Landlords survey Q1 2010

The latest landlords survey by the Young Group indicate that landlords still see buy-to-let as a long term investment.

Fifty five percent of landlords indicated that they were looking to hold their buy-to-let investments for 10 years with 38% or over a third of landlords looking to keep their buy-to-let investment for 20 years or more.

Other results from the Landlords survey were as follows:

95% of buy-to-let investors intend to hold their residential property investments for the next 12 months.
· 55% intend to hold their assets for at least 10 years.
· 38% of landlords intend to retain their property investments for the next 20 years or more.
· The average period that residential property investors expect to hold their property investment assets is now 13.6 years.
· 47% of investors are considering purchasing additional residential property assets within London over the next 12 months.
· 16% of investors are looking at opportunities in the UK outside of the capital.
· 87% of respondents believe that London prices will be at current levels or higher by this time next year.
· For UK property outside of the capital, 47% expect prices to be at current levels or higher by this time next year.
· Landlords expect to see an average price increase of 2.5% by this time next year, up from the 1.48% predicted last quarter.
· The predicted 12 month outlook for UK property prices outside the capital turns from a fall to an increase for the first time since the credit crunch, at 0.2%. This compares to a drop of 1.0% predicted last quarter.
· The average base rate expectation for Q2 2011 stands at 1.14%, down from the 1.25% predicted in last quarter’s Index.
· The majority of investors (55%) are holding property to finance their retirement.
· 52% of respondents believe capital growth to be more important than rental income or total annual returns.

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