Research conducted by the Council of Mortgage Lenders* on UK landlords has found that 49% of UK landlords own their property outright.
The survey of 2,500 landlords also found that 50% of rented properties in the UK are owned by buy-to-let landlords. Of the landlords questioned, 62% of them own a single property, while over half of buy-to-let landlords own more than one.
In fact, the average buy-to-let portfolio is 2.7 properties. This has, however, decreased since 2004, when similar research was conducted. In 2004, over ... read full article