Insurance News Archive

Two-thirds of female landlords aiming to expand portfolio

Almost two-thirds of female landlords intend to expand their property portfolio in the next year, while a third say the credit crunch has had no effect on their business plans, according to the latest research.

A survey by the National Landlords Association reveals that women are positive about the future of buy-to-let investment, with 87 per cent saying they believe property generates a better return than interest in savings.

In addition, three-quarters of respondents said they would rather spend their cash on bricks and mortar than leave it in the bank.

The research also reveals that women are changing the face of the sector, with 63 per cent providing a rent freeze for long-term tenants struggling in the recession, ten per cent have reduced fees and over a quarter are including added extras.

Recently, research by the Association of Residential Lettings Agents found that landlords are buying more properties than they are selling for the first time in two years.

29 Apr 2009