As new research from the BDRC Continental Independent Landlords Panel Survey found that more than one in four private landlords don’t owe anything on their rental properties and are making a full time living out of property investment. Belvoir Sheffield, the leading letting agent in Sheffield investigates….
Their search revealed that 28 percent of landlords own their letting portfolio outright without any buy to let mortgages. In addition, 1 in 4 landlords questioned said that they made a profitable full time living from letting.
Rick Flay, Director at Belvoir Sheffield, who offer a wide range of property to rent in Sheffield, said: “These new figures are a very positive sign for those with existing portfolios and for new investors. Yet again property investment is a more profitable method of saving money than traditional investments which is great news from our perspective.”
Rick, whose letting agency on Campo Lane in Sheffield, specialises in providing flats to let in Sheffield added: “Although these figures are great news, they can be deceptive. The landlords that make the most profitable income from residential lettings are those who seek professional advice and those who have many years’ worth of experience.
“Anyone thinking about entering the market for the very first time should use the services of a professional lettings agent such as Belvoir Sheffield to get the most out of their investment.”
Belvoir Lettings Agency Sheffield is the One Stop Specialists for Lettings including Property Management, Tenant Find, Investment and Wealth Management Advice, Fit-outs and Renovations, Furniture Packs, Buy to Let Mortgages and Investment Property Insurances.
