PRESS RELEASE: Average age of UK landlords drops

27th May 2021

By Knight Knox

The average age of British landlords has decreased, with almost half (47 per cent) of landlords now aged under 40.

That compares to just three years ago (2018), when just 29 per cent were aged under 44. The insight, from Knight Knox, shows that landlords are getting younger — and that they’re making more money from rental income than their older counterparts. The average income per year is highest for the very youngest landlords, with those aged between 18 and 30 generating an average £25,481 a year, according to a research base of 500 private landlords.

Andy Phillips, commercial director, from Knight Knox said: “Landlords in the UK are getting younger and they’re more willing to invest in the market in order to grow their portfolios quickly. It’s really quite remarkable to find that almost half of British landlords are aged under 40 and shows that property investment isn’t exclusively for the elite.

“In 2018, 50 per cent of landlords were aged over 55. Our latest research shows that this has declined to just 26 per cent being aged 51 or over. The face of modern landlords in the UK is changing and it’s the younger generation which is seeing the greatest opportunity,” Phillips added.

Knight Knox, which specialises in the sale of off-plan buy-to-let properties for the private investor market, surveyed 500 private landlords in March 2021 with One Poll.

The research also showed that younger landlords are also more optimistic about the future. 54 per cent of under 30s surveyed were ‘very confident’ about the market predictions for the next 12 months — compared to 15 per cent of over 51s who said the same. 47 per cent of under 30s plan to buy another house within the next year.

However, while landlords are getting younger, the number of homes landlords own on average has dropped slightly, from 2.5 to 2.1.

Did you find this article helpful?

Our most recent articles

PRESS RELEASE: Average age of UK landlords drops

27 May 2021

The average age of British landlords has decreased, with almost half (47 per cent) of landlords now aged under 40.

That compares to just three years ago (2018), when just 29 per cent were aged under 44. The insight, from Knight Knox, shows that landlords are getting younger — and that they’re making more money from rental income than their older counterparts. The average income per year is highest for the very youngest landlords, with those aged between 18 and 30 generating an average £25,481 a year, according to a research base of 500 private landlords.

Andy Phillips, commercial director, from Knight Knox said: “Landlords in the UK are getting younger and they’re more willing to invest in the market in order to grow their portfolios quickly. It’s really quite remarkable to find that almost half of British landlords are aged under 40 and shows that property investment isn’t exclusively for the elite.

“In 2018, 50 per cent of landlords were aged over 55. Our latest research shows that this has declined to just 26 per cent being aged 51 or over. The face of modern landlords in the UK is changing and it’s the younger generation which is seeing the greatest opportunity,” Phillips added.

Knight Knox, which specialises in the sale of off-plan buy-to-let properties for the private investor market, surveyed 500 private landlords in March 2021 with One Poll.

The research also showed that younger landlords are also more optimistic about the future. 54 per cent of under 30s surveyed were ‘very confident’ about the market predictions for the next 12 months — compared to 15 per cent of over 51s who said the same. 47 per cent of under 30s plan to buy another house within the next year.

However, while landlords are getting younger, the number of homes landlords own on average has dropped slightly, from 2.5 to 2.1.

Knight Knox

Did you find this article helpful?


Our most recent articles