Buy To Let Investments Split Nears 50:50
Women now make up 48 per cent of the 2.6m buy to let investments in the UK, according to London lettings agent ludlowthompson.
The number of residential property landlords who are women increased two per cent to 1.25m for the most recent tax year, up from the 1.2m a year earlier.
ludlowthompson says historically, buy to let investments have been a more popular asset class amongst female investors than other assets. For example, women account for only 44 per cent of investors in stocks and shares ISAs, and only 15 per cent of traders in the controversial cryptocurrency Bitcoin.
ludlowthompson says that women now receive 44 per cent of all income from buy to let investments – that’s £16.1 billion of a total of £36.4 billion – and that this figure has grown by over a quarter since 2014/15.
Agency chairman Stephen Ludlow says: “The buy to let market has built a reputation of delivering long-term, stable returns to investors looking for income and long-term growth.
“With the gender gap in buy to let ownership narrowing year-on-year, it might not be long until we see a 50:50 gender split amongst investors. This is a significant step considering the much wider ownership gap in other asset classes, such as equities and cryptocurrencies.
“Buy to let property is popular across investors of all different risk appetites. It is a sensible way to diversify an investment portfolio and you are competing against fewer professionals investors than in stock market investments.”