In our Q2 2024 BTL barometer, brought to you in conjunction with the Pegasus Insight Landlord Trends research report, we evaluate the trends which are impacting your landlord clients and how their portfolios are currently shaping up. The latest data shows that the average NRLA landlord has been letting property for close to 18 years.
Within this, almost half (45%) are ‘very experienced’ and have been active as a landlord for over 20 years. This level of experience is reflected in the older age profile of NRLA members, with 77% aged 55+ and 39% retired. Those who have been operating for longer, typically, have larger, more diverse portfolios which achieve a higher yield on average vs. those newer to the PRS.