According to leading buy-to-let mortgage provider Paragon
the majority of landlords in the private rental sector are highly experienced, with over two thirds (66.5%) having been a landlord for 11 or more years. On average, residential landlords’ portfolios consist of 13.2 properties, with the average portfolio worth £1.52m. The average level of borrowing across a landlord’s portfolio is less than 50% of the portfolio’s value.
Flats, apartments and maisonettes comprise 43% of the average portfolio, with terraced property being the next most popular property type (38%). Semi-detached property accounts for 11%, followed by detached houses at 3%.
Does this sound like you? Or is there no such thing as an average landlord....
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