Inheritance boom could create new generation of landlords – John Minnis Estate Agents
Research cited by the estate agency found 2.1 million adults received an inheritance over a two-year period in 2018-20, up from 1.7 million in 2008-10.
Hundreds of thousands of people receiving substantial inheritances could create a new generation of landlords, according to John Minnis Estate Agents.
Research cited by the estate agency found 2.1 million adults received an inheritance over a two-year period in 2018-20, up from 1.7 million in 2008-10.
Of these, 32% received £50,000 or more, equivalent to around 670,000 people.
John Minnis Estate Agents said the expected growth in intergenerational wealth transfers could give more people the capital to consider property investment.
Separate HMRC research found 40% of landlords originally bought their property to live in or received it through inheritance or as a gift, while 60% purchased specifically as an investment.
John Minnis, founder of John Minnis Estate Agents, said: “We’re entering a period where property wealth accumulated over decades is going to move between generations on a much greater scale.
“For someone who already owns their own home, receiving £50,000, £100,000 or more can create a completely different set of financial choices.
“They might reduce their mortgage, invest in stocks and shares, keep the money in savings or spend some of it. But purchasing a rental property could also enter the conversation.”
The firm stressed that the number of people receiving substantial inheritances did not represent a forecast for new landlord numbers.
However, it calculated that if 1% of the roughly 670,000 people receiving inheritances of at least £50,000 invested in rental property, this could equate to around 6,700 investors.
At 5%, this would rise to approximately 33,600, while at 10% it would reach around 67,000.
Minnis added: “The really interesting point is that we don’t need a huge proportion of inheritance recipients to become landlords for this to have an impact on the rental market.
“If even a relatively small percentage of people receiving substantial inheritances decide to put some of that capital into rental property, you could see thousands of new investors entering the market over time.”
Related
Average landlord portfolio grows to 18 properties in Q3 – Fleet Mortgages
The mortgage conversation has changed for landlords in 2026
The Renters’ Rights Act has given advisers a reason to talk to every landlord client
Rely helps first-time landlord secure funding after previous lender decline
Rental property database could cost landlords £327m a year, says NRLA
Government launches consultation to extend Awaab’s Law to protect private renters
BTR investment surpasses £900m as volumes reach record high in Q3 – Savills
TDS Group and Nationwide Foundation launch Better Renting programme
Propertymark launches guide for handling tenants with pets
Stonebridge and HL Partnership record strong AR firm growth in 2026 – Network Consulting
Brokers cite affordability checks as biggest barrier to expat lending – Suffolk BS
