A recent study by PropertyLetByUs.com has shown that for a large proportion of landlords their main source of income is from their buy to let properties reports the Landlord & Buy-to-Let magazine
In the article, of the 500 landlords surveyed by the online letting agent, 40 per cent gain some income from their properties and with nearly 50 per cent it is their main source of income. The figures also showed that over a third of landlords have a full time job and of them one in six would prefer to become a full time landlord.
Managing Director at Property Let By Us, Jane Morris said “Buy-to-let continues to provide an excellent return on investment, with many landlords able to take an income, as well as enjoy the capital growth of the property” adding “So for potential investors with enough money to raise a big deposit, buy-to-let is highly attractive, compared to the low savings rates and stock market volatility”
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