It's a family affair

Posted: 18 Jan 2007 10:29:11 GMT


            Property News - It's a family affair

Buy-to-let is a family affair research for Standard Life has revealed, with 68 per cent of rental investments being made in collaboration with immediate family members

Buy-to-let is a family affair research for Standard Life has revealed, with 68 per cent of rental investments being made in collaboration with immediate family members.

More than half of all buy-to-let investments in the capital (58 per cent) are joint affairs between married couples and ten per cent are in conjunction with other relatives.

A quarter of landlords said that they had originally become 'accidental' investors after receiving an inheritance or windfall.

Another 32 per cent take a more structured view saying that their property investment was intended to secure their financial future and one in five say it is a business to them.

A fifth of landlords did not enter the market until they were in their 50s, but a third are in their 30s.

Almost 70 per cent said that they use their rental yield as their main source of income or aspire to doing so in the future.


Sky - Unlimted Broadband & TV
BT Broadband - Plus FREE BT Sports
Virgin Media - Superfast Broadband & TV
Gas & Electricty - Save up to £533
Mortgages - Find the cheapest
Home Insurance - Compare 70 providers
Free Credit Check - Check your credit file
Conveyancing - Fast Free quote
Tax Saving Guides - Tips to save Tax