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Written by rosalind renshaw

Landlords with properties in London have expressed strong optimism, with the huge majority expecting to see rents rise, and no anticipation of price falls.

They are almost twice as optimistic as landlords with properties outside London

A total of 91.3% of London landlords believe that residential property prices in the capital will either be the same as now in a year’s time, or higher. That statistic compares with 54.4% outside London.

Similarly, 83.8% of landlords in London expect to see rents rise in London over the next 12 months, compared with 50.6% outside London.

The statistics emerge in a quarterly survey of 500 landlords by Young Group, a business that includes a property investment wing as well as a letting and management agency and mortgage broker.

The survey found that 38.2% of investors intend to keep their property assets for the next 20 years or more and have been landlords for 6.8 years.

Nearly half (46.3%) of landlords are considering purchasing additional property assets within London over the next 12 months, compared with just 13.3% who are considering buying property outside London.

The average landlord is aged 43.7, is investing in property to provide a pension, and regards capital growth as more important then total returns. Most landlords (60.9%) have not refinanced a property for more than 18 months.

The average loan to value is 58.6%.

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