Stuart Law, CEO of Assetz, comments on the changing profile of buy-to-let landlords:

“We have seen the age profiles of buy-to-let landlords broadening significantly, particularly over the last five years. Retired and semi-retired people are starting to invest in BTL in increasingly greater numbers since the credit crunch annihilated their income from bank savings accounts with near zero savings rates. This is in contrast to the situation in the last ‘boom’ which saw savvy 20-somethings speculating on property. Now the bias is more towards cash rich 40 to 60 year olds looking for pension provision.”

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