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

See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 55,242 | UK Deaths: 6,159 | UK Recovered: 135 SEE MAP Italy Confirmed cases: 135,586 | Italy Deaths: 17,127 | Italy Recovered: 24,392 SEE MAP Spain Confirmed cases: 141,942 | Spain Deaths: 14,045 | Spain Recovered: 43,208 SEE MAP See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 55,242 | UK Deaths: 6,159 | UK Recovered: 135 SEE MAP Italy Confirmed cases: 135,586 | Italy Deaths: 17,127 | Italy Recovered: 24,392 SEE MAP Spain Confirmed cases: 141,942 | Spain Deaths: 14,045 | Spain Recovered: 43,208 SEE MAP

TODAY'S OTHER NEWS

Revealed: The most attractive cities for buy-to-let in 2020

More than 800 landlords have been surveyed to establish where they feel offer the best buy-to-let investment opportunities in 2020. 

The study, undertaken by landlord insurance provider Simply Business, shows that London and Manchester are the cities where landlords expect the buy-to-let market to perform best this year.

Combined, the two cities received over a third - 18% each - of votes when asked which city represents the best investment opportunity.

Manchester’s buy-to-let market is supported by the city’s strong student population and burgeoning media scene, while London appears to offer room for capital growth after property prices dipped in the capital by an average of 1.8% in 2019. 

The research also suggests that landlords believe buy-to-let prosperity will be well spread across the UK’s regions in 2020.

Liverpool and Birmingham came in as joint second with both cities securing 10% of the vote among landlords when considering where their next investment in 2020 lies. 

The top 10 cities that landlords feel offer the best investment opportunities in 2020: 

1.     London and Manchester (joint first) 

2.     Birmingham and Liverpool (joint second)

3.     Edinburgh

4.     Bristol 

5.     Leeds

6.     Oxford

7.     Glasgow

8.     Cardiff

9.     Southampton

10.   Sheffield 

Bea Montoya, chief operating officer at Simply Business, said: “Buy-to-let landlords are crucial to the UK economy, contributing a combined £16.1bn through pre-tax spending. 

“The sector also now houses 20% of British households and has a huge presence up and down the country, so it’s wholly encouraging that landlords view a broad spread of regions as attractive areas to invest this year.

“London usually comes out on top for being the most expensive city to invest in property in the UK, but falling house prices are making it an attractive place to invest once again.

“We know a quarter of landlords are planning to sell at least one property this year, largely due to government reform and tax changes, so it’s reassuring to see that landlords are still eying up investment opportunities up and down the country.”

icon

Please login to comment

Zero Deposit Zero Deposit Zero Deposit
sign up