Tag Archives: Tenants

40% Of Landlords Are Women

Female LandlordsLandlords may like to set aside some time to read the Simple Landlords Insurance – Women in Property Report 2017 with 500 tenants and 400 landlords participating in the survey. The report contains many interesting statistics one of which is that around 40% of landlords here in the UK are now women.

Compare this with the fact that in the region of 17% of women are owners of business then the percentage of women that are landlords rather stands out. So, what are some of the differences in relation to male and female landlords?

Although the main reason why men and women invest in property is to generate monthly income, females were more likely to do so than men. A larger percentage of men invest for capital growth.

When a new tenant moves into a rental property women landlords are much more likely to speak to them than men. The same applies when the tenant moves out. However, there are a slightly greater percentage of women landlords who never personally speak to their tenants in comparison to male landlords.

Women landlords are more likely to rent to people that are on housing bHome Insuranceenefits as well as students, those people that have retired and single employed people than male landlords. Male landlords are more likely to rent to family tenants than female landlords are.

Most tenants did not mind whether their landlord was male or female. However, 15% of male tenants preferred a landlord that was male and 11% of females preferred a female landlord.

Female landlords were more likely to have a smaller portfolio of investment properties (1 to 2 properties) than men. Male landlords were more likely to have a larger portfolio of properties (3 to 10 plus properties) than female landlords.

Women landlords were less likely than their male counterparts to have bought an investment property to let out with the assistance of a buy-to-let mortgage. More women owned their investment properties outright than male landlords.

It is interesting that women landlords were more confident about the year ahead than male landlords in respect of their investment property portfolios.

More information can be found in the above report that may prove of interest to both male and female landlords.

If you are a landlord then why not get in touch with us here at AIB Insurance on 02380 268 351 and we will be happy to discuss your insurance requirements and obtain quotations from our extensive panel of insurers.

In Which Part Of England Are Tenants Most Satisfied With Their Landlord?

LandlordsThe National Landlords Association (NLA) has recently carried out some research into how satisfied tenants are in various parts of England with their landlord.

Interestingly, throughout all the English regions, 79% of tenants stated that they were pleased with their landlord.

The research revealed that tenants in the East Midlands are the happiest with 83% of those tenants taking part in the survey in that part of the country expressing their view that they were satisfied with the relationship they had with their landlord. People renting in the South West and North West of the country were jointly second in this satisfaction survey with 82% being satisfied – only just below the East Midlands. In third place were tenants living in the South East at 80%.

The West Midlands was in fourth spot with 79%. Yorkshire and the Humber was in fifth place with 73%. London was in sixth spot on 72%. East of England finished in seventh place on 71% and in last spot was the North East with a disappointing 67%.

As you can see, whilst the majority of tenants are satisfied with their landlord, there is quite aLandlords wide difference in terms of satisfaction between the East Midlands (83%) and the North East with only 67%. To have such a difference does seem strange and begs the question why?

There will no doubt be a variety of reasons why some tenants are unhappy with their landlord and, in a number of cases, there may be “two sides to every story”. However, it would undoubtedly be preferable if both parties got on with one another. After all, it is probably easier for a tenant to accept a rent increase if he or she is happy living in the rental property and a tenant is more likely to respect and look after the property, fittings and its contents if they are satisfied with their landlord. Apparently, the NLA can provide training for landlords to assist them in improving standards.