A poll claims that 36% of UK adults feel that to become a buy-to-let landlord is 'extremely risky'

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2,000 people were included in the survey and there were two major concerns over becoming a landlord because of tenants damaging the property and having to repair toilets – both came in at 63%. A close third reason for grave concern, was that 62% said loss of revenues would be incurred if the property experienced vacant periods.

The survey was carried out on behalf of a student property investment consultancy.

There are around 1.6 million UK buy-to-let investors which have risen by 120,000 in 2014. The survey also highlighted  39% of people polled  in London and 38% in the West Midlands believe that property market will continue to rise, whereas only 21% in the North East felt the same.

 

The pension reform is now upon us and this could mean a surge of new landlords entering the buy-to-let sector and the survey believes that out of the new investors, 1 in 8 would invest in student property.

The Survey company’s James Harrington said: “Purpose built student accommodation is designed to mitigate the key concerns expressed by investors in this survey. Not only are they operating within a market that delivers far greater yields than traditional buy-to-lets, but also, as the result of onsite property management and guaranteed returns, provide a hassle-free passive income, with zero costs and complete peace of mind.”