Wednesday, March 12, 2014

Landlording a 'cottage industry'

Despite the image sometimes portrayed in the media of the big Rachman style landlords who exploit their tenants mercilessly it appears that the reality is nothing like this.  In reality the landlord community is a bit of a cottage industry.

Just 6% of landlords own more than one property.  In addition the research shows that over half (56%) of all landlords live within 10 miles of their rental properties. 

The north-east has the highest proportion of landlords (86%) that live within 25 miles of their rental property.

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1 comment:

  1. I'd be interested in hearing the breakdown of the 6%. How does this differ depending on location? What is the source of these stats?

    Cheers,
    Antony

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