More landlords rely on property for pensions
By |Published On: 30th November 2012|

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More landlords rely on property for pensions

By |Published On: 30th November 2012|

This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.

Landlords are beginning to see their property portfolio as their pension, new findings from BM solutions and BDRC continental suggest.

470 landlords were questioned for the survey in the final two weeks of September this year. The report shows that 80% of landlords see their property as an additional income to their pension fund.[1] 60% of landlords questioned in the survey also said that they are planning to live off the rental income generated by their portfolio.[1] A small number said that they would look to sell off their properties when they came to retire.

More landlords rely on property for pensions

More landlords rely on property for pensions

 

38% of landlords questioned said that they had looked at other sources of income to supplement them in retirement. Of this number, a third said that they chose to enter the buy-to-let market believing that it would offer the most substantial returns.[1]

[1] http://www.landlordtoday.co.uk/news_features/More-landlords-relying-on-property-for-their-pensions

 

 

 

About the Author: Em Morley (she/they)

Em is the Content Marketing Manager for Just Landlords, with over five years of experience writing for insurance and property websites. Together with the knowledge and expertise of the Just Landlords underwriting team, Em aims to provide those in the property industry with helpful resources. When she’s not at her computer researching and writing property and insurance guides, you’ll find her exploring the British countryside, searching for geocaches.

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