View more on these topics

Paragon probe reveals nation of landlords

Britain is turning into a nation of landlords, acc-ording to latest

research by Paragon Mortgages.

The Paragon Mortgages Property Investor Confidence Tracking Index says in

the last five years about £6bn-£7bn have been lent to landlords

against about 135,000 investment properties in the buy-to-let sector.

The index, compiled in June, shows that over two-thirds of private

landlords with mortgages have created small portfolios of property

investments, with 37.7 per cent having two or three properties, 13.4 per

cent with four or five properties and 9.3 per cent with between six and 10


Ten per cent of landlords have built up substantial portfolios of between

11 and 50 residential investment properties.

Just under 35 per cent of landlords say that they invest in property for

the rate of return, 27.6 per cent because it represents a safe investment

and 7.1 per cent said they opted for property because it is a more hands-on


Managing director John Heron says: “Increasingly, we are becoming a nation

of small landlords. These private investor landlords are now an important

part of the nation&#39s economic and social fabric. We need to understand this

economic sector better and be able to gauge how private landlords react to

the ups and downs of the economy.”


Misys profits up

Misys announced its best ever results this morning, with profits up 11 per cent to £140m for the year to May 2001, compared to £126m for the previous year, although its chairman is expressing caution about the future.Its strong growth in the financial services sector produced a revenue increase of 53 per cent to £314m […]

Comdirect expands Isa offering

Online broker Comdirect is to expand its iPlan Isa offer, with the addition of four new iShares, exchange traded funds managed by Barclays Global Investors.The iPlan Isa product allows investors to trade in its iShares at any time during market hours without attracting stamp duty through index trackers. The trackers provide investors with exposure to […]

Outside Edge – Robert Reid

Earlier this week, I found myself playing golf at the prestigious RoyalBlackheath Golf Club when a sudden downpour sent me scurrying towards mygolf bag in search of my waterproofs. Forgetting that the last time I wore these was in 1990, I quickly put themon, only to convince my playing partner that at some time I […]

Beale Dobie guide to Tep pros and cons

Traded endowment policy market-maker Beale Dobie has updated its IFA guideand produced a new consumer version which discusses the pros and cons ofTeps. The new IFA guide aims to help advisers explain to their clients the taximplications of investing in Teps and their uses in retirement planning. The guides also list frequently asked questions, including […]

The curse of long-term cash

Trevor Greetham, Head of Multi Asset at Royal London Asset Management, reveals why clients should be seriously concerned when short-term holdings of cash turn into a long-term investment. There is nothing wrong with holding wealth in the form of cash on a short-term basis. For many people capital stability is important and access to ready cash […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm