UK Landlords are in it for the long-term
UK Landlords are in it for the long-term
10th February 2008
UK landlords are still committed to buy-to-let in the long-term despite recent market turbulence, according to independent research commissioned by The Money Centre.
In a survey of almost 500 landlords, over half said they expect to stay involved in property letting for more than 10 years:
• 26% said they expect to stay involved in property letting indefinitely;
• 5% for over 20 years;
• 22% for 11-20 years;
• 19% for 6-10 years.
Only 17% said less than 5 years and 11% said they were unsure.
This was echoed across the board of landlords, from those with only one or two properties to those with a portfolio of more than 20, indicating that it is not just the professional landlords who have faith in the market.
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