Revealed: UK’s landlord hotspots

Revealed: UK’s landlord hotspots

0:01 AM, 8th February 2023, About A year ago

Text Size

The City of London has the highest number of landlords per capita in the country, according to a new survey.

Research by lettings and estate agent, Benham and Reeves, reveals that 23,555 people in the City of London earn an income through property.

Kingston Upon Hull is home to the lowest number of landlords per capita.

The figures show that there are currently an estimated 2.65m landlords across the UK, equating to 3,959 landlords for every 100,000 people.

‘UK property market provides a source of income for millions’

Marc von Grundherr, director of Benham and Reeves, said: “Not only does the UK property market help millions of buyers realise their dreams of homeownership each and every year, but it also provides a source of income for millions more of us and it’s great to see a robust number remain despite the government’s clamp down on the financial returns on offer.”

He added: “Technology has allowed us to expand our property portfolios beyond the previous geographical limitations of last year.

“With the combination of this technology, and a top-drawer letting agent to help manage the day-to-day requirements of a property investment, we now have the ability to live in Cornwall and invest in Scotland should we so wish.”

Hotspots across the UK

The research found the South East is home to the highest total number of landlords, but London has the highest number of landlords per capita.

Richmond and Kensington and Chelsea also rank with some of the highest landlord levels, followed by Elmbridge, South Hams, the Isles of Scilly, Barnet, Harrow, Three Rivers and Epping Forest.

In contrast, Kingston upon Hull is home to the lowest level of landlords per capita, with 2,710 landlords across a population of 266,463 – that equates to just 1,017 landlords per 100,000 people.

Blaenau Gwent, West Dunbartonshire, Knowsley, North Lanarkshire, Stoke-on-Trent, Sandwell, Glasgow, Inverclyde and Liverpool are also home to some of the lowest number of landlords.

Share This Article

Leave Comments

In order to post comments you will need to Sign In or Sign Up for a FREE Membership


Don't have an account? Sign Up

Landlord Tax Planning Book Now