property portfolio as a long term investment

A third of buy-to-let property purchasers see their portfolio as a long term investment plan, suggests new research.

Landlord Property Investments

A third of buy-to-let property purchasers see their portfolio as a long term investment plan, suggests new research.

Conducted by Precise Mortgages, the Mortgage Voice report found that 27% of the respondents viewed their property portfolio as a valuable part of their retirement plan, indicating their intent to keep their properties long into their retirement.


In addition, a further 18% of those surveyed said that they would be looking to retain their properties until retirement age.


With just 12% of landlords surveyed aged 55 or over, the considerable proportion of buy-to-let property owners looking to hold onto their asset until, or during, retirement indicates the level of commitment that these investors have to the property market.


The report also highlighted that a large number of landlords are looking to expand their property portfolios, with 18% indicating that they were looking to purchase a further one or two properties, whilst 7% were looking to build their portfolios by five or more properties.


There has also been an increase in the number of opportunistic landlords (those who become landlords through means other than property purchases). 21% became landlords when they moved into a property already owned by their partner, while 28% inherited a property which they subsequently rented out.


The continued high returns on buy-to-let properties, in addition to growing demand for rental properties is helping to maintain the appeal of the buy-to-let market for purchasers.

X
Cookies on our website:
This website uses cookies.
I'm OK with this Cookie Settings ?