North West landlords embarrassed to admit they are a landlord

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One in five landlords in the North West are embarrassed to admit they are a landlord, according to a recent poll of almost 800 residential property investors.

The findings show that on average 21 per cent of the regions landlords have been too embarrassed to admit it before.

Across the UK, more landlords in the East of England and the East Midlands said they were embarrassed to admit it compared to any other region (29 per cent and 28 per cent respectively).

At the other end of the scale, the English regions with the fewest embarrassed landlords were the South East and Yorkshire and Humber (18 per cent).

Just 13 per cent of landlords in Scotland said they had been too embarrassed to admit it before – the lowest across the UK (see full regional breakdown below).

The findings indicate that approximately 400,000 of the UK’s 2 million landlords avoid telling people what they do.

The NLA, which is the largest representative body for landlords in the UK, says that despite the bad press, the majority of tenants are satisfied with their current landlord and tenancy.

Richard Lambert, Chief Executive Officer at the NLA, said: “The number of people looking to invest in property is rising all the time yet the stigma attached to being a landlord never seems to diminish.

“It’s the minority of rogues and criminal landlords that make the headlines, and this has a negative impact on everyone else.

“The majority of landlords are hardworking individuals who put their own money into providing homes for others, and they should not be ashamed to say so.”