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Age of average buy-to-let investor falls, research reveals

The average age of buy-to-let investors has dropped by 10 years since 2014, according to analysis by Manchester-based estate agent yieldit.

Analysing the demographics of its buyers over the last four years, yieldit revealed that the total average age of buyers had fallen from 52.3 to 42, signifying a shift in the sector.

Traditionally, property investment has been viewed as a business for older generations who gain from already having a foothold in the market. However, this new data suggests this might well be changing, with younger people recognising the strength and potential rewards of the UK’s buy-to-let market.

Digging a bit deeper, the analysis highlighted that the fall in age is present across both residential and student buy-to-let, but is more marked in residential sales. Here, the average age dropped from 57.5 to 40.9, compared to 52.3 to 44.2 in the student market over the same period.

“Contrary to the many headlines that paint buy-to-let as being a business reserved for older people, it would seem that there is a wind of change blowing through the market which is resulting in a growing number of younger investors entering the market,” Ryan Hughes, head of sales at yieldit, said.

“Investing in bricks and mortar is as popular as ever and although a small number of our buyers are owner-occupiers, the majority are property investors looking for tenanted buy-to-let.”

He said rising tenant demand and record house prices are continuing to attract a broadening number of people to the market, including a growing number of first-time investors.

“The figures just go to show that the classic portrait of a landlord is changing, something that we believe can only strengthen and revitalise the market.”

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