20 Apr

Female landlords on the rise

Female landlords on the rise

Two in five landlords in the UK are now female, according to new research.

Simple Landlords Insurance revealed 40 per cent of landlords are women, with many of them using their letting income to supplement other income.

The study also found women are more likely to have become landlords accidently initially, with 48 per cent choosing to become buy-to-let investors compared to 61 per cent of men.

It was also concluded that female landlords are more likely to rent to a greater diversity of tenants compared to male landlords, with 35 per cent willing to consider housing benefit recipients, compared to 25 per cent of men.

“As recently as 1970 women could be refused a mortgage without a male guarantor. But buying, selling, renovating, and renting property is no longer just for the boys,” said Alexandra Huntley, Simple Landlords Insurance head of operations.

“Those stereotypes are firmly consigned to history. Women have been steadily gaining ground over the last 50 years and are increasingly gaining financial independence through property investment,” she added.ADNFCR-1222-ID-801834927-ADNFCR

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