Over 40s most likely to become first-time landlords

According to a new survey by Rentguard Insurance, between 40 and 49 years old is the most common age for those becoming a landlord for the first time.

Some 40% of those purchasing a buy-to-let investment for the first time were in this age bracket.

They were followed in second place by those in the 50+ age bracket (24%) and those aged between 30 -39 (19%). The landlord insurance specialists asked customers the question ‘How old were you when you first became a landlord?’ on the Property Eye section of their website.

Perhaps surprisingly, 17% of those surveyed were aged just 20-29 when they became a landlord for the first time.