Mortgage customers going down the buy-to-let route should consider renting their property to families, it has been claimed.
Those who invest in a house suitable for parents and kids will find that it works out a “safer long-term investment” than flats, according to Property Hawk.
Editor Chris Horne explained that family housing is harder to come by for renters and noted that there is an oversupply of flats aimed at single professionals and couples.
“There is increasing demand from families who traditionally would have bought houses and are now either deciding not to or are unable to afford to get on the housing ladder,” he said.
“Landlords are seeing that as an opportunity and are stepping in and catering more for the family market rather than just for young professionals.”
Recent data from the Royal Institution of Chartered Surveyors revealed that new tenant demand outpaced supply in the three months to July.