What Does A Typical Landlord Look Like?

In June 2018, Foundation Home Loans analysed 1,000 landlords and asked about their views on UK buy to let. The key findings are outlined below:

  • The typical landlord is male & 55 years+
  • 72% own property in the region that they live whilst 28% own property in a different region
  • 1/3 of the landlords surveyed have been landlords for 6-10 years
  • 21% entered the market to use rental income to help fund their retirement; 14% entered the market through accidental circumstances like marriage or relocation; 23% purely for financial reasons
  • 600 of the 1,000 were part time landlords with other jobs
  • On average landlords, remain one for 10 years whilst portfolio landlords for 15 years
  • 37% of portfolio landlords plan on passing properties to their children whilst 22% intend to sell them all
  • Portfolio landlords are more likely to be expanding their portfolios over the next 12 months
landlords blog