UK landlords better-off than EU investors

UK landlords experience shorter void periods than their European counterparts.

That is according to new research from Birmingham Midshires, which shows that buy-to-let investors in this country endured just 15 days of having no tenants in the last 12 months.

This compares favourably with the other countries included in the survey, with Portugal (56.6 days), Poland (62.6 days) and Germany (88.9 days) all experiencing longer void periods.

British landlords were also revealed to be more likely to use their investment properties as their main form of income.

Birmingham Midshires found that 17 per cent of UK buy-to-let investors used their properties in this way, compared to two per cent in Portugal and none in Germany and Poland.

"Across Europe the norm is to buy well into your thirties. The UK is moving to a more continental European mindset with home ownership no longer the be all and end all," said Steve Sandiford from the firm.

"While the UK has a clearly defined concept of a 'buy-to-let' mortgage - it appears to be something that is unique," he added.

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