A new survey of 800 UK landlords, commissioned by landlord insurance provider, Simply Business, has revealed which cities they are most keen to invest in during 2020.
According to the study, which assessed the buy-to-let market, London and Manchester came out top as the cities where landlords expect the buy-to-let market to be most robust this year. Combined, the two cities received over a third of votes when asked which city represents the best investment opportunity.
While the capital’s housing stock usually retains strong value, London house prices fell 1.8% in 2019, ending the year as the weakest performing region in the UK. But today’s figures suggest that existing landlords may now be recognising the opportunity to acquire more properties in the capital.
Purplebricks Group plc (LON:PURP) engages in estate agency business in the United Kingdom, it provides services relating to the sale & lettings of properties.
