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I stumbled across this June 2013 study for this first time recently, Understanding Landlords, which says it is a "study of private landlords in the UK using the Wealth and Assets Survey" It is quite a substantial report. Two of the authors (Lloyd and Barnes) have had roles in government as policy advisers. As you might expect PRS landlords tend to be better off, however the thing that tickled me is the following which is mapped out in Chapter 6 of the report. All comparisons I give here are relative to non-landlord homeowners: PRS landlords are: Less likely to own their own home outright and more likely to have a mortgage Far more likely to have a larger, more expensive home Far more likely to have a large (£200k+) mortgage outstanding against their home Far more likely to have in interest-only mortgage More likely to have a mortgage at higher LTV (60%+) Far more likely to have significant equity in their own home (£175k+) There are other interesting bits and bobs in the report. Considering the leveraged landlords in the sample, from my particular perspective, being whether or not these guys might make good foam on the runway during a correction, what really caught my eye is that they've really bet the lot on UK residential property as, the rental properties aside, it's the bubble equity in their own homes which looks to be the core of their balance sheets. They'll make reasonable foam, but they are unlikely to have a pot to piss in after a correction unless they deleverage aggressively before the housing market turns. You have to admire their faith in property.
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