The South East remains top BTL investor location for over 50s

Research from Commercial Trust has shown that despite the recent negative press surrounding the curent state of the housing market in the South, the number of over 50s buy-to-let investors in the area is growing.

Related topics:  Landlords
Warren Lewis
18th April 2018
south east

According to their figures, between 2015 and 2017, 38% of all completed buy-to-let purchases from those aged 50 and over were in the capital and neighbouring South East.

Averaged over the three years, the South East (19.14%) was marginally ahead of London (18.95%) for overall market share for this age demographic. This may be attributed to greater consistency in the South East, which was sustained during 2017, when London saw a sharp fall in purchase activity.

East Anglia proved the third most popular area for investment (12.20%) over the three-year period, closely followed by the South West (11.07%).

A recent report from Retirement Advantage suggested that one in ten people aged 50 or over are likely to invest in property post-retirement.

Meanwhile, a Savills report from this month shows that roughly three quarters of the UK’s housing wealth – amounting to £2.8 trillion of housing equity - was owned by people over the age of 50.

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