Money Street News


Similar to the HMO hotspots, it’s unsurprising to see that portfolio landlords focus on big cities with high rental demand and lots of property options to choose from.

Read more: The ultimate guide to building a property portfolio

The type of property you rent out is likely to have an impact on the prospective tenants it attracts.

For example, houses could be more popular with families, while flats may appeal to young professionals, and bungalows could be more suitable for older renters.

We’ve taken a closer look at where the most landlords took out insurance policies for different property types during 2023.

Houses

The top hotspot for detached houses was Nottingham, while London was most popular for terraced and semi-detached houses.

Maisonettes and bungalows

London was the most popular location for landlords renting out maisonettes, followed by Birmingham, and Southampton.

Meanwhile, Nottingham, Norwich, and Leicester were the top buy-to-let areas for bungalows.



Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


No, thank you. I do not want.
100% secure your website.