More wom­en­buy homes at auc­tion

Yorkshire Post - Property - - PROPERTY -

A GROW­ING trend of pro­fes­sional women en­ter­ing the buy-to-let mar­ket is sweep­ing through auc­tion rooms, say ex­perts.

Fe­male bid­ders are choos­ing to be­come land­lords as a way of en­sur­ing their fi­nan­cial sta­bil­ity and sat­is­fy­ing their de­sire to ren­o­vate prop­er­ties. Auc­tion Fi­nance Lim­ited is re­port­ing an in­crease in the num­ber of fe­male in­vestors it has lent to over the last year.

Scott Hendry, an ex­pert from Auc­tion Fi­nance Lim­ited said: “I’ve no­ticed a lot more fe­male buy­ers in the auc­tion rooms in the past year or so, par­tic­u­larly in res­i­den­tial auc­tions.

“It seems women have a grow­ing con­fi­dence in in­vest­ing,” he added.

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