Many female rental property owners are optimistic about the future of the market, a new study has found.

Research by the National Landlords Association (NLA) found that 62 per cent of women buy-to-let investors are planning to expand their portfolio over the next year.

Meanwhile, one in three respondents said the ongoing economic downturn has not impacted on their plans to purchase more properties.

This, they stated, is partly because they believe property could generate better returns than putting money into a savings account.

Indeed, nearly nine out of ten women said they prefer to invest in a home rather than leaving their cash in a bank.

This could be partly because savings accounts are yielding limited returns as a result of recent interest rate reductions.

The Bank of England currently has rates at 0.5 per cent - the lowest level in the history of the institution.

Written by John Weeks

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