Nearly half of buy to let (BTL) homeowners are ‘pension pot landlords’ according to estate agent Your Move.
A pension pot landlord, says the firm, is a buy to let homeowner over the age of 45 principally using their property portfolio as a store of wealth for their retirement.
Four in 10 (41%) BTL property owners in the UK class themselves within this group. Nearly a quarter (23%) have been a landlord for 15 years or more.
The latest house price data from Halifax shows that house prices suffered their biggest falls since April, £4,000 on average. Any negative movement in prices is likely to affect the capital gains of someone relying on housing for retirement wealth.