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Female Landlords Wish to Expand Their Property Portfolios

A recent opinion poll revealed that female landlords are keener to expand their buy to let property portfolios this year. The figures showed that the vast majority, that is, 62% of respondents, intends to buy at least one residential property in the next 12 months. It is interesting, that 1/3 of the 500 respondents, that is, 32%, claimed that the serious lack of buy to let mortgages would not put any obstacles in their way of owning more residential rental properties. This figures revealed that many landlords have liquid cash despite the fact that the number of vacant properties and rental arrears rises. One of the reasons that explain the desire of female buy to let landlords invest more funds in buy to let properties is the banks’ savings rates that give almost nothing in terms of interest, even if the money is deposited in so-called high savings accounts. One in nine respondents, that is 90%, still believes that the real estate sector offers the best investment opportunities despite the problems that the housing market now faces. Melissa Porter, a consultant who has been working as a consultant in the real estate sector for many years, claims that residential rental properties is a highly empowering venture as it gives the property owner a real sense of control. She also said that professional landlords have an ability to transform their own lives as well as the lives of their tenants.

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