LATEST BtR RANKINGS MAKES LUNCH IN LONDON PROPERTY A ‘MASSIVE OPPORTUNITY’ FOR INVESTORS & DEVELOPERS

London has continued to dominate the list of the most attractive cities for buy-to-let landlords for the second year running, with property markets there attracting more investment than any other part of the UK.

The news of London’s dominance comes just a few weeks before some of the capital’s most influential developers and investors will gather together to discuss future projects and where their £billions of btr money will be spent.

The results of the research was accrued via 100,000 policies taken out with landlord insurance provider Simply Business.

The insight shows that landlords still view the capital as the biggest opportunity for buy-to-let properties in 2022, with over 39,000 buy-to-let insurance policies taken out in the capital.

The good news for would-be investors, developers and builders in these areas is that Built Environment Networking (BEN) is holding their famed ‘London Property Lunch’ on Friday, 3rd March at the Gordon Ramsay Heddon Street Kitchen.

The BtR data for London will no doubt paint a rosy backdrop for the hotly anticipated ticket-only luncheon, where the top brass will make themselves available for networking in an informal setting.

Luminaries from the BtR sector attending, include Amro Partners – Tom Donnachie, Investment Director, Greystar – Bella Peacock, Managing Director, Packaged Living – Ed Ellerington, Founder & Managing Director, HUB – Victoria Manston, Development Manager, Quintain Living – Rajesh Shah, Executive Commercial Director, and a rep from Willmott Dixon.

Reports suggest that there are tickets still available for the luncheon but are limited.

Birmingham and Manchester remain strong in their appeal to landlords for the second year in a row after taking the second and third place spots in both 2021 and 2022. 

Bristol’s appeal has increased over the past year, climbing from sixth place in 2021 to fourth place last year, taking the place of Glasgow, which saw buy-to-let policies fall over the last two years. 

A recent report by Simply Business also found that almost half (45%) of landlords still think that letting property is still a worthwhile investment, and one in five (23%) landlords are planning to buy another property in 2022. 

All of the top ten cities for buy-to-let properties have at least one university, naturally drawing large demand for this type of property.

Top 10 cities for buy-to-let properties in 2022 according to policy data from Simply Business: 

  1. London
  2. Birmingham
  3. Manchester
  4. Bristol
  5. Nottingham
  6. Glasgow
  7. Edinburgh
  8. Liverpool
  9. Leeds
  10. Leicester

Built Environment Networking Chief Executive Keith Griffiths said “What a great piece of news for the built environment sector in London and the UK. Its testament to the hard work of those cities who have invested to make their territory ripe and fertile for the BtR market. We look forward to seeing you all at our Property Lunches in Birmingham, London, Bristol, Scotland, Leeds and Manchester where you can meet the people who are driving these cities forward. Come and join us and network with these visionaries. They are all available for networking!”

Alan Thomas UK CEO at Simply Business said “The private rental sector houses over 17% of British households, with landlords taking on capital risk to provide the product of housing to those who otherwise might not be able to afford it. 

“Though London remains unrivalled for its demand for buy-to-let properties, we are seeing northern cities including Liverpool and Leeds come into the top 10. It is wholly encouraging that our data shows that landlords view a broad spread of regions as attractive areas to invest this year. ”

To book your seat at a property lunch near you go to: https://www.built-environment-networking.com/event/london-property-lunch-march/