LETTINGS NEWS :- Property still easily the most popular form of investment
A government survey of 5,000 people shows buy to let as the most popular way of providing long-term income. The Office for National Statistics’ Wealth and Assets Survey reveals:
- 49% regard property as the safest investment with best returns;
- in second place comes employer pension schemes on 22%;
- ISAs and savings accounts trail in third spot.
Buy to let’s enduring popularity (it has topped this survey every year since 2012) is down to increasing demand from tenants. Property consultancy Knight Frank says a sixth of the adult population now privately rent, double the volume 15 years ago.