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Landlords choosing buying over selling for the first time in 4 years! đŸ„‡ Not surprising with returns like this! (25.1% ROI example below) đŸ“©

For the first time in four years, the proportion of Landlords who say they plan to expand their portfolios is higher than those who say they intend to reduce 🏆

➡ Specialist BTL lender Paragon Banking Group PLC consulted almost 900 landlords 📋
➡ Nationwide average: 19% intend to invest in property in next 12 months 💰
➡ In East Midlands: the figure is 26%! 😊
➡ For Landlords with larger portfolios: 31% intend on expanding đŸ’č 
➡ Just 17% of Landlords intend on selling at least one of their properties over the course of the next year 🏡
➡ This is drop from the previous two quarters and marks a return to the same level seen in Q2 of 2020 (when lockdown was announced) 🔒

💬 Richard Rowntree, MD for mortgages at Paragon says that not only is this good for the industry but more importantly, it provides better choice, moderated rents and higher standards for Tenants ✅

🔍 With mortgage rates so low, click here to see our 25.1% return on investment: https://lnkd.in/eQervpw

🙋‍♀ Want to invest in property? Contact our team for all the right advice đŸŠč‍â™€ïžđŸŠž‍♂


Posted 07 May 2021
by Ali Baylav Managing Director Cavendish Residential

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