Statistics show the gender gap in buy-to-let is narrowing with more women becoming landlords and growing their property portfolios.
Recent statistics, gathered by London estate agent, ludlowthompson show that:
👩 During the most recent tax year, the number of residential property landlords who are women increased to 1.25 million from 1.2 million in 2020.
💰 Women’s income is increasing almost twice as fast as men's (27% in comparison to 15% in the last five years.)
Reported by Property Investor Today, the research found that women's income from buy-to-let investments has drastically increased to £16.1 billion, up from £12.7 billion in 2014/15.
The total income for male landlords has increased by 15%. By comparing total male and female landlord income we can conclude that women may have purchased buy-to-let properties faster than men.
The Prime Minister’s announcement of a 1.25 percentage point rise in tax on dividend shares may come as a blow to property investors operating via a limited company, particularly after the increase to corporation tax announced in the March budget.
Gary shares his first-hand account of what it's like working with Provestor, the property accountants.