The report shows that the proportion of landlords in their 40s acquiring new property has remained fairly consistent over the ten-year period. In 2014, it was 34%, and in 2023, it was 32%.
On the other hand, there was a more noticeable drop in the proportion of landlords in their 50s and 60s acquiring new property. The proportion of 50-somethings fell from 29% in 2014 to 20% in 2023. Ten years ago, landlords in their 60s accounted for 10%, and this has decreased to 6%.
However, the proportion of younger landlords is growing. 30-somethings now account for 31% compared to 21% ten years ago. Landlords aged between 18 and 29 made up 6% of purchases in 2014, rising to 10% in 2023.