57% of landlords let to young couples

Research commissioned by buy-to-let mortgage lender Paragon Mortgages shows that terraced houses were the preferred rental property proposition in Q3. Young couples and families were the most prolific tenant type for landlords. According to their research, quarter three (Q3) showed that more than half (58%) of landlords owned terraced properties, 53% flats and 44% owned semi-detached houses. Young couples remained top in terms of tenant types (57%), followed by families with children (51%) and young singles (49%). The top tenant types remained fairly static throughout the past year, with families becoming a firm fixture. It has been reported that Paragon are in talks to buy the Hampshire Trust in a bid to gain a banking license. December 7, 2012