Latest research from Alliance & Leicester Mortgages (A&LM) shows that over half of the UK’s landlords are investing in buy-to-let properties to build up assets for the future, rather than provide an income for the present day.

In its most recent annual Landlord Index, A&LM found that 57% of landlords surveyed were depending on their property investments to provide a retirement fund or to cover other future expenses.  Only 11% of respondents were using rental income to supplement their present main income.

Jason Brand, director of Brand Vaughan, points out that: “Releasing the equity built up in a rental property over a number of years could provide a crucial lump sum to cover future needs, like university fees … and in many cases act as an alternative pension pot.”

The study also indicates that 31% of landlords are over 55 and that 64% see the rental industry as a long-term means of gaining assets.

“Brighton & Hove with its young population boosted by our universities and vibrant city lifestyle makes investing in the buy to let sector an attractive long term proposition. Brand Vaughan has an excellent selection of buy to let properties starting from £140,000 adds Jason Brand”.