More women 'investing in property rather than savings'

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More women 'investing in property rather than savings'

Increasing numbers of British women are opting to invest their spare cash in property rather than savings accounts.

These are the findings of a new survey from the National Landlords Association (NLA), which revealed that 74 per cent of the 500 female property investors questioned said they believe bricks and mortar to offer better returns than savings accounts.

A further 55 per cent said they have started to offer added extras to retain their tenants during the current economic lull.

Chairman of the NLA David Salusbury stated: "Female landlords demonstrate that with professionalism, creativity and a flexible approach, property can be a solid investment during the recession."

This research accompanies the launch of the NLA Property Women Awards 2009, which aim to recognise the achievements of women who manage their own property organisations.

Landlords in the UK should try to overpay on their mortgages as lending is set to tighten in 2010, according to advice from SmartLandlord.co.uk.

Click here for more mortgage news.
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