‘Silver landlords’ trend set to continue in 2015
The Mistoria Group research revealed that there was more than a 20% increase in silver landlords buying student property last year. In April, when the new pension rules are introduced it is estimated that around 200,000 people will cash in their pension and that approximately 32,000 (16%) are expected to use the money to fund a property purchase, according to Ipsos Mori research.
Investing in student accommodation offers retirees a long-term investment option, as the property is highly likely to be in constant demand throughout the calendar year. Typical rents are significantly higher for student properties, than a comparable buy-to-let property in the same city.
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