Portfolio landlords still looking to expand
- More than a quarter of landlords who own five or more properties are planning to increase their portfolio over the next year, while one in five who have 2–5 properties are also planning to expand (Rightmove).
- Over half of landlords are planning to keep their property portfolios consistent or increase the number of properties they own. Single-property landlords are more likely to be looking to leave the sector.
- Published in 2022, the English Private Landlord Survey 2021 found that 18% of landlords owned five or more properties but such landlords represented 48% of all tenancies
- A Property Academy survey of close to 6,000 landlords indicated that over three-quarters of landlords owed less than half the value of their portfolio on their buy-to-let mortgages. Landlords with lower loan-to-value mortgages are less impacted by current market volatility.
Source: #Dataloft, Rightmove, English Private Landlord Survey 2021, Property Academy Landlord Survey 2022
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