The age of landlords acquiring new rental property has fallen due to an influx of investors in their 30s, Paragon Bank research has revealed.
The average age has fallen from 46.4 in 2014 to 42.9 last year.
Nearly a third (31%) of purchases were made by people in their 30s, up from 21% in 2024. There was also a fall in purchases made by people in their 50s and 60s, as the proportion fell to 20% in 2023, down from 29% in 2014.
Richard Rowntree, managing director of mortgages at Paragon Bank, said: “There is a perception that buy-to-let landlords are an aging group, but the majority of new purchases are concentrated in landlords who are under the age of 50.
“This group accounted for nearly three quarters of all buy-to-let purchases last year, highlighting that there remains strong investor appetite for rental property among younger landlords.”
He added: “There has also been a strong increase in the proportion of landlords in their 20s and 30s purchasing property and these landlords will be the portfolio landlords of the future.
“With forecast growth in the population of 10% and significant demographic changes, it’s vital we increase the stock of rental homes to keep pace with demand.
“These landlords need a stable fiscal and regulatory environment to encourage continued investment into the sector.”
